Has anyone taken out a payday loan with a New Mexico lender, such as PayDayOK, or Rio Resources since February 15th?
The AG there passed laws that went into effect on February 15, which would not allow these companies to operate as they have previously.
I am wondering if these companies have closed up shop and moved to another state, or if they are adhering to the law.
If anyone has, what state are the proclaiming to be governing law on your contract? What is the apr?