22 Jul New Mexico: E_lending Solutions for Small Loan Act of 1955 Lenders
Posted at 16:45h in New Mexico Loan Types
Succeeding in the New Mexico small loan industry in times of Social Distancing requires finding the right software for the job. We have been helping New Mexico lenders make money for decades, in good times and bad.
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.