Loans Near me

Company	Loan amount	APR	Reviews	Min. Age
	50 - 25,000 $	153.65 %	0 reviews	21 years	Details Apply now
$25,000 Borrow up to 10 days - 1 month Term of loan Accepts Bad Credit Weekend payout Regular income Income requirements 1 day Estimated payment Details
	100 - 5,000 $	From 89.00 - 449.00 %	0 reviews	18 years	Details Apply now
$ 3,500 Borrow up to 10 days - 2 years Term of loan Accepts Bad Credit Weekend payout Regular income Income requirements As early as the same day Estimated payment Details
	1,000 - 35,000 $	5.99 %	0 reviews	18 years	Details Apply now
$35,000 Borrow up to 3 months - 6 years Term of loan Accepts Bad Credit Weekend payout Steady income Income requirements 1 - 3 business days Estimated payment Details

Loans Near me

Are you dealing with a financial emergency and need cash fast to find relief? A payday loan may be a viable option if you don’t have time to research lenders or can’t get a personal loan because of past credit woes. You have the option to secure funds from a brick-and-mortar lender or online, depending on which option best suits your needs.

Either way, you could have cash in hand (or in your bank account) the same day or within 24 hours. But before you apply, it’s important to understand that not all payday loans are created equal. In fact, there are laws that govern the payday lending industry in each state. So, two people in separate states with the same financial background and income may not receive identical loan offers, even if they use the same lender.

An Overview of Payday Laws by State

The chart below provides an overview of payday laws by state:

State	Maximum Loan Amount	Maximum Loan Term	Finance Charge and APR for 14-day loan $100 loan
Alabama	$500	At least 10 days, but no more than 31 days	Finance Charge: Not to exceed 17.5% of the amount advanced. APR: 456.35 percent
Alaska	$500	14 days	Finance Charge: Nonrefundable origination fee in an amount not to exceed $5; a fee no more than $15 for each $100 of an advance, or 15% of the total amount of the advance, whichever is less. APR: 520 percent
California	$300	31 days	Finance Charge: For a deferred deposit transaction, the fee shall not be over 15% of the face amount of the check. APR: 459 percent
Colorado	$500	6 month minimum	Finance Charge: Not applicable APR: Not applicable
Delaware	$1,000	Under 60 days	Finance Charge: Unlimited APR: Unlimited
Florida	$500	No less than 7 days, with a maximum of 31 days	Finance Charge: Various charges APR: 419 percent
Hawaii	$600	32 days max	Finance Charge: For a deferred deposit transaction, the fee shall not be over 15% of the face amount of the check. APR: 459 percent
Idaho	$1,000	Not applicable	Finance Charge: Unlimited APR: Unlimited
Illinois	$1,000	Payday loan: Not less than 13 days, but no more than 120 days Installment loan: 112 to 180 days	Finance Charge: Various charges APR: 403 percent
Indiana	$550	14 day minimum	Finance Charge: Various charges APR: 390 percent
Iowa	$500	31 days	Finance Charge: A max fee of $15 on the first $100 on the face amount of a check and a max $10 on subsequent $100 increments on the face amount of the check. APR: 433 percent
Kansas	$500	No less than 7 days and not more than to 30 days	Finance Charge: No more than 15% of the amount of the cash advance APR: 390 percent
Kentucky	$500	No more than 60 days	Finance Charge: No more than $15 per $100 on the face amount of the deferred deposit check APR: 459 percent
Louisiana	$350	Up to 30 days	Finance Charge: Various charges APR: 780 percent
Maine	Lower-cost payday lending		Finance Charge: Various charges APR: NA
Michigan	$600	31 days	Finance Charge: Various charges APR: 390 percent
Minnesota	$350	30 days	Finance Charge: Various charges APR: 390 percent
Mississippi	$500	$0 to $249: up to 30 days $250 to $500: 28 to 30 days	Finance Charge: Various charges APR: 520 percent
Missouri	$500	No less than 14 days, but no more than 31 days	Finance Charge: Simple interest and fees only APR: 1950 percent
Montana	$300	31 days	Finance Charge: No more than 36% per annum APR: 36 percent
Nebraska	$500	34 days	Finance Charge: No more than $15 per $100 on the face amount of the deferred deposit check APR: 459 percent
Nevada	25 percent of the borrower’s gross monthly income	35 days	Finance Charge: Unlimited APR: Unlimited
New Hampshire	$500	No less than 7 days and not more than to 30 days	Finance Charge: NA APR: 36 percent
North Dakota	$500	60 days	Finance Charge: Not to exceed 20% of the amount borrowed APR: 520 percent
Ohio	$1000	At least 31 days	Finance Charge: Various charges APR: 28 percent
Oklahoma	$500	No less than 12 days and not more than 45 days	Finance Charge: A max fee of $15 on every $100 up to the first $300 advanced, and a max $10 on subsequent $100 increments on the loan. APR: 390 percent
Oregon	$50,000	No less than 31 days and not more than 60 days	Finance Charge: Various charges APR: 154 percent (31-day loan)
Rhode Island	$500	13-day minimum	Finance Charge: Various charges APR: 260 percent
South Carolina	$550	31 days	Finance Charge: No more than 15% of the face amount of the check APR: 390 percent
South Dakota	$500	NA	Finance Charge: Not more than an annual rate of 36% APR: 36 percent
Tennessee	$500	31 days	Finance Charge: Various charges APR: 459 percent
Texas	No limit	180 days	Finance Charge: Unlimited APR: Unlimited, but average cost of 410 percent
Utah	Unlimited	10 weeks	Finance Charge: Unlimited APR: Unlimited
Virginia	$500	NA	Finance Charge: Various charges APR: 687.76 percent
Washington	Limited to the lesser of $700 or 30 percent of the borrower’s gross monthly income	45 days	Finance Charge: Various charges APR: 390 percent
Wisconsin	Unlimited	90 days	Finance Charge: Unlimited APR: Unlimited
Wyoming	Unlimited	One calendar month	Finance Charge: Not to exceed the greater of $30 or 20% per month on the principal balance APR: 780 percent

