08 May New Mexico: Software Solutions for Small Loan Act of 1955 Lenders
Succeeding in the New Mexico small loan industry requires finding the right software for the job. Financial Software Systems has been helping New Mexico lenders grow their loan offices for decades.
New Mexico regulates all aspects of loans made under the New Mexico Small Loan Act of 1995, from calculating loan charges and fees, to late charges, legal fees, and insurance products. Loan disclosures, borrower notifications, and credit reporting are also regulated. Our Loan Professional software is designed to take guesswork out of booking and servicing loans in New Mexico.