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  • Minimum loan amount: $200
  • Maximum loan amount: $5,000 per transaction
  • Minimum loan term: 120 Days
  • Maximum loan term: 36 months
  • Lien Fee: $21.08 for the state of New Mexico (amounts vary per county for other states)

For more information or questions or concerns visit the Financial Institution Division HERE

*The example calculation is based on a guaranteed loan for a term of 120 days.

MAXIMUM ANNUAL PERCENTAGE RATE*
The cost of your credit as a yearly rate.

175.00%

FINANCE CHARGES*
The dollar amount the credit will cost you.

$109.36

AMOUNT FINANCED*
The amount you were given directly.

$300.00

TOTAL PAYOFF*
The amount you will pay once all programmed payments have been completed.

$409.36

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