$964K FastBucks New Mexico Restitution Program
The New Mexico Department of Justice opened a restitution program using funds recovered after a final judgment against FastBucks defendants over lending practices affecting consumer borrowers. Eligibility and payment amounts depend on program records and final distribution rules.
Benefit Summary
Approximately $964,000 in gross recovered funds is associated with the program. Approved claimants will receive restitution calculated from loan-level data, net overpayment calculations, valid-claim volume, available net funds, and final program rules; the notice promises no specific payment amount.
Maximum Award
Payment varies under the final restitution distribution methodology
Who Is Included
Consumer borrowers identified in FastBucks defendants' loan data provided to New Mexico who were adversely affected by the practices at issue. People without a Claim ID may apply with additional loan information for verification.
- Proof required: Usually no supporting documents are required for people with an assigned Claim ID. People filing without one must provide additional loan information, and the administrator may request identity, address, authority, or eligibility records.
How to File a Claim
- Claim method: Online or Mail
- Claim deadline: 2026-11-24
- Instructions: Submit one claim online or by mail by November 24, 2026, using the Claim ID if provided. People without an assigned Claim ID should provide the additional loan information requested on the form. Mailed claims must be postmarked by the deadline.
Case Details
- Case name: State of New Mexico v. FastBucks Holding Corporation, et al.
- Case number: D-101-CV-2009-01917
- Court: First Judicial District Court, Santa Fe County, New Mexico
- Official Settlement Website: https://www.fastbucksnmrestitution.com/
Sources
Claim form, FAQ, deadlines, administrator information
Court-approved notice describing eligibility and benefits