Category Archives: Maine car title loans near me

Lawmakers tackle payday financing. lenders make loans of $2,500 or less, with usually very high rates of interest and quick pay-back durations.

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Lawmakers tackle payday financing. lenders make loans of $2,500 or less, with usually very high rates of interest and quick pay-back durations.

By Melorie Begay | February 20, 2017

For the previous many years efforts were made in the State Legislature to cap rates of interest imposed by New Mexico’s industry that is small-loan alternatively called storefront lenders or payday lenders.Continue reading→