Payday-Loan Money Attracts the Elite of New Mexico Lobbying
The Santa Fe New Mexican › March 13, 2005
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Summary
Representatives of the payday-loan industry have argued in the Legislature this year that their stores provide jobs for New Mexico.
While consumer advocates have questioned the quality of those jobs, there's no dispute that payday loans have been an employment boon for one group: lobbyists.See the full content of this document
Extract
Payday-Loan Money Attracts the Elite of New Mexico Lobbying
According to a list provided by Lt. Gov. Diane Denish's office,
11 people -- considered by some a who's who of New Mexico lobbyists -- are working on behalf of House Bill 65, a payday-loan bill, sponsored by Rep. Patty Lundstrom, D-Gallup, that passed the House last week on a 59-8 vote despite opposition from co...See the full content of this document
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