Years of Experience
Happy Customers
Loans Up To
Years of Experience
Happy Customers
Loans Up To
You are not just a number at Rio Finance Company. Our loans are not just based on your credit score, we also take into consideration job history, and value of collateral if required. The minimum income we require is $1,100 per month.
We try to find a way to approve loans and not turn them down. If you have a year at the job, 2 years living in New Mexico, and some credit established we want to help you.
You can be approved for your loan in as little as 15 minutes. At this point it's in all in your hands to provide the necessary documents to finalize the loan.
With same day loan funding, you can quickly be on your way. With you check in your hand, you have the option to conveniently cash it at our bank, or your personal bank.
Michael and Carla Laycock have lived in Las Cruces most of their lives. Michael's dad was in the Army and they were stationed at WSMR when he was 13 years old. His parents retired in Las Cruces. After working for over 15 years with a couple of locally owned Loan Companies, Michael opened Rio Finance Company in September 2011. Carla also worked in Finance for over 20 years in Las Cruces and recently decided to join Michael at Rio Finance. Carla grew up at Stahmann Farms and they have been married for over 25 years. We both take great pride and helping our customers and educating them on how they can improve their credit.
Michael and Carla Laycock have lived in Las Cruces most of their lives. Michael's dad was in the Army and they were stationed at WSMR when he was 13 years old. His parents retired in Las Cruces. After working for over 15 years with a couple of locally owned Loan Companies, Michael opened Rio Finance Company in September 2011. Carla also worked in Finance for over 20 years in Las Cruces and recently decided to join Michael at Rio Finance. Carla grew up at Stahmann Farms and they have been married for over 25 years. We both take great pride and helping our customers and educating them on how they can improve their credit.
Feel free to speak to the actual owners. Mike and Carla are available to speak with you and are happy to do so.
If you are not able to make it in during regular business hours, then we will do our best to accommodate your schedule.
Our staff is fluent in Spanish, English, and ASL.
We offer a variety of pricing options, so you can find the perfect plan for your budget.
Feel free to speak to the actual owners. Mike and Carla are available to speak with you and are happy to do so.
If you are not able to make it in during regular business hours, then we will do our best to accommodate your schedule.
Our staff is fluent in Spanish, English, and ASL.
We offer a variety of pricing options, so you can find the perfect plan for your budget.
Feel free to speak to the actual owners. Mike and Carla are available to speak with you and are happy to do so.
If you are not able to make it in during regular business hours, then we will do our best to accommodate your schedule.
Our staff is fluent in Spanish, English, and ASL.
We offer a variety of pricing options, so you can find the perfect plan for your budget.
Got a question? We’re here to help.
We do look at your credit score, however we also take into consideration, time at the job, time in the area, and how you’ve paid your most recent bills.
Yes. As long as the Bankruptcy has been discharged we can consider you for any one of our loans. We also report to the credit bureau which will help you to re-establish your credit.
No, all of our loans are Installment loans with much lower interest rates. We can payoff your Payday or Title Loans to help lower your monthly payments. We can use a title as collateral on our loans.
Our loans are Installment loans with monthly payments that can run from 12 months up to 60 months. We offer Personal Loans up to $2,000 and secured loans up to $15,000. We can give you a loan for just about anything up to $15,000.
No. We help customers who are on a fixed income like Social Security, Disability, and Retirement as long as your income is at least $1,100 a month.
Unsecured loans require driver's license, utility bill showing your physical address, and your last 2 check stubs. For secured loans we also need the title, proof of insurance, and need to see the collateral.
TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL MICHAEL LAYCOCK-MANAGER, 2285 E. LOHMAN AVE, LAS CRUCES NM 88001. (575) 526-5626 OR riofinancenm@gmail.com
New Mexico Only: This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504.
To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website: https://www.rld.nm.gov/financial-institutions/.