New
Hampshire is a beautiful
state in the New
England region of
the northeastern
United States of
America where payday
lending is legal
but there are not
many laws regulating
it. New Hampshire
is now among 15
states and the District
of Columbia that
has capped interest
rates at or around
36% to stop predatory
lending. Most customers
must repeatedly
pay interest of
about $50 on payday
for a loan averaging
around $300. There
were previously
restrictive laws
concerning Lenders,
but they were repealed
almost a decade
ago.
Some
laws which bind
payday loans are:
