ALBUQUERQUE (AP) – Jill M ney recently t k down a $300 loan from the storefront company to leave of the jam that is financial adding her $1,400 vehicle as security.

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Reining in payday advances falls by wayside in brand new Mexico The Albuquerque mother of four thought it could just take approximately three, $ payments that are 100-a-month be performed because of the loan. However it t k seven months, plus the interest finished up being significantly more than 200 %. “They make the most of you,” said M ney …