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Hearing on proposed tiny loan laws today

Hearing on proposed tiny loan laws today

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Hearing on proposed tiny loan laws today If passed away because of the Senate and finalized into law, HB 150 would: Need lenders to deliver effective information on tiny loans, allowing the FID to confirm storefront loan providers are staying with tiny loans legislation and assess the way the legislation is impacting New Mexicans; Allow borrowers twenty four hours to rescind a high-interest loan; Align charge conditions, disclosure demands, and penalty provisions so customer protections are constant for several borrowers;…

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