Payday Loans in your state

Payday Loans in Your USA Home State

The rules you have to know to get the money you need

Regulations for payday loans vary greatly state to state. If you’re a resident of Delaware you can borrow up to $1,000 and have up to 60 days to repay it, while Alaskan borrowers can only borrow $500 and need to pay it back within two weeks. Borrowers in Arizona, Arkansas, and New York will find that payday loans are completely prohibited in their state. The regulations have a huge effect on what lenders can charge and it’s also important for you, as a borrower, to be aware of the regulations and make sure your loan has the right terms, fees, and amount applied.

LendUp Payday Loans

LendUp Payday Loans

Apply for a payday loan conveniently online and borrow between $100 and $250.

  • Min. loan amount: $100
  • Loan term: 7–30 days
  • Total costs: Depends on your state, loan product, loan amount and the term of the loan.
  • Must be 18+ (19+ in Alabama)
  • No security deposit needed
  • Confidential and secure
  • Visit the site to see if available in your state

    Are payday loans available in my state?

    What are lenders allowed to charge you?

    The Annual Percentage Rate, or APR, is one of the main costs you need to worry about with a payday loan. In most states that regulate payday loans, you’ll find the APR is restricted. The restrictions may come in the form of a percentage of what lenders can charge you based on what you borrow. For instance, in South Carolina lenders aren’t able to charge you more than 15% of the amount you are approved for.

    Another regulation you’ll find is a restriction on the total amount you’re able to be charged per year. Such as in New Hampshire, where you won’t be charged more than 36% per year for your payday loan. In Idaho and South Dakota no regulations are imposed, so it’s up to the lender how much they want to charge you.

    Keep in mind that the regulations may only apply to the interest rate, so the lender may also impose certain fees. These usually include late fees or charges, but lenders may also charge you for refinancing your loan or for receiving your loan amount through a prepaid debit card they have offered you. These fees have been regulated in some states – in Missouri you won’t have to pay more than 75% of what you borrow back in interest in fees – but in others they remain at the discretion of the lender.

    Find a payday loan to apply for online

    How much you can borrow and how long you have to repay

    The terms and loan amount are another regulation that is imposed by states. The state with the highest allowable maximum loan amount is Oregon, with borrowers being able to apply for up to $50,000 and having up to 60 days to repay it. Oregon is an exception though, with a typical state-imposed maximum being around $500. You may also find that your state will not allow a lender to approve you for a loan amount that exceeds 25% of your gross monthly income.

    Payday loans are called as such because they’re designed to last until your next payday. This means that a typical loan term will be two weeks to one month. State regulations tend to have kept this as a standard, with many imposing minimum terms of seven or 14 days and maximum terms of 30 or 60 days. Other states, such as Nebraska, have no minimum terms, with the maximum term just being set as 34 days. Colorado is one of the only states to extend the payday loan term, imposing a minimum term of 60 days and no maximum.

    How long you take the loan out for can have a huge bearing on the amount of interest you pay, and it also affects the ease at which you can budget your payments. Make sure the amount you’re borrowing and the payment plan aligns with your budget as well as the prevailing state regulations.

    A selection of loans you can apply for

    Here are some loan providers that you can apply to. Note that the max loan amount is based on the lender’s max amount. The amount will vary based on your state of residence.

    Rates last updated June 23rd, 2017
    Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
    Maximum Loan Amount Term of Loan Turnaround Time
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
    $250 7–30 days Generally receive the money the next business day Go to site More
    OppLoans Installment Loans
    Get a better personal loan of up to $5,000 with 9- to 24-month repayment terms, depending on your state.
    $5,000 9 to 24 months 1 business day Go to site More
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000 Varies by state 1–2 business days Go to site More
    Check City Payday Loan
    Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.
    Depends on state of residency Varies by state Next day Go to site More
    CashNetUSA Loan
    Apply for short term loans, installment loans or lines of credit in 30 states typically with a day’s turnaround.
    $2,250 Varies by state 1 business day Go to site More
    ACE Cash Express Payday Loans
    Quick short term, installment and title loans come with no prepayment penalty and a 72-hour satisfaction guarantee.
    Varies by state Varies by state Generally receive the money the next business day Go to site More

    Have we missed anything in the comparison table? Tell us

    • If the provider quotes a different rate to the one above please let us know

    Payday loans are illegal in my state. What are my options?

