In the mean time, SMILE.

In the mean time, SMILE.

Shark Hunters! Well, you know what we did in the legislative session! All storefront products swept under the same reporting requirements and the 175% all in rate! Progress, NOT Victory, but this expected to save New Mexicans $500M over the next two years. BUT THAT IS NOT ALL! Many of you know that we have been working to implement an employer based product that is 24.9% called TrueConnect. ...

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Wrong CHOICE Act scheduled for a vote tomorrow!

Wrong CHOICE Act scheduled for a vote tomorrow!

Members of the House of Representatives will vote tomorrow on a dangerous piece of legislation that has the potential to cause immense harm to working families and retirees, all in the name of lining the pockets of big banks and Wall Street billionaires. The so-called Financial CHOICE Act (HR 10) would radically roll back the rules put in place after the 2008 financial crisis to keep big banks...

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ACTION NEEDED! “State Employee Loan Repayment” Bill

ACTION NEEDED!  “State Employee Loan Repayment” Bill

URGENT – CALL TO ACTION!! We need alternatives to HIGH INTEREST LOANS in New Mexico! SUPPORT SB 166! Senate Bill 166 (Requiring the State to provide LOW-COST LOANS TO STATE EMPLOYEES) will be heard in the Senate Corporations & Transportation Committee on Friday, 2/17 at 2 pm in Room 311.     Please call or email your Senators and Representatives and let them know that...

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Protected: 2017 PW Legislative Priorities:

Protected: 2017 PW Legislative Priorities:

2017 PW Legislative Priorities: Representative Javier Martinez is sponsoring a HB 100 – requiring the Lending Industry to Report Positive Credit. This is scheduled for Feb. 9th at 1:30pm in room 309. Representative Joanne Ferrary is sponsoring a HB 239 – Requiring the State of NM to provide alternative short term lending products. Senator Jerry Ortiz y Pino is sponsoring SB...

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GivingTuesdayNM is NEXT WEEK!

GivingTuesdayNM is NEXT WEEK!

Can You Support Prosperity Works on Giving Tuesday – November 28th & 29th?   We are excited to be part of the #GivingTuesdayNM coalition this year and invite you to join the movement. You can help by letting your friends, family, and colleagues that #GivingTuesdayNM is coming on November 28th & 29th. Prosperity Works believes that Personal, Social, and Financial assets give New...

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The Story of Asset Building in New Mexico  

The Story of Asset Building in New Mexico  

The greatest promise of our nation is our people:  everyday Americans work hard and aspire to achieve the modest dream of making a living, providing for their families, and making a contribution to their community.  However, in this economic climate, our dreams are in danger as too many hard-working Americans are struggling to make ends meet. Some of us have savings, lines of credit,...

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Sarah Silverman has it right!

Sarah Silverman has it right!

Hello there~   Recently Sarah Silverman asked her 8.26 million followers to invent an app that rounds up your change and sends it to causes – take a look: Sarah Silverman has it right!   And then… she discovered the new tool that Prosperity Works is using to collect spare change called MyChange:   Prosperity Works is partnering with MyChange because Sarah is right – if we all...

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Predatory Lending in NM – Bad for our State!

Predatory Lending in NM – Bad for our State!

Predatory Lending in NM – Bad for our State! Posted on Feb 4, 2016 in Featured, News, Take Action New Mexico cannot afford predatory loans. It is absolutely necessary for the Legislature to put a cap on the interest rates of these lenders.       PLEASE  take a look at the VIDEO produced by filmmaker Daniel Sonis in conjunction with the New Mexico Fair Lending...

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UPDATE: THANK YOU ~ WITH YOUR HELP, SM 27 PASSED THE FLOOR!!

UPDATE: THANK YOU ~ WITH YOUR HELP, SM 27 PASSED THE FLOOR!!

We have just learned that Senate Memorial 27, a proposition to study Low Interest Loans for State Employees, has passed the floor! This could not have been possible without the help of our sponsor, Sen. Ortiz y Pino,  the NM Senators that helped this action pass, and the community support that all of you so graciously provided with your emails and calls for support. This is a monumental step in...

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SM 27 Heads to the Floor!

SM 27 Heads to the Floor!

Senate Memorial 27 asks the state personnel office to study adding affordable loans to their employee benefits plan.  It has passed both Rules and Public Affairs, and now, it heads to the Floor! About 4,500 state workers with low credit scores use storefront and internet loans averaging 300% interest.  Turnkey services are available through employee benefit plans that can save an average of...

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