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LATE FEES Legal Disclaimer: Although a good faith attempt has been made to make this table as complete as possible, it is still subject to human error and constantly changing laws. It should neither be considered complete nor used as a substitute for legal advice. No warranty, either expressed or implied, is attached in any regard to this table. Any reproduction, distribution, sharing, or modification of this table without the express written permission of an authorized agent of DocuTech Corporation is prohibited.Notes: With the exception of consumer loans in Oklahoma, all minimum charge amounts listed are optional.Last Updated: July, 2011StateLoan TypeLoan AmountLien TypeDays Late (Minimum)Maximum PercentageMinimum ChargeMaximum ChargeLegal ReferenceALConsumer Credit TransactionAnyAny105%$18$100Ala. Code §5-19-4(a)AKSmall Loan$25,000 (or less)AnyAny10%None$25Alaska Stat. §06.20.260(a)(6)AKInstallment Loan (Less than 7 years)$10,000 (or less, excluding interest)Any155%None$15Alaska Statute §45.45.080(c)(1)AZConsumer Lender Loan$10,000(or less)Any75%NoneNoneAriz. Rev. Stat. §6-635(a)(1)AZClosed-End Loan$5,000 (or less)Any105%None$10Ariz. Rev .Stat. §44-1205(a)(2)ARIndustrial LoanAnyAnyAny5%NoneNoneArk. Code Ann. §23-36-112CAReal Property Secured Loan (REL)AnyAny1010%$5NoneCal. Bus. & Prof. Code §10242.5(a)CADelinquent Balloon Payment (REL)AnyAny10(LSMI x 10%) x (1 + m)NoneNoneCal. Bus. & Prof. Code §10242.5(c)CAReal Property Secured Loan (CRMLA)AnyAny106%$5NoneCal. Civ. Code §2954.4COConsumer Credit TransactionAnySecondary105%NoneNoneColo. Rev. Stat. Ann. §5-2-203CTAny Type of LoanAnyAnyAnyReasonableNoneNoneConn. Gen. Stat. Ann. §49-6c; McKeever v. Fiore, 78 Conn. App. 783 (Conn. App., 2003)DEClosed-End LoanAnyAnyAny5%NoneNoneDel. Code Ann. tit. 5, §2231(2); 5 Del. Admin. Code §2203-3.2.3DERevolving Credit PlanAnyAnyAnyAnyNoneNone5 Del. C. §2222; 5 Del. Admin. Code §2203-3.1.6DC Any Type of LoanAnyAny105%NoneNoneD.C. Code Ann. §28-3310(b)FLHigh Cost Home-LoanAnyAny155%NoneNoneFla. Stat. Ann. §494.00791(13)FLConsumer Finance Loan$1,000 - $25,000Any10AnyNone$10Fla. Stat. Ann. §516.031(3)(a)(9); Fla. Admin. Code r. §69V-160.015GAHome LoanFNMA Conforming Loan LimitAny105%NoneNoneGa. Code Ann. §7-6A-3(3)HIConsumer LoansAny AnyAny5%NoneNoneHaw. Rev. Stat. §412:9-304(1)IDPrecomputed Regulated Consumer Credit TransactionAnySecondary105%$12.50NoneIdaho Code §28-42-301(1)IDRegulated Consumer LoanAnySecondary155%$15NoneIdaho Code §28-42-301(2)IDNonprecomputed Regulated Consumer Credit TransactionAnySecondary105%$15NoneIdaho Code §28-42-301(3)ILInstallment LoanAnyAny105%NoneNone815 Ill. Comp. Stat. Ann. 205/4.1a-(e)INConsumer Loan, Refinance, or ConsolidationAnySecondary10AnyNone$17.50Ind. Code §24-4.5-3-203.5; Ind. Admin. Code tit. 750, r. 1-1-1(1)IAInterest-Bearing Consumer Credit Transaction$25,000(or less)Secondary105%None$15.00Iowa Code Ann. §537.2502(1)(b)IAPrecomputed Consumer Credit Transaction$25,000(or less)Secondary105%None$20.00Iowa Code Ann. §537.2502(1)(a)IAOpen-End CreditAnySecondaryAnyAnyNone $15.00Iowa Code Ann. §§535.10(3)(b) & 537.2502(4)KSConsumer Credit Transaction$25,000 (or less)Secondary105%None$25.00Kan. Stat. Ann. §16a-2-502(1)KSConsumer Credit Transaction (Alternative Charge)$25,000 (or less)Secondary10AnyNone$10Kan. Stat. Ann. §16a-2-502(2)KYReal Estate LoanAnyAny10NoneNoneNoneKy. Rev. Stat. Ann. §286.8-110(3)KYConsumer Loans$15,000(or less)Any72%NoneNoneKy. Rev. Stat. §286.4-530(4)KYConsumer Loans (Alternative Charge)$15,000(or less)Any75%$15NoneKy. Rev. Stat. Ann. §286.4-533(5)KYHigh-Cost Home Loan$15,000 - $200,000Any155%$10NoneKy. Rev. Stat. Ann. §360.100(2)(q)LAConsumer Loan Secured by Fixed PropertyAnyAnyAny5%NoneNoneLa. Rev. Stat. Ann. §6:1097(B)(2)LAConsumer Credit TransactionAnyAny105%$10NoneLa. Rev. Stat. Ann. §9:3527(A)LARevolving Loan AccountAnyAny10AnyNone$15La. Rev. Stat. Ann. §9:3527(B)MEConsumer Credit Transaction or Open-End Credit PlanAnySecond155%None$10Me. Rev. Stat. Ann. tit. 9-A, §2-502(1)MDMortgage Loan AnyAny155%$2NoneMD. Code Ann., Com. Law, §12-105(c)(3)MDSecondary Mortgage LoanAnySecondary105%$2NoneMD. Code Ann., Com. Law, §12-405(c)MDRevolving Credit PlanAnyAnyAnyAnyNoneNoneMD. Code Ann., Com. Law, §12-910MDCredit Grantor Closed End CreditAnyAnyAnyAnyNoneNoneMD Code Ann., Com. Law, §12-1008MA1-to-4 Family Dwelling House MortgageAnyAny153%NoneNoneMass. Gen. Laws Ann. ch. 183, §59MIExtension of Credit Made by a Regulated LenderAnyAnyAny 5%$15NoneMich. Comp. Laws Ann. §445.1856(b) & (c)MNConventional Loan$100,000(or less)Any105%$7.28NoneMinn. Stat. Ann. §§47.20(6b) & 47.59(6)(a)(4)MN Loan AnyAny105%$7.28NoneMinn. Stat. Ann. §47.59(6)(a)(4)MSLoan AnyAny154%$5.00NoneMiss. Code Ann. §75-17-27MSLoan with a stated maturity of 5 years or less$100,000 (or less)Any154%$5.00$50.00Miss. Code Ann. §75-17-27MOResidential Real Estate LoanAnyPrimary15AnyNoneNoneMo. Ann. Stat. §408.052(1)MO Second Mortgage LoanAnySecondary155%$15.00$50.00Mo. Ann. Stat. §408.233(4)MTConsumer Loan AnyAnyAny5%$15$50.00Mont. Code Ann. §32-5-301(2)NE Installment LoanAnyAny105%NoneNoneNeb. Rev. Stat. §45-1024(2)(d)NV Any ContractAnyAnyAnyAnyNoneNoneNev. Rev. Stat. §99.050NHPrecomputed Consumer Credit TransactionAnyAnyAnyAnyNoneNoneN.H. Rev. Stat. Ann. §358-K:2(IV)NJSecondary Mortgage LoanAnySecondaryAny5%NoneNoneN.J. Stat. Ann. §17:11C-80(c)NJ Commercial LoansAnyAnyAny5%NoneNoneMetLife Capital Financial Corp. v. Washington Ave. Associates L.P., 159 N.J. 484 (N.J., 1999)NMHome LoanFNMA Conforming Loan Limit