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UFOs, Aliens and New Mexico Installment Loans

After an unknown object crashed near Roswell, New Mexico, in the late 1940s, our state quickly became the center of media attention. What was it that crashed? While the United States Armed Forces maintains that it was only debris from an experimental surveillance camera, others are convinced that it was…wait for it…an alien UFO! The Roswell UFO incident, as it later came to be known, is oftentimes regarded as THE most publicized UFO incident in history. Although there has been no evidence to prove one theory over the other, one thing is for certain — paranormal activity continues to haunt New Mexicans every day in the form of emergency expenses.

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Fortunately, thanks to our very own CashNetUSA ghostbuster — an installment loan — New Mexicans have been able to cover expensive medical costs and unexpected car repairs and avoid late bill fees without breaking the bank. New Mexico installment loans, or personal loans, are medium-term loans that are repaid gradually in installments over a period of four to five months. And unlike payday loans, which CashNetUSA does not offer in New Mexico, installment loans typically offer a higher loan amount.

Use Promo Code: INSTL30

Get a 30% rebate on your first two installment loan payments with code INSTL30 +++

With several different repayment options to choose from, New Mexico personal loans are also some of the most flexible funding options around:

  1. Installment payments: Pay back your loan principal, plus accrued interest, in a number of scheduled payments made over several months!
  2. Full payment: Pay back your loan in full at any time without any prepayment charges!
  3. Early/partial payment: Make an early or partial principal payment on your installment loan at any time with no prepayment charges!

Do You Offer Installment Loans in New Mexico to the Unemployed?

If you are currently unemployed in the “Land of Enchantment,” you are NOT eligible to receive a personal loan. In order to prequalify, you must meet the following requirements: have an active checking account, have been employed for at least one month, be a U.S. citizen or permanent resident and be at least 18 years old. Want our advice? Focus on finding a job first while considering these financial facts:

  • 18.2% of New Mexicans were below poverty level in 2009.
  • The median household income in New Mexico was $42,830 in 2009.
  • From 2005 – 2009, it took a New Mexican 16+ an average of 21.5 minutes to get to work.

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Payday Loans in New Mexico with CashNetUSA Get to Know Our State Better

Believe it or not, there’s more to our state than just aliens, UFOs and government conspiracies! Check out these fun facts if you don’t believe us:

Fun facts about New Mexico
  • The world’s first atomic bomb was detonated on July 16, 1945 on the White Sands Testing Range near Alamogordo, New Mexico.
  • For one day, Las Vegas was New Mexico’s first territorial capital.
  • Contrary to popular belief, it is actually illegal to dance around a sombrero.

*CashNetUSA and third-party lender funds are generally deposited via ACH for delivery next business day if approved by 9pm CT Mon. – Thu. or by 7pm CT Sun.

**Not all loan applications or extension requests are approved. Due to state and verification requirements, not all applicants for online loans may be eligible for instant approval by CashNetUSA or third-party lenders.

***Some customers applying for payday loans or installment loans may be required to submit additional documentation due to state law and qualification criteria.

†CashNetUSA or third-party lender does not perform traditional credit checks as part of its credit transaction approval process, but does verify applicant information via national databases including, but not limited to, Clarity. If you have defaulted on past transactions, you may be declined for a cash advance from CashNetUSA.

‡Maximum funded amount for payday loans or installment loans depends on qualification criteria and state law. See Rates and Terms for details.

++Please see Rates and Terms to check the availability of online loans and extensions in your state. CashNetUSA is not a lender in all states. In some states, CashNetUSA will (i) act as a Credit Service Organization to arrange a loan between you and a third-party lender, or (ii) in Texas, act as a Credit Access Business between you and a third-party lender.

+++If you are a Payday, CSO, or CAB customer, discount will be applied to the initial loan fee, CSO fee, or CAB fee, respectively. If you are an Installment or Installment-Payday customer, the rebate shall be calculated by multiplying the percent discount by the first two scheduled installment payments of your loan. However, the rebate shall not exceed the actual amount of accrued interest paid on the Installment loan or fees paid on the Installment-Payday loan. Rebate shall be paid via bank account ACH credit upon full repayment of the loan, and is contingent upon a minimum of two installment payments made. Discount not valid for the CashNetUSA line of credit product. Promotions are not available in all states. Please see your state's Rates and Terms for additional details. Unless otherwise specified, promo codes must be entered at the time of application, can be used only once, and may not be combined with any other offers or Preferred Member benefits.

1Must be 21 years of age for Mississippi residence and 19 years of age for Alabama and Delaware residence.

Customer Notice: Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.

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