Payday loans in Connecticut: what the law allows
No. Connecticut doesn't allow payday loans at typical payday costs. Connecticut doesn't allow car title loans at typical title loan costs.
Connecticut
Payday loans
Not allowed
Car title loans
Not allowed
“Connecticut Banking Law considers such loans as void and unenforceable, unless made by certain exempt persons such as banks, credit unions, and Department of Banking Small Loan Company licensees. However, Small Loan licensees can charge up to 36% annual percentage rate (APR).”
Connecticut Department of BankingLook up a lender's license
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Connecticut?
No. Connecticut doesn't allow payday loans at typical payday costs.
Are car title loans legal in Connecticut?
Connecticut doesn't allow car title loans at typical title loan costs.
How do I check a lender's license in Connecticut?
Look the lender up with Connecticut Department of Banking, which licenses lenders in Connecticut.
Do these rules protect service members?
Yes. The Military Lending Act limits payday and car title loans for covered service members to 36%, in every state.
Information, not legal advice. Laws change; confirm with the state regulator.