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2015 Legislature: Payday Loans

February 3, 2015

NMiF correspondent Gwyneth Doland is following issues and legislation in the Roundhouse. This week, she is reporting on a proposal to cap interest rates on payday loans at 36 percent. “I think it’s very much a human rights issue,” Sen. William Soules, D-Las Cruces said Monday. “We are charging people exorbitant interest rates on very small…

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New Mexico in Focus is on hiatus as our team gears up for coverage of the general election; we'll be back with all new journalism in October.