- Payday loans are legal in Maine under the Maine Consumer Credit Code (Title 9-A).
- The typical APR on a $400 payday loan in Maine was 228% (CRL, June 2023, from state regulator data).
- We could not verify a fee cap for Maine; check current limits with the Maine Bureau of Consumer Credit Protection.
Payday loan rules in Maine
| Rule | Maine |
|---|---|
| Licensing | Lenders must be licensed by the Bureau of Consumer Credit Protection |
| Fees | Maine limits fees on small loans; check the Bureau for current limits |
Rules checked 2026-10-04. Laws change, so confirm current limits with the Maine Bureau of Consumer Credit Protection.
What a payday loan costs in Maine
The Center for Responsible Lending found the typical APR on a $400 single-payment payday loan in Maine was 228%, based on data from the state regulator (June 2023). Use our cost calculator to turn any offer into an APR.
Most payday loans are due in one payment on your next payday. If repaying leaves you short again, ask about an extended payment plan and avoid renewals.
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
How to check a lender in Maine
- Make sure the lender is licensed by the Maine Bureau of Consumer Credit Protection. Many lenders can also be looked up on NMLS Consumer Access.
- Get the APR and finance charge in writing before you sign. Federal law requires them.
- Be careful with online lenders that say Maine law does not apply to them because they are tribal or offshore.
- File complaints with the state regulator and the CFPB.
Cheaper options in Maine
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Maine 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.
Maine cities
Local guides for 23 Maine cities and towns, with credit unions, nearby towns and the rules that apply.
- Payday loans in Portland
- Payday loans in Lewiston
- Payday loans in Bangor
- Payday loans in South Portland
- Payday loans in Auburn
- Payday loans in Sanford
- Payday loans in Biddeford
- Payday loans in Westbrook
- Payday loans in Saco
- Payday loans in Augusta
- Payday loans in Waterville
- Payday loans in Brewer
- Payday loans in Ellsworth
- Payday loans in Bath
- Payday loans in Presque Isle
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 Maine?
Yes. Payday lending is legal in Maine under the Maine Consumer Credit Code (Title 9-A) and is regulated by the Maine Bureau of Consumer Credit Protection.
What is the typical payday loan APR in Maine?
The Center for Responsible Lending reported a typical APR of 228% on a $400 payday loan in Maine, using state regulator data (June 2023).
Where can I complain about a payday lender in Maine?
Contact the Maine Bureau of Consumer Credit Protection and file a complaint with the Consumer Financial Protection Bureau.