Native groups you need laws to get limitations towards the predatory lending It’s immediate our elected representatives and you can Gov. Michelle Lu enact House Bill 132 – from the Representatives. Susan Herrera, D-Embudo, Audio speaker Brian Egolf, D-Santa Fe, and Rep. Contentment Garratt, D-Albuquerque – when you look at the 2022 session to attenuate the most yearly rate of interest towards short fund off 175%, one of many large rates in the country, so you can thirty six%. This matter are private so you can united states, because the weight regarding predatory financing will not slip evenly with the…