Assembly Bill 515 would produce a confidential database of payday, high-interest and title loans carried out in Nevada. The theory would be to produce information, minus the names of men and women getting loans, that will better assist the state get a feeling of the industryвЂ™s tasks.
CARSON CITY вЂ” Nevada officials want a better way to trace and know the way the pay day loan industry works within the state.
Assembly Bill 515 would create a private database of payday, high-interest and title loans done in Nevada. The theory is always to create data, without having the names of men and women loans that are receiving that will better assist the state get a feeling of the industryвЂ™s tasks.
The balance ended up being heard Monday within the Assembly Government Affairs Committee which took no action from the bill.