Payday loan laws in Connecticut

Statutory citation: CGS §§ 36a-563,-565,and -581,Conn. Agencies Reg. § 36a-585-1

Legal status: Prohibited

Lending specifications:

Small loan charges: 12% per year

Complaint cell:

Regulator: Connecticut Department of Banking

Address: 260 Constitution Plaza,Hartford,CT 06103

Phone: 860-240-8299 or 800-831-7225 (toll free)

Website: https://portal.ct.gov/DOB

File complaint: https://portal.ct.gov/DOB/Consumer/Consumer-Complaints/Banks

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Please consult a qualified attorney for advice on your specific situation.