Title Loans UnionSince 2014

Legal Status by State

Title loan regulations vary significantly across the US. Use this table to find the legal status and governing laws in your state.

Legal status and regulations of car title loans by state
StateStatusMax LoanMax APRGoverning Law
AlabamaLegalNo limitNo rate capAla. Code § 5-19A-1
AlaskaProhibitedN/AN/AAlaska Stat. § 06.60.010
ArizonaLegalNo limitNo rate capARS §6-601 et seq.
ArkansasProhibitedN/AN/AArk. Const. art. 19, § 13
CaliforniaRestrictedVariesCapped for small loansCal. Fin. Code §22000+
ColoradoProhibitedN/AN/AColo. Rev. Stat. § 5-1-101
ConnecticutProhibitedN/AN/AConn. Gen. Stat. § 36a-555
DelawareLegalNo limitNo cap5 Del. C. § 2201
FloridaLegal$25,00030% for first $2,000FS §537
GeorgiaLegalVariesPawn modelGA Code §7-4-1
HawaiiProhibitedN/AN/AHI Rev. Stat. § 480E
IdahoLegalNo limitNo capIdaho Code § 28-46-501
IllinoisLegalVaries36% APR205 ILCS 670
IndianaProhibitedN/AN/AInd. Code § 24-4.5-1-101
IowaProhibitedN/AN/AIowa Code § 537.1101
KansasLegalNo limitNo capKan. Stat. § 16a-1-101
KentuckyProhibitedN/AN/AKy. Rev. Stat. § 286.4-410
LouisianaLegalNo limitNo capLa. Rev. Stat. § 6:1001
MaineProhibitedN/AN/AMe. Rev. Stat. tit. 9-A
MarylandProhibitedN/AN/AMd. Code, Com. Law § 12-101
MassachusettsProhibitedN/AN/AMass. Gen. Laws ch. 140, § 96
MichiganProhibitedN/AN/AMich. Comp. Laws § 438.31
MinnesotaProhibitedN/AN/AMinn. Stat. § 47.60
MississippiLegal$2,50025% per monthMiss. Code § 75-67-401
MissouriLegal$5,000No capMo. Rev. Stat. § 367.500
MontanaProhibitedN/AN/AMont. Code § 31-1-112
NebraskaProhibitedN/AN/ANeb. Rev. Stat. § 45-101
NevadaLegalNo limitNo capsNRS Ch. 604A
New HampshireLegal$10,00036% APRNH Rev. Stat. § 399-A
New JerseyProhibitedN/AN/ANJ Consumer Finance Act
New MexicoLegal$5,00036% APRNM Stat. § 58-15-1
New YorkProhibitedN/AN/ANY Banking Law
North CarolinaProhibitedN/AN/AN.C. Gen. Stat. § 24-1
North DakotaProhibitedN/AN/AN.D. Cent. Code § 13-03.1
OhioLegalVaries28% APROhio Rev. Code § 1321.35
OklahomaRestrictedVariesCappedOkla. Stat. tit. 59, § 1501
OregonProhibitedN/AN/AOr. Rev. Stat. § 725A.010
PennsylvaniaProhibitedN/AN/A7 Pa. Stat. § 6201
Rhode IslandProhibitedN/AN/AR.I. Gen. Laws § 19-14.2
South CarolinaLegalNo limitNo capS.C. Code § 37-3-101
South DakotaLegalNo limit36% APRS.D. Codified Laws § 54-4-36
TennesseeLegalN/AN/ATN Code §45-15-101
TexasLegalNo limitNo capTexas Finance Code Ch. 351
UtahLegalNo limitNo capUtah Code § 7-24-101
VermontProhibitedN/AN/AVt. Stat. tit. 8, § 2201
VirginiaLegal$2,50036% APRVa. Code § 6.2-2200
WashingtonProhibitedN/AN/AWash. Rev. Code § 31.04
West VirginiaProhibitedN/AN/AW. Va. Code § 46A-1-101
WisconsinLegal$25,000No capWis. Stat. § 138.09
WyomingProhibitedN/AN/AWyo. Stat. § 40-14-101

What does "Legal" mean?

In these states, car title lending is explicitly permitted and regulated. Lenders must be licensed and follow state-mandated disclosure rules.

What does "Restricted" mean?

These states allow title loans but place significant caps on interest rates or have unique licensing requirements that limit availability.

What does "Prohibited" mean?

Title loans are illegal or effectively banned in these states through strict usury laws or specific consumer finance statutes.

*Last reviewed: January 2025. Always verify with your state's financial regulatory body before applying. Laws change frequently.

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