Loans in Chaves County, NM: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Chaves County, NM.
The median household in Chaves County earns $52,938 a year, 17% below the New Mexico median of $64,059. About 24% of residents live below the federal poverty line, and 28.7% of households rent their home. 13.1% of households have no home internet; our form works on any phone.
What you need for a personal loan in Chaves County
Here's what to have on hand before you start your personal loan request in Chaves County:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Chaves County
What Chaves County borrowers use it for
deposits, trucks and first-week expenses
Need money nowthe fastest options online
Rent duecover a short gap before payday
Emergencieshandle the unexpected the same week
Loans for your situation
Which loans are available in Chaves County
Payday Loans Not available
Payday loans are banned in New Mexico.
Personal Loans
36% APR all-in cap on loans up to $10,000 (raised from 175%).
Title Loans Not available
Short-term title loans are banned.
Banks and credit unions in Chaves County
Banks with branches in Chaves County
18 FDIC-insured bank branches from 8 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Bank of the Southwest | 4 | 226 N Main St, Roswell 88201 |
| Valley Bank of Commerce | 3 | 217 W 2nd St, Roswell 88201 |
| Pioneer Bank | 3 | 3000 N Main St, Roswell 88201 |
| First American Bank | 2 | 111 E 5th St, Roswell 88201 |
| Wells Fargo Bank, National Association | 2 | 1401 S Main St, Roswell 88203 |
| The James Polk Stone Community Bank | 2 | 1901 N Main St, Roswell 88201 |
| WaFd Bank | 1 | 300 N Pennsylvania Ave, Roswell 88201 |
| First National Bank Texas | 1 | 4500 N Main St, Roswell 88201 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Chaves County
6 credit-union locations from 5 credit unions.
| Credit union | Location |
|---|---|
| Otero | 1900 S Main St, Roswell 88203 |
| Artesia | 1401 N Lea Ave, Roswell 88201 |
| Roswell Community | 2514 N Main St, Roswell 88201 |
| Chaves County School Employees | 1401 N Lea Ave, Roswell 88201 |
| The Florist | 313 W Country Club Rd Ste 11, Roswell 88201 |
Source: NCUA credit union branch data, June 30, 2026.
Cities in Chaves County
All New Mexico counties and cities
Frequently asked questions
Are payday loans legal in Chaves County?
Chaves County follows New Mexico law. Payday loans are banned in New Mexico.
Are title loans legal in Chaves County?
Short-term title loans are banned.
Where can I get a small loan in Chaves County?
Options include 18 bank and 6 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Chaves County?
Fill out our short online form from anywhere in Chaves County. We share it with lenders in our network that serve New Mexico; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get an emergency loan in Chaves County?
Yes. When an unexpected bill comes up, Chaves County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I get a loan in Chaves County with bad credit?
Yes, many lenders in our network work with Chaves County residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Can I apply for a loan online in Chaves County?
Yes. You don't need to visit a branch or storefront anywhere in Chaves County. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve New Mexico. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.
Can I get a loan in Chaves County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Chaves County residents can start any time, and it takes about 3 minutes.