Consumer debt consists of personal debts for goods purchased for personal or household consumption—as opposed to debts incurred for the operation of a business. Common examples of consumer debt include (1) credit card debt; (2) student loans; (3) home mortgage loans; (4) car or auto loans; (5) payday loans; (6) medical debts; and (7) unpaid utility and telephone bills.

In New Hampshire, consumer debt is regulated by both state statutes and federal laws. Credit card debt, student loans, home mortgages, auto loans, payday loans, medical debts, and unpaid utility and telephone bills are all considered consumer debts when they are for personal or household use. The New Hampshire Consumer Protection Act (RSA 358-A) provides consumers with protection against unfair or deceptive business practices. Debt collection in the state is governed by the New Hampshire Fair Debt Collection Practices Act (RSA 358-C), which sets standards for the conduct of debt collectors and provides consumers with rights to dispute and validate debt information. Additionally, federal laws such as the Fair Debt Collection Practices Act (FDCPA) and the Truth in Lending Act (TILA) offer further protections against abusive debt collection practices and mandate clear disclosure of credit terms. For mortgages, the Real Estate Settlement Procedures Act (RESPA) requires lenders to provide borrowers with pertinent and timely disclosures regarding the nature and costs of the real estate settlement process. Consumers facing issues with debt in New Hampshire may seek the advice of an attorney to understand their rights and obligations under these laws.