Originally published at realclearmarkets.com on June 21, 2023 In New Mexico, an interest rate cap on specialized emergency loans when into effect in January. Since then, big-bank promoters have endorsed the small-dollar short-term loan products offered by U.S. Bank, Bank of America, Wells Fargo, Huntington Bank, and others as alternatives. Recently, those same activists have thrown in support for […]
We are thrilled to announce that Patrick Brenner, president of the Southwest Public Policy Institute (SPPI), will be representing SPPI as a distinguished panelist at the Independent Women’s Forum. The panel will test a simple, powerful idea: how do we ensure fair lending policies for vulnerable Americans; and will bring together experts to address the […]
The unintended consequences of price controls on consumer access to credit.
SPPI shares insights on the impact of the war on specialized emergency lending at AFSA’s conference in Las Vegas.
HB 3389 in Texas is critical for protecting consumers and businesses.
Jack Radomski and Brandt Kringlie are the inaugural recipients of the Marianne T. Anderson Memorial Fellowship.
Patrick Brenner has been invited as a speaker and panelist to discuss SPPI’s report “No Loan for You!” and how the war on specialized emergency lending is hurting the American Southwest.
We tested the prediction that banks will step in when payday lenders face restrictions. They didn’t want our business.
How the war on specialized emergency loans has hurt New Mexicans.
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.