    • You won’t be able to apply for a loan online as lenders still have to confirm your state of residence.
    StateLegalAPR RegulationsMax Loan AmtLoan TermsCost per $100Small Loan Rate Cap
    AlabamaYes456.25%$50010 – 31 days$17.50N/A
    AlaskaYes520%$500Min: 14 days$20N/A
    ArizonaNoN/AN/AN/AN/A36% per year plus 5% fee
    ArkansasNoN/AN/AN/AN/A17% per year
    CaliforniaHeavily Regulated459%$300Max: 31 days$17.65N/A
    ColoradoHeavily RegulatedN/A$500Min: 6 Months$7.50N/A
    ConnecticutNoN/AN/AN/AN/A30.03% APR or $17 per $100 up to $600; $11 per $100 up to $1,800; add-on interest
    DelawareYesNo Limit$500 per loan, $1,000 max per borrower at a one timeMax: 60 daysNo LimitN/A
    FloridaYes419%$5007-31 days$16.11N/A
    GeorgiaNoN/AN/AN/AN/A16% per year (10% per year discounted plus fees); 60% per year criminal usury cap
    HawaiiHeavily Regulated459%$600Max: 32 days$17.65N/A
    IdahoYesNo Limit$1,000Not SpecifiedN/AN/A
    IllinoisHeavily Regulated403%lesser of $1000 or 25% gross monthly income13-45 days$15.50N/A
    IndianaHeavily Regulated390%$550 or 20% of gross monthly incomeMin: 14 days$15N/A
    IowaHeavily Regulated433%$500Max: 31 days$16.67N/A
    KansasHeavily Regulated390%$5007-30 days$15N/A
    KentuckyHeavily Regulated459%$50014-60 days$17.65N/A
    LouisianaHeavily Regulated780%$35060 days or less$30N/A
    MaineHeavily RegulatedN/AN/AN/AN/A30% per year on amounts up to $2,000 or a fee of $5 for amounts financed up to $75; $15 for amounts financed $75.01-$249.99; or $25 for amounts financed of $250 or more.
    MarylandNoN/AN/AN/AN/A2.75% per month; 33% per year.
    MassachusettsNoN/AN/AN/AN/A23% plus $20 administrative fee upon the granting of a loan
    MichiganHeavily Regulated390%$600Max: 31 days$15N/A
    MinnesotaHeavily Regulated390%$350Max: 30 days$15N/A
    MississippiHeavily Regulated520%$500Under $250: maximum of 30 days; $250-$500: 28-30 days$20N/A
    MissouriYes1950%$50014-31 days$75N/A
    MontanaHeavily Regulated36%$300Max: 31 days$1.39N/A
    NebraskaHeavily Regulated459%$500Max: 34 days$17.65N/A
    NevadaYesNo Limit25% of expected gross monthly incomeMax: 35 days; up to 90 days allowed if the initial agreement provides for installment payments and is not subject to extensionNo LimitN/A
    New HampshireHeavily Regulated36%$5007-30 days$1.38N/A
    New JerseyNoN/AN/AN/AN/A30% per year
    New MexicoYes416%$2,50014 to 35 days, can be shorter by written agreement$16N/A
    New YorkNoN/AN/AN/AN/A25% per year
    North CarolinaNoN/AN/AN/AN/A36% per year
    North DakotaYes520%$500Max: 60 days$20N/A
    OhioHeavily Regulated28%$500Min: 31 days$1.08N/A
    OklahomaHeavily Regulated390%$50012-45 days$15N/A
    OregonYes156%Not specifiedMin: 31 days$13 for 31 day loanN/A
    PennsylvaniaNoN/AN/AN/AN/A$9.50 per $100 per year interest, plus service charge of $1.50 per $100 per year.
    Rhode IslandYes260%$500Min: 13 days$10N/A
    South CarolinaYes390%$550Max: 31 days$15N/A
    South DakotaYesNo Limit$500Not SpecifiedNo LimitN/A
    TennesseeYes459%$425($500 check)Max: 31 days$17.65N/A
    TexasHeavily Regulated309.47%Not specified7-31 days$11.87N/A
    UtahYesNo LimitNo LimitMay not exceed 10 weeksNo LimitN/A
    VermontNoN/AN/AN/AN/A18% per year
    VirginiaHeavily Regulated687.76%$500Min: 2 pay periods$26.38N/A
    WashingtonHeavily Regulated390%$700 or 30% of gross monthly income, whichever is lessMax: 45 days$15N/A
    West VirginiaNoN/AN/AN/AN/A31% per year on a loan of $2,000 or less
    WisconsinYesNo LimitLesser of $1,500 including fees or 35% gross monthly income90 days or less$30N/A
    WyomingYes780%Not Specified1 calendar monthNo LimitN/A
    Washington DCNoN/AN/AN/AN/A24% per year

    Elizabeth Barry

    As a writer for finder.com, Elizabeth specializes in personal finance, with her passion centring on helping people find better for whatever they're looking for.

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    US Payday Loans Offers

    Learn about our information service
    LendUp Payday Loans

    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

    OppLoans Installment Loans

    Get a better personal loan of up to $5,000 with 9- to 24-month repayment terms, depending on your state.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    Check City Payday Loan

    Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.

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