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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: April 2013Table of ContentsClick text to jump to page AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingStateLoan TypeLoan AmountLien TypeDays Late (Minimum)Maximum PercentageMinimum ChargeMaximum ChargeLegal ReferenceALConsumer Credit TransactionAnyAny105%$18$100ALA. CODE § 5-19-4(a) (2012)ALLoan, forbearance of money, or credit sale>$2000Any10Not unconscionableNot unconscionableNot unconscionableALA. CODE §§ 5-19-4(a), & 8-8-5(a) (West 2012); Cantrell v. Walker Builders, Inc., 678 So. 2d 169 (Ala. Civ. App. 1996)AKSmall Loan≤$25,000AnyAny10%None$25ALASKA STAT. ANN. § 06.20.260(a)(6) (West 2012)AKInstallment Loan(Maturity < 7 years)≤$10,000 (excluding interest)Any155%None$15ALASKA STAT. ANN. § 45.45.080(c)(1) (West 2012)AZConsumer Lender Loan≤$10,000 (principal)Any75%NoneNoneARIZ. REV. STAT. § 6-635(a)(1) (2012)AZClosed-End Loan≤$5,000Any105%None$10ARIZ. REV. STAT. § 44-1205(a)(2) (2012)ARIndustrial LoanAnyAnyAny5%NoneNoneARK. CODE ANN. § 23-36-112 (West 2012)CAReal Property Secured Loan (REL)AnyAny1010%$5NoneCAL. BUS. & PROF. CODE § 10242.5(a)-(b) (West 2012)CADelinquent Balloon Payment (REL)AnyAny10(LSMI x 10%) x (1 + m)NoneNoneCAL. BUS. & PROF. CODE § 10242.5(c) (West 2012)CAReal Property (a single-family, owner-occupied unit) Secured Loan (CRMLA)AnyAny106%$5NoneCAL. CIV. CODE § 2954.4(a) (West 2012)COConsumer Credit TransactionInsubstantial in relation to value of collateralSecondary105%NoneNoneCOLO. REV. STAT. ANN. § 5-2-203(1) (West 2012)CTAny Type of LoanAnyAnyAnyReasonableNoneNoneCONN. GEN. STAT. ANN. § 49-6c (West 2012); McKeever v. Fiore, 78 Conn. App. 783 (Conn. App. Ct., 2003)DEClosed-End LoanAnyAnyAny5%NoneNoneDEL. CODE ANN. tit. 5, § 2231(2) (West 2012); 5 DEL. ADMIN. CODE § 2203-3.2.3 (2012)DERevolving Credit PlanAnyAnyAnyAnyNoneNoneDEL. CODE ANN. tit. 5, § 2222(a) (West 2012); 5 DEL. ADMIN. CODE § 2203-3.1.6 (2012)DCAny Type of LoanAnyAny105%NoneNoneD.C. CODE § 28-3310(b) (2012)FLHigh Cost Home-LoanAnyAny155%NoneNoneFLA. STAT. ANN. § 494.00791(13) (West 2012)FLConsumer Finance Loan$1,000 - $25,000Any10AnyNone$10FLA. STAT. ANN. § 516.031(3)(a)(9) (West 2012); Fla. Admin. Code r. § 69V-160.015GAHome LoanFNMA Conforming Loan LimitAny105%NoneNoneGA. CODE ANN. § 7-6A-3(3) (West 2012)HIConsumer LoansAny AnyAny5%NoneNoneHAW. REV. STAT. § 412:9-304(1) (West 2012)IDPrecomputed Regulated Consumer Credit TransactionAnySecondary105%$12.50NoneIDAHO CODE ANN. § 28-42-301(1) (West 2012)IDRegulated Consumer LoanAnySecondary155%$15NoneIDAHO CODE ANN.§ 28-42-301(2) (West 2012)IDAll other Regulated Consumer Credit TransactionsAnySecondary105%$15NoneIDAHO CODE ANN.§ 28-42-301(3) (West 2012)ILA loanAnyAny105%NoneNone815 ILL. COMP. STAT. ANN. 205/4.1a (f) (West 2012)ILHigh Risk Home LoanAnyAny154% afterNoneNone815 ILL. COMP. STAT. ANN. 137/80 (West 2012)INFirst Mortgage LoanAnyPrimaryAnyAnyNoneNoneIND. CODE ANN. § 24-4.5-3-105 (West 2012)INConsumer Loan, Refinance, or ConsolidationAnySecondary10AnyNone$17.50IND. CODE ANN. § 24-4.5-3-203.5; Ind. Admin. Code tit. 750, r. 1-1-1(1) (West 2012)IAInterest-Bearing Consumer Credit Transaction≤$25,000Secondary105%None$15.00IOWA CODE ANN. § 537.2502(1)(b) & (2) (West 2012)IAPrecomputed Consumer Credit Transaction≤$25,000Secondary105%None$20.00IOWA