Mon, 2 February 2015
Today on Here and There we talk with University of New Mexico law professor Nathalie Martin about payday loans...the most hyper-expensive way to borrow. Prof. Martin has documented cases in NM of annual rates of interest aboVE 1000%. How can this happen? -- there's no law against it. But there are bills presently before the State Legislature to cap the cost of payday borrowing.