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Class action settlement

FastBucks Loans Class Action Settlement

No proof needed

You may be able to claim a piece of this settlement if you obtained one or more loans through FastBucks between 2007 and 2016.

Who qualifies and how to claim

Restitution Program Information

In 2016, the First Judicial District Court for Santa Fe County, New Mexico entered a Final Judgment in the FastBucks case. The Court concluded that the FastBucks defendants should pay restitution to consumer borrowers who were identified in the consumer loan data the FastBucks defendants provided to the State and were adversely affected by the business practices at issue. The State later recovered funds through related proceedings and negotiated agreements, and those recovered funds are being used for this restitution program, subject to final program rules, approved costs, banking or tax requirements, stale-payment handling, and other administrative adjustments.

Based on information provided by the New Mexico Department of Justice, approximately $964,000 in gross recovered funds is associated with this matter. No specific payment amount is promised. The net amount available for payments will be determined under the final program rules after approved administrative expenses and any required adjustments.

The New Mexico Department of Justice and EisnerAmper (the “Restitution Administrator”) are using available loan data, mailing records, email records, address research, and related information to identify people who may be eligible to request payment. If you believe you may be eligible, you may submit a claim by November 24, 2026 . To learn more, review the frequently asked questions HERE .

Who May Be Eligible?

If you obtained one or more loans through FastBucks Holding Corporation between 2007 and 2016, you may be eligible for a restitution payment.

You may be eligible to receive a payment if program records show that you were a consumer borrower identified in the consumer loan data of the FastBucks defendants provided to the State and were adversely affected by the FastBucks business practices at issue.

If you received a Notice with a Claim ID Number, you should provide that Claim ID Number when filing a claim online or by mail. If you did not receive a Claim ID Number but believe you may be eligible, you may submit a Claim Form with additional loan information to verify that you were a borrower who was adversely affected by the FastBucks business practices at issue.

What It Means

You will not receive a restitution payment if you do not file a claim by the claim deadline. Doing nothing does not by itself cause you to accept payment or release any legal rights.

Before accepting, depositing, cashing, or otherwise receiving any payment, read the legal-effect warning. The Administrator and New Mexico Department of Justice cannot give legal advice. See Question 11 in the FAQs to review the legal effect.

Please keep your contact and payment information current so notices and payments can reach you. If you need to correct your name, address, email, phone number, payment method, or representative information, update your information HERE .

Documents & history

What has happened

  1. Claim deadline Deadline · upcoming

Documents

Court filings come from the court's public docket through the free RECAP archive; official documents from the settlement administrator's own site. Other dates come from the official settlement site and the summary above. Nothing here is legal advice.

Where this information comes from