Rates and Fees by State
Select Your State:
Alabama
Payday Loans are legal in Alabama.
Payday Loan Terms & APR in Alabama (AL)
Maximum Loan Amount
$500
Loan Term
10-31 days
Maximum Finance Rate and Fees
17.50%
Finance Charge for 14-day $100 loan
$17.50
APR for 14-day $100 loan
456%
Alaska
Payday loans are legal in Alaska.
Payday Loan Terms & APR in Alaska (AK)
Maximum Loan Amount
$500
Loan Term
Min: 14 days
Maximum Finance Rate and Fees
15% of the amount advanced
Finance Charge for 14-day $100 loan
$20
APR for 14-day $100 loan
521%
Arizona
Payday loans are prohibited in Arizona.
Payday Loan Terms & APR in Arizona (AZ)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Arkansas
Payday loans are prohibited in Arkansas.
Payday Loan Terms & APR in Arkansas (AR)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
California
Payday Loans are legal in California.
Payday Loan Terms & APR in California (CA)
Maximum Loan Amount
$300
Max Loan Term
31 days
Maximum Finance Rate and Fees
15% of the amount advanced
Finance Charge for 14-day $100 loan
$17.65
APR for 14-day $100 loan
460%
Colorado
Payday Loans are legal, but effectively outlawed in Colorado.
Payday Loan Terms & APR in Colorado (CO)
Maximum Loan Amount
500
Loan Term
Min: 6 months
Maximum Finance Rate and Fees
36%
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Connecticut
Payday Loans are prohibited in Connecticut. Alternatively, small loans are allowed.
Payday Loan Terms & APR in Connecticut (CT)
Maximum Loan Amount
15000
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
12%
Delaware
Payday Loans are legal in Delaware.
Payday Loan Terms & APR in Delaware (DE)
Maximum Loan Amount
$1000
Loan Term
60 days
Maximum Finance Rate and Fees
Not Specified
Finance Charge for 14-day $100 loan
No Limit
APR for 14-day $100 loan
No Limit
District of Columbia
Payday Loans are prohibited in District of Columbia.
Payday Loan Terms & APR in District of Columbia (DC)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Florida
Payday Loans are legal in Florida.
Payday Loan Terms & APR in Florida (FL)
Maximum Loan Amount
$500
Loan Term
7-31 days
Maximum Finance Rate and Fees
Not Specified
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
391%
Georgia
Payday Loans are prohibited in Georgia.
Payday Loan Terms & APR in Georgia (GA)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Hawaii
Payday Loans are legal in Hawaii.
Payday Loan Terms & APR in Hawaii (HI)
Maximum Loan Amount
$600
Max Loan Term
32 days
Maximum Finance Rate and Fees
15%
Finance Charge for 14-day $100 loan
$17.65
APR for 14-day $100 loan
459%
Idaho
Payday Loans are legal in Idaho.
Payday Loan Terms & APR in Idaho (ID)
Maximum Loan Amount
$1000
Loan Term
Not Specified
Maximum Finance Rate and Fees
Not Specified
Finance Charge for 14-day $100 loan
-
APR for 14-day $100 loan
No Limit
Illinois
Payday Loans are legal in Illinois.
Payday Loan Terms & APR in Illinois (IL)
Maximum Loan Amount
$1000
Loan Term
13-45 Days
Maximum Finance Rate and Fees
$15.50 per $100
Finance Charge for 14-day $100 loan
$15.50
APR for 14-day $100 loan
403%
Indiana
Payday Loans are legal in Indiana.
Payday Loan Terms & APR in Indiana (IN)
Maximum Loan Amount
$605
Min Loan Term
14 days
Maximum Finance Rate and Fees
15%: $0-$250; 13%: $251-$400; 10%: $401-$500
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
Iowa
Payday Loans are legal in Iowa.
Payday Loan Terms & APR in Iowa (IA)
Maximum Loan Amount
$500
Max Loan Term
31 days
Maximum Finance Rate and Fees
$15: $0-$100 on face amount of check; $10 per $100 thereafter
Finance Charge for 14-day $100 loan
$16.67
APR for 14-day $100 loan
433%
Kansas
Payday Loans are legal in Kansas.
