financial literacy

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. On today's #YNMG we’re going to focus on House Bill 132, a bill that would limit interest rates on storefront loans - you know, the kinds of loans given in strip malls that sometimes require a car title as collateral. They’re problematic for the way they tend to cluster in less affluent parts of town and for the exceptionally high interest rates that often keep borrowers trapped in a cycle of debt that’s difficult to escape.

The decisions made by leaders and policy makers during the COVID-19 pandemic will have repercussions on small businesses across the state, and the…

Local fair lending advocates are partnering with an out of state loan company to curb predatory lending in New Mexico.Ona Porter, president and CEO of…

There are many reasons why people struggle to save money and move out of poverty. One is not having any extra money around for college, a house or to…