Usury Laws By State
Usury is the practice of charging unreasonably high, exorbitant, and sometimes illegal interest rates on loans. Usury can also include late fee charges for collections. Each state in America has its own statute which dictates how much interest can be charged before it is considered usurious or unlawful.

Puerto Rico Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Puerto Rico collection agencies are also regulated by Puerto Rico debt collection laws. Discover: Puerto Rico collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Puerto Rico collection agency license and bonding information.
Summary of the Puerto Rico fair debt collection practices laws:
PUERTO RICO INTEREST RATE
Legal: 9.25% changes every 6 months |6/30/97|
Judgment: It is Regulated by the Commissioner of the Board of Financial institutions every 6 months.
PUERTO RICO STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Merchandise Open Accounts: [...]

North Carolina Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), North Carolina collection agencies are also regulated by North Carolina debt collection laws. Discover: North Carolina collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus North Carolina collection agency license and bonding information.
Summary of the North Carolina fair debt collection practices laws:
NORTH CAROLINA INTEREST RATE
Legal: 8%
Judgment: 8%
NORTH CAROLINA STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Sale of Goods: 4
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: 10
NORTH CAROLINA BAD CHECK LAWS |NSF|
30 day written demand lesser of $500 [...]

North Dakota Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), North Dakota collection agencies are also regulated by North Dakota debt collection laws. Discover: North Dakota collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus North Dakota collection agency license and bonding information.
Summary of the North Dakota fair debt collection practices laws:
NORTH DAKOTA INTEREST RATE
Legal: 6%
Judgment: 12%
NORTH DAKOTA STATUTE OF LIMITATIONS |in years|
Open Accounts for services: 6
Sale of Goods: 4
Written Contract: 6
Domestic Judgment: 10 renewable
Foreign Judgment: 10 renewable
NORTH DAKOTA BAD CHECK LAWS |NSF|
Amount due, collection [...]

Ohio Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Ohio collection agencies are also regulated by Ohio debt collection laws. Discover: Ohio collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Ohio collection agency license and bonding information.
Summary of the Ohio fair debt collection practices laws:
OHIO INTEREST RATE
Legal: 10%
Judgment: 10%
OHIO STATUTE OF LIMITATIONS |in years|
Open Accounts: 4
Sales Contract |UCC2-725|
Written Contract: 15
Domestic Judgment: 21 renew every 5
Foreign Judgment: 21 renew every 5
OHIO BAD CHECK LAWS |NSF|
The greater of $200 or three times the amount of check [...]

Oklahoma Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Oklahoma collection agencies are also regulated by Oklahoma debt collection laws. Discover: Oklahoma collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Oklahoma collection agency license and bonding information.
Summary of the Oklahoma fair debt collection practices laws:
OKLAHOMA INTEREST RATE
Legal: 6%
Judgment: 4% over U.S. Treasury Bill Rate of previous year. |1996 = 9.55% 1997 = 9.15%|
OKLAHOMA STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 3
OKLAHOMA BAD CHECK LAWS |NSF|
N/A
OKLAHOMA WAGE GARNISHMENT EXEMPTIONS
State [...]

Oregon Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Oregon collection agencies are also regulated by Oregon debt collection laws. Discover: Oregon collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Oregon collection agency license and bonding information.
Summary of the Oregon fair debt collection practices laws:
OREGON INTEREST RATE
Statutory + Judgment: 9% simple interest per annum |Unless specified by contract|
OREGON STATUTE OF LIMITATIONS |in years|
Open Accounts: 6
Sale of Goods: 6 |4 yrs UCC Transaction|
Written Contract: 6
Domestic Judgment: 10 - Renewable at 10
Foreign Judgment: 10
OREGON BAD CHECK LAWS [...]

Pennsylvania Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Pennsylvania collection agencies are also regulated by Pennsylvania debt collection laws. Discover: Pennsylvania collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Pennsylvania collection agency license and bonding information.
Summary of the Pennsylvania fair debt collection practices laws:
PENNSYLVANIA INTEREST RATE
Legal: 6%
Judgment: 6%
PENNSYLVANIA STATUTE OF LIMITATIONS |in years|
Open Accounts: 4
Written Contract: 4
Domestic Judgment: 5 |writ of revival within 5 yrs.|
Foreign Judgment: 4
-Lien against real estate: 5 yrs.
-Personal property Ex: 20 yrs.
PENNSYLVANIA BAD CHECK LAWS |NSF|
After demand and judgment [...]

Rhode Island Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Rhode Island collection agencies are also regulated by Rhode Island debt collection laws. Discover: Rhode Island collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Rhode Island collection agency license and bonding information.
Summary of the Rhode Island fair debt collection practices laws:
RHODE ISLAND INTEREST RATE
Legal: 12%
Judgment: 12%
RHODE ISLAND STATUTE OF LIMITATIONS |in years|
Open Accounts: 10
Written Contract: 10
Domestic Judgment: 20
Foreign Judgment: 20
RHODE ISLAND BAD CHECK LAWS |NSF|
Amount of check, $25 fee & treble damage up to [...]

South Carolina Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), South Carolina collection agencies are also regulated by South Carolina debt collection laws. Discover: South Carolina collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus South Carolina collection agency license and bonding information.
Summary of the South Carolina fair debt collection practices laws:
SOUTH CAROLINA INTEREST RATE
Legal: 8.75%
Judgment: 12%
SOUTH CAROLINA STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: 10
SOUTH CAROLINA BAD CHECK LAWS |NSF|
Reasonable court costs amount of check& damages up to $500 [...]