Lawmakers push for interest-rate cap on payday, name loans

Lawmakers push for interest-rate cap on payday, name loans The payday and name loan industry claims that despite a reputation that is negative tiny loan providers provide mostly of the choices for low-income residents in brand New Mexico, where high poverty and jobless rates are chronic. “People require the amount of money,” stated Charles Horton, an innovative new Mexico indigenous and creator of FastBucks. “We’re licensed,...

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