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New Nevada Law Tightening Rules on Loan Servicing Companies

June 16, 2017 By Phil Johncock

New Nevada law is closing loan loop holes for Nevadans.

“Closing these crucial loopholes will give Nevadans a fighting chance to get back on their feet.” -Assemblyman Edgar Flores

This is an important step, but more needs to be done. Consumers should expect to be more thoroughly vetted before receiving any short term, payday or signature loans.

“What does that law look like moving forward? How will it be implemented? It’s positive that we’ve had some change. What is it really going to do?” -Nancy Brown, President of Opportunity Alliance Nevada

Watch video below for details…

Filed Under: News Tagged With: loan loopholes, loan servicing companies, payday loans, short term loans, signature loans

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