San Ysidro at a glance
- Population: 168 people, the 90th-largest place among New Mexico's 105 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 166 (US Census Bureau).
- 2020 to 2023 change: roughly 1.2% higher than at the 2020 Census (US Census Bureau).
- Rank among New Mexico places: 90th largest of 105 (US Census Bureau).
- Size percentile: ahead of around 14% of New Mexico places in population terms (US Census Bureau).
- Coordinates: 35.5606 / -106.7735, per the US Census Bureau Gazetteer.
- Nearest larger cities: Jemez Springs, NM (15 mi); Rio Rancho, NM (19 mi); Bernalillo, NM (21 mi); Corrales, NM (24 mi); Los Ranchos de Albuquerque, NM (28 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Encino, NM (97 mi); Taos Ski Valley, NM (103 mi); Corona, NM (112 mi) (US Census Bureau).
What a personal loan costs in San Ysidro
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
New Mexico lending rules that apply in San Ysidro
The table lists the New Mexico rules that apply to a loan made in San Ysidro, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Lenders making Bank Installment Loan Act loans (other than federally insured depositories) must be licensed under the Small Loan Act (2022 requirement) Source says: "a new requirement for lenders making loans under the BILA (other than a federally insured depository institution) to be licensed under the SLA" | New Mexico Legislature (Legislative Finance Committee fiscal impact report) as of 2026-09-16 |
| State lending regulator | New Mexico Financial Institutions Division (FID), Regulation and Licensing Department Source says: "We regulate a variety of financial institutions operating in New Mexico including:" | New Mexico Regulation and Licensing Department, Financial Institutions Division as of 2026-09-16 |
| Small loan company licensing/regulation | Small loan companies are a regulated institution category of the Financial Institutions Division Source says: "Small Loan Companies" | New Mexico Regulation and Licensing Department, Financial Institutions Division as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 15% annually absent a written contract fixing a different rate (NMSA 1978, 56-8-3) Source says: "The rate of interest, in the absence of a written contract fixing a different rate, shall be not more than fifteen percent annually" | New Mexico Compilation Commission (NMOneSource, official NMSA) as of 2026-09-16 |
| Payday lending status | Payday-style small loans capped at 36% APR (HB 132 of 2022; effective January 1, 2023; cap rises only if prime rate exceeds 10% for three consecutive months) Source says: "a permitted annual percentage rate greater than thirty-six percent, calculated pursuant to 12 CFR Part 1026" | New Mexico Legislature as of 2026-09-16 |
How to compare offers in San Ysidro
A few practical steps will make the process in San Ysidro less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in New Mexico using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.