Car Title Loans in Connecticut2026 Guide
Car title loans are illegal in Connecticut under the Small Loan Lending Act (C.G.S. § 36a-555). Learn state usury caps, banking department regulations, and legal borrowing alternatives in 2026.
Legal Status & Regulations
Governing Law
Conn. Gen. Stat. § 36a-555
Last Reviewed: April 2026
Law Summary
Connecticut prohibits traditional car title lending under the Small Loan Lending Act (Conn. Gen. Stat. § 36a-555). Supervised by the Connecticut Department of Banking, consumer lenders charging above 12% APR must hold a small loan license and adhere to strict rate limits that prohibit high-cost title loans.
Real Rate Example in Connecticut
A $1,500 loan in Connecticut at a typical market rate of APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
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Title Loans Union Editorial Team
Loan Regulations & Guides
Our editorial team monitors state statutes, interest rate ceilings, and car title loan regulations across all 50 states. We analyze legal statutes, state regulatory filings, and consumer protection policies to provide clear, unbiased analysis of borrowing requirements and costs.
*Last reviewed: June 2026. Always verify with your state's financial regulatory body before applying. Laws change frequently.
Quick Info Card
Max Loan Amount
N/A
Max APR / Rate
N/A
Loan Term Range
Varies
Governing Body
CT Department of Banking