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Conservatism Culture Domestic Policy Economy Legal and Judicial Life Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Progressivism Public Opinion Top Issues

The Unintentional Consequences of Banning Specialized Emergency Loans

Specialized emergency lenders play a crucial role in providing access to credit for individuals who may not qualify for traditional loans from banks or credit unions, and can be a lifeline for those facing unexpected expenses or a temporary financial setback.

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Colorado Domestic Policy Economy Government Regulation Legal and Judicial Life Political Thought Public Opinion Top Issues

What’s Past is Prologue: David Silberman’s History of Attacking the Products He’s Now Tasked With Studying

David Silberman has a history of weaponizing the government to routinely and aggressively target the very products he is now charged with assessing the safety and affordability of.

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New Mexico Top Issues Updates

A Letter To The Better Business Bureau Regarding Specialized Emergency Lending

Kip MorseChief Executive OfficerBetter Business Bureau3033 Wilson Blvd, Suite 600Arlington, Virginia 22201 Dear Mr. Morse, We are seeking clarifications regarding a new report published by your organization on small-dollar lending on September 1, 2022. https://www.bbb.org/all/scamstudies/payday_loan_scams_study.html While the report includes dozens of false assertions about the industry – from using the meaningless metric of APR, to […]

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Domestic Policy Economy Government Regulation Life Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Public Opinion Top Issues

Santa Fe New Mexican: Here’s What Rate Caps Really Do To Consumers

Originally published at Santa Fe New Mexican on June 11, 2022. Earlier this year, as New Mexico debated legislation limiting to 36 percent the annual percentage rate for consumer loans in the state, the primary witness testified in support of the bill before the Consumer and Public Affairs Committee. Claims were made that do not hold […]