All 50 states, DC and 8,618 cities
Payday Loan Laws and Costs by State
Payday lending is regulated state by state. Pick your state to see whether payday loans are legal, the limits that apply, typical costs and cheaper local options.
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Payday loans are legal 27
Single-payment payday loans are offered under state law. Typical APRs are from the Center for Responsible Lending (June 2023, state regulator data).
- ALAlabama456% typical APR
- AKAlaska424% typical APR
- CACalifornia460% typical APR
- DEDelaware639% typical APR
- FLFlorida293% typical APR
- IDIdaho475% typical APR
- INIndiana372% typical APR
- IAIowa247% typical APR
- KSKansas391% typical APR
- KYKentucky450% typical APR
- LALouisiana410% typical APR
- MEMaine228% typical APR
- MIMichigan356% typical APR
- MSMississippi572% typical APR
- MOMissouri652% typical APR
- NVNevada548% typical APR
- NDNorth Dakota521% typical APR
- OKOklahoma424% typical APR
- OROregon140% typical APR
- RIRhode Island261% typical APR
- SCSouth Carolina391% typical APR
- TNTennessee460% typical APR
- TXTexas662% typical APR
- UTUtah543% typical APR
- WAWashington391% typical APR
- WIWisconsin537% typical APR
- WYWyoming316% typical APR
Installment-style small loans only 3
Traditional two-week payday loans were replaced by longer, lower-cost installment loans.
Rate capped at about 36% APR 8
Payday lenders generally do not operate under these caps.
Payday loans not allowed 13
Payday lending is prohibited by state law.
Sources: Center for Responsible Lending payday rate map (June 2023), updated for later laws in Minnesota (2024), Louisiana (2025), Kentucky (2026) and Rhode Island (36% cap from January 1, 2027). See payday loan laws by state for an overview.