Navajo Council Naabik’iyati’ supports capping NM small loans at 36% interest rate

PRESS RELEASE – St. Michaels, Ariz. (9.25.20) – The Navajo Nation Human Rights Commission is pleased that the Navajo Nation Council Naabik’iyati’ Committee passed Resolution NABIS-38-20 on supporting efforts to reduce the small loans annual percentage rate (“APR”) in New Mexico from its current rate of 175% to 36%. The resolution also requests the NM […]