Payday loans in New Mexico 2018: calculator, legal info, detailed review in each city

Page last reviewed: 27 July 2018

Contents:

  • Loan calculator – compare 13 companies in New Mexico;
  • Legal information – consumer rights and obligations of lenders;
  • Payday loan help – what to do if you are in trouble;
  • Cities – detailed review of payday lenders in biggest cities in New Mexico;

Payday loans calculator

 

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Legal information

Important features of New Mexico payday lending laws:

  • The APR is capped at 175%.
  • All loans must have initial maturity of 120 days.
  • Repayment plan cannot be smaller than four payments of loan principal and interest.

 

Summary of consumer rights could be found here.

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Payday loan help

If you need help visit the National Foundation for Credit Counseling (NFCC) or call Toll-Free 1-800-388-2227 for assistance with credit problems and creditors.

 

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Cities

For detailed review of payday lenders in each city, please click the link:

Alamogordo

Albuquerque

Aztec

Bernalillo

Clovis

Deming

El Prado

Farmington

Gallup

Las Cruces

Peralta

Rio Rancho

Roswell

Santa Fe

 

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Payday loans review in New Mexico
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