Legal Status: Prohibited

Citation:
Usury act applies or small loan act applies. Conn. Gen. Stat. 36a-563

Small Loan Rate Cap
30.03% APR or $17 per $100 up to $600; $11 per $100 up to $1,800; add-on interest

Where to Complain, Get Information:
Regulator: Connecticut Department of Banking
Address: 260 Constitution Plaza Hartford CT 06103
Phone: (860) 240-8299
Fax: (860) 240-8167
Regulatory Contact: Alan Cicchetti Deputy Commissioner
Regulator’s Website
Complaint Form
Complaint Instructions
Online Resources:
Consumer Information and Educational Programs