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Brand new Mexico regulators perform brand-new policies for payday advance loans

Brand new Mexico regulators perform brand-new policies for payday advance loans

ALBUQUERQUE, N.M. (AP) — they won many years for first time Mexico lawmakers to finally arrive at viewpoint on overhauling the store credit industry by capping interest rates. But say regulators has but to finalize the guidelines recommended within the unique legislation to reinforce customers defenses and enforcement.

a decorate of lawmakers known from consumer recommends this week that are forcing for any regulations staying end and also for loopholes to become sealed.