http://joemonahansnewmexico.blogspot.com/
NM is one of the few states that doesn’t have an interest rate cap. Rates can go as high as 3,287% for a “tax refund anticipation loan”. Public policy that makes NM a loan shark Nirvana explains why predatory lending franchises outnumber all the Starbuck’s, McDonald’s and fast-food restaurants in our state combined…