CASA DE CAMBIO LA MONEDITA # 3 in Albuquerque, NM
New Mexico-based money services business offering check cashing, money transfers, and bill payments across three Albuquerque locations with state licensing.
Data compiled from public sources · Rating from CreditDoc methodology
CASA DE CAMBIO LA MONEDITA # 3 Review
Casa de Cambio La Monedita is a state-licensed money services business operating in Albuquerque, New Mexico under New Mexico Regulation and Licensing Department License #1920744. The company has been serving the community through multiple locations and maintains registered trademarks for both 'La Monedita' and 'TurboChecks' with the USPTO. The business positions itself as an authorized delegate for multiple money transfer companies and check-cashing services throughout New Mexico.
The company offers check cashing services, money transfers (envíos de dinero), and bill payment services. They specifically market tax refund check cashing services and operate under the TurboChecks brand for check-related products. Their website indicates they are authorized delegates for various money transfer companies, though specific partner names are not listed in the available content. The company operates three locations across Albuquerque to serve different areas of the city.
La Monedita distinguishes itself through established state licensing, registered trademark protection, and a bilingual service model serving both English and Spanish-speaking customers. The company maintains a formal web presence with dedicated sections for fraud prevention, compliance information, and consumer privacy—suggesting operational maturity and regulatory awareness. Their multiple locations and specific focus on tax refund check cashing during peak seasons indicates established market positioning.
As a check-cashing and money transfer business, La Monedita serves an important function for unbanked and underbanked populations. However, consumers should note that check-cashing fees and money transfer rates are not transparently displayed on the website, requiring customers to contact locations directly for pricing. The lack of published fee schedules limits consumer ability to compare costs upfront, which is typical but not ideal for transparent financial services.
Services & Features
Feature Checklist
Pros & Cons
Pros
- State-licensed by New Mexico Regulation and Licensing Department (License #1920744)
- Three physical locations across Albuquerque for convenient access
- Registered trademarks (La Monedita® and TurboChecks®) indicating established brand identity
- Bilingual services supporting both English and Spanish-speaking customers
- Authorized delegate for multiple money transfer companies
- Dedicated fraud prevention and compliance information pages
- Specific tax refund check-cashing services available
Cons
- Check-cashing and money transfer fees are not published on website; requires calling for pricing
- Limited transparency on money transfer company partners and exchange rates
- No online check deposit or digital money transfer options mentioned
- Website appears to have some template/placeholder content (filler@godaddy.com email visible)
Rating Breakdown
Frequently Asked Questions
Is CASA DE CAMBIO LA MONEDITA # 3 legitimate?
Yes. CASA DE CAMBIO LA MONEDITA # 3 is a registered company, headquartered in 9601 Sage Rd SW Suite E, Albuquerque, NM 87121.
Quick Facts
- Headquarters
- 9601 Sage Rd SW Suite E, Albuquerque, NM 87121
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on CASA DE CAMBIO LA MONEDITA # 3
La Monedita is best for unbanked and underbanked residents of Albuquerque, particularly Spanish speakers, who need reliable check cashing and money transfer services. The main caveat is that the company does not publish fees online, so customers must contact locations directly for pricing—making cost comparison difficult before visiting.
Best For
- Unbanked and underbanked New Mexico residents needing check-cashing services
- Spanish-speaking consumers seeking bilingual financial services
- Tax filers in Albuquerque needing rapid tax refund check conversion during tax season
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