Price controls like New Mexico’s 36% APR cap have driven vulnerable workers into the hands of unlicensed lenders.
‘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.
How can we ensure these revenues benefit all New Mexicans while fostering economic sustainability?
In response to Fred Nathan’s (July 30) op-ed praising New Mexico’s efforts to end predatory lending, I must assert that the celebratory tone is premature and misguided. Two significant studies conducted by the Southwest Public Policy Institute — “No Loan For You!” published in March 2023 and “No Loan For You, Too!” published in June […]
New Mexico Foundation for Open Government Continuing Legal Education Seminar: “Transparency in Practice” to be held June 8 in Albuquerque. The New Mexico Foundation for Open Government (FOG) will host “Transparency in Practice,” a continuing legal education training seminar on Wednesday, June 8 at the Albuquerque Journal auditorium. The FOG continuing legal education course has […]