# Connecticut — State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements

For Connecticut, statute citation is Public Act 25-155 (SB 1396), An Act Concerning Earned But Unpaid Wage or Salary Income Advances; effective date is October 1, 2025; product classification is distinct product category; exempt from existing APR caps; fee caps is $4 per transaction fee cap or $30 monthly fee cap; free option required is yes — obligates providers to offer ways to receive no-cost advances, recorded from its source on 2026-08-18.

- **state:** Connecticut _(verified: appears in the quote below)_
- **statute citation:** Public Act 25-155 (SB 1396), An Act Concerning Earned But Unpaid Wage or Salary Income Advances _(our reading, not quoted from the source)_
- **effective date:** October 1, 2025
- **product classification:** distinct product category; exempt from existing APR caps
- **fee caps:** $4 per transaction fee cap or $30 monthly fee cap _(verified: appears in the quote below)_
- **free option required:** yes — obligates providers to offer ways to receive no-cost advances _(verified: appears in the quote below)_
- **late fees prohibited:** yes — prohibits charging late fees or any other penalty _(verified: appears in the quote below)_
- **collection limits:** prohibits pursuing unpaid amounts through lawsuits or collections; prohibits accepting repayment through credit card _(verified: appears in the quote below)_

## What the source says

> Exempts earned but unpaid wage or salary income advances from existing APR caps and limits the total finance charge to $4 per transaction fee cap or $30 monthly fee cap; Obligates earned wage access providers to give certain disclosures, verify earned but unpaid wage or salary income and offer ways to receive no-cost advances; and Prohibits earned wage access providers from taking certain actions, including, but not limited to, accepting repayment through credit card, pursuing unpaid amounts through lawsuits or collections, charging late fees or any other penalty.

## Source

- https://portal.ct.gov/dob/legislation/legislation/2025-banking-and-related-legislation

Last verified: 2026-08-18. Review by: 2027-02-14.
Part of [State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements](https://referencesource.org/state-earned-wage-access-regulations/).