FastBucks New Mexico Restitution Settlement, Check If You Qualify, State of New Mexico v. FastBucks Holding Corp., et al., No. D-101-CV-2011-06042 

There’s $964,000 waiting for New Mexico borrowers — if you took out a FastBucks loan between 2007 and 2016 and the state’s own records show you were overcharged. FastBucks was originally ordered to pay $32 million, but the company gamed a bankruptcy and disappeared before paying a cent. This smaller pot is what New Mexico actually managed to claw back. You have until November 24, 2026 to file.

FastBucks New Mexico Restitution Settlement — Key Facts

Field	Detail
Restitution Amount Available	$964,000 (traces back to a $664,000 personal settlement with former CEO Charles Horton, plus other amounts recovered, after the original $32,255,054 judgment went largely uncollected)
Claim Deadline	November 24, 2026
Who Qualifies	New Mexico residents who took out one or more FastBucks loans between 2007 and 2016, and whose loan data FastBucks provided to the state identifies them as adversely affected
Estimated Payout	Pro rata share of the remaining fund after costs; individual amounts vary based on loan-level harm data — no flat per-person figure
Proof Required	No, if you received a notice with a claim ID number. Yes — supporting information — if you believe you qualify but got no notice
Settlement Status	Restitution fund collected; distribution claims process open
Court & Case Number	First Judicial District Court, Santa Fe County, New Mexico; underlying case State of New Mexico v. FastBucks Holding Corp., et al. — Case No. D-101-CV-2011-06042 (best available reference; not independently confirmed from the court’s own docket)
Law Alleged	New Mexico Unfair Practices Act, NMSA 1978 §§ 57-12-1 to -26
Administrator	FastBucks NM Restitution Administrator, P.O. Box 709, Baton Rouge, LA 70821
Official Claim Site	fastbucksnmrestitution.pnclassaction.com
Last Updated	September 10, 2026

Who Is FastBucks and Why Are They Being Sued Over Loans From 2007–2016?

FastBucks was a Texas-based short-term lender that ran storefronts across New Mexico, charging installment-loan interest rates between 520% and 650% APR. New Mexico’s 2007 reforms were meant to rein in payday lending, and the state’s Attorney General alleged FastBucks restructured its loans specifically to dodge those new rules while still functioning like a payday lender. Court records describe borrowers paying back more than five times what they originally borrowed.

What Did FastBucks Do to New Mexico Borrowers Between 2007 and 2016?

New Mexico’s Attorney General sued FastBucks in 2009, arguing the company’s loan structure was designed to sidestep the 2007 payday-lending reforms. A district court judge ruled against FastBucks in 2012, and in November 2016, the court ordered FastBucks to pay $32,255,054 in restitution — one of the largest consumer judgments in New Mexico history.

Here’s the part most people don’t know. FastBucks never paid. Instead, the company appealed, filed for bankruptcy, and told the Attorney General’s office in writing that “there are no assets of the organization to satisfy any portion of the judgment.” Meanwhile, the same business kept operating under a new name — Infinity Loans — approved by the state. The $32 million essentially vanished.

New Mexico filed a second lawsuit in 2021, this time against former FastBucks CEO Charles Horton personally. That case ended with Horton agreeing to pay $664,000, while the state pursued another $5 million from properties he owned. Combined with other recovered amounts, the state now has $964,000 ready to distribute — a fraction of the original judgment, but real money that borrowers can actually collect.

Who Qualifies for the FastBucks New Mexico Restitution Settlement?

Here’s exactly how to know if this case includes you.

You may qualify if you:

• Took out one or more loans from FastBucks in New Mexico between 2007 and 2016
• Appear in the loan data FastBucks turned over to the state as someone adversely affected by its practices
• Received a notice letter from the settlement administrator with a claim ID number

You likely do not qualify if you:

• Took out a FastBucks loan outside New Mexico
• Borrowed from FastBucks before 2007 or after 2016
• Aren’t identified in FastBucks’s own loan-level data as having been harmed — simply having borrowed from the company isn’t automatically enough

Moved Out of New Mexico Since Then? Are You Still Covered?

Yes. Eligibility is based on where and when you took out the loan — New Mexico, between 2007 and 2016 — not where you live today. If you’ve since moved to another state, you can still file a claim.

