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Consumer Credit Regulation: Maine

Legal Interest Rate: Me. Stat. tit. 9-B, § 432

Contract: Me. Stat. tit. 9-B, § 432

Judgment: Me. Stat. tit. 14, §§ 1602-B, 1602-C

Consumer Supervised Loans—Licensed Lenders: Me. Stat. tit. 9-A, §§ 1-301, 2-101 to 2-601 (§ 2-301), Maine UCCC

Consumer Credit Sales: Me. Stat. tit. 9-A, §§ 2-101 to 2-601 (§ 2-201), Maine UCCC

Revolving Charge Accounts: Me. Stat. tit. 9-A, §§ 2-101 to 2-601 (§ 2-202), Maine UCCC

Consumer Loans: Me. Stat. tit. 9-A, §§ 2-101 to 2-601 (§ 2-401), Maine UCCC

Consumer Credit Regulation: Maryland

Legal Interest Rate: Md. Const. art. III, § 57; Md. Code Ann., Com. Law § 12-102 (West)

Contract: Md. Code Ann., Com. Law § 12-103 (West)

Judgment: Md. Code Ann., Cts. & Jud. Proc. §§ 11-106, 11-107 (West)

Consumer Loans: Md. Code Ann., Com. Law §§ 12-301 to 12-317 (§ 12-306) (West), Maryland Consumer Loan Law (credit provisions)

Auto Finance: Md. Code Ann., Com. Law §§ 12-601 to 12-636 (§ 12-609) (West), Retail Installment Sales Act

Consumer Credit Regulation: Massachusetts

Legal Interest Rate: Mass. Gen. Laws ch. 107, § 3

Contract: Mass. Gen. Laws ch. 107, § 3

Judgment: Mass. Gen. Laws ch. 231, §§ 6B, 6C, 6H

Criminal Usury Cap: Mass. Gen. Laws ch. 271, § 49

Small Loans: Mass. Gen. Laws ch. 140, §§ 90 and 96; 209 Mass. Code Regs. 26.01

Industrial Banks: Mass. Gen. Laws. ch. 172A, §§ 1 to 15 (§ 9), Banking Company Act (repealed effective March 30, 2005)

Insurance Premium Finance: Mass. Gen. Laws. ch. 255C, § 14

Consumer Credit Regulation: Michigan

Legal Interest Rate: Mich. Comp. Laws § 438.31

Contract: Mich. Comp. Laws § 438.31

Judgment: Mich. Comp. Laws § 600.6013

Criminal Usury Cap: Mich. Comp. Laws § 438.41

Small Loans: Mich. Comp. Laws §§ 493.1 to 493.24 (§ 493.13), Regulatory Loan Act

Regulated Loans: Mich. Comp. Laws §§ 445.1851 to 445.1864 (§ 445.1854), Credit Reform Act

Bank Installment and Credit Card Loans: Mich. Comp. Laws §§ 445.1851 to 445.1864 (§ 445.1854), Credit Reform Act

Consumer Credit Regulation: Minnesota

Legal Interest Rate: Minn. Stat. § 334.01

Contract: Minn. Stat. § 47.59 subdivs. 2, 3, § 334.01

Judgment: Minn. Stat. § 549.09

Small Loans: Minn. Stat. §§ 56.0001 to 56.26 (§ 56.125, open-end; § 56.131), Minn. Regulated Loan Act

Industrial Loans: Minn. Stat. § 53.04, Industrial Loan & Thrift Company Law

Bank and Savings Bank Loans: Minn. Stat. § 48.195, § 47.59

Auto Finance: Minn. Stat. §§ 53C.01 to 53C.14 (53C.09), Motor Vehicle Retail Installment Sales Act; Minn. Stat. § 47.59(4a)

Consumer Credit Regulation: Mississippi

Legal Interest Rate: Miss. Code Ann. § 75-17-1

Contract: Miss. Code Ann. § 75-17-1 (§ 75-17-25, finance charge defined)

Judgment: Miss. Code Ann. § 75-17-7

Small Loans: Miss. Code Ann. § 75-17-21 and Miss. Code Ann. §§ 75-67-101 to 75-67-139, Small Loan Regulatory Law; Miss. Code Ann. §§ 75-67-201 to 75-67-247, Small Loan Privilege Tax Law; Miss. Code Ann. §§75-67-175 to 185, Consumer Alternative Installment Loan Act; Miss. Code Ann. §§ 75-67-601 to 75-67-639, Credit Availability Act

