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Think New Mexico

3 days ago

Think New Mexico

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Think New Mexico

4 days ago

Think New Mexico

Installment Loans

"In 2017, after years of considering measures to cap exorbitant interest rates on the storefront lending industry, the Legislature passed a bill setting that cap at 175 percent — several times the interest rate of regular banks and credit unions, but far less than the old “payday” loan rates of previous days.

But last month the Santa Fe-based think tank, Think New Mexico announced that it would be pushing for legislation that would set a maximum rate of 36 percent. In news interviews,
Think New Mexico director Fred Nathan has pointed out that New Mexico’s current rate cap is the third-highest in the nation.

But the industry, as it’s done in the past, is sure to fight any attempt to lower that cap.

In this election cycle, the major installment loan contributors have been the Kansas-based QC Holdings Inc ($12,750.00); Security Finance Corporation, a South Carolina company ($9,500.00); Axcess Financial Services, an Ohio corporation ( $6,250.00); the Georgia-based Community Loans of America ($5,250.00 ) and the Consumer Installment Loan Association of New Mexico, Inc. ($3,500.00).

Nearly 83 percent of the industry’s contributions came from out of state.

The candidates who received the most installment loan contributions were House Appropriations and Finance Chairman Patricia Lundstrom — who has long been considered a friend to the industry — as well as Sen. Benny Shendo, D-Jemez Pueblo. Each received $2,000 in contributions from installment loan companies.
Other top recipients include Sen. Craig Brandt, R-Rio Rancho ($1,500); Sen. Mark Moores, R-Albuquerque ($1,500); Rep. Jane Powdrell-Culbert, R-Corrales ($1,250); John Morton, an unsuccessful GOP Senate candidate from Albuquerque ($1,250); Sen.-elect Crystal Diamond , R-Elephant Butte ($1,000); Rep. Dayan Hochmam-Vigil, D-Albuquerque ($1,000); Rep. Antonio “Moe” Maestas, D-Albuquerque ($1,000); and Sen. William Sharer, R-Farmington ($1,000).
The storefront loan industry money was almost evenly split between candidates representing both major political parties, with Republicans receiving just over 51 percent." ... See MoreSee Less

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Press Release: Cannabis Industry Prepares for Legalization Push with Campaign Contributions | NMEW

nmethicswatch.org

Press Release: Cannabis Industry Prepares for Legalization Push with Campaign Contributions FOR IMMEDIATE RELEASE November 12, 2020 Contact: Kathleen Sabo, Executive Director, 505-274-2442 or ksabo@nm...
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Think New Mexico

5 days ago

Think New Mexico

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Think New Mexico

1 week ago

Think New Mexico

#staysafe #washhands #wearamask ... See MoreSee Less

#staysafe #washhands #wearamask
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Think New Mexico

2 weeks ago

Think New Mexico

During its meeting this Thursday, the Interstate Stream Commission will discuss leasing water from the Jicarilla Apache tribe to place in the state Strategic Water Reserve. The water is currently leased for the operation of San Juan Generating Station, according to information ISC Director Rolf Schmidt-Petersen provided to the San Juan Water Commission. A link to the virtual meeting the afternoon of Thursday, November 19 can be found on the agenda at ose.state.nm.us/ISC/isc_meetings.php. ... See MoreSee Less

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Meetings roundup: Farmington may pause Comprehensive Plan Update due to pandemic

