Alabama 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:

South Dakota

Permit

S.D. Codified Laws Ann. §§ 54-4-70 to 72 (Subject to provisions of § 57A-9) 



No Cap



30 days, 4 renewals then pay 10% of loan plus fees and interest 

No Cap







No deficiency balance, borrower gets surplus 



Yes