Title Loans in New Hampshire

New Hampshire allows title lending with minimal restrictions. The Banking Department oversees lender licensing. As there are no rate caps, borrowers should carefully compare offers from multiple lenders to find the best terms available.

How Title Loans Work in New Hampshire

New Hampshire title loans work similarly to other states. Your vehicle title serves as collateral while you keep driving. The lender evaluates your car's value and offers a loan amount based on a percentage of that value.

New Hampshire Title Loan Regulations

The New Hampshire Banking Department regulates title lending. While licensing is required, the state maintains few restrictions on interest rates or loan amounts.

• Lenders must be licensed with the New Hampshire Banking Department
• Maximum loan amount: No statutory cap
• Maximum interest rate: No cap
• Cooling-off period: None

Typical Terms in New Hampshire

While terms vary by lender, here's what you can typically expect:

• Loan amounts: $100 to $10,000+ depending on vehicle value
• APR¹: Often 150% to 300% or higher
• Loan terms: Usually 30 days to 12 months
• Loan-to-value: Typically 25% to 50% of vehicle value