NCG Fights for Payday Lending Reform, Sends 4,000 Postcards to Nevada Governor & State Leg

So far in this spring legislative session, 'Nevadans for the Common Good' sent 4,000 postcards to the governor and state legislators in support of $40 million in affordable housing tax credits and a substantial increase in funding for Nevada public schools. 

NCG leaders are furthermore engaged in an impassioned fight with the payday lending industry over passage of SB 201, which would establish a payday lending database that would track short-term, high-interest loans to better protect consumers.  NCG initially sent a delegation of 10 leaders to the Capitol, which met with 17 legislators in one day.  Since then, leaders have communicated their concerns through hundreds of emails and phone calls that included personal stories to legislators about the harmful effects of predatory lending. 

Most recently, 50 leaders attended a midday hearing and delivered powerful testimony about the impact of high-interest loans on families.   Rev. Sandy Johnson with United Methodist Church in Boulder City, spoke on behalf of NCG, sharing that her personal friend experienced great financial difficulties brought on by payday loans.

“If existing state laws were enforced," said Pastor Johnson, "consumers like her would be protected from being trapped in a debt cycle for more than two decades.  The long term economic stability of families should not be undermined if they take out a short-term loan.”

Payday Lending Opponents, Industry Clash in Charged Hearing Over Loan DatabaseNevada Independent 

Payday Lending Industry Could See Rate Caps, Database Under Legislative ProposalsNevada Independent

NCG Leaders Postcard Mailing Party [Video]