SizeAny155%NoneNoneN.M. Stat. Ann. §58-21A-4(K)NMMortgage LoanAnyAnyAnyAnyNoneNoneN.M. Stat. Ann. §58-21-18NYMortgage on Real PropertyAnyAny152%NoneNoneN.Y. Real Prop. Law §254-b(1) &(2); N.Y. Comp. Codes R. & Regs. Tit. 3, §80.8(i)NCHome LoansAnyAny154%NoneNoneN.C. Gen. Stat. §24-10.1NCOpen-End Credit PlanAnyAny30AnyNone$5 OR $10N.C. Gen. Stat. §24-11(d1)NDLegal IndebtednessAnyAnyAny15%None$15N.D. Cent. Code §47-14-05OHConsumer Transaction in Connection with a Residential MortgageAnyPrimaryAnyAnyAnyAnyOhio Rev. Code Ann. §1345.031(B)(7)OH Small Loans$5,000 (or less)Any105%$15AnyOhio Rev. Code Ann. §§1321.57(L) & 1321.58(c)(3)OKPrecomputed Consumer Loan, Refinancing, or ConsolidationAnyAny105%$5$23.00Okla. Stat. Ann. tit. 14A, §3-203(1)OKNonprecomputed Consumer Loan, Refinancing, Consolidation, or Revolving Loan AccountAnyAny105%$5$23.00Okla. Stat. Ann. tit. 14A, §3-203(5)ORMortgageAnyAny155%NoneNoneOr. Rev. Stat. §86.165ORPrecomputed Loan ContractAnyAny105%None$5Or. Rev. Stat. §725.340(2)(a)ORConsumer Finance LoanAnyAnyAnyReasonable and bona fideNoneNoneOr. Rev. Stat. §725.340(1)(b)PASecondary Mortgage LoanAnySecondary1510%$20.00None7 Pa. Cons .Stat. §6125(b)(2)(iii)RIHigh-Cost Home LoanAnyAny15/103%NoneNoneR.I. Gen. Laws §34-25.2-6(k)SCConsumer Loan (and refinancing or consolidation of such)AnyAny105%$5.40$13.50S.C. Code Ann. §37-3-203SDAny Type of LoanAnyAnyAnyNoneNoneNoneS.D. Codified Laws §54-4-58(8)TNLoans made by an Industrial Loan and Thrift Company, Industrial Bank, or Industrial Investment CompanyAnyAny55%$15.00NoneTenn. Code. Ann. §45-5-403(a)(4)TXA LoanAnyAny105%$7.50NoneTex. Fin. Code Ann. §302.001(d)TXSecondary Mortgage LoanAnySecondary105%NoneNoneTex. Fin. Code Ann. §342.302; 7 Tex. Admin. Code §83.703(d)UTConsumer Credit AgreementAnyHELOC orSecondaryAny5%$30NoneUtah Code Ann. §70C-2-102(1)VTAny Type of LoanAnyPrimary****Vt. Stat. Ann. tit. 8, §2216VTAny Type of LoanAnyAnyAnyReasonableNoneNoneVt. Stat. Ann. tit. 9, §44VAAny Type of LoanAnyAny75%NoneNoneVa. Code Ann. §6.2-400WAConsumer LoanAnyAny1010%NoneNoneWash. Rev. Code Ann. §31.04.105(5); Wash. Admin. Code §208-620-555(7)WVPrecomputed Consumer LoanAnyAny105%$15NoneW. Va. Code Ann. §31-17-8(1)WVNonprecomputed Consumer LoanAnyAny105%None$15W. Va. Code Ann. §46A-3-113WIPrecomputed LoanAnyAny105%NoneNoneWis. Stat. Ann. §138.09(7)(e)(1)WINonprecomputed LoanAnyAnyAny9.5%/8%NoneNoneWis. Stat. Ann. §138.09(7)(e)(2)WIFirst-lien Residential Mortgage LoanAnyPrimary155%NoneNoneWis. Stat. Ann. §138.052(6)WIConsumer Credit Transaction<=$25,000Secondary105%None$10Wis. Stat. Ann. §422.203(1)WYConsumer LoanAnyPrimary105%$10NoneWyo. Stat. Ann. §40-14-312WYConsumer Credit SaleAnyPrimary105%$10NoneWyo. Stat. Ann. §40-14-214 ................
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