Payday Loan Terms & APR in Kansas (KS)
Maximum Loan Amount
$500
Loan Term
7-30 days
Maximum Finance Rate and Fees
15% of loan
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
Kentucky
Payday Loans are legal in Kentucky.
Payday Loan Terms & APR in Kentucky (KY)
Maximum Loan Amount
$500
Loan Term
14-60 days
Maximum Finance Rate and Fees
$15 per $100
Finance Charge for 14-day $100 loan
$17.65
APR for 14-day $100 loan
459%
Louisiana
Payday Loans are legal in Louisiana.
Payday Loan Terms & APR in Louisiana (LA)
Maximum Loan Amount
$350
Loan Term
60 days or less
Maximum Finance Rate and Fees
16.75%
Finance Charge for 14-day $100 loan
$30
APR for 14-day $100 loan
780%
Maine
Payday Loans are legal in Maine.
Payday Loan Terms & APR in Maine (ME)
Maximum Loan Amount
$2,000
Loan Term
-
Maximum Finance Rate and Fees
30%
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
391.07%
Maryland
Payday Loans are prohibited in Maryland.
Payday Loan Terms & APR in Maryland (MD)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Massachusetts
Payday Loans are prohibited in Massachusetts.
Payday Loan Terms & APR in Massachusetts (MA)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Michigan
Payday Loans are legal in Michigan.
Payday Loan Terms & APR in Michigan (MI)
Maximum Loan Amount
$600
Max Loan Term
31 days
Maximum Finance Rate and Fees
15% of first $100, 14% of second $100, 13% of third $100, 12% of fourth $100, 11% of fifth $100, 11% of sixth $100
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
Minnesota
Payday Loans are legal in Minnesota.
Payday Loan Terms & APR in Minnesota (MN)
Maximum Loan Amount
$350
Max Loan Term
30 days
Maximum Finance Rate and Fees
$5.50: $0-$50; 10%+$5: $51-$100; 7% (min. $10) + $5: $101-$250; 6% (min. $17.50) + $5: $251-$350 (After default: 2.75% per month)
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
Mississippi
Payday Loans are legal in Mississippi.
Payday Loan Terms & APR in Mississippi (MS)
Maximum Loan Amount
$500
Loan Term
Under $250: maximum of 30 days; $250-$500: 28-30 days
Maximum Finance Rate and Fees
Under $250: $20 per $100 advanced; $250-500: $21.95 per $100 advanced
Finance Charge for 14-day $100 loan
$20
APR for 14-day $100 loan
520%
Missouri
Payday Loans are legal in Missouri.
Payday Loan Terms & APR in Missouri (MO)
Maximum Loan Amount
$500
Loan Term
14-31 days
Maximum Finance Rate and Fees
Not Specified
Finance Charge for 14-day $100 loan
$75
APR for 14-day $100 loan
1950%
Montana
Payday Loans are legal in Montana.
Payday Loan Terms & APR in Montana (MT)
Maximum Loan Amount
$300, up to 25% of monthly net income of borrower
Max Loan Term
31 days
Maximum Finance Rate and Fees
36% APR
Finance Charge for 14-day $100 loan
$1.39
APR for 14-day $100 loan
Not Specified
Nebraska
Payday Loans are legal in Nebraska.
Payday Loan Terms & APR in Nebraska (NE)
Maximum Loan Amount
$500
Max Loan Term
34 days
Maximum Finance Rate and Fees
$15 per $100 or pro rata for any part thereof on amount of check
Finance Charge for 14-day $100 loan
$17.65
APR for 14-day $100 loan
459%
Nevada
Payday Loans are legal in Nevada.
Payday Loan Terms & APR in Nevada (NV)
Maximum Loan Amount
25% of expected gross monthly income
Loan Term
35 days
Maximum Finance Rate and Fees
Not Specified
Finance Charge for 14-day $100 loan
No Limit
APR for 14-day $100 loan
No Limit
New Hampshire
Payday Loans are legal in New Hampshire.
