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SPPI Job Index: Dark Clouds Are Gathering

Today’s fresh employment numbers from the U.S. Department of Labor’s Bureau of Labor Statistics are concerning.

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COVID Recovery: How is the American Southwest Doing?

States throughout the region boast a wide disparity of economic recovery in the aftermath of the pandemic.

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The Southwest Public Policy Institute Calls Out Better Business Bureau On Small-Dollar Lending Report

FOR IMMEDIATE RELEASE Rio Rancho, NM – Patrick Brenner, founder and president of the Southwest Public Policy Institute, called out the Better Business Bureau’s (BBB) misleading attack on small-dollar lending in a new report. “While the report includes dozens of false assertions about the industry – from using the meaningless metric of APR, to making […]

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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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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 […]