Quick answer
New Haven, CT residents can get loans from licensed lenders regulated by the Connecticut Department of Banking (Consumer Credit Division). Payday loans are prohibited. Call (800) 236-7761 or use the form to see which lenders will work with you today.
Loan options for New Haven residents
Connecticut law determines what loans are available, what they cost, and who can lend. Here is how each product stands under current Connecticut law:
| Loan type | Status in CT | Key limits |
|---|---|---|
| Installment loans | Restricted | Small loan licensees may charge up to 36% interest per year (Public Act 23-126, |
| Bad credit loans | Restricted | Special limits apply |
Want the short list of lenders who will actually say yes?
Tell us the amount and your credit range. Only lenders licensed in Connecticut see your request.
Connecticut loan rules at a glance
All loan products in New Haven follow Connecticut law. Licensed lenders are regulated by the Connecticut Department of Banking (Consumer Credit Division). Here are the key provisions for the most common loan types:
Connecticut loan rules at a glance
- Payday licensing
- No payday/deferred-presentment license exists
- Governing statutes
- Stat. § 37-4, Statutes § 37-4, Title Loan Act
Regulator: Connecticut Department of Banking (Consumer Credit Division) · Phone: 860-240-8170 · Statutes: Stat. § 37-4, Statutes § 37-4, Title Loan Act · Last verified: 2026-10-08
Cheaper options in New Haven
Before you take a high-cost loan, check these local alternatives:
- County, area code(s), nearby cities for New Haven (Census / FCC / state sources)
- Connecticut product statuses restated concisely with regulator link (city inherits state law; never invent city-level law)
- New Haven-specific local alternatives: credit unions offering PALs, municipal/state utility hardship programs, New Haven 211 entry
- Nearby-city internal links