All of the basic info on Payday Loans Amounts, Terms, prices, as well as other Conditions is summed up within the dining dining table below:
Payday loans prices and Terms
| State | Legal reputation | optimum Loan Amount | Minimum Loan Amount | optimum Loan Term | Minimum Loan Term | Repayment Term | optimum APR | Minimum APR | Average APR | Finance Charges Period that is cooling-off Alabama | $500 | $100 | 31 day(s) | 10 day(s) | 10-31 times | 456.25% | N/A | 300.00% | 17.5per cent associated with the quantity advanced | 1 company Alaska | Legal | $500 | N/A | N/A | 14 day(s) | N/A | 520.00 day% | N/A | N/A | 15% for the amount advanced level | 14 company days |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Arizona | Available (with a few limitations) | N/A | N/A | N/A | N/A | N/A | 36.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Arkansas | Prohibited | N/A | N/A | N/A | N/A | N/A | 17.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| California | Legal | $300 | N/A | 31 day(s) | N/A | as much as 31 days | 460.00% | N/A | N/A | 15% of this amount advanced level | None | ||||||||||||||||||||
| Colorado | Legal | $500 | N/A | N/A | 180 day(s) | N/A | 36.00per cent | N/A | N/A | $300 = 20$ + 7.5% of any extortionate quantity | None | ||||||||||||||||||||
| Connecticut | Illegal | N/A | N/A | N/A | N/A | N/A | 30.03% | N/A | N/A | $17 per $100 as much as $600; $11 per $100 as much as $1,800; add-on interest | N/A | ||||||||||||||||||||
| Delaware | Legal | $1000 | N/A | 60 day(s) | N/A | 60 | N/A | N/A | 521.00% | Not restricted | None | ||||||||||||||||||||
| District of Columbia | Available (with a few restrictions) | N/A | N/A | N/A | N/A | N/A | 24.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Florida | Legal | $500 | N/A | 31 day(s) | 7 day(s) | 7 – 31 times | 419.00% | N/A | 304.00% | 10% for every single $100 | twenty four hours | ||||||||||||||||||||
| Georgia | Available (with a few restrictions) | N/A | N/A | N/A | N/A | N/A | 10.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Hawaii | Legal | $600 | N/A | 32 day(s) | N/A | 32 times | 459.00% | N/A | N/A | Not significantly more than 15per cent for the loan quantity | N/A | ||||||||||||||||||||
| Idaho | Legal | $1000 | N/A | N/A | N/A | N/A | 652.00% | N/A | N/A | N/A | None | ||||||||||||||||||||
| Illinois | Legal | $1000 | N/A | 120 day(s) | 13 day(s) | 13 – 120 times | 403.00% | N/A | N/A | $15.50 for $100 borrowed for two weeks | seven days | ||||||||||||||||||||
| Indiana | Legal | $605 | $50 | 30 s that are day( | 14 day(s) | 14 – thirty day period | 390.00% | N/A | N/A | $15 for $100 borrowed for two weeks | seven days after 6 loans that are consecutive | Legal | $500 | N/A | 31 day(s) | N/A | as much as 31 times | 433.00% | N/A | 337.00% | $15: $0-$100 on face quantity of check; ten dollars per $100 thereafter | None | |||||||||
| Kansas | appropriate | $500 | N/A | 7 day(s) | 30 day(s) | 7 – thirty days | 390.00% | N/A | N/A | 15percent of that loan | None | ||||||||||||||||||||
| Kentucky | Legal | $500 | N/A | 60 day(s) | 14 day(s) | 14 – 60 times | 460.00% | N/A | N/A | $15 per $100 on face value of check + $1 database cost | None | ||||||||||||||||||||
| Louisiana | Legal | $350 | N/A | 60 day(s) | N/A | as much as 60 times | 780.00% | N/A | 391.00% | 16.75% of face-value of check, + $10 paperwork cost (After standard: months 1-12: 36percent each year; months 13 and beyond: 18% each year) | None | ||||||||||||||||||||
| Maine | Available (with a few limitations) | $2000 | N/A | N/A | N/A | N/A | 30.00% | N/A | N/A | $5 for amounts financed as much as $75; $15 minimal fee for quantities financed of $75.01-$249.99; or $25 for quantities financed of $250 or even more | N/A | ||||||||||||||||||||
| Maryland | Available (with a few restrictions) | N/A | N/A | N/A | N/A | N/A | 33.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Massachusetts | Available (with a few restrictions) | N/A | N/A | N/A | N/A | N/A | 23.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Michigan | Legal | $600 | N/A | 31 day(s) | N/A | as much as 31 times | 390.00% | N/A | N/A | 15% – 11% of this loan quantity | None | ||||||||||||||||||||
| Minnesota | Legal | $350 | N/A | 30 day(s) | N/A | as much as thirty days | 390.00% | N/A | 200.00% | $5.50: $0-$50; 10%+$5: $51-$100; 7per cent (min. $10) + $5: $101-$250; 6per cent (min. $17.50) + $5: $251-$350 (After standard: 2.75% per month) | N/A | ||||||||||||||||||||
