skip to main content
skip to newscasts

Wednesday, February 28, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Electric bus movement looks to accelerate; Macron says he has not ruled out using Western troop to help Ukraine stand-up to Russia; two rural Iowa newspapers saved from extinction; BLM announces added protections for sensitive Oregon landscape.

view newscast page
play newscast audioPlay

Speaker Johnson commits to avoiding a government shutdown. Republican Senators call for a trial of Homeland Security Secretary Alejandro Mayorkas. And a Democratic Senator aims to ensure protection for IVF nationwide.

view newscast page
play newscast audioPlay

David meets Goliath in Idaho pesticide conflict, to win over Gen Z voters, candidates are encouraged to support renewable energy and rural America needs help from Congress to continue affordable internet programs.

Community Groups Urge Nevadans to Learn Risks of Payday Loans

play audio
Play

Thursday, September 20, 2018   

LAS VEGAS — A free workshop in Las Vegas on Monday is aimed at educating people about the risks of payday loans.

Short-term, high-interest, payday lending is prohibited in several states - and many states that do allow these loans put limits on the amount of interest that can build up on them. But that isn't the case in Nevada. In the absence of those regulations, Robin Collins with Nevadans for the Common Good said many low-income people in the state are getting caught in cycles of debt.

"Once someone gets a payday loan, because the way it's serviced and the interest rate, it is hard to get out of it,” Collins said. “As a matter of fact, the statistics show that when a person gets a loan, they might get a loan, and then they might get a loan to pay off that loan - and then it just continues, continues, continues."

Several states have created databases of payday-loan borrowers, meant to help prevent them from entering into multiple deals they can't afford. Collins said Nevada doesn't have any such system to enforce borrowing rules before a loan is issued.

The Monday evening forum will be held at Las Vegas' University United Methodist Church. It's co-hosted by nine Nevada community groups to help the public understand how short-term lenders operate in the state.

Collins said one goal of the workshop is to make clear that high interest rates mean borrowers often get stuck owing much more than they bargained for.

"Those people who are affected, we want them to come and tell us their stories and talk to us, so that we can show them that there's some hope, and show them how to get out of it,” she said.

For those who can't attend the workshop, the Legal Aid Center of Southern Nevada offers information on payday loans online at lacsn.org, as well as free payday-loan classes once a month.



get more stories like this via email

more stories
A new report from California Competes outlined four main areas of action for colleges to take to reengage, reenroll, and propel comebacker students to completion. (Sacramento State/Jessica Vernone)

Social Issues

play sound

More than 6 million Californians stopped out of college before getting a degree and a new report has laid out a plan to bring them back on campus…


Social Issues

play sound

North Carolina's public school system is facing a crisis, according to the recently released "Public Schooling in America 2024" report. It ranks the …

Social Issues

play sound

In the 2023 legislative season, 25 states introduced legislation related to artificial intelligence and more than a dozen states enacted AI …


Colorado's I Matter program provides adolescents in crisis access to six free mental-health counseling sessions, with referrals for further help if it is necessary. (Pexels)

Health and Wellness

play sound

Advocates say Colorado legislative leaders are working to make the state a leader in addressing the youth mental health crisis. At least nine bills …

Social Issues

play sound

A coalition of organizations in Georgia is joining forces to combat the rising rate of suicide among children and teenagers. According to national …

States including California and Illinois have passed mental health legislation similar to what Michigan is now considering, without seeing increases to insurance premiums. (Drazen/Adobe Stock)

Health and Wellness

play sound

A House bill aimed at increasing access to mental health care in Michigan could go to a vote on the House floor at any time. Rep. Felicia Brabec…

Social Issues

play sound

Rep. Ben Toma, R-Peoria, Speaker of the Arizona House, has introduced legislation with hopes to curtail illegal immigration and save Arizonans big in …

play sound

Most school and transit buses on the nation's roadways these days are still powered by diesel engines but in Wisconsin and elsewhere, there is hope …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021