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Your NM Gov Podcast Ep. 7: The Lenders of Last Resort

YNMG ep 6 The Lenders of Last Resort

– We have ten days left in this legislative session. This is the point where everything starts moving very quickly – almost frantically – so lawmakers can get to all of the bills they care about before time runs out. Today we’re going to focus on House Bill 132, a bill that would limit interest rates…

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Payday Loan Cap Revisited

A piggy bank stands on a surface, with coins scattered across the surface.

October 9, 2020 – Gene Grant and The Line panelists look at renewed efforts to lower the cap even further on interest rates for payday loans. There is also a push to make financial literacy classes a part of a high school education requirement. New Mexico’s current cap of 175 percent is the nation’s third-highest…

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