State Licensed Payday Loan Sites by State

This page lists state licensed online payday lenders and licensing details for 51 states.

For each state, we list the maximum loan amount, maximum finance charge, payday loan sites that operate legally in that state and licensing requirements.

State licensed lenders are more likely to adhere to state and federal laws (loan financing terms, debt collection practices, privacy protection, etc.) meaning that you’ll probably pay less and enjoy a safer transaction.

Alabama

Maximum Loan Amount: $500
Maximum Finance Charges: $17.50 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com
Licensing Requirements: Online lenders must be licensed in Alabama.

Alaska

Maximum Loan Amount: $500
Maximum Finance Charges: $20 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com
Licensing Requirements: Online lenders must be licensed in Alaska.

Arizona

Prohibited.

Arkansas

Maximum Loan Amount: $400 (No Limit)
Maximum Finance Charges: $22.22 per $100 borrowed (No Limit)
Legally Operating Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders can be licensed in any state. Lenders would need to follow the laws of the state they are licensed out of, not the laws of Arkansas, so there is no limit to the maximum loan or finance charge.

California

Maximum Loan Amount: $300
Maximum Finance Charges: $17.65 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in California.

Colorado

Maximum Loan Amount: $500
Maximum Finance Charges: $20 per $100 borrowed (plus interest rate of 45% per annum)
State Licensed Online Lenders: CheckCity.com
Licensing Requirements: Online lenders must be licensed in Colorado.

Connecticut

Prohibited.

Delaware

Maximum Loan Amount: $500
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, ChecknGo.com, DelawareFastCash.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Delaware.

District of Columbia

Prohibited.

Florida

Maximum Loan Amount: $500 (No Limit)
Maximum Finance Charges: $15 per $100 borrowed plus verification fee if applicable (No Limit)
Legally Operating Online Lenders: ChecknGo.com
Licensing Requirements: Online lenders must be licensed in Florida.

Note: Lender may be regulated as a credit service organization (CSO). Generally, a CSO does not need to be licensed so there is no limit to the maximum loan or finance charge.

Georgia

Prohibited.

Hawaii

Maximum Loan Amount: $600
Maximum Finance Charges: $17.65 per $100 borrowed
Legally Operating Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders are licensed and regulated by the Hawaii Department of Consumer Affairs, Office of Consumer Protection.

Idaho

Maximum Loan Amount: $1000
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Idaho.

Illinois

Maximum Loan Amount: Lesser of $1000 or 25% of borrower’s gross monthly income.
Maximum Finance Charges: $15.50 per $100
State Licensed Online Lenders: CheckCity.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Illinois.

Indiana

Maximum Loan Amount: Lesser of $550 or 20% of borrower’s gross monthly income.
Maximum Finance Charges: $15 per $100
State Licensed Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders must be licensed in Indiana.

Iowa

Maximum Loan Amount: $500
Maximum Finance Charges: $16.67 per $100
State Licensed Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders must be licensed in Iowa.

Kansas

Maximum Loan Amount: $500
Maximum Finance Charges: $15 per $100
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Kansas.

Kentucky

Maximum Loan Amount: $500
Maximum Finance Charges: $17.65 per $100
State Licensed Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders must be licensed in Kentucky.

Louisiana

Maximum Loan Amount: $350
Maximum Finance Charges: $25 per $100
State Licensed Online Lenders: CashCentral.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Louisiana.

Maine

Maximum Loan Amount: $300
Maximum Finance Charges: $15 for borrowed amounts of $100-$200, $25 for borrowed amounts of $250-$300.
State Licensed Online Lenders: PayDayOne.com
Licensing Requirements: Online lenders must be licensed and supervised in Maine.

Maryland

Prohibited.

Note: Lender may be regulated as a credit service organization (CSO). Generally, a CSO does not need to be licensed so there is no limit to the maximum loan or finance charge.

Massachusetts

Prohibited.

Michigan

Maximum Loan Amount: $600
Maximum Finance Charges: $15 per $100 borrowed (plus any database verification fee)
State Licensed Online Lenders: ChecknGo.com
Licensing Requirements: Online lenders must be licensed in Michigan.

Minnesota

Maximum Loan Amount: $350
Maximum Finance Charges: $15 per $100 borrowed
State Licensed Online Lenders: CashCentral.com
Licensing Requirements: Online lenders must be licensed in Minnesota.

Mississippi

Maximum Loan Amount: $400
Maximum Finance Charges: $22 per $100 borrowed
State Licensed Online Lenders: PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Mississippi.

Missouri

Maximum Loan Amount: $500
Maximum Finance Charges: $75 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Missouri.

Montana

Maximum Loan Amount: $300
Maximum Finance Charges: $25 per $100 borrowed
State Licensed Online Lenders: CashCentral.com
Licensing Requirements: Online lenders must be licensed in Montana.

Nebraska

Maximum Loan Amount: $500
Maximum Finance Charges: $17.65 per $100 borrowed
State Licensed Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders must be licensed in Nebraska.

Nevada

Maximum Loan Amount: 25% of borrower’s gross monthly income
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Nevada.

New Hampshire

Prohibited.

Note: Payday loans are technically legal but the extremely low rate cap (36% annual interest or $1.38 for 14-day $100 loan) would not even cover lender costs. As we discussed in our article Six Payday Loan Laws that Hurt Consumers, a rate cap that makes offering loans unprofitable becomes a de facto ban on payday loans.

New Jersey

Prohibited.

New Mexico

Maximum Loan Amount: $2500
Maximum Finance Charges: $16 per $100 borrowed
State Licensed Online Lenders: CheckCity.com
Licensing Requirements: Online lenders must be licensed in New Mexico.

New York

Prohibited.

North Carolina

Prohibited.

North Dakota

Maximum Loan Amount: $500
Maximum Finance Charges: $20 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com
Licensing Requirements: Online lenders must be licensed in North Dakota.

Ohio

Maximum Loan Amount: $500 (No Limit)
Maximum Finance Charges: $1.08 per $100 borrowed (“No Limit” for CSO – see below)
Legally Operating Online Lenders: ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Ohio.

* State law imposes a rate cap of 28% APR ($1.08 for 14-day $100 loan) but a lender may be regulated as a credit service organization (CSO). Generally, a CSO does not need to be licensed so there is no limit to the maximum loan or finance charge.

Oklahoma

Maximum Loan Amount: $500
Maximum Finance Charges: $15 per $100 borrowed
State Licensed Online Lenders: ChecknGo.com
Licensing Requirements: Online lenders must be licensed in Oklahoma.

Oregon

Maximum Loan Amount: Not Specified
Maximum Finance Charges: $13 per $100 for 31-day loan (36% APR interest plus $10/$100 origination fee up to $30)
State Licensed Online Lenders: If you know of any, contact us.
Licensing Requirements: Online lenders must be licensed in Oregon.

Pennsylvania

Prohibited.

Rhode Island

Maximum Loan Amount:$500 (No Limit)
Maximum Finance Charges: $10 per $100 borrowed (No Limit)
Legally Operating Online Lenders: CashCentral.com, PayDayOne.com
Licensing Requirements: Online lenders can be licensed in any state. Lenders would need to follow the laws of the state they are licensed out of, not the laws of Rhode Island, so there is no limit to the maximum loan or finance charge.

South Carolina

Maximum Loan Amount: $300 (No Limit)
Maximum Finance Charges: $15 per $100 borrowed (No Limit)
Legally Operating Online Lenders: PayDayOne.com
Licensing Requirements: Online lenders must be licensed in South Carolina.

Note: Transaction may be handled as a consumer installment loan, not a “payday loan” per se, so there is no limit to the maximum loan or finance charge.

South Dakota

Maximum Loan Amount: $500
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in South Dakota.

Tennessee

Maximum Loan Amount: $500 (No Limit)
Maximum Finance Charges: $17.65 (No Limit)
State Licensed Online Lenders: PayDayOne.com
Licensing Requirements: Online lenders can be licensed in any state. Lenders would need to follow the laws of the state they are licensed out of, not the laws of Tennessee, so there is no limit to the maximum loan or finance charge.

Texas

Maximum Loan Amount: No Limit
Maximum Finance Charges: $12 per $100 borrowed (No Limit)
Legally Operating Online Lenders: CashCentral.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Texas.

Note: Lender may be regulated as a credit service organization (CSO). Generally, a CSO does not need to be licensed so there is no limit to the maximum loan or finance charge.

Utah

Maximum Loan Amount: No Limit
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CashOne.com, CheckCity.com, ChecknGo.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Utah.

Vermont

Prohibited.

Virginia

Maximum Loan Amount: $500
Maximum Finance Charges: $26.38 per $100 borrowed
State Licensed Online Lenders: CheckCity.com
Licensing Requirements: Online lenders must be licensed in Virginia.

Washington

Maximum Loan Amount: Lesser of $700 or 30% of borrower’s gross monthly income.
Maximum Finance Charges: $15 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com
Licensing Requirements: Online lenders must be licensed in Washington.

West Virginia

Prohibited.

Wisconsin

Maximum Loan Amount: No Limit
Maximum Finance Charges: $12 per $100 borrowed (No Limit)
Legally Operating Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, QLoot.com
Licensing Requirements: Online lenders can be licensed in any state. Lenders would need to follow the laws of the state they are licensed out of, not the laws of Wisconsin, so there is no limit to the maximum loan or finance charge.

Note: Transaction may be handled as a consumer installment loan, not a “payday loan” per se.

Wyoming

Maximum Loan Amount: No Limit
Maximum Finance Charges: $30 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CheckCity.com, ChecknGo.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed in Wyoming.

Notes:

Most states require online lenders to be licensed in their state. Four states, however, allow lenders to be licensed in any state. In these four states, loan transactions would follow the laws of the state the lender is licensed out of, not the laws of state in which the borrower resides. An online lender based in a state with no finance charge limits could charge more than the maximum finance charge set by the borrower’s state law and still be operating legally.

Thirteen states prohibit payday loans. Four states, however, allow payday lenders to operate as credit service organizations (CSO) or handle transactions as consumer installment loans. It’s possible for a state to prohibit “payday loans” but make de facto payday loans available through a CSO or other arrangement. It is also possible for a lender licensed as a CSO to charge more than the state maximum for payday loans.

If you’d like to check an online lender’s licensing or transaction type (payday loan, CSO, etc.), visit the payday loan site. Reputable payday lenders will disclose complete licensing and transaction information. If a loan site does not list any information about state licensing or type of loan, it may be an offshore lender, a matching service “middleman” or a rogue website.

Be sure to confirm the license with your local State Regulatory Agencies for Payday Loans. If you discover that a lender hasn’t renewed their license, has had it revoked or is no longer licensed for any reason, please contact us so we can update this page.

Payday loan laws and licensing regulations change often. We cannot guarantee the accuracy or suitability of information. Be sure to read the disclaimer at the bottom of our About page.