Texas enjoys a laws purely restricting payday loans In brand new Hampshire, which banned high-cost payday loans in 2008, the governor vetoed a costs last year that could have permitted installment loans with annual costs above 400 percent. But that wasn’t the only bill that high-cost lenders had pushed: One to allow auto-title loans, also vetoed by the governor, passed with a supermajority in the legislature. Thus, in 2012, brand-new