It’s urgent the nation's lawmakers and you will Gov. Michelle Lu enact Family Statement 132 – by the Representatives. Susan Herrera, D-Embudo, Speaker Brian Egolf, D-Santa Fe, and you can Associate. Contentment Garratt, D-Albuquerque – in 2022 lesson to minimize the most annual interest rate toward quick loans from 175%, among the high pricing in the country, so you can thirty six%.
This matter was individual in order to all of us, as weight off predatory lending cannot fall uniformly into brand new Mexicans.