Not sure if you qualify for the FastBucks New Mexico restitution settlement? A free consultation with a consumer fraud attorney can help before the November 24, 2026 deadline.

How Much Can FastBucks New Mexico Restitution Settlement Claimants Get?

There’s no flat number here, and that’s worth understanding before you file. Each eligible claimant gets a pro rata share of the $964,000 fund, after administrative and collection costs are deducted. The distribution calculation can also weigh how much each individual borrower actually overpaid or was harmed, based on FastBucks’s own loan-level data — so two people who both borrowed from FastBucks could receive very different amounts.

If you got a notice with a claim ID number, you don’t need to submit extra documentation — that number already ties you to the state’s data showing you were affected. If you didn’t get a notice but believe you qualify, you’ll need to provide identifying information to establish your eligibility. Payments are expected to begin around April 2027, once claims are processed and finalized. That’s a long wait after a decade-plus of litigation, but it beats the $32 million that never showed up at all.

How to File Your FastBucks New Mexico Restitution Claim — Step by Step

1. Go to the official claim site at fastbucksnmrestitution.pnclassaction.com/form/claim
2. Enter your name, address, and — if you received one — your claim ID number from the notice
3. If you didn’t get a notice, provide the identifying information the form requests to establish eligibility
4. If filing for a deceased borrower or as an authorized representative, upload the required estate or power-of-attorney documents
5. Submit and save your confirmation
6. Watch your mail and email — the administrator will contact you if anything else is needed before payments begin around April 2027

Takes about five minutes if you have your claim ID. That money sits in the fund until you claim it. If you don’t file — it stays unclaimed.

FastBucks New Mexico Restitution Settlement — Key Dates

Milestone	Date
Original AG lawsuit filed	2009
Initial district court ruling against FastBucks	2012
$32,255,054 restitution judgment entered	November 2016
Second lawsuit filed against former CEO Charles Horton	2021
Claim Filing Deadline	November 24, 2026
Expected Payment Date	Around April 2027

FastBucks New Mexico Restitution — Frequently Asked Questions

Do I need a lawyer to file a FastBucks New Mexico restitution claim? 

No. Most eligible borrowers can file directly at fastbucksnmrestitution.pnclassaction.com. A free consultation with a consumer fraud attorney can help if your situation is unusual, such as filing for a deceased relative.

Is the FastBucks New Mexico restitution settlement legitimate?

 Yes. It’s run by the New Mexico Department of Justice following a court judgment and subsequent enforcement litigation, with claims processed by a court-appointed administrator.

When will FastBucks restitution payments be sent?

 Payments are expected to begin around April 2027, after the claims period closes and the administrator processes all submissions.

What if I missed the FastBucks claim deadline? 

Claims filed after November 24, 2026 are typically not accepted. File before that date if you believe you qualify.

Why is this settlement only $964,000 when the original judgment was $32 million?

 FastBucks avoided paying the $32 million judgment by filing for bankruptcy and claiming it had no assets left, all while continuing to operate under the name Infinity Loans. The $964,000 comes from a separate, later recovery effort against the company’s former CEO personally, not the original judgment.

Do I qualify if I borrowed from FastBucks but never got a notice letter?

 You might. You can still submit a claim without a notice, but you’ll need to provide information showing you took out a qualifying loan in New Mexico between 2007 and 2016.

How much will I actually receive from the FastBucks settlement?

 There’s no set amount. Payments are calculated pro rata based on the size of the fund and, in some cases, how much you were individually overcharged according to FastBucks’s own records.

Sources Used in This FastBucks New Mexico Restitution Article

• New Mexico Department of Justice — “AG Balderas Announces $32 Million Judgment against FastBucks to Benefit New Mexico Consumers”: https://nmdoj.gov/press-release/ag-balderas-announces-32-million-judgment-against-fastbucks-to-benefit-new-mexico-consumers/
• New Mexico Court of Appeals — FastBucks of Roswell opinion (case background, statutory citations): https://coa.nmcourts.gov/wp-content/uploads/sites/43/2024/01/Fastbucks-of-Roswell-FO.pdf
• Official Settlement Website — FastBucks NM Restitution: https://fastbucksnmrestitution.pnclassaction.com/

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. Facts cross-checked against New Mexico Department of Justice materials and public court records on September 10, 2026, with the official settlement site consulted via secondary reporting due to a robots.txt block on direct access. Last Updated: September 10, 2026.

This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.