CODE ANN. § 537.2502(1) & (2) (West 2012)IAOpen-End CreditAnySecondaryAnyAnyNone$15.00IOWA CODE ANN. §§ 535.10(3)(b), & 537.2502(4) (West 2012)KSConsumer Credit Transaction≤$25,000Secondary; Primary if conditions are met105%None$25.00KAN. STAT. ANN. § 16a-2-502(1) (West 2012)KSConsumer Credit Transaction (Alternative Charge)≤$25,000Secondary10AnyNone$10KAN. STAT. ANN. § 16a-2-502(2) (West 2012)KYReal Estate LoanAnyAny10NoneNoneNoneKY. REV. STAT. ANN. § 286.8-110(3) (West 2012)KYHigh-Cost Home Loan$15,000 - $200,000Any155%$10NoneKY. REV. STAT. ANN. § 360.100(2)(q) (West 2012)LAConsumer Loan Secured by Fixed PropertyAnyAnyAny5%NoneNoneLA. REV. STAT. ANN. §§ 6:1097(B)(2), & 9:3511(F) (West 2011)LAResidential Mortgage LoanAnyAnyAnyNoneNoneNoneLA. REV. STAT. ANN. § 6:1097(A) (West 2011)LAConsumer Credit TransactionAnyAny105%$10NoneLa. Rev. Stat. Ann. § 9:3527(A) (West 2011)LARevolving Loan AccountAnyAny10AnyNone$15LA. REV. STAT. ANN. § 9:3527(B) (West 2011)MEConsumer Credit Transaction or Open-End Credit Plan< $50,000Second155%None$10ME. REV. STAT. ANN. tit. 9-A, §§ 1-301(11)-(14), & 2-502(1)(A) (2011)MDMortgage LoanAnyAny155%$2NoneMD. CODE ANN., COM. LAW, § 12-105(c)(3) (West 2012)MDSecondary Mortgage LoanAnySecondary105%$2NoneMD. CODE ANN., COM. LAW, § 12-405(c)(1)-(2) (West 2012)MDRevolving Credit PlanAnyAnyAnyAnyNoneNoneMD. CODE ANN., COM. LAW, § 12-910 (West 2012)MDCredit Grantor Closed End CreditAnyAnyAnyAnyNoneNoneMD CODE ANN., COM. LAW, § 12-1008 (West 2012)MA1-to-4 Family Dwelling House MortgageAnyAny15;10 (if pmts biweekly)3%NoneNoneMASS. GEN. LAWS ANN. ch. 183, § 59 (West 2012)MIExtension of Credit Made by a Regulated LenderAnyAnyAny5%$15NoneMICH. COMP. LAWS ANN. § 445.1856(1)(b)-(c) (West 2012)MNConventional Loan≤$100,000Any105%$7.80NoneMINN. STAT. ANN. §§ 47.20(6b), & 47.59(6)(a)(4) (West 2012)MNLoanAnyAny105%$7. 80NoneMINN. STAT. ANN. § 47.59(6)(a)(4) (West 2012)MSLoanAnyAny154%$5.00NoneMISS. CODE ANN. § 75-17-27 (West 2011)MSLoan with a stated maturity of 5 years or less≤$100,000Any154%$5.00$50.00MISS. CODE ANN. § 75-17-27 (West 2011)MOResidential Real Estate LoanAnyAny15AnyNoneNoneMO. ANN. STAT. §§ 408.015(7), & 408.052(1) (West 2012)MOSecond Mortgage LoanAnySecondary155%$15.00$50.00MO. ANN. STAT. § 408.233(4) (West 2012)MTResidential Mortgage LoanAnyAnyAny5%$15.00$50.00MONT. CODE ANN. §§ 32-5-102(2)(b)(ii), 32-9-103(31), & 32-5-301(4) (West 2013)NEResidential Mortgage LoanAnyAnyAs set forth in the loan documents.Reasonable & NecessaryNoneNoneNEB. REV. STAT. ANN. § 45-740(1)(m) (West 2012)NEInstallment LoanAnyAny105%NoneNoneNEB. REV. STAT. ANN. § 45-1024(2)(d) (West 2012)NVLoan Secured by lien on real propertyAnyAnyAnyAnyNoneNoneNEV. REV. STAT. ANN. §§ 99.050, & 645B.240, & 645E.470 (West 2011)NHPrecomputed Consumer Credit TransactionAnyAnyAnyAnyNoneNoneN.H. REV. STAT. ANN. § 358-K:2(IV) (West 2012)NJSecondary Mortgage LoanAnySecondaryAny5%NoneNoneN.J. STAT. ANN. § 17:11C-80(c) (West 2012)NJHome LoanAnyAny155%NoneNoneN.J. STAT. ANN. § 46:10B-25(d) (West 2012)NMHome LoanFNMA Conforming Loan LimitAny155%NoneNoneN.M. STAT. ANN. § 58-21A-4(K) (West 2012)NMMortgage LoanAnyAnyAnyAnyNoneNoneN.M. STAT. ANN. § 58-21-18 (West 2012)NYMortgage on Real PropertyAnyAny152%NoneNoneN.Y. REAL PROP. LAW § 254-b(1)-(2) (West 2012); N.Y. COMP. CODES R. & REGS. tit. 3, § 80.8(i) (2012)NCHome Loans<$300,000Any154%NoneNoneN.C. GEN. STAT. ANN. § 24-10.1 (West 2012)NCOpen-End Credit Plan, not offered by a bank<$300,000Any30AnyNone$5 OR $10N.C. GEN. STAT. ANN §§ 24-9(d) & 24-11(d1) (West 2012)NDLegal IndebtednessAnyAnyAny15%None$15N.D. CENT. CODE ANN. § 47-14-05 (West 2011)OHConsumer Transaction in Connection with a Residential MortgageAnyAnyAnyAnyAnyAnyOHIO REV. CODE ANN. § 1345.031(B)(7) (West 2012)OHSmall Loans≤$5,000Any105%$15AnyOHIO REV. CODE ANN. §§ 1321.57(L), & 1321.58(c)(3) (West 2012)OKPrecomputed Consumer Loan, Refinancing, or ConsolidationAnyAny105%$5$23.50OKLA. STAT. ANN. tit. 14A, § 3-203(1) (West 2012)OKNonprecomputed Consumer Loan, Refinancing, Consolidation, or Revolving Loan AccountAnyAny105%$5$23.50OKLA. STAT. ANN. tit. 14A, § 3-203(5) (West 2012)ORMortgageAnyAny155%NoneAmount in note/mortgage, if < 5%OR. REV. STAT. ANN. § 86.165 (West 2012)ORPrecomputed Loan ContractAnyAny105%None$5OR. REV. STAT. ANN.§ 725.340(2)(a) (West 2012)ORConsumer Finance LoanAnyAnyAnyReasonable and bona fideNoneNoneOR. REV. STAT. ANN.§ 725.340(1)(b) (West 2012)PASecondary Mortgage LoanAnySecondary1510%$20.00None7 PA. CONS . STAT. § 6125(b)(2)(iii) (West 2012)RIFirst MortgagesAnyPrimaryAnyNoneNoneNoneR.I. GEN. LAWS ANN. § 6-26-2(c)(vii) (West 2012); Late Fees and First Mortgages,Op. Office of Legal Counsel, Dep’t of Bus. Regulation, R.I. & Providence Plantations (1984)RIHigh-Cost Home LoanAnyAny1510 (if pmts biweekly)3%NoneNoneR.I. GEN. LAWS ANN. § 34-25.2-6(k) (West 2012)SCConsumer Loan (and refinancing or consolidation of such)AnySecondary105%$7.00$17.50S.C. CODE ANN. § 37-3-203(1)-(2) (West 2012)SDAny Type of LoanAnyAnyAnyNoneNoneNoneS.D. CODIFIED LAWS § 54-4-58(8) (2012)TNHigh-Cost Home LoanAnyAny105%$15NoneTENN. CODE ANN. § 45-20-103(15) (West 2012)TNLoans made by an Industrial Loan and Thrift Company, Industrial Bank, or Industrial Investment CompanyAnyAny55%$15.00NoneTENN. CODE. ANN. § 45-5-403(a)(4) (West 2012)TXA LoanAnyAny105%$7.50NoneTEX. FIN. CODE ANN. § 302.001(d) (West 2011)TXSecondary Mortgage LoanAnySecondary105%NoneNoneTEX. FIN. CODE ANN. § 342.302 (West 2011); 7 TEX. ADMIN. CODE § 83.703(d) (2012)UTConsumer Credit Agreement<$25,000HELOC orSecondaryAny5%$30NoneUTAH CODE ANN. § 70C-2-102(1) (West 2012)VTAny Type of LoanAnyPrimary****VT. STAT. ANN. tit. 8, § 2216(1) (West 2012)VTAny Type of LoanAnySecondary****VT. STAT. ANN. tit. 8, § 2216(2) (West 2012)VTAny Type of LoanAnyAnyAnyReasonableNoneNoneVT. STAT. ANN. tit. 9, § 44 (West 2012)VAAny Type of LoanAnyAny75%NoneNoneVA. CODE ANN. § 6.2-400 (West 2012)WAConsumer LoanAnyAny1010%NoneNoneWASH. REV. CODE ANN. § 31.04.105(5) (West 2012); WASH. ADMIN. CODE § 208-620-555(7) (2012)WVPrecomputed Consumer LoanAnyAny105%None$15W. VA. CODE ANN. §§ 31-17-8(e), & 46A-3-112 (West 2012)WVNonprecomputed Consumer LoanAnyAny105%None$15W. VA. CODE ANN. § 46A-3-113 (West 2012)WIPrecomputed LoanAnyAny105%NoneNoneWIS. STAT. ANN. § 138.09(7)(e)(1) (West 2012)WINonprecomputed LoanAnyAnyAny9.5%/8%NoneNoneWIS. STAT. ANN. § 138.09(7)(e)(2) (West 2012)WIFirst LienAnyPrimary155%NoneNoneWIS. STAT. ANN. § 138.052(6) (West 2012)WIConsumer Credit Transaction≤$25,000Secondary105%None$10WIS. STAT. ANN. § 422.203(1) (West 2012)WYConsumer LoanAnySecondary105%$10NoneWYO. STAT. ANN. § 40-14-312(a) (West 2012) ................
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