Without a doubt about State, major payday loan provider again face down in court over "refinancing" high-interest loans
Certainly one of Nevada's largest payday loan providers is once again facing down in court against circumstances regulatory agency in a situation testing the restrictions of appropriate restrictions on refinancing high-interest, short-term loans. Hawaii's finance Institutions Division, represented by Attorney General Aaron Ford's workplace, recently appealed a lower court's governing into the Nevada Supreme Court that found state rules prohibiting the refinancing of high-interest loans never fundamentally connect with a particular sort of loan made…