IF YOU WORK FOR BERNALILLO COUNTY … YOU’LL SOON BE ABLE TO GET A LOAN OF UP TO 3-THOUSAND DOLLARS. AND THAT’S EVEN IF YOUR CREDIT HISTORY IS NOT GREAT. THE COUNTY WILL GO THROUGH THE PAYROLL TO KEEP FROM CHARGING HIGH INTEREST RATES AND TO GIVE MORE SECURITY TO THE LENDER.
COUNTY COMMISSIONERS SAY THEY’RE OFFERING THE LOANS TO COUNTY WORKERS SO THEY DON’T HAVE TO BORROW FROM PAY DAY LOAN PLACES AND OTHER PREDATORY LENDERS. WORD IS THE LOANS WILL BE DONE AT NO COST TO BERNALILLO COUNTY.
