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Industry watchers predict rise in payday lending

Industry watchers predict rise in payday lending

Economically Southern Nevada has grown to become one of the hit metros that are hardest in the whole country because of the state’s dependency regarding the leisure and hospitality industry, depleting finances for countless families.

It is tough to anticipate exactly exactly how economic behavior will alter due to the COVID-19 pandemic, many economic advocates worry a rise in the utilization of short-term, high-interest payday advances by susceptible Nevadans.