New Mexicans in financial trouble who take out small loans from storefront lenders are now less likely to get trapped in a cycle of debt. KUNM’s Nash Jones reports a law passed last year went into effect on Jan. 1 that drastically reduces the rate of interest these lenders can charge.
The session ended about a week ago. Now that we’ve had some time to catch our breath, take a nap, and really assess what was accomplished, we’re going to do a live wrap-up show. And you’re invited to join us and to contribute comments or questions.On Monday, February 28th, join #YNMG for a Facebook Live event where we’ll ask journalists who spent the last month focused on the lawmaking process what they saw, what surprised them, and which issues we’re likely to revisit either in a special session this year or in 2023.
There are only a few days left in this 30-day legislative session and it’s starting to feel like a lot is getting done. We are close to a final budget, education and voting bills are moving forward and there has been a lot of movement on anti-crime bills. Crime is up nationwide and we are certainly feeling it in New Mexico. Today on #YNMG we’ll take a look at some of the criminal justice measures considered by the legislature that have broad goals like easing sentencing on minors and increasing penalties for gun crimes, to name just a couple.