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Consumer Credit Regulation: Pennsylvania

Legal Interest Rate: 41 Pa. Stat. Ann. §§ 201, 202 (West)

Contract: 41 Pa. Stat. Ann. § 201 (West)

Judgment: 42 Pa. Cons. Stat. Ann. § 8101 (West)

Criminal Usury Cap: 41 Pa. Stat. Ann. §§ 501, 505 (West); 18 Pa. Stat. Ann. §§ 4806.1 to 4806.3 (West)

Small Loans: 7 Pa. Stat. Ann. §§ 6201 to 6219 (§ 6213) (West), Consumer Discount Company Act

Bank Installment Loans: 7 Pa. Stat. Ann. § 303 (West)

Auto Finance: 12 Pa. Cons. Stat. §§ 6201–6275 (§ 6243) (effective Dec. 1, 2014)

Consumer Credit Regulation: Puerto Rico

Legal Interest Rate: P.R. Laws Ann. tit. 31, § 4591

Contract: P.R. Laws Ann. tit. 10, §§ 998, 998n; P.R. Laws Ann. tit. 31, § 4591

Judgment: P.R. Laws Ann. tit. 32, app. III, rule 44.3

Small Loans: P.R. Laws Ann. tit. 10, §§ 941 to 959 (§ 954), Small Personal Loan Act; Office of the Comm’r of Fin. Inst., Art. 4, Reg. No. 5782 (Apr. 14, 1998) (lifts interest rate caps)

Retail Installment Sales: P.R. Laws Ann. tit. 10, §§ 731 to 793 (§ 750)

Loans: P.R. Laws Ann. tit. 10, §§ 998, 998n

Consumer Credit Regulation: Rhode Island

Legal Interest Rate: R.I. Gen. Laws § 6-26-1

Contract: R.I. Gen. Laws § 6-26-2

Judgment: R.I. Gen. Laws § 6-26-1

Criminal Usury Cap: R.I. Gen. Laws §§ 6-26-2, 6-26-3

Small Loans: R.I. Gen. Laws §§ 19-14.2-1 to 19-14.2-16 (§§ 19-14.2-8 and 19-14.2-10), Small Loan Lenders Act

Loan and Investment Company Loans: R.I. Gen. Laws §§ 19-14.1-1 to 19-14.1-12 (§ 19-14.1-2) (lenders and loan brokers)

Consumer Credit Regulation: South Carolina

Legal Interest Rate: S.C. Code Ann. § 37-10-106(1)

Contract: S.C. Code Ann. §§ 37-10-106(1) and 34-31-20

Judgment: S.C. Code Ann. § 34-31-20

Restricted” Loans: S.C. Code Ann. §§ 34-29-10 to 34-29-260 (§ 34-29-140), Consumer Finance Law

Supervised” Loans: S.C. Code Ann. §§ 37-3-500 to 37-3-515 (§ 37-3-501), Consumer Protection Code

Consumer Credit Sales: S.C. Code Ann. §§ 37-2-101 to 37-2-714 (§ 37-2-201), Consumer Protection Code

Consumer Credit Regulation: South Dakota

Legal Interest Rate: S.D. Codified Laws Ann. § 54-3-16

Contract: S.D. Codified Laws Ann. § 54-3-1.1

Judgment: S.D. Codified Laws Ann. § 54-3-5.1

Installment Sales: S.D. Codified Laws Ann. §§ 54-3A-1 to 54-3A-25 (§ 54-3A-3) (consumer installment sales contracts)

Bank Revolving Loan Credit: S.D. Codified Laws §§ 51A-12-12, 51A-12-13

Revolving Charge: S.D. Codified Laws Ann. §§ 54-11-1 to 54-11-12 (§ 54-11-6.1) (credit cards and revolving charge accounts)

Consumer Credit Regulation: Tennessee

Legal Interest Rate: Tenn. Const. art. XI, § 7; Tenn. Code Ann. § 47-14-103

Contract: Tenn. Code Ann. § 47-14-103 (formula rate defined in § 47-14-102(7) and § 47-14-106)

Judgment: Tenn. Code Ann. § 47-14-121

Industrial Loans: Tenn. Code Ann. §§ 45-5-101 to 45-5-612 (§ 45-5-301) (industrial loan and thrift companies)

Bank Installment Loans: Tenn. Code Ann. § 45-2-1106

Revolving Credit: Tenn. Code Ann. §§ 47-11-101 to 47-11-111 (§ 47-11-104), Retail Installment Sales Act

Consumer Credit Regulation: Texas

Legal Interest Rate: Tex. Const. art. 16, § 11; Tex. Fin. Code Ann. § 302.001 (West)

Contract: Tex. Const. art. 16, § 11; Tex. Fin. Code Ann. §§ 302.001, 302.002, 303.001 to 303.502 (West)

Judgment: Tex. Fin. Code Ann. §§ 304.001 to 304.007 (West)

Consumer Loans: Tex. Fin. Code Ann. §§ 342.051 to 342.560 (§ 342.201) (West); Tex. Fin. Code Ann. §§ 342.251 to 342.260 (West) (alternate charges for certain loans)

Consumer Credit Regulation: Utah

Legal Interest Rate: Utah Code Ann. § 15-1-1 (West)

Contract: Utah Code Ann. §§ 15-1-1 and 70C-2-101 (West)

Judgment: Utah Code Ann. § 15-1-4 (West)

Criminal Usury Cap: Utah Code Ann. § 76-6-520 (West)

Consumer Credit: Utah Code Ann. §§ 70C-1-101 to 70C-8-203 (§ 70C-2-101) (West), Utah UCCC

Life Insurance and Annuity Policy Loans: Utah Code Ann. § 31A-22-420 (West)

