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Thank You, Rep. Herrera

I am writing to commend State Rep. Susan Herrera, D-Embudo, for her leadership and perseverance in the successful effort to end predatory lending in New Mexico. ....

New Mexico , United States , New Mexicans , Fred Nathan Jr , Susan Herrera , House Bill ,

2022 Session - Ep. 7, The Lenders of Last Resort

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. ....

New Mexico , United States , New Mexicans , Fred Nathan Jr , Dan Boyd , Thornburg Foundation , House Bill , Executive Direct , Think New , Think New Mexico , Senate Bill ,