At Payday Today, we are happy to offer payday loans to all residents of New Hampshire. Even though it’s probably not hard to find a payday lending center in your town, we recommend checking out the services we offer here at Payday Today. We offer a variety of loans, including no-fax loans. Our applications only take a few minutes to complete, and the funds are waiting in your bank account the morning after you apply, just in time to fund all the checks you wrote. Get started now, and keep your checks from bouncing.
Payday Loans are a helpful tool to use if you are waiting on a check to come through from an unusual but reliable source, or if you had an unexpected incident (such as car trouble) when money was tight. They are a good way to tide you over until your usual funding comes through. However, if you have more serious financial problems, we recommend that you check out one of our programs that are designed as long term solutions.
New Hampshire has very generous laws when it comes to payday lending. Payday lending is legal in the state, but there are very few laws to regulate the practice. The loan terms can vary between seven days and thirty days like most states. There is no minimum loan amount, but the maximum is $500. However, there are absolutely no caps on how much lenders can charge for interest rates. The pre-existing laws that did restrict payday lending were repealed in 1999.
There are at least 77 payday lenders operating in New Hampshire. New Hampshire was ranked as the 32nd state in relation to operating payday lenders per state.
According to the United States Department of Labor:
The unemployment rate in New Hampshire was 3.8 in January 2006, which means that 27,903 people were unemployed at that time. In January 2005, the unemployment rate was only 0.3 higher. Over the past ten years the rate has wavered between 2.2 and 4.7.