Skip to content

2015 Legislature: Payday Loans

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…

Read More