Lending
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Testimony & Comments
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…
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Op-Ed
Here’s What Rate Caps Really Do To Consumers
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…
Originally published inSanta Fe New Mexican