www.daily-times.com

The ongoing ban on mass gatherings makes it hard to solicit public input, which may lead Farmington to pause its comprehensive plan update process.
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thinknewmexico
Instagram post 18128363572090271 Instagram post 18128363572090271
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#staysafe #washhands #wearamask #staysafe #washhands #wearamask
We are excited that former Think New Mexico Leader We are excited that former Think New Mexico Leadership Intern Rohan Angadi has been selected as a 2021 Rhodes Scholarship finalist! We wish him all the best in the final selection process!
Thank you to everyone who wrote a review of Think Thank you to everyone who wrote a review of Think New Mexico this year! We are delighted to be recognized as a top-rated nonprofit in 2020.
New reduced prices on clothing in our Threadless s New reduced prices on clothing in our Threadless store. Many color options. For a limited time only! https://www.threadless.com/shop/@thinknewmexico/design/think-new-mexico-t-shirt/mens/t-shirt/regular?color=cyan
Many thanks to all of you for the tremendous outpo Many thanks to all of you for the tremendous outpouring of financial support you provided in response to our call to help us match challenge grants that ultimately totaled $107,500. By the time the campaign wrapped up at midnight on Friday, your contributions surpassed the main $82,500 challenge, raising $83,560! We also came close to meeting the separate $25,000 challenge for new donors, new Monthly Amigos, and returning donors, who contributed a total of $10,232. With the 2:1 match, those donations leveraged $20,464 of that challenge grant. The $196,756 total raised so far in challenge and matching grants represents nearly a third of Think New Mexico's annual budget! We know that many of you stretched to help us meet this challenge, and we are especially appreciative of your generosity during this difficult year of global pandemic and economic crisis. Like most nonprofits, our fundraising is down in 2020 (last year's online campaign raised a record-breaking $238,385 in challenge and matching grants), but we are thrilled to have the support of 62 first-time supporters, nine new Monthly Amigos, and nine returning donors who hadn't contributed in at least five years. In total, 406 supporters contributed to this campaign - more than in any previous year. We are proud that more than half of our funding comes from individuals like you, giving us the independence to pursue public policy reforms that are in the best interests of everyday New Mexico families. Thank you again, and we look forward to updating you soon on our progress with Think New Mexico's policy reform agenda as the 2021 legislative session approaches!
Thanks to your incredible outpouring of support ov Thanks to your incredible outpouring of support over the past 11 days, Think New Mexico has gotten over 75% of the way toward matching our $82,500 challenge as of this morning - and we still have just under 12 hours left to raise the final $19,855! (The pool of challenge grants grew by another $5,000 Wednesday night - thanks, Joe!) New donors, new Monthly Amigos, and returning donors (who haven't given in at least the last five years) have also come through strong, matching nearly 60% of that separate $25,000 challenge grant. Since those dollars are matched 2:1, we just need another $5,181 from these categories of donors to leverage the full amount. The bottom line: we are within striking distance of earning the full $107,500 available in challenge grants - please help us close the final gap by donating online or mailing in a check by MIDNIGHT TONIGHT! (Any checks dated today will count toward the match, and pledges made by email before 11:59 p.m. tonight and paid by December 31, 2020 are also gratefully accepted.)
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We only have until this Friday at midnight to matc We only have until this Friday at midnight to match our ambitious challenge grants and we just passed the halfway mark: thanks to the 186 generous New Mexicans who have already pitched in with contributions ranging in size from a few dollars to a few thousand, we have raised $41,840 of our $70,000 goal. Thank you all! We are also deeply grateful to the 30 donors who have given to Think New Mexico for the very first time, the seven supporters who signed up to become Monthly Amigos, and the five "returning" donors (who hadn't given in the last five years - or longer). Their gifts, which are being matched 2:1, have already leveraged $12,015 of a separate $25,000 challenge grant. Another generous friend has offered another $7,500 challenge grant to leverage matching contributions over the next two days, increasing our main challenge to $77,500. If we can raise another $35,660 from our loyal supporters and $6,493 from new donors, new Monthly Amigos, and returning donors by Friday at midnight, we can receive the full amounts of all of these challenge grants. (Any dollars pledged by the deadline and paid by December 31, 2020 count, too!)
Since we let you know a week ago that we needed to Since we let you know a week ago that we needed to raise $60,000 to match seven generous challenge grants, friends like you have contributed a total of $19,898, bringing us nearly a third of the way to our ambitious goal. In fact, you have made so much progress toward our goal that another challenge grantor has offered an additional $10,000, so the challenge has now grown to $70,000! We are deeply grateful to the 101 New Mexicans from Cordova to Magdalena to Roswell (as well as several friends from out of state) who have helped us get this far. We also want to give a special shout-out to the seven supporters who signed up to become Monthly Amigos, the 14 donors who gave to Think New Mexico for the very first time, and one "returning" donor who made a donation for the first time in five years. All of those gifts are being matched 2:1 by a separate $25,000 challenge grant, meaning that the $3,702 contributed from these donors has already leveraged $7,405 from the challenge grant. Now comes the hard part: to fully meet all of these challenge grants we still need to raise $50,102 from our loyal past givers, and $8,798 from new donors, new monthly donors, and returning donors by this Friday, October 30 at 11:59 p.m. We have a long way to go and just five days to get there: please help us meet the challenge by mailing in a check or donating online!
We’re more than a third of the way towards our g We’re more than a third of the way towards our goal of matching $60,000 in challenge grants made by six extremely generous New Mexicans who believe strongly in Think New Mexico's work. Please join and help us meet this ambitious challenge!
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