Nevada’s greatest court has ruled that payday lenders can’t sue borrowers whom just take away and default on additional loans utilized to spend from the stability on a preliminary high interest loan. In a reversal from a situation District Court choice, the Nevada Supreme Court ruled in a 6 1 viewpoint in December that high interest loan providers can’t register civil legal actions against borrowers whom sign up for a moment loan to cover down a defaulted initial, high interest loan. Continue reading →