Loans in Colfax County, NM: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Colfax County, NM.
The median household in Colfax County earns $53,554 a year, 16% below the New Mexico median of $64,059. About 18% of residents live below the federal poverty line, and 28.2% of households rent their home. 13.6% of households have no home internet; our form works on any phone.
What you need for a personal loan in Colfax County
Lenders that serve Colfax County typically ask for the following:
- 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 Colfax County
What Colfax County borrowers use it for
cover a short gap before payday
Emergencieshandle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Car repairskeep getting to work while the shop fixes it
Loans for your situation
Which loans are available in Colfax 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 Colfax County
Banks with branches in Colfax County
8 FDIC-insured bank branches from 4 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| InBank | 4 | 1233 S 2nd St, Raton 87740 |
| UMB Bank, National Association | 2 | 1104 S 2nd St, Raton 87740 |
| Wells Fargo Bank, National Association | 1 | 1103 S 2nd St, Raton 87740 |
| The First National Bank in Trinidad | 1 | 1246 S 2nd St, Raton 87740 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
No credit-union branch is listed inside Colfax County. The nearest counties with credit unions:
Credit unions in Mora County
4 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Guadalupe | #508 Nm 518, Mora 87732 |
| Rincones Presbyterian | 455 State Highway 518, Mora 87732 |
Source: NCUA credit union branch data, June 30, 2026.
Credit unions in Taos County
5 credit-union locations from 3 credit unions.
| Credit union | Location |
|---|---|
| Nusenda | 640 Paseo Del Pueblo Sur, Taos 87571 |
| Guadalupe | 1520 Paseo Del Pueblo Norte, El Prado 87529 |
| Questa | 2433 Nm-522, Questa 87556 |
Source: NCUA credit union branch data, June 30, 2026.
All New Mexico counties and cities
Frequently asked questions
Are payday loans legal in Colfax County?
Colfax County follows New Mexico law. Payday loans are banned in New Mexico.
Are title loans legal in Colfax County?
Short-term title loans are banned.
Where can I get a small loan in Colfax County?
Options include 8 bank 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 Colfax County?
Fill out our short online form from anywhere in Colfax 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 Colfax County?
Yes. When an unexpected bill comes up, Colfax 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 Colfax County with bad credit?
Yes, many lenders in our network work with Colfax 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.
Where can I get a loan in Colfax County, NM?
You can apply at banks, credit unions and lenders in Colfax County, or apply online from anywhere in the county. Online requests are often the quickest way to reach several lenders at once. Our free form sends a single request to lenders in our network that serve New Mexico residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.
Can I apply for a loan online in Colfax County?
Yes. You don't need to visit a branch or storefront anywhere in Colfax 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.