Consumer & commercial lending in New Hampshire

Who needs this in New Hampshire

A company that makes consumer loans to New Hampshire residents generally needs a small-loan or sales-finance license from New Hampshire Banking Department when the product, rate, or amount crosses the state’s trigger. Banks and credit unions lending under a charter are usually exempt. Commercial-purpose loans often sit outside the consumer statute — confirm before you treat a business loan as unlicensed.

Where to file

File the matching Banking Department authority on NMLS. File in New Hampshire because the borrower lives there, not because your office does.

Federal overlay

TILA / Regulation Z, ECOA, FCRA, and CFPB supervision sit on top of the state license. A state license does not create a federal charter.

Sources

• NMLS / CSBS state agency contacts