Consumer Credit Regulation: Missouri

Legal Interest Rate: Mo. Rev. Stat. § 408.020, see Mo. Const. art. III, § 44

Contract: Mo. Rev. Stat. §§ 408.030, 408.035, 408.080, 408.455

Judgment: Mo. Rev. Stat. § 408.040

Criminal Usury Cap: Mo. Rev. Stat. § 408.095

Small Loans: Mo. Rev. Stat. §§ 408.100 to 408.213 (§§ 408.100, 408.120, 408.140)

Auto Finance: Mo. Rev. Stat. §§ 365.010 to 365.200 (§§ 365.120 and 365.125), Motor Vehicle Time Sales Law

Consumer Credit Regulation: Montana

Legal Interest Rate: Mont. Code Ann. § 31-1-106

Contract: Mont. Code Ann. § 31-1-107

Judgment: Mont. Code Ann. § 25-9-205

Small Loans: Mont. Code Ann. §§ 32-5-101 to 32-5-409 (§ 32-5-301), Consumer Loan Act

Credit Sales: Mont. Code Ann. §§ 31-1-201 to 31-1-243 (§ 31-1-241), Retail Installment Sales Act

Revolving Credit: Mont. Code Ann. §§ 31-1-201 to 31-1-243 (§ 31-1-241), Retail Installment Sales Act

Installment Loans By Regulated Lenders: Mont. Code Ann. § 31-1-112

Consumer Credit Regulation: Nebraska

Legal Interest Rate: Neb. Rev. Stat. § 45-102

Contract: Neb. Rev. Stat. §§ 45-101.03 and 45-101.04

Judgment: Neb. Rev. Stat. § 45-103

Small Loans: Neb. Rev. Stat. §§ 45-1001 to 45-1070 (§§ 45-1024, 45-1025), Installment Loan Act

Bank Installment Loans and Credit Cards: Neb. Rev. Stat. § 8-820

Installment Sales, All Goods: Neb. Rev. Stat. §§ 45-334 to 45-356 (§ 45-338), Installment Sales Act

Revolving Credit: Neb. Rev. Stat. §§ 45-204 to 45-209 (§ 45-207) (revolving charge agreements)

Consumer Credit Regulation: Nevada

Legal Interest Rate: Nev. Rev. Stat. § 99.040

Contract: Nev. Rev. Stat. § 99.050

Judgment: Nev. Rev. Stat. § 17.130

Small Loans: Nev. Rev. Stat. §§ 675.010 to 675.490 (§ 675.363), Installment Loan and Finance Act

Thrift Company Loans: Nev. Rev. Stat. § 677.730

Installment Sales, All Goods: Nev. Rev. Stat. §§ 97.015 to 97.335 (§ 97.195) (retail installment sales of goods and services)

Consumer Credit Regulation: New Hampshire

Legal Interest Rate: N.H. Rev. Stat. Ann. § 336:1 (consumer loans, N.H. Rev. Stat. Ann. §§ 358-K:1 to 358K:6, exempted)

Contract: N.H. Rev. Stat. Ann. § 336:1 (consumer loans, N.H. Rev. Stat. Ann. §§ 358-K:1 to 358-K:6, exempted)

Judgment: N.H. Rev. Stat. Ann. § 336:1

Small Loans: N.H. Rev. Stat. Ann. §§ 399-A:1 to 399-A:24 (§ 399-A:16), Small Loan Law

Insurance Premium Finance: N.H. Rev. Stat. Ann. §§ 415-B:1 to 415-B:13 (§ 415-B:7) (premium finance companies)

Consumer Credit Regulation: New Jersey

Legal Interest Rate: N.J. Stat. Ann. § 31:1-1 (West)

Contract: N.J. Stat. Ann. §§ 31:1-1 and 31:1-1.1 (West)

Criminal Usury Cap: N.J. Stat. Ann. § 2C:21-19 (West)

Judgment: No statutory provision; N.J. Superior, Tax & Surrogate Courts Civ. Rule 4:42-11

Small Loans: N.J. Stat. Ann. §§ 17:11C-1 to 17:11C-49 (§ 17:11C-32) (West) (licensed lenders)

Bank Installment Loans: N.J. Stat. Ann. § 17:9A-54 (West)

Consumer Credit Regulation: New Mexico

Legal Interest Rate: N.M. Stat. Ann. § 56-8-3

Contract: N.M. Stat. Ann. § 56-8-9

Judgment: N.M. Stat. Ann. § 56-8-4

Criminal Usury Cap: N.M. Stat. Ann. §§ 56-8-9, 56-8-14; N.M. Stat. Ann. §§ 30-43-1 to 30-43-5

