By KATIE GUTIERREZ
Tax, Budget, and Economic Reform Director
Think New Mexico
Despite the success of the anti-predatory lending law in keeping credit accessible to low-income New Mexicans at dramatically lower interest rates, threats to the law are looming.
In 2022, Think New Mexico worked with Representative Susan Herrera, Senator Bill Soules, and members of the Fair Lending Coalition to win passage of legislation reducing the maximum annual interest rates of small loans from 175% to 36%. The law is worded to prevent charges over 36% for any small loans made in the state—including interest Read More







By ROB LEWIS

Sen. Cindy Nava
By RICHARD SKOLNIK
