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Afterpay back in New Mexico

Afterpay back in New Mexico
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Afterpay back in New Mexico

Afterpay back in New Mexico
abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.

New mexicoUnited statesLicensing departmentMexico bank installmentSmall loan companyNew mexico small loan actNew mexico bank installment actSmall loan company licenseNew mexico regulation

New Mexico Enacts 36% APR Cap on Loans of $10,000 or Less | Troutman Pepper

On January 1, 2023, House Bill 132 went into effect enacting a 36% annual percentage rate (APR) cap on loans up to $10,000 made under the New Mexico Bank Installment Loan Act of 1959.

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Afterpay s out What s next for buy now, pay later in NM?

Despite the growing popularity of "buy now, pay later" services, there are fewer options .

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Buy now, pay later company quits in New Mexico

Company cites regulatory changes a state law that takes effect in the new year as the reason

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