Banking Department

The New Hampshire Banking Department plays a critical role in regulating motor vehicle businesses in the state by overseeing companies that engage in financing, leasing, and other credit-related services. Many motor vehicle businesses offer financing options or work with third-party lenders to provide loans or leases to customers, which brings them under the purview of the department. The department ensures that these businesses comply with state regulations related to consumer protection, fair lending practices, and financial transparency. This oversight helps maintain trust in the marketplace, safeguards consumers from predatory practices, and ensures that motor vehicle businesses operate within legal and ethical standards. Through its enforcement and regulatory activities, the NH Banking Department promotes a fair and competitive environment in the motor vehicle industry.