Payday loan laws in New Hampshire

  • Status: Legal (N.H. Rev. Stat. Ann. 399-A:1 et seq.)
For Lenders

Lending specifications:

  • Maximum loan amount: $500
  • Loan tenure: 7-30 days
  • Fees and finance charges: 36% yearly interest
  • Finance charge on a 14-day $100 loan: $1.38
  • APR on 14-day $100 loan: 36%

Collection restrictions:

  • Criminal procedures: Prohibited
For Borrowers

Debt limits:

  • Maximum no. of outstanding loans at a time: One
  • Rollovers allowed: None
  • Cooling-off phase: 60 days
  • Repayment plan: None

Complaint cell:



Last Updated on: Thu, 30 Nov 2017

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