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Compare your loan options in Idaho

All the information you need to get a payday loan in Idaho.

When you have unplanned expenses and are on a tight budget, a payday loan could be helpful. Payday loans, a type of short-term loan, give you quick access to money when you need it. Read on to find out about the laws in Idaho and everything else you should know about how payday advances work.

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Name Product Filter Values Loan amount Turnaround time Requirements
Smart Advances
Not rated yet
Smart Advances
$100 to $20,000
As soon as one business day after loan closing
Have a regular income, 18+ years old, be a U.S. citizen with a valid SSN, have an open bank account, meet any additional requirements your lender may have
Smart Advances was designed to help you request the loan you need, for any reason.
Cash App
Not rated yet
Cash App
$20 to $200
Same day
Deposit at least $1,000 per month into your Cash App account
EarnIn
Not rated yet
EarnIn
Get up to $100 per day or $750 per pay period.
1 to 2 business days, or in minutes with Lightning Speed.
Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work
No mandatory fees, no interest, and no credit checks. Subject to EarnIn terms & conditions
Cleo
Not rated yet
Cleo
$20 to $250
3 to 4 days standard transfer. Same day with $3.99 express fee.
Not stated
Automatically monitor your spending plus access cash advances up to $100 at a time.
Albert
Not rated yet
Albert
Up to $250
2–3 business days or instant for a fee
Checking account 2+ months old receiving direct deposit, 2+ months working for the same employer, positive account balance, most recent paycheck was on-time, funds still available in bank account 24 hours after most recent payday.
Advance up to $250 from your paycheck plus get access to your paychecks up to 2 days early with direct deposit.
Brigit
Not rated yet
Brigit
Up to $250
1 to 3 business days or instant with a fee of $0.99 to $3.99, or a $9.99/mo. subscription with small fee, or free with $14.99/mo. subscription.
Bank account must have at least 60 days of activity, Balance must be above $0 and have an average minimum balance on pay day
Have up to $250 automatically deposited into your account — for a $9.99 membership fee.
LendYou Short-term Loans
Finder Rating: 2.5 / 5: ★★★★★
LendYou Short-term Loans
Up to $1,000 for payday loans and up to $5,000 for installment loans
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
MoneyLion Instacash advances
Up to $500 or $1,000 with RoarMoney account
Up to 5 days or instant for a fee of $0.49 to $8.99
Bank account must have at least 60 days of activity, show recurring deposits and must have a positive balance
Fee-free, interest-free cash advances up to $250.
Fast5kLoans Short-term Loans Connection Service
Finder Rating: 3.5 / 5: ★★★★★
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
Smart Advances
Not rated yet
Smart Advances
$100 to $20,000
As soon as one business day after loan closing
Have a regular income, 18+ years old, be a U.S. citizen with a valid SSN, have an open bank account, meet any additional requirements your lender may have
Smart Advances was designed to help you request the loan you need, for any reason.
Cash App
Not rated yet
Cash App
$20 to $200
Same day
Deposit at least $1,000 per month into your Cash App account
EarnIn
Not rated yet
EarnIn
Get up to $100 per day or $750 per pay period.
1 to 2 business days, or in minutes with Lightning Speed.
Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work
No mandatory fees, no interest, and no credit checks. Subject to EarnIn terms & conditions
Cleo
Not rated yet
Cleo
$20 to $250
3 to 4 days standard transfer. Same day with $3.99 express fee.
Not stated
Automatically monitor your spending plus access cash advances up to $100 at a time.
Albert
Not rated yet
Albert
Up to $250
2–3 business days or instant for a fee
Checking account 2+ months old receiving direct deposit, 2+ months working for the same employer, positive account balance, most recent paycheck was on-time, funds still available in bank account 24 hours after most recent payday.
Advance up to $250 from your paycheck plus get access to your paychecks up to 2 days early with direct deposit.
Brigit
Not rated yet
Brigit
Up to $250
1 to 3 business days or instant with a fee of $0.99 to $3.99, or a $9.99/mo. subscription with small fee, or free with $14.99/mo. subscription.
Bank account must have at least 60 days of activity, Balance must be above $0 and have an average minimum balance on pay day
Have up to $250 automatically deposited into your account — for a $9.99 membership fee.
LendYou Short-term Loans
Finder Rating: 2.5 / 5: ★★★★★
LendYou Short-term Loans
Up to $1,000 for payday loans and up to $5,000 for installment loans
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
MoneyLion Instacash advances
Up to $500 or $1,000 with RoarMoney account
Up to 5 days or instant for a fee of $0.49 to $8.99
Bank account must have at least 60 days of activity, show recurring deposits and must have a positive balance
Fee-free, interest-free cash advances up to $250.
Fast5kLoans Short-term Loans Connection Service
Finder Rating: 3.5 / 5: ★★★★★
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
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Payday loans can be helpful if you know how to budget and make sure that your lender is obeying all the state regulations. Familiarize yourself with this information before applying so you know exactly how much a short-term loan may cost you.

Yes, payday loans are legal in Idaho. Idaho Statute 28-46-401 et seq. governs the functioning of all payday lenders in this state. Under this chapter, businesses must obtain a license to offer payday loans, and a lender must have a separate license for every location where it offers loans.

Six guidelines Idaho payday loans must abide by:

  1. Maximum loan amount: $1,000 or 25% of an individual’s gross monthly income
  2. Maximum loan term: None
  3. Minimum loan term: None
  4. APR: There is no maximum APR specified
  5. Rollovers: Borrowers are allowed 3 rollovers (renewals)
  6. Repayment plan: Lenders are required to offer a 60-day payment plan with four equal installment payments

Fees and charges to expect

As with all payday loans, you should approach borrowing with extreme caution. Idaho law doesn’t specify how high the interest and financing fees can get, so when you are offered a loan contract, be sure you read how much the total loan will cost you.

  • Financing fee: None specified
  • Maximum interest: None specified
  • Late payment fee: A one-time fee of $25

A lender may not charge any additional fees and may not charge a fee for a 60-day repayment plan.
Want to find a lower cost alternative? Here are your options

What an Idaho payday loan can offer you

If you’re going through a fiancnial rough patch, a payday loan could be what you need to get by. These are viable for people with bad credit and few other options of getting credit, but keep in mind that loans are high-cost.
The interest and fees you may have to pay depends on the lender. So before you apply, check out a payday loan broker to compare your offered rates.

How getting multiple payday loans works in Idaho

Idaho law doesn’t require a cooling off period between loans. However, it’s a good idea to wait between loans to avoid spending extra money on interest.
Payday lenders in Idaho don’t have to offer extended payment plans more than once in a 12 month period. If you sign up for a 60-day extended repayment plan, a lender shouldn’t charge you additional fees.

How to apply

Lenders have different requirements for who can apply for a loan, but this is the general information you’ll need.
Eligibility criteria:

  • You should be at least 18 years of age
  • You should be an American citizen or a permanent resident of the US
  • You should have a regular source of income

Required information:

  • Your name, date of birth, Social Security number and a valid form of ID
  • Your address, email and phone number
  • Details about your employment and income
  • Details about your bank checking account

Don’t overlook government assistance

Depending on your financial situation, you could be eligible for free assistance from your local government. You may want to look into the Idaho Food Bank, 2-1-1 Idaho CareLine, Information and Referral- Boise (Westgate) Office or other area-specific programs. These can get you the help you need without pushing you further into debt.

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