| Mississippi | Legal | $500 | N/A | 30 day(s) | N/A | as much as 30 days | 520.00% | N/A | N/A | Under $250: $20 per $100 advanced; $250-500: $21.95 per $100 advanced | N/A | ||||||||||||||||||||
| Missouri | Legal | $500 | N/A | 31 day(s) | 14 day(s) | 14 – 31 times | 1950.00% | N/A | 443.00% | maximum 75% of this loan that is initial | None | ||||||||||||||||||||
| Montana | Legal | $300 | $50 | 31 day(s) | 14 day(s) | 14 – 31 times | 36.00% | N/A | N/A | $1.39 for a $100 loan provided for just two months | None | ||||||||||||||||||||
| Nebraska | Legal | $500 | N/A | 34 s that are day( | N/A | as much as 34 times | 460.00% | N/A | N/A | $15 per $100 | None | ||||||||||||||||||||
| Nevada | Legal | N/A | N/A | 35 day(s) | N/A | as much as 35 times | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| brand New Hampshire | Illegal | $500 | N/A | 30 day(s) | 7 day(s) | 7 – 1 month | 36.00% | N/A | N/A | $1.38 for $100 for two weeks | 60 times | ||||||||||||||||||||
| brand New Jersey | Available (with a few limitations) | N/A | N/A | N/A | N/A | N/A | 30.00% | N/A | N/A | N/A | None | ||||||||||||||||||||
| brand brand New Mexico | Available (with a few restrictions) | $2500 | N/A | 35 day(s) | N/A | as much as 35 times | 416.00% | N/A | N/A | $15.50 per $100 and a $0.50 verification fee per $100 | 10 times | ||||||||||||||||||||
| ny | prohibited | N/A | N/A | N/A | N/A | N/A | 25.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| North Carolina | Available (with a few restrictions) | N/A | N/A | N/A | N/A | N/A | 36.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| North Dakota | Legal | $500 | N/A | 60 day(s) | N/A | as much as 60 days | 520.00% | N/A | N/A | 20% associated with quantity advanced level | 3 days | ||||||||||||||||||||
| Ohio | Legal | $1000 | N/A | 91 day(s) | 365 s that are day( | 91 times – 12 months | 28.00percent | N/A | N/A | 28% | ninety days | ||||||||||||||||||||
| Oklahoma | Legal | $500 | N/A | 45 day(s) | 12 day(s) | 12 – 45 times | 390.00% | N/A | N/A | $300 = ten dollars for almost any extra $100 | 2 company times after 5 loans that are consecutive | Legal | $50000 | N/A | 60 day(s) | 31 day(s) | 31 – 60 times | 36.00% | N/A | N/A | 36% APR | 7 days | |||||||||
| Pennsylvania | Available (with a few limitations) | N/A | N/A | N/A | N/A | N/A | 6.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Rhode Island | Legal | $500 | N/A | N/A | 13 day(s) | perhaps not reduced than 13 times | 260.00% | N/A | N/A | 10% regarding the quantity advanced level | None | ||||||||||||||||||||
| South Carolina | Legal | $550 | N/A | 31 day(s) | N/A | up to 31 times | 390.00% | N/A | N/A | 15% for the quantity advanced level | 2 business days after 8 consecutive loans | ||||||||||||||||||||
| Southern Dakota | prohibited | $500 | N/A | N/A | N/A | N/A | N/A | 36.00% | N/A | $1.39 for a $100 loan offered for 2 days | N/A | ||||||||||||||||||||
| Tennessee | Legal | $500 | N/A | 31 day(s) | N/A | as much as 31 times | 459.00% | N/A | N/A | 15% regarding the level of the check | 3 times | ||||||||||||||||||||
| Texas | Legal | N/A | N/A | 180 day(s) | N/A | as much as 180 days | 410.00% | N/A | N/A | $30 = $1 for every $5 $30 – $100 = 1/10 of this loan amount + $3 /mo ( $70) $100 = $10 + $4/mo for every single $100 | N/A | ||||||||||||||||||||
| Utah | Legal | N/A | N/A | 70 day(s) | N/A | as much as 70 times | 658.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Vermont | Prohibited | N/A | N/A | N/A | N/A | N/A | 18.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Virginia | Legal | $500 | N/A | 30 day(s) | N/A | as much as thirty day period | 687.00% | N/A | N/A | 36% yearly interest + $5 verification cost + 20% of loan | one day | ||||||||||||||||||||
| Washington | Legal | $700 | N/A | 45 day(s) | N/A | 45 times | N/A | N/A | 390.00% | $500 = 10% | None | ||||||||||||||||||||
| Western Virginia | Prohibited | $2000 | N/A | N/A | N/A | N/A | 31.00% | N/A | N/A | N/A | N/A | ||||||||||||||||||||
| Wisconsin | Legal | $1500 | N/A | 90 day(s) | N/A | as much as ninety days | 574.00% | N/A | N/A | 2.75% a thirty days | twenty four hours | ||||||||||||||||||||
| wyoming | appropriate | n/a | n/a | 30 day(s) | n/a | n/a | 780.00% | N/A | 260.00% | $30 (or 20% each month) | n/A loans that are payday and Terms
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