- Payday loans in Grand Isle follow Louisiana law (Louisiana Deferred Presentment and Small Loan Act, as amended by Act 510 (2025)).
- Borrowing $300 at the state maximum costs $50.25 (16.75%) plus a $10 documentation fee.
- The nearest larger city is Houma, about 48 miles away.
Grand Isle at a glance
| Grand Isle | |
|---|---|
| Population (2024 Census estimate) | 991 |
| Change since 2020 | -1.4% (shrinking) |
| County | Jefferson Parish |
| Size rank among 256 Louisiana places we cover | 157th |
| Nearest larger city | Houma (about 48 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Jefferson Parish | 12 |
| Other towns within 25 miles | 1 (about 1,634 residents) |
| Typical payday APR statewide (CRL 2023) | 410% |
Payday lending in Grand Isle follows Louisiana state law. Lenders that serve Grand Isle, in a store or online, must be licensed by the Louisiana Office of Financial Institutions.
Credit unions near Grand Isle
No credit union has its main office in Grand Isle, but these are based elsewhere in Jefferson Parish (NCUA, June 2026):
- the New Orleans Firemen'S Federal Credit Union in Metairie (federal charter — may offer payday alternative loans (PALs))
- Epic Federal Credit Union in Metairie (federal charter — may offer payday alternative loans (PALs))
- New Orleans Public Belt Railroad Federal Credit Union in New Orleans (federal charter — may offer payday alternative loans (PALs))
- Fleur-De-Lis Federal Credit Union in Metairie (federal charter — may offer payday alternative loans (PALs))
- Pan Amoco Federal Credit Union in Metairie (federal charter — may offer payday alternative loans (PALs))
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.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Payday loan rules that apply in Grand Isle
The main Louisiana rules for a payday loan in Grand Isle: maximum loan: $700 since August 1, 2025 (was $350); OFI publishes an annual adjustment; maximum fee: 16.75% of the amount advanced, plus a $10 documentation fee (the old $45 cap was removed); loan term: up to 30 days. See the full Louisiana payday loan rules.
What a $300 loan costs in Grand Isle
At Louisiana’s maximum fee, borrowing $300 costs $50.25 (16.75%) plus a $10 documentation fee. Statewide, the typical APR on a $400 payday loan was 410% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Jefferson Parish before you borrow
- Call or text 211 for help with rent, utilities and food in Jefferson Parish.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Grand Isle
- Golden Meadow · 19 mi
- Jean Lafitte · 38 mi
- Lockport · 42 mi
- Houma · 48 mi
- Gretna · 48 mi
- Westwego · 48 mi
The nearest larger city is Houma, about 48 miles away. See all 256 Louisiana 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 Grand Isle?
Yes. Payday loans are legal in Grand Isle under Louisiana state law, and lenders must be licensed by the Louisiana Office of Financial Institutions.
How much does a payday loan cost in Grand Isle?
At Louisiana’s maximum fee, borrowing $300 costs $50.25 (16.75%) plus a $10 documentation fee. The typical statewide APR was 410% in 2023.
Where is the nearest credit union to Grand Isle?
No credit union is headquartered in Grand Isle, but the New Orleans Firemen'S Federal Credit Union is based in Metairie, also in Jefferson Parish.
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)
- Louisiana OFI — 2025 deferred presentment and small loan legislation
- Louisiana OFI — Payday loans pamphlet
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary