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Payday loan laws for all the states

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Dear Community,

After spending so many days with you all and reading the queries posted here I felt that payday loan laws should be brought under one roof to help members. The site has already done a good job in this connection, but the thing is I cannot ask question about the summary available there, nor can I modify them if there is any scope.

So I thought to use the wiki application to summarize the state laws. I spent last few weeks reading State Codes for "Deferred Presentment Service", "Check Cashers" or, "Money Transmitters" (legal terms of payday loan/cash advance). After reading the codes I have tried to summarize them in a friendly language. I am not a lawyer, so there may be some mistakes; feel free to amend it if you feel so.

However, I could complete up to Mississippi starting from Alabama. I would be working on the rest of the states as well. Still I am posting links to all the state pages here so that any of the community members can share the work and enhance the whole process. Do not hesitate to send me email/PM/QM, I will be happy to help you on finding the right resources!

Laws related to payday loans for all the states

What if the lender lends more than the max amount? In my state, MN, you can't lend more than $350. Yet cashnetusa is licensed in my state, but lent me $700!

Sub: #1 posted on Wed, 03/21/2007 - 06:22


Good job, Stanley!! I have added this topic in my bookmark.

Guest, the lender cannot offer more than the maximum amount fixed in a state. By offering more than the permissible amount, the company is violating the laws. You need to dispute on the contract and mention it to your state attorney general.

Sub: #2 posted on Wed, 03/21/2007 - 16:52

Bridget Bridget

(Posts: 348 | Credits: )

Hey Stanley,

I am new to this and for some reason I cannot access the link to Texas. It asks me for a password and when I put mine in it does not accept it. Can you post the information for Texas please. Thanks for your help.

Sub: #3 posted on Tue, 04/03/2007 - 13:20

pinkflutter716 pinkflutter716

(Posts: 9 | Credits: )

Pinkflutter, I haven't compiled the laws of Texas yet, I could only complete up to MS. Soon I will work on it, stay tuned.

Sub: #4 posted on Fri, 04/06/2007 - 04:04

stanley stanley

(Posts: 1639 | Credits: )

Thank you so much!! This is very helpful!!!

Sub: #5 posted on Sun, 04/15/2007 - 10:29

skippi skippi

(Posts: 81 | Credits: )

Thanks for posting this but I still can't figure out maine laws. Can you help?

Sub: #6 posted on Wed, 05/02/2007 - 12:04


so weird, the link to texas opens at times and doest not open at other times, is it from my end? Thanks

Sub: #7 posted on Thu, 07/12/2007 - 00:59

littlephoenix littlephoenix

(Posts: 21 | Credits: )

wisconsin is a blank page, help

Sub: #8 posted on Fri, 09/14/2007 - 05:08


hey thanks for this, this is just what I need right now! learning more about financial laws is hard.. :(

Sub: #9 posted on Fri, 11/02/2007 - 00:59

debtreliefconsolidation debtreliefconsolidation

(Posts: 2 | Credits: )

thanks 4 posting each state's info... in this year alone i have taken a few payday loans to satisfy my mortgage. i now have a warrant out for my arrest for fraud checks... i am willing and able to pay back the loans at this time... what should i do?? what are the laws in south carolina???

Sub: #10 posted on Sun, 11/18/2007 - 05:27

igamara igamara

(Posts: 3 | Credits: )

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