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.

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 [...]

New Mexico Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), New Mexico collection agencies are also regulated by New Mexico debt collection laws. Discover: New Mexico collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus New Mexico collection agency license and bonding information.
Summary of the New Mexico fair debt collection practices laws:
NEW MEXICO INTEREST RATE
Judgment: 8.75% |in the absence of a written contract|
NEW MEXICO STATUTE OF LIMITATIONS |in years|
Open Accounts: 4
Written Contract: 6
Domestic Judgment: 14
Foreign Judgment: 14
NEW MEXICO BAD CHECK LAWS |NSF|
Amount due, triple damages [...]

Nebraska Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Nebraska collection agencies are also regulated by Nebraska debt collection laws. Discover: Nebraska collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Nebraska collection agency license and bonding information.
Summary of the Nebraska fair debt collection practices laws:
NEBRASKA INTEREST RATE
Legal: 12% per written instrument or contract rate
Judgment: 1% above bond equivalent yield as published by U.S. Treasury
NEBRASKA STATUTE OF LIMITATIONS |in years|
Open Accounts: 4 Written Contract: 5 Domestic Judgment: 5 renewable every 5 Foreign Judgment: 5 nonrenewable
NEBRASKA BAD [...]

Massachusetts Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Massachusetts collection agencies are also regulated by Massachusetts debt collection laws. Discover: Massachusetts collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Massachusetts collection agency license and bonding information.
Summary of the Massachusetts fair debt collection practices laws:
MASSACHUSETTS INTEREST RATE
Legal: 6%
Judgment: 12%
Contract: 12%
MASSACHUSETTS STATUTE OF LIMITATIONS |in years|
Open Accounts on Contract: 6
Contract: 6
Sales |UCC| Contract: 4
Domestic Judgment: 20 |presumed satisfied after 20 years|
Foreign Judgment: 20
Contracts Under Seal: 20
MASSACHUSETTS BAD CHECK LAWS |NSF|
Amount due, costs of suit, protest [...]

Wyoming Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Wyoming collection agencies are also regulated by Wyoming debt collection laws. Discover: Wyoming collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Wyoming collection agency license and bonding information.
Summary of the Wyoming fair debt collection practices laws:
WYOMING INTEREST RATE
Legal: 7%
Judgment: contract rate or 10% judgment rate
WYOMING STATUTE OF LIMITATIONS |in years|
Open Accounts: 8
Written Contract: 10
Domestic Judgment: 5
Foreign Judgment: 5
WYOMING BAD CHECK LAWS |NSF|
Double the face amount plus damages equal to collection cost and reasonable attorney fees.
WYOMING [...]

Idaho Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Idaho collection agencies are also regulated by Idaho debt collection laws. Discover: Idaho collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Idaho collection agency license and bonding information.
Summary of the Idaho fair debt collection practices laws:
IDAHO INTEREST RATE
Legal: 12%
Judgment: 10.875% plus the base rate
IDAHO STATUTE OF LIMITATIONS |in years|
Open Accounts: 4
Oral Contract: 4
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 6 renewable
IDAHO BAD CHECK LAWS |NSF|
Triple amount of check up to $500 over the check amount
IDAHO [...]

Arkansas Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Arkansas collection agencies are also regulated by Arkansas debt collection laws. Discover: Arkansas collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Arkansas collection agency license and bonding information.
Summary of the Arkansas fair debt collection practices laws:
ARKANSAS INTEREST RATE
Legal: 6% or 5 points above the Fed. discount rate
Judgment: Contract rate or 10% per annum whichever is greater
ARKANSAS STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Written Contract: 5 |partial payment stops the statute from running|
Sale of Goods: |UCC-2| - [...]

Arizona Debt Collection Laws
In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Arizona collection agencies are also regulated by Arizona debt collection laws. Discover: Arizona collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Arizona collection agency license and bonding information.
Summary of the Arizona fair debt collection practices laws:
ARIZONA INTEREST RATE
Legal: 10%
Judgment: 10% or contractual
ARIZONA STATUTE OF LIMITATIONS |in years|
Open Accounts: 3
Written Contract: 6 in AZ. - 4 outside AZ.
Domestic Judgment: 5-additional 5 upon request |indefinitely|
Foreign Judgment: 4
ARIZONA BAD CHECK LAWS |NSF|
Twice the amount of check, costs of [...]