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FastBucks settlement funds available for some New Mexico residents
Summary by The El Paso Editorial Desk Gabrielle Lopez , as published by KVIA ABC-7
· August 28, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
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Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page Gabrielle Lopez, as published by KVIA ABC-7 Original story Read at the source Source published Aug 28, 2026 Indexed here Aug 29, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The settlement stems from a ruling announced by former Attorney General Hector Balderas in 2016, which required FastBucks to pay over $32 million in restitution to consumer borrowers. Certain individuals who received loans from FastBucks between 2007 and 2016 may be eligible for a share of nearly $1 million.
Certain individuals who received loans from FastBucks between 2007 and 2016 may be eligible for a share of nearly $1 million. This money is part of a settlement following a long-running case. The case involved allegations that FastBucks circumvented regulations on payday loans after legislative reforms were enacted in 2007.
The state's Department of Justice announced the availability of these funds. Further details about the settlement and eligibility are available from the Department of Justice.
The settlement stems from a ruling announced by former Attorney General Hector Balderas in 2016, which required FastBucks to pay over $32 million in restitution to consumer borrowers.
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KVIA ABC-7 reported and published this story. The El Paso selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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Category: News Published: August 28, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? Certain individuals who received loans from FastBucks between 2007 and 2016 may be eligible for a share of nearly $1 million. This money is part of a settlement following a long-running case. The…
When was this published? This article was first published on August 28, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by Gabrielle Lopez at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The El Paso, or browse our daily briefing and topic hubs .
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