Rates & Notices – New Mexico
Schedule of Charges
These rates are as of January 1st, 2018
The chart below represents illustrative examples of the cost of a loan to the borrower. If you have any questions, or would like more information, please ask. Make certain the questions that you ask are answered. Make certain you understand the terms and costs of your loan.
|ANNUAL PERCENTAGE RATE (APR)The cost of your credit as a yearly rate. Assumes a 365 day repayment period.|
*not including lien fee
|FINANCE CHARGEThe dollar amount the credit will cost you||Amount FinancedThe amount of credit provided to you or on your behalf.||Total of PaymentsThe amount you will have paid after you have made all payments as scheduled.||Number of Payment(s) used in the APR Calculation.|
|Installment Loan Example:||.||.||.||.|
|FEESA list of all additional fees that you may be charged|
|Delinquency Fee (Late Fee)||5% of each installment payment with a maximum of $10.00.|
To Report a Problem or Complaint, You May Write or Call:
P.O. BOX 94808
PHOENIX, AZ 85070
This business is regulated by the Regulation and Licensing Department, Financial Institutions Division, PO Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87505, telephone number (505) 476-4885
The loan information shown here is an example and may not reflect the rates available on all loans. Your loan rate may differ from these examples and it’s important to speak with a Don Dinero representative to understand what your cost of credit will be. Before entering into any transaction, you should read the disclosure statements and contract that are provided to you by Don Dinero Financial.
Fees – There may be fees associated with your loan. Each loan type is different and has different terms and associated costs. Fees could include documentation, collateral lien fee, late fees, phone payment convenience fee, as well as others that will be disclosed in your particular contract. It is important to understand all of the costs associated with your loan. Your Don Dinero Financial representative wants to make sure you FULLY UNDERSTAND your loan contract and will answer any questions you may have.