New Mexico State AutoTitle Loan Regulation

States that permit car-title lending as of December 2012

State:

Status:

Citation:

Max Loan:

Cost Limits:

NSF/Fees:

Term Limits:

Cost $500:

Sale/LeaseBack?:

Repo Terms:

Right to Cure:

Surplus/Deficiency:

Prohibited Practices:

Title Required:

New Mexico

Permit

"New Mexico Small Loan Act" N.M. Stat. Ann. §§ 58-15-1 to -30 

$2,500 

No Cap 





No Cap 











Yes