Payday Loan Regulations By State

Many states enforce specific regulations on payday loans, so where you live can affect the terms and conditions of your loan, or prohibit you completely from getting a cash advance. For example, some states limit the amount of time you can take out a payday loan, while others set a maximum loan amount. Learn about the regulations in your state, and double check with your lender if you have any additional questions about how you can receive your next payday loan.

States Prohibiting Payday Loans
Some states prohibit payday loans, either explicitly or through small loan rate caps. Refer to the list below to find out if your state has any type of restrictions on payday loans.

Payday Loans Prohibited

Arizona	Arkansas	Connecticut	Georgia	Maryland
Massachusetts	New York	New Jersey	North Carolina	Pennsylvania
Vermont	West Virginia	Washington, DC

States With Small Loan Rate Caps
Rather than strictly prohibiting payday loans, the following states restrict the amount of annual interest charged on small loans. Some have an outright cap, while others provide for tiered rates depending on the loan amount and repayment time.

Colorado	Maine	Montana
New Hampshire	Ohio	Oregon

States With Few or No Regulations
The following states either have no regulations on payday loans or allow interest rates in the triple digits. These are the easiest states for consumers to receive payday loans.

Alabama	Alaska	California	Delaware	Florida
Hawaii	Idaho	Illinois	Indiana	Iowa
Kansas	Kentucky	Louisiana	Michigan	Minnesota
Mississippi	Missouri	Nebraska	Nevada	New Mexico
North Dakota	Oklahoma	South Carolina	South Dakota	Tennessee
Texas	Utah	Virginia	Washington	Wisconsin
Wyoming

For a full list of payday loan regulations listed by state, visit the National Conference of State Legislatures for a quick reference. Online lenders generally also list specific restrictions by state to help guide you through the loan application.