Rates and Terms
Payday loans are illegal in these states:
Arkansas, Arizona, Alaska, Connecticut, Colorado, District of Columbia, Georgia, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Vermont, West Virginia
Payday loan rates and limits by state
- Alabama - Maximum loan amount: $500; maximum period: 30 days; maximum APR: 456%.
- Alaska - Maximum loan amount: $500; maximum period: 14 days; maximum APR: 520%.
- California - Maximum loan amount: $300; maximum period: 31 days; maximum APR: 459%.
- Delaware - Maximum loan amount: $1000; maximum period: 61 days; maximum APR: 521%.
- Florida - Maximum loan amount: $500; maximum period: 31 days; maximum APR: 419%.
- Idaho - Maximum loan amount: $1000.
- Illinois - Maximum loan amount: $1000; maximum period: 45 days; maximum APR: 403%.
- Indiana - Maximum loan amount: $605; maximum period: 14 days; maximum APR: 390%.
- Iowa - Maximum loan amount: $500; maximum period: 31 days; maximum APR: 433%.
- Kansas - Maximum loan amount: $500; maximum period: 30 days; maximum APR: 390%.
- Kentucky - Maximum loan amount: $500; maximum period: 60 days; maximum APR: 459%.
- Louisiana - Maximum loan amount: $360; maximum period: 60 days; maximum APR: 780%.
- Michigan - Maximum loan amount: $600; maximum period: 31 days; maximum APR: 390%.
- Minnesota - Maximum loan amount: $350; maximum period: 30 days; maximum APR: 390%.
- Mississippi - Maximum loan amount: $500; maximum period: 30 days; maximum APR: 520%.
- Missouri - Maximum loan amount: $500; maximum period: 31 days; maximum APR: 1950%.
- Nebraska - Maximum loan amount: $500; maximum period: 34 days; maximum APR: 459%.
- Nevada - Maximum loan amount: 25% of your income; maximum period: 35 days; maximum APR: 456%.
- North Dakota - Maximum loan amount: $500; maximum period: 60 days; maximum APR: 520%.
- Oklahoma - Maximum loan amount: $500; maximum period: 45 days; maximum APR: 390%.
- Rhode Island - Maximum loan amount: $500; maximum period: 13 days; maximum APR: 260%.
- South Carolina - Maximum loan amount: $550; maximum period: 31 days; maximum APR: 390%.
- Tennessee - Maximum loan amount: $500; maximum period: 31 days; maximum APR: 459%.
- Texas - No maximum loan limits; maximum period: 180 days; no APR limits.
- Utah - No maximum loan limits; maximum period: 10 weeks; no APR limits.
- Virginia - Maximum loan amount: $500; maximum period: 30 days; maximum APR: 687.76%.
- Washington - Maximum loan amount: $700; maximum period: 45 days; maximum APR: 390%.
- Wisconsin - Maximum loan amount: $1500; maximum period: 90 days, with no APR limits.
- Wyoming - No maximum loan limit.; maximum period: 31 days; maximum APR: 780%.