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New Mexico court restricts high-interest loans – Sacramento Bee

loans - Google News Jun 26th, 2014 Loans.



New Mexico court restricts high-interest loans
Sacramento Bee
SANTA FE, N.M. -- New Mexico's highest court cracked down Thursday on small consumer loans carrying quadruple-digit interest rates. The state Supreme Court said the high-cost "signature loans" violated the state's Unfair Practices Act and the interest ...

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