Didn’t see your state on the list?

That could be because payday loans are not available in every state in the country. If you reside in a state that is excluded, it may be worthwhile to explore personal, tribal, or title loans to secure the funding you need. You can use a loan search and comparison tool to help you to find options that may work for you.

Payday loans are prohibited in the following states:

Arizona
Arkansas
Connecticut
District of Columbia
Georgia
Maryland
Massachusetts
New Jersey
New Mexico
New York
North Carolina
Pennsylvania
Vermont
West Virginia

How to Evaluate Payday Lenders

Below are some important considerations when evaluating payday lenders:

Are they accredited by the Better Business Bureau (BBB)?
Are they a member of the Community Financial Services Association (CFSA), which represents payday lenders?
How are they perceived by prior and current customers, as per reviews available online or in other publications?

How to Apply for a Payday Loan Near You?

To get approved for a payday loan, you’ll need to meet the following criteria:

Be at least 18 years of age
Have a valid Social Security Number and phone number
Have a steady source of income (self-employment income and government benefits may be accepted by some lenders)
Have an active bank account that’s in your name

Next, you’ll visit the payday lender’s website or brick-and-mortar location to complete your application. You’ll receive a response in just minutes, but will need to provide proof of income, along with your banking information before the loan can be finalized and funds disbursed to your account.

Can You Get a Payday Loan in a Different State?

The short answer to this question is no. Payday lenders are only allowed to extend loans to residents that reside in the states that they are licensed to provide services in. And since payday laws vary by state, they must follow regulations or they could face hefty penalties.

But what if you’re currently residing in a state where payday loans are prohibited but your permanent place of residence is elsewhere? In this case, you may still be able to get a payday loan, but you’ll have to complete the process online with a lender that’s in your state since lenders near you aren’t a viable option.

What Other Loans Near You Are Available?

Maybe there are tons of payday lenders near you that provide services to residents in your state, but you aren’t quite sold on their offerings. There are other loan products near you that may be worth checking out, including:

Personal loans: an installment loan that is repaid over a span of between six months to several years. Monthly payment amounts are the same (if the loan has a fixed interest rate), and you’re almost guaranteed to receive a significantly lower rate than you’d be offered from a payday lender near you. However, good to excellent credit may be required to qualify for the best rates.
Title loans: a secured loan that requires you put up the title to your vehicle (or some other significant asset such as your home) to receive funds. The title must be free and clear of any liens and encumbrances, and is used as collateral to protect the lender from risk of loss if you default on the loan. Your loan amount is determined by the value of your vehicle and monthly income. Credit checks aren’t required to secure title loans as they can repossess your car if you don’t pay. Title loans are far riskier than other forms of credit, but they may cost less than a payday loan.
Pawnshop loans: a loan granted by a pawn shop with a value that’s equivalent to the item you hand over as collateral. Credit checks and income verification aren’t required, and the pawnshop will return the item to you if the loan is paid off by the due date. Otherwise, they will retain possession and sell the item to recover the cost of the loan.
Bad credit loans: an installment loan that functions in the same manner as a personal loan. The key difference is that it caters to individuals with bad credit. So, less than perfect credit is not a deal breaker, and the lender may not even bother to run credit scores. Instead, the loan amount will be solely based on the amount the lender thinks you can comfortably repay each month. But because these loans cater to borrowers with credit issues, exorbitant interest rates will apply.

Another viable option is to use your credit card. The APR on credit cards is hefty, but you’ll have time to pay off the purchase and could possibly avoid interest altogether if you repay what you spent before the grace period ends.

The Bottom Line

A payday loan is a fast way to find relief when financial emergencies arise that must be covered. Plus, they beat late, disconnection, NSF and overdraft fees that could be charged by service providers, creditors, banks, or any other financial institutions that you do business with. But it’s important to have a plan of action to repay the loan before you receive the funds. Otherwise, you may end up in a mini-mountain of debt.