- Payday lending is prohibited in Connecticut.
- Online lenders that offer triple-digit loans to residents anyway may be operating illegally.
- Credit unions, bank small-dollar loans and cash advance apps are legal alternatives.
Why payday loans are not available in Connecticut
Connecticut prohibits payday lending through its interest-rate limits and lending laws, so licensed payday lenders do not operate there.
Some online lenders target Connecticut residents anyway, often claiming tribal or offshore status. A loan that breaks Connecticut law may be void or uncollectable in part. Check any lender on NMLS Consumer Access, and report problems to your state attorney general and the CFPB.
What you can do instead in Connecticut
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Connecticut that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
See more in 12 ways to get emergency cash.
Installment loans in Connecticut
Licensed lenders may still offer personal or installment loans within Connecticut’s rate limits. These usually require a credit check and are repaid over months. Compare offers with our loan calculator.
Tried the free options first?If you still need a small short-term loan, you can send one request to our lender network. Compare the cost carefully.
See loan optionsFrequently asked questions
Are payday loans legal in Connecticut?
No. Connecticut does not allow payday lending.
What can I use instead of a payday loan in Connecticut?
Credit union payday alternative loans, bank small-dollar loans, cash advance apps, and local help through 211.
Is an online payday loan legal if I live in Connecticut?
Lenders generally must follow Connecticut law when lending to residents. Loans that exceed the state’s limits may be illegal; check the lender’s license and report problems to the attorney general and the CFPB.