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Will New Mexico disarm the 'debt trap'? - Indian Country Today

The majority of these lenders are situated near Indigenous lands ....

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Will New Mexico disarm the 'debt trap'? - Source New Mexico

Lobbyists for storefront lenders are mostly saying the same thing: Regulating interest rates will make it hard for New Mexicans to “access” lines of credit. ....

United States , New Mexico , North Carolina , South Dakota , New Mexicans , Karen Meyers , Leonard Gorman , Gavin Clarkson , Susan Herrerad Embudo , Danielle Fagre Arlowe , Joe Ruben , Raymond Sanchez , Tony Tanner , Deborah Reyes , David Emery , Austin Weahkee , Garrettd Albuquerque , Community Development Financial Institution , Financial Technologies Corporation , Tancorde Finance Inc , Consumer Protection Division , American Financial Services Association , Online Lenders Alliance , Public Affairs Committee , Consumer Financial Protection Bureau , Qc Financial Services Inc ,