Brand New Mexico: Payday Lenders Bypassed Laws by Calling Their Loans Installment or Signature Loans

Brand New Mexico: Payday Lenders Bypassed Laws by Calling Their Loans Installment or Signature Loans After A 2007 Brand New Mexico Cash Advance Law Passed, Lenders Relocated To Installment Loans. Installment Loans In New Mexico Are Widely Accessible Despite Payday Law And Charge Prices Of Between 520%-780%. “Despite the attorney general’s victories, similar types of

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