In Concord, New Hampshire, the House Commerce Committee is considering the reinstatement of high-interest short term loans, Foster's Daily Democrat reports. Sarah Mattson, a New Hampshire Legal Assistance attorney, worries that there isn't enough protection for borrowers who are unable to pay off their loan early. Borrowers sign over the title of their car to the lender, and if they are unable to pay their loan within a month, they risk losing their car. The House overrode Governor John Lynch's veto to ban short term loans in the state, and currently the decision lies in the hands of the Senate, the news source states. "You pay off your loan with your paycheck. You don't have money for rent. And you get a new one while you are in the store," Mattson said. "There is nothing to prevent back-to-back loans." Representative Fred Rice told the House panel that regardless of Mattson's viewpoint, the issue comes down to free enterprise. If a borrower plans accordingly before taking a short term loan, borrowing can be an effective and safe way to pay for monthly bills. Short term loans should be viewed as a means to help an individual get by, not as a last resort. According to the news source, the legislation on short term loans in New Hampshire will likely pass.