- Payday loans in Scott follow Missouri law (RSMo 408.500, 408.505 and 408.506).
- Borrowing $300 at the state maximum costs Up to 75% of the loan over its whole life, including renewals.
- The nearest larger city is Cape Girardeau, about 6 miles away.
Scott at a glance
| Scott | |
|---|---|
| Population (2024 Census estimate) | 4,432 |
| Change since 2020 | +2.1% (growing) |
| Counties | Cape Girardeau County and Scott County |
| Size rank among 608 Missouri places we cover | 155th |
| Nearest larger city | Cape Girardeau (about 6 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in these counties | 3 |
| Other towns within 25 miles | 15 (about 88,017 residents) |
| Typical payday APR statewide (CRL 2023) | 652% |
Payday lending in Scott follows Missouri state law. Lenders that serve Scott, in a store or online, must be licensed by the Missouri Division of Finance.
Credit unions near Scott
No credit union has its main office in Scott, but these are based elsewhere in Cape Girardeau County (NCUA, June 2026):
- Highway Crossroads Credit Union in Sikeston (state charter)
- Sikeston Public Schools Credit Union in Sikeston (state charter)
- St. Augustine Credit Union in Kelso (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 Scott
The main Missouri rules for a payday loan in Scott: maximum loan: $500; loan term: 14 to 31 days; cost cap: interest and fees capped at 75% of the initial loan, including all renewals. See the full Missouri payday loan rules.
What a $300 loan costs in Scott
At Missouri’s maximum fee, borrowing $300 costs Up to 75% of the loan over its whole life, including renewals. Statewide, the typical APR on a $400 payday loan was 652% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Cape Girardeau County before you borrow
- Call or text 211 for help with rent, utilities and food in Cape Girardeau County.
- 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 Scott
The nearest larger city is Cape Girardeau, about 6 miles away. See all 608 Missouri 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 Scott?
Yes. Payday loans are legal in Scott under Missouri state law, and lenders must be licensed by the Missouri Division of Finance.
How much does a payday loan cost in Scott?
At Missouri’s maximum fee, borrowing $300 costs Up to 75% of the loan over its whole life, including renewals. The typical statewide APR was 652% in 2023.
Where is the nearest credit union to Scott?
No credit union is headquartered in Scott, but Highway Crossroads Credit Union is based in Sikeston, also in Cape Girardeau County.
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)
- Missouri Division of Finance — Payday lenders
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary