LETTER: Native communities need legislative action to end predatory lending
(01/31/22 5:24am)
It is urgent that the legislature and Gov. Lujan Grisham enact House Bill 132 (Rep. Herrera, Speaker Egolf, and Rep. Garratt) during the 2022 session to reduce the maximum annual interest rate on small loans from 175%, one of the highest rates in the nation, to 36%.