{"data":{"id":"us-nm/58-15-10.2","jurisdiction":"us-nm","citation":"58-15-10.2","heading":"Reporting of credit required.","body":"A. For each installment loan issued pursuant to Paragraph (1) of Subsection F of Section 58-15-2 NMSA 1978 and refund anticipation loan made pursuant to the New Mexico Small Loan Act of 1955, a lender shall report to a consumer reporting agency the terms of the loan and the borrower's performance pursuant to those terms.\nB. For each installment loan issued pursuant to Paragraph (2) of Subsection F of Section 58-15-2 NMSA 1978, a lender may report to a consumer reporting agency the terms of the loan and the borrower's performance pursuant to those terms.\nC. Any lender making a report to a consumer reporting agency pursuant to this section shall report both positive and negative performance by the borrower.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 15 Small Loan Business"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"d924e41367934e3bad35d48098f1ec4aae9c453530e9e584922476375a6e10e8","source_id":"us-nm","stale":false,"prev":"us-nm/58-15-10.1","next":"us-nm/58-15-11"},"notice":"GroundRules: Original legal text. Not legal advice."}
