interest rates

Small, fast loans often lead to a cycle of ever-deepening debt, according to the Consumer Financial Protection Bureau. Lawmakers in New Mexico are…

Storefront lenders scored a win in Santa Fe Tuesday when the House Business and Employment Committee unanimously sidelined an effort to cap interest rates…

KUNM Call In Show 3/5 8a: Critics say short term loans trap New Mexicans in a cycle of poverty. Often borrowers end up paying more than the amount of the…

Despite the vocal support of a group of religious leaders, a legislative panel decided on a party-line vote Wednesday to set aside two proposals (HB 24…