Auto Title Loans: Utah Code Ann. §§ 7-24-101 to 7-24-305 (West)

Consumer Credit Regulation: Vermont

Legal Interest Rate: Vt. Stat. Ann. tit. 9, § 41a

Contract: Vt. Stat. Ann. tit. 9, § 41a

Judgment: Vt. Stat. Ann. tit. 2, § 2903(c); Vt. R. App. P. 37; Vt. R. Civ. P. 69

Criminal Usury Cap: Vt. Stat. Ann. tit. 9, § 50

Small Loans: See Licensed Lender Act, below

Financial Institutions: Vt. Stat. Ann. tit. 8, §§ 10101 to 20106 (§ 14301(c))

Installment Loans: Vt. Stat. Ann. tit. 9, §§ 41a(b)(2), (5)

Consumer Credit Regulation: Virginia

Legal Interest Rate: Va. Code Ann. § 6.2-301

Contract: Va. Code Ann. § 6.2-303

Judgment: Va. Code Ann. § 6.2-302; Va. Code Ann. § 8.01-382 (prejudgment and postjudgment interest).

Small Loans: Va. Code Ann. §§ 6.2-1500 to 6.2-1543 (§ 6.2-1520) (consumer finance companies)

Industrial Loans: Va. Code Ann. § 6.2-320

Bank Installment Loans: Va. Code Ann. §§ 6.2-309, 6.2-310

Installment Sales: Va. Code Ann. §§ 6.2-309, 6.2-311, 6.2-314

Consumer Credit Regulation: Virgin Islands

Legal Interest Rate: V.I. Code Ann. tit. 11, § 951

Contract: V.I. Code Ann. tit. 11, § 951

Judgment: V.I. Code Ann. tit. 5, § 426

Small Loans: V.I. Code Ann. tit. 9, §§ 181 to 204 (§ 183) (small loan law)

Credit Cards: V.I. Code Ann. tit. 11, § 957

Life Insurance Policy Loans: V.I. Code Ann. tit. 22, § 958

Insurance Premium Finance: V.I. Code Ann. tit. 22, § 1634

Consumer Credit Regulation: Washington

Legal Interest Rate: Wash. Rev. Code § 19.52.010

Contract: Wash. Rev. Code § 19.52.010, 19.52.020

Judgment: Wash. Rev. Code § 4.56.110

Consumer Open- and Closed-End Loans: Wash. Rev. Code §§ 31.04.015 to 31.04.420 (§§ 31.04.015, 31.04.105, 31.04.115), Consumer Loan Act

Installment Finance—All Goods: Wash. Rev. Code §§ 63.14.010 to 63.14.926 (§ 63.14.130) (retail installment sales of goods and services)

Consumer Credit Regulation: West Virginia

Legal Interest Rate: W. Va. Code §§ 47-6-5 to 47-6-5c

Contract: W. Va. Code § 47-6-5. Alternative rates for loans and credit sales set by Lending and Credit Rate Board under W. Va. Code § 47A-1-1. Alternative bank rate set by Commissioner of Banking under W. Va. Code § 31A-4-30a

Judgment: W. Va. Code §§ 56-6-31 and 46A-3-111(f)

Criminal Usury Cap: W. Va. Code § 46A-5-103

Small Loans: W. Va. Code §§ 46A-1-101 to 46A-8-102 (§ 46A-4-107), Consumer Credit and Protection Act

Consumer Credit Regulation: Wisconsin

Legal Interest Rate: Wis. Stat. §§ 138.04, 138.05

Contract: Wis. Stat. §§ 138.04, 138.05

Judgment: Wis. Stat. §§ 814.04 and 815.05

Criminal Usury Cap: Wis. Stat. § 943.27

State Bank Loans: Wis. Stat. § 138.041

Small Loans: Wis. Stat. § 138.09, Precomputed Loan Law; Wis. Stat. §§ 421.101 to 427.105 (§ 422.201), Wis. UCCC

Credit Sales: Wis. Stat. §§ 421.101 to 427.105 (§ 422.201), Wis. UCCC

Installment Loans: Wis. Stat. § 138.05

Consumer Credit Regulation: Wyoming

Legal Interest Rate: Wyo. Stat. Ann. § 40-14-106

Contract: See rates specified in consumer sections of Wyo. UCCC (Wyo. Stat. Ann. §§ 40-14-101 to 40-14-700)

Judgment: Wyo. Stat. Ann. § 1-16-102

Consumer Supervised Loans; Licensed Lenders: Wyo. Stat. Ann. §§ 40-14-101 to 40-14-700 (§ 40-14-348) (includes revolving loans), Wyoming UCCC. Note: § 40-14-348 repealed effective July 1, 2021.

Student Loan Law: Alabama

Kentucky Higher Education Assistance Authority

P.O. Box 798

100 Airport Road

Frankfort, KY 40602-0798

Phone: (502) 696-7200

Toll-Free: (800) 928-8926

Fax: (502) 696-7496

Website: www.kheaa.com

Student Loan Law: California

Educational Credit Management Corporation (ECMC)

P.O. Box 16408

St. Paul, MN 55116-0408

Phone: 1-855-810-4922 (Default Management Recording)

Phone: 1-888-221-3262 (Customer Service)

Fax: 1-877-645-7479

Website: https://www.ecmc.org

Student Loan Law: Colorado

Educational Credit Management Corporation (ECMC)

P.O. Box 16408

St. Paul, MN 55116-0408

Phone: 1-855-810-4922 (Default Management Recording)

Phone: 1-888-221-3262 (Customer Service)

Fax: 1-877-645-7479

Website: https://www.ecmc.org

(formally guaranteed by College Assist)