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VT · LOAN-AGMT · Updated July 2026 · Free

Vermont Loan Agreement

Review Status: PendingAuthor: Editorial TeamMethodology: Statutory Verification

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Vermont at a glance: Usury Cap: 12% per year (9 V.S.A. § 41a) · Governing Law: Vermont Statutes Title 9

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Overview

Loan Agreements in Vermont

Vermont strictly caps interest rates on personal loans at 12% per year under Vermont Statutes Title 9 Section 41a.
Key Facts

Vermont Loan Agreement — Quick Reference

RequirementVermont Rule
Usury Cap12% per year (9 V.S.A. § 41a)
Governing LawVermont Statutes Title 9
Legal Requirements

Vermont Legal Requirements

  • Interest rates must not exceed 12% per annum.
Governing Laws

Vermont Governing Laws

9 V.S.A. § 41a
Legal Rate of Interest
Defines contract default interest rates.

Read the full text of these laws at Cornell Law School's Vermont legal resources or your state legislature's official website.

Questions & Answers

Vermont Loan Agreement — Frequently Asked Questions

Are B2B loans exempt from Vermont's 12% cap?

Yes, commercial transactions are exempt.