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The New Mexico House and Senate have both passed House Bill 132 which would create a 36% annual percentage rate (APR) cap on loans up to $10,000 made under the New Mexico Bank...
Maine amended the Consumer Credit Code to protect consumers from predatory and fraudulent lending practices, include an anti-evasion provision under which purported bank agents or service providers are deemed lenders for the purposes of statute.
Senate Bill 21-091 would allow sellers to assess a credit card surcharge of up to 2% per transaction to consumers.