Why banks, payment networks, merchant servicers, and financial firms will face a harder four years, and what to do about it.
Category: State
The Southwest Public Policy Institute (SPPI) is proud to announce the unanimous appointment of Zachary Fort to its Board of Directors during the Institute’s quarterly board meeting held Monday, August 11th. Fort’s appointment comes as SPPI recognizes the dedicated service of three outgoing board members—Megan DeLaRosa, Becky Ingoglia, and Patrick O’Brien—whose terms have reached their […]
For exceptional achievement in ignoring market realities and promoting policies that backfire spectacularly.
Tara Jaramillo’s payday lending scheme didn’t happen despite New Mexico’s interest rate cap: it happened because of it, with a little help from Fred Nathan and the price-fixing crusaders at Think New Mexico.
‘Black Market Payday’ Makes Headlines: Unlicensed Lending by Tara Jaramillo
Price controls like New Mexico’s 36% APR cap have driven vulnerable workers into the hands of unlicensed lenders.
The veto of Alaska’s SB 39 preserves critical credit access for underserved consumers and rejects the failed model of rate caps seen in New Mexico and Illinois.
Report: Black Market Payday
How government price controls created an illicit supply of emergency credit.
Report: Access Granted
Nationwide, chambers of commerce have mislabeled legitimate data aggregation as phishing to cover for their own digital security failures.
The CFPB’s outdated rule on small-dollar lending punishes working-class Americans by restricting access to the very credit they rely on to make ends meet.
Albuquerque Journal Covers SPPI’s Legal Victory in Public Records Lawsuit
The victory guarantees access to public vehicle data to investigate the impact of EV mandates on vulnerable communities.