Small Loans: N.M. Stat. Ann. §§ 58-15-1 to 58-15-42 (§ 58-15-23), Small Loan Act

Bank Installment Loans: N.M. Stat. Ann. §§ 58-7-1 to 58-7-11, Bank Installment Loan Act

Consumer Credit Regulation: New York

Legal Interest Rate: N.Y. Gen. Oblig. Law § 5-501 (McKinney); N.Y. Banking Law § 14-a (McKinney); N.Y. Comp. Codes R. & Regs. tit. 3, §§ 4.1 to 4.7 (banking board regulations—interest rates)

Criminal Usury Cap: N.Y. Penal Law §§ 190.40 (McKinney)

Contract: N.Y. Gen. Oblig. Law § 5-501 (McKinney); N.Y. Banking Law § 108 (McKinney)

Judgment: N.Y. Civ. Prac. L. & R. § 5004

Small Loans: N.Y. Banking Law §§ 340 to 361 (§ 351) (McKinney), Licensed Lender Law

Consumer Credit Regulation: North Carolina

Legal Interest Rate: N.C. Gen. Stat. § 24-1

Contract: N.C. Gen. Stat. § 24-1.1

Judgment: N.C. Gen. Stat. §§ 24-5, 53-173(c)

Small Loans: N.C. Gen. Stat. §§ 53-164 to 53-191 (§§ 53-173 and 53-176), Consumer Finance Act

Industrial Bank Loans: N.C. Gen. Stat. § 53-141 (industrial banks)

Bank Loans: N.C. Gen. Stat. § 53C-5-1

Savings Bank Installment Loans: N.C. Gen. Stat. §§ 54C-121 to 54C-146

Consumer Credit Regulation: North Dakota

Legal Interest Rate: N.D. Cent. Code § 47-14-05

Contract: N.D. Cent. Code § 47-14-09

Judgment: N.D. Cent. Code § 28-20-34

Criminal Usury Cap: N.D. Cent. Code §§ 47-14-09, 47-14-11 (cf. § 12.1-31-02)

Installment Sales, All Goods: N.D. Cent. Code §§ 51-13-01 to 51-13-08 (§ 51-13-03), Retail Installment Sales Act

Insurance Premium Finance: N.D. Cent. Code § 26.1-20.1-07

Revolving Credit: N.D. Cent. Code §§ 51-14-01 to 51-14-05 (§ 51-14-03) (revolving charge accounts)

Consumer Credit Regulation: Ohio

Legal Interest Rate: Ohio Rev. Code Ann. §§ 1343.01, 1343.03 (West)

Contract: Ohio Rev. Code Ann. §§ 1343.01, 1343.03 (West)

Judgment: Ohio Rev. Code Ann. § 1343.03 (West)

Criminal Usury Cap: Ohio Rev. Code Ann. §§ 2905.21, 2905.22 (West)

Small Loans Including Open-End Loans: Ohio Rev. Code Ann. §§ 1321.01 to 1321.20 (§§ 1321.13, 1321.131 and 1321.16) (West), Small Loan Law

Consumer Credit Regulation: Oklahoma

Legal Interest Rate: Okla. Const. art. 14, § 2; Okla. Stat. tit. 15, § 266

Contract: Okla. Const. art. 14, § 2; Okla. Stat. tit. 15, § 266 (see rates specified in consumer sections of Okla. UCCC)

Judgment: Okla. Stat. tit. 12, §§ 727, 727.1

Criminal Usury Cap: Okla. Stat. tit. 14A, §§ 5-107, 5-301

Small Loans: Okla. Stat. tit. 59, §§ 3150 to 3150.27 (Small Lenders Act)

Consumer Credit Regulation: Oregon

Legal Interest Rate: Or. Rev. Stat. § 82.010

Contract: Or. Rev. Stat. §§ 82.010, 82.025

Judgment: Or. Rev. Stat. § 82.010

Small Loans: Or. Rev. Stat. §§ 725.010 to 725.910 (§§ 725.340, 725.345), Consumer Finance Act

Bank Installment Loans: Or. Rev. Stat. § 708A.255

Auto Finance: Or. Rev. Stat. §§ 83.510 to 83.680 (§§ 83.095, 83.560, 83.565), Motor Vehicle Retail Installment Sales Act

Other Goods Finance: Or. Rev. Stat. §§ 83.010 to 83.190 (§ 83.095) (retail installment sales)

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