Current Payday Lenders in New Hampshire – Terms, Rates, Legislation

The list of payday lenders in North Dakota

1. NHCash.com
   • Website: https://www.nhcash.com/
   • Address: 169 South River Road, Suite #19, Bedford, New Hampshire, 03110
   • Service: Online
   • States: Delaware, Idaho, Kansas, Michigan, New Hampshire, Tennessee, Utah, Wisconsin
2. Open Cash Advance
   • Website: https://opencashadvance.com/
   • Address: 30 N GOULD ST, STE R, Sheridan, WY 82801
   • Service: Online
   • State: Almost all US states
3. COMPACOM
   • Website: https://compacom.com/
   • Address: Unknown
   • Service: Online
   • States: Alabama, Alaska, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming
4. MaybeLoan
   • Website: https://maybeloan.com/
   • Address: Unknown
   • Service: Online
   • States: Almost all US states
5. iPaydayLoans
   • Website: https://ipaydayloans.com/
   • Address: Unknown
   • Service: Online
   • States: All US states
6. Snappy Payday Loans
   • Website: https://www.snappypaydayloans.com/
   • Address: 398 Dania Beach Blvd #468, Dania Beach, FL 33004
   • Service: Online
   • States: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
7. Cashland
   • Website: https://cashlandloans.net/
   • Address: Unknown
   • Service: Online
   • States: Almost all US states
8. MoneyLion
   • Website: https://www.moneylion.com/
   • Address: 30 West 21st Street Ninth Floor New York, NY 10010 USA
   • Service: Online
   • State: Almost all US states
9. Easy Loans In USA
   • Website: https://easyloansusa.net/
   • Address: Unknown
   • Service: Online
   • State: Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming
10. Payday Loans In The USA
    • Website: https://www.paydayloansintheusa.com/
    • Address: 1600 Miller Trunk Hwy, Duluth, MN 55811
    • Service: Online
    • State: Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming
11. ExtLoansUSA
    • Website: https://www.extloansusa.com/
    • Address: 1125 E Broadway, #545 Glendale, CA 91205
    • Service: Online
    • State: Almost all US states
12. TheGuaranteedLoans.com
    • Website: https://theguaranteedloans.com/
    • Address: Unknown
    • Service: Online
    • State: Almost all US states
13. SpeedyLoan
    • Website: https://speedyloan.net/
    • Address: 19 Bradford St, San Francisco, CA 94110, USA
    • Service: Online/Offline
    • State: Almost all US states
14. MoneyMutual
    • Website: https://moneymutual.com/
    • Address: 2510 E. Sunset Rd., Ste 6, #85, Las Vegas, NV 89120
    • Service: Online
    • State: Alabama, Alaska, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio

Are payday loans legal in New Hampshire?

New Hampshire made payday loans legal, however, there are certain restrictions. This state officially set a limit on its payday lending regulations. In 2009 it placed a 36% APR limit on all short-term loans on the state territory. From the very moment, all lenders willing to operate in the state had to follow to the existing regulations.

New Hampshire sets a $500 limit on payday lending options. The min term is 7 days. The max loan term is longer – 30 days. The APR is limited to 36%. Lenders cannot define higher rates for their loans. It is not allowed to issue a rollover. Criminal actions are banned.

Takeaways:

1. Max term: 30 days
2. Average amount: $200
3. Maximum amount: $500
4. APR Cap: 36%
5. Number of payday lenders in New Hampshire: 6
6. Average 14-day payday loan APR: 36%
7. Collection fees: $1.38 per $100 borrowed
8. Poverty rate in NH: 7.2%

Am I eligible for a payday loan in New Hampshire?

It doesn’t take much efforts to apply for a quick cash advance in New Hampshire, but you need to meet certain terms to qualify for a loan:

• a borrower must be at least 18 years old or over depending on the state regulations;
• you need to be a legal New Hampshire resident: you need to prove your legal resident status by presenting your contact address;
• client’s bad credit is not a problem, but you still need a stable source of income and get at least $1,000 a month;
• you need a phone number and a valid email;
• you must not be a debtor in bankruptcy.

Payday loan amounts in New Hampshire

New Hampshire allows to issue a loan not being over $500. In accordance with the law, a borrower is allowed to take out no more than one outstanding loan at a time. It is considered illegal to take out a loan when the first one is not repaid yet.

Maximum term for a payday loan in New Hampshire

• The repayment term should vary from 7 – 31 days;
• There is also a regulation to a cooling-off period: a person can apply for another credit only 60 days after the date when the prior loan was fully paid off;
• It is not allowed by the state to get rollovers and renewals. All the issued funds should be paid back in the scheduled time.

Rates, fees and other charges in New Hampshire

• PDL APR in New Hampshire is limited to 36% and no lending company can charge more than that;
• Extra fees are also limited to a minimum. It should not be over $1.38 for a $100 loan issued for a period of several weeks. This refers to any of the following – processing fee, approval fees or the like.

What is the statute of limitations on a payday loan in New Hampshire?

Payday lending in New Hampshire is administered and controlled by N.H. Rev. Stat. Ann. 399-A:1 et seq.

All lenders willing to operate in payday lending sphere loans (including online ones) must be licensed as a Small Loan Lender by the Banking Department.

The state imposes strict regulations in relation to interest rates in order to secure borrowers and not to allow lenders to break clients’ rights by getting big profits out of such fees.

Consumer info

• Unpaid installments are not considered a criminal offense in New Hampshire.
• Collection fees are not defined, so lending services are free to impose the rates themselves on their own point of view.