Lawmakers tackle payday financing. lenders make loans of $2,500 or less, with usually very high rates of interest and quick pay-back durations.

Lawmakers tackle payday financing. lenders make loans of $2,500 or less, with usually very high rates of interest and quick pay-back durations. By Melorie Begay | February 20, 2017 For the previous many years efforts were made in the State Legislature to cap rates of interest imposed by New Mexico’s industry that is small-loan alternatively …

Lawmakers tackle payday financing. lenders make loans of $2,500 or less, with usually very high rates of interest and quick pay-back durations. Read More »