July 26, 2019 – Predatory lending practices have been a problem in New Mexico for years, in part because of our high poverty rate. Now, some local governments are offering an alternative to payday loans. Host Gene Grant and the Line opinion panelists discuss these programs, and whether or not they are a viable solution to helping employees avoid long-term debt.
Diane Denish, Former Lt. Governor
Dave Mulryan, Everybody Votes Founder
Ed Perea, Lawyer and Public Safety Expert
Diane Snyder, Former State Senator
For Further Reading:
Mayor’s Employee Loan Program Approved, Santa Fe New Mexican