Payday Loan Terms & APR in New Hampshire (NH)
Maximum Loan Amount
$500
Loan Term
7-30 days
Maximum Finance Rate and Fees
36% annual interest
Finance Charge for 14-day $100 loan
$1.38
APR for 14-day $100 loan
36%
New Jersey
Payday Loans are prohibited in New Jersey.
Payday Loan Terms & APR in New Jersey (NJ)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
New Mexico
Payday Loans are legal in New Mexico.
Payday Loan Terms & APR in New Mexico (NM)
Maximum Loan Amount
$5000
Loan Term
120 Days, and loans must have 4 substantially equal payments
Maximum Finance Rate and Fees
175% APR
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
New York
Payday Loans are prohibited in New York.
Payday Loan Terms & APR in New York (NY)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
North Carolina
Payday Loans are prohibited in North Carolina.
Payday Loan Terms & APR in North Carolina (NC)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
North Dakota
Payday Loans are legal in North Dakota.
Payday Loan Terms & APR in North Dakota (ND)
Maximum Loan Amount
$500
Max Loan Term
60 days
Maximum Finance Rate and Fees
20%
Finance Charge for 14-day $100 loan
$20
APR for 14-day $100 loan
520%
Ohio
Payday Loans are legal in Ohio.
Payday Loan Terms & APR in Ohio (OH)
Maximum Loan Amount
$1000
Loan Term
91 days to 1 year. If the monthly payment is less than 6% of gross monthly income or 7% of net monthly income, the loan may be for less than 91 days.
Maximum Finance Rate and Fees
28% APR and the lesser of 10% of the loan maintenance fee or a $30 maintenance fee.
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Oklahoma
Payday Loans are legal in Oklahoma.
Payday Loan Terms & APR in Oklahoma (OK)
Maximum Loan Amount
$500
Loan Term
12-45 days
Maximum Finance Rate and Fees
$15 per $100: $0-$300; an additional fee of $10 per $100: $301-$500
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
Oregon
Payday Loans are legal in Oregon.
Payday Loan Terms & APR in Oregon (OR)
Maximum Loan Amount
$50,000 (Loan limit up to 25%of borrower’s net monthly income if earns $60,000 per year or less.)
Loan Term
31 to 60 days
Maximum Finance Rate and Fees
36% APR interest, one-time $10 per $100 of loan origination fee, up to $30
Finance Charge for 14-day $100 loan
$13 for 31 day loan
APR for 14-day $100 loan
154% APR for 31 day loan
Pennsylvania
Payday Loans are prohibited in Pennsylvania.
Payday Loan Terms & APR in Pennsylvania (PA)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Rhode Island
Payday Loans are legal in Rhode Island.
Payday Loan Terms & APR in Rhode Island (RI)
Maximum Loan Amount
$500
Min Loan Term
13 days
Maximum Finance Rate and Fees
10% of funds advanced
Finance Charge for 14-day $100 loan
$10
APR for 14-day $100 loan
260%
South Carolina
Payday Loans are legal in South Carolina.
Payday Loan Terms & APR in South Carolina (SC)
Maximum Loan Amount
$550
Max Loan Term
31 days
Maximum Finance Rate and Fees
15% of principal
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
South Dakota
Payday Loans are legal in South Dakota.
Payday Loan Terms & APR in South Dakota (SD)
Maximum Loan Amount
$500
Loan Term
Not Specified
Maximum Finance Rate and Fees
36% APR
Finance Charge for 14-day $100 loan
$1.39
APR for 14-day $100 loan
36%
Tennessee
Payday Loans are legal in Tennessee.
Payday Loan Terms & APR in Tennessee (TN)
Maximum Loan Amount
$425 ($500 check)
Max Loan Term
31 days
Maximum Finance Rate and Fees
15% of the face value of the check
Finance Charge for 14-day $100 loan
$17.65
APR for 14-day $100 loan
459%
Texas
Payday Loans are legal in Texas.
Payday Loan Terms & APR in Texas (TX)
Maximum Loan Amount
Not specified
Loan Term
Up to 180 days for CAB agreemen
Maximum Finance Rate and Fees
No cap on Credit Access Business fees. Lender interest capped at 10%.
