- Payday loans in Natchez 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 Alexandria, about 43 miles away.
Natchez at a glance
| Natchez | |
|---|---|
| Population (2024 Census estimate) | 483 |
| Change since 2020 | -1.2% (shrinking) |
| County | Natchitoches Parish |
| Size rank among 256 Louisiana places we cover | 215th |
| Nearest larger city | Alexandria (about 43 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Natchitoches Parish | 1 |
| Other towns within 25 miles | 7 (about 21,298 residents) |
| Typical payday APR statewide (CRL 2023) | 410% |
Payday lending in Natchez follows Louisiana state law. Lenders that serve Natchez, in a store or online, must be licensed by the Louisiana Office of Financial Institutions.
Credit unions near Natchez
No credit union has its main office in Natchez, but these are based elsewhere in Natchitoches Parish (NCUA, June 2026):
- Engage Federal Credit Union in Natchitoches (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.
Payday loan rules that apply in Natchez
The main Louisiana rules for a payday loan in Natchez: 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 Natchez
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 Natchitoches Parish before you borrow
- Call or text 211 for help with rent, utilities and food in Natchitoches 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 Natchez
The nearest larger city is Alexandria, about 43 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 Natchez?
Yes. Payday loans are legal in Natchez under Louisiana state law, and lenders must be licensed by the Louisiana Office of Financial Institutions.
How much does a payday loan cost in Natchez?
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 Natchez?
No credit union is headquartered in Natchez, but Engage Federal Credit Union is based in Natchitoches, also in Natchitoches 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