/tags/installment-loans installment loans en-US Copyright Thu, 05 Mar 2015 03:52:59 GMT /public-health-new-mexico/2015-03-04/problems-linger-for-borrowers-of-fast-cash High interest, small dollar loans are abundant in New Mexico. Businesses offer quick cash payments for people who need money right away. But the interest… Thu, 05 Mar 2015 03:52:59 GMT /public-health-new-mexico/2015-03-04/problems-linger-for-borrowers-of-fast-cash Ed Williams /local-news/2015-03-04/do-new-mexicans-need-protection-from-storefront-lenders 91°µÍř Call In Show 3/5 8a: Critics say short term loans trap New Mexicans in a cycle of poverty. Often borrowers end up paying more than the amount of the… Wed, 04 Mar 2015 17:34:25 GMT /local-news/2015-03-04/do-new-mexicans-need-protection-from-storefront-lenders /local-news/2015-02-20/lawmakers-blocking-loan-cap-got-industry-money Five of the six senators who opposed legislation to cap what lenders can charge borrowers on certain types of loans took thousands of dollars in campaign… Fri, 20 Feb 2015 15:21:09 GMT /local-news/2015-02-20/lawmakers-blocking-loan-cap-got-industry-money /local-news/2015-02-04/payday-loan-cap-on-hold-despite-prayers Despite the vocal support of a group of religious leaders, a legislative panel decided on a party-line vote Wednesday to set aside two proposals (HB 24… Thu, 05 Feb 2015 02:58:08 GMT /local-news/2015-02-04/payday-loan-cap-on-hold-despite-prayers /local-news/2015-02-02/lawmaker-wants-to-cap-storefront-lending-rates The average person who takes out a short-term loan borrows about $650 and pays about 340 percent interest. But rates on payday, title and installment… Mon, 02 Feb 2015 22:40:50 GMT /local-news/2015-02-02/lawmaker-wants-to-cap-storefront-lending-rates