Finance Charge for 14-day $100 loan
No cap.
APR for 14-day $100 loan
No cap. Regulator reports average cost 410%.
Utah
Payday Loans are legal in Utah.
Payday Loan Terms & APR in Utah (UT)
Maximum Loan Amount
No Limit
Loan Term
May not exceed 10 weeks
Maximum Finance Rate and Fees
No usury limit
Finance Charge for 14-day $100 loan
No Limit
APR for 14-day $100 loan
No Limit
Vermont
Payday Loans are prohibited in Vermont.
Payday Loan Terms & APR in Vermont (UT)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Virginia
Payday Loans are legal in Virginia.
Payday Loan Terms & APR in Virginia (VA)
Maximum Loan Amount
$500
Min Loan Term
2 pay periods
Maximum Finance Rate and Fees
36% annual interest + $5 verification fee + 20% of loan
Finance Charge for 14-day $100 loan
$26.38
APR for 14-day $100 loan
687.76%
Washington
Payday Loans are legal in Washington.
Payday Loan Terms & APR in Washington (WA)
Maximum Loan Amount
$700 or 30% of gross monthly income, whichever is less
Loan Term
Min. 7 days, Max 45 days.
Maximum Finance Rate and Fees
15%: first $500; 10%: remaining portion of the loan in excess of $500 up to the $700 maximum
Finance Charge for 14-day $100 loan
$15
APR for 14-day $100 loan
390%
West Virginia
Payday Loans are prohibited in West Virginia.
Payday Loan Terms & APR in West Virginia (WV)
Maximum Loan Amount
N/A
Loan Term
N/A
Maximum Finance Rate and Fees
N/A
Finance Charge for 14-day $100 loan
N/A
APR for 14-day $100 loan
N/A
Wisconsin
Payday Loans are legal in Wisconsin.
Payday Loan Terms & APR in Wisconsin (WI)
Maximum Loan Amount
Lesser of $1,500 including fees or 35% gross monthly income
Loan Term
90 days or less
Maximum Finance Rate and Fees
No Limit
Finance Charge for 14-day $100 loan
No Limit
APR for 14-day $100 loan
No Limit
Wyoming
Payday Loans are legal in Wyoming.
Payday Loan Terms & APR in Wyoming (WY)
Maximum Loan Amount
Not Specified
Max Loan Term
1 calendar month
Maximum Finance Rate and Fees
the greater of 20% per month or $30
Finance Charge for 14-day $100 loan
$30
APR for 14-day $100 loan
780%
Disclaimer About Fees & Charges
Slickcashloan.com is not a lender and never makes credit decisions. For this reason, the service cannot provide the users of the website with any information regarding the rates and fees associated with particular short-term loan products and the offers, provided by the lenders matched with the users of the website. However, slickcashloan.com is striving hard to ensure that the lenders in our network strictly adhere to all applicable international, federal, state and local regulations and laws and able to provide fair credit practices within the industry.
Short-term loans should be used as a temporary financial instrument and can become very expensive in case this financial product is used for additional terms. Usually, this credit is associated with relatively high financial charges, rates and fees. For this reason, the industry is heavily regulated on federal, state and local levels. Moreover, the number or organizations, either governmental or non-governmental, which provide control over the agents in this industry and establish the best practices and regulative procedures, steadily grow and develop.
In order to protect consumers from unfair lending practices, many states have implemented their own regulations in addition to federal laws. Individual states may govern the terms including but not limited to the maximum allowable loan amount, the charges that lenders are able to apply to loans, the number of rollovers (renewals) and term specifications that are available, the late fees that may be applied and the number of outstanding loans that consumer can have at a time. Follow the link to this official website and this resource to get all the necessary information regarding the regulations in your state. Please check back before applying, as these regulations are subject to changes at any time.
The states in which short-term cash loans are prohibited include but not limit to Arkansas, New York, Vermont and West Virginia. This list is not exhaustive and subject to changes at any time without prior notice. Please, check the official websites listed above to follow the changes in state regulations regarding short-term lending.
