Tag: current affairs

Municipalities Offer Loan Programs as Alternative to Payday Loans | The Line

>>BACK TO THE LINE, NEW MEXICO IS ESPECIALLY VULNERABLE TO PREDATORY LENDING BECAUSE WE ARE POOR STATE. SEEKING TO COMBAT THE PERSONAL DEBT SPIRAL, SOME LOCAL GOVERNMENTS HAVE OFFERED LOANS TO PUBLIC EMPLOYEES. INTEREST RATES SEEM STEEP UNTIL YOU COMPARE THEM TO THE HIGHER RATE THAT PAYDAY LENDERS CHARGE. JESSICA OF THE ALBUQUERQUE JOURNAL REPORTED […]

Read More