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Payday Loans in Truth or Consequences, New Mexico

PaydayABC.com / New Mexico

If you need a Payday Loan in Truth or Consequences, New Mexico you’ve come to the right place. We strive to provide our visitors with the best choices for getting a loan. Apply Online directly through our website and get a cash advance today. Our website and application process is quick and easy, so you can get the money you need, when you need it. We know how difficult it can be to apply for a loan in person, so we make it easy for you to do it online right from your home. No matter why you need a loan, there is no shame in getting a short term advance to cover life’s unexpected expenses. Our Truth or Consequences page will help get you the money you need. Trusted lenders are standing by, Apply Now!


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Today life is very uncertain. You may need money urgently for any of your needs like medical urgencies, electricity bill, examination fee, home installment or repairing of car etc.
 
Max Loan Amount in New Mexico:

No licensee shall make a payday loan to a consumer if the total principal amount of the loan and fees, when combined with the principal amount and fees of all of the consumer's other outstanding payday loan products, exceeds 25 percent of the consumer's gross monthly income.

Maximum Loan Terms:

No payday loan shall have a stated maturity greater than 35 days; no payday loan shall have a stated minimum term less than 14 days unless agreed to in writing by the consumer

 
In situations like these, asking your family or friends for a quick loan may seem like the only feasible option. But that might also not be positive all the time.
 

Truth or Consequences Payday Lending

Security Finance
(575) 894-5000
149 S Date St
Truth Or Consequences, NM 87901
Sun Loan Company
(575) 303-2108
107 N Broadway St
Truth Or Consequences, NM 87901

New Mexico Payday Loan Terms
Maximum Loan Amount: $2500
Loan Term: 14 to 35 days, can be shorter by written agreement
Maximum Finance Rate and Fees: $15.50 per $100; $.50 verification fee per $100
Finance Charge for 14-day $100 loan: $16
APR for 14-day $100 loan: 416%

Have questions or comments about the regulations of payday loans in New Mexico?
Regulator: New Mexico Financial Institutions Division
Address: 2550 Cerrillos Road, 3rd Floor P. O. Box 25101 Santa Fe NM 87505
Phone: (505)476-4885
Fax: (505) 476-4670
Regulator Website

New Mexico regulations courtesy of the NCSL and CFA