- Payday loans in Crown Point follow Indiana law (Indiana Small Loan law (IC 24-4.5-7)).
- Borrowing $300 at the state maximum costs $44.
- 1 credit union is headquartered in Crown Point; ask about small-dollar loans before borrowing.
Crown Point at a glance
| Crown Point | |
|---|---|
| Population (2024 Census estimate) | 35,097 |
| Change since 2020 | +3.2% (growing) |
| County | Lake County |
| Size rank among 482 Indiana places we cover | 29th |
| Share of Indiana’s population | 0.5% |
| Nearest larger city | Merrillville (about 5 miles) |
| Credit unions headquartered in town (NCUA) | 1 |
| Credit unions headquartered in Lake County | 16 |
| Other towns within 25 miles | 31 (about 540,236 residents) |
| Typical payday APR statewide (CRL 2023) | 372% |
There is no separate Crown Point payday law: Indiana rules apply here, and any lender serving Crown Point residents, online or in person, needs a license from the Indiana Department of Financial Institutions.
Credit unions in Crown Point
These credit unions have their main office in Crown Point, according to NCUA call report data (June 2026):
- Tech Credit Union (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Crown Point
In short, Indiana rules that cover Crown Point include: maximum loan: $605, and no more than 20% of your gross monthly income; maximum fee: 15% of the first $250, 13% of $251–$400, 10% of $401–$605; minimum term: 14 days. See the full Indiana payday loan rules.
What a $300 loan costs in Crown Point
At Indiana’s maximum fee, borrowing $300 costs $44. Statewide, the typical APR on a $400 payday loan was 372% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Lake County before you borrow
Before a payday loan, Crown Point residents can usually find something cheaper:
- Local assistance through 211 covering Lake County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Crown Point
The nearest larger city is Merrillville, about 5 miles away. See all 482 Indiana cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Crown Point?
Yes. Payday loans are legal in Crown Point under Indiana state law, and lenders must be licensed by the Indiana Department of Financial Institutions.
How much does a payday loan cost in Crown Point?
At Indiana’s maximum fee, borrowing $300 costs $44. The typical statewide APR was 372% in 2023.
Are there credit unions in Crown Point?
Yes. NCUA data lists 1 credit union with a main office in Crown Point, including Tech Credit Union.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Indiana DFI — Small loan law borrower rights
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary