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, state-licensed payday loan sites and licensing requirements.
Updated: Daily. Contact us if you find a lender with an expired license.
Alabama (AL)
Maximum Loan Amount: $500
Maximum Finance Charges: $17.50 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, SpeedyCash.com (Updated January 10, 2013 – see below)
Licensing Requirements: Online lenders must be licensed in Alabama.
On January 10, 2013, a kind reader brought it to our attention that Speedy Cash is licensed in Alabama. We checked the State of Alabama Banking Department’s licensee database and Speedy Cash Inc was listed so we updated this page. Thank you so much! Our site would not exist without you.
Alaska (AK)
Maximum Loan Amount: $500
Maximum Finance Charges: $20 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Alaska.
Arizona (AZ)
Prohibited.
Arkansas (AR)
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 (CA)
Maximum Loan Amount: $300
Maximum Finance Charges: $17.65 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in California.
Colorado (CO)
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 (CT)
Prohibited.
Delaware (DE)
Maximum Loan Amount: $500
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, ChecknGo.com, DelawareFastCash.com, PayDayOne.com, QLoot.com
Licensing Requirements: Online lenders must be licensed in Delaware.
Note: Transaction may be handled as an installment loan. See Important Notes.
District of Columbia (DC)
Prohibited.
Florida (FL)
Maximum Loan Amount: $500 (No Limit)
Maximum Finance Charges: $15 per $100 borrowed plus verification fee if applicable (No Limit)
Legally Operating Online Lenders: CashNetUSA.com, 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 (GA)
Prohibited.
Hawaii (HI)
Maximum Loan Amount: $600
Maximum Finance Charges: $17.65 per $100 borrowed
Legally Operating Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, SpeedyCash.com
Licensing Requirements: Online lenders are licensed and regulated by the Hawaii Department of Consumer Affairs, Office of Consumer Protection.
Idaho (ID)
Maximum Loan Amount: $1000
Maximum Finance Charges: No Limit
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Idaho.
Illinois (IL)
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: CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Illinois.
Note: Transaction may be handled as an installment-payday loan. See Important Notes.
Indiana (IN)
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 (IA)
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 (KS)
Maximum Loan Amount: $500
Maximum Finance Charges: $15 per $100
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Kansas.
Note: Transaction may be handled as an LOC Loan. See Important Notes.
Kentucky (KY)
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 (LA)
Maximum Loan Amount: $350
Maximum Finance Charges: $25 per $100
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, PayDayOne.com, SpeedyCash.com (see below)
Licensing Requirements: Online lenders must be licensed in Louisiana. (see below)
Update: We received the following info from a kind Online-Payday-Loans.org reader:
“According to the Office of Financial Institutions, Secretary of State, and Attorney Generals Office, online lenders do not have to be licensed unless they have a presence in the state and they do not have to abide by state laws pertaining to payday loans.”
Thank you for taking the time to help us correct our info!
Maine (ME)
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: CashNetUSA.com, PayDayOne.com
Licensing Requirements: Online lenders must be licensed and supervised in Maine.
Maryland (MD)
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 (MA)
Prohibited.
Michigan (MI)
Maximum Loan Amount: $600
Maximum Finance Charges: $15 per $100 borