Idaho State AutoTitle Loan Regulation

States that permit car-title lending as of December 2012

State:

Status:

Citation:

Max Loan:

Cost Limits:

NSF/Fees:

Term Limits:

Cost $500:

Sale/LeaseBack?:

Repo Terms:

Right to Cure:

Surplus/Deficiency:

Prohibited Practices:

Title Required:

Idaho

Permit

Idaho Code Ann. § 28-46-501 to -509 



No Cap



30 day loan term. On 3rd renewal, have to pay 10% of principle each renewal. 

No cap



Notice

Yes, 10 day notice 

Borrower gets surplus, no deficiency balance (Ch. 9 Title 28 Idaho Code 

Loan more than worth of vehicle. Loan without clear title. 

Yes