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Payday financing industry offers big A statue of kids outside of the Roundhouse in Santa Fe.

Heath Haussamen / Brand New Mexico Comprehensive

A statue of kids outside of the Roundhouse in Santa Fe.

Storefront financing businesses and affiliated associations offered almost $140,000 to New Mexico general general public officials and governmental action committees in 2013 and 2014, relating to an analysis of information through the brand brand brand New Mexico Secretary of State’s workplace.

The majority of that — $115,805 — decided to go to lots of elected officials, including Republican Gov. Susana Martinez, Democratic Attorney General Hector Balderas and much more than 1 / 2 of the people in the brand new Mexico Legislature, Democrats and Republicans alike.

The 18 organizations and associations additionally offered $23,333 to political action committees closely associated with Democrats and Republicans, a brand new Mexico In Depth analysis shows.

The industry’s spending offers understanding of the fight that is ongoing the Roundhouse over whether or not the state should cap at 36 percent the attention price such loan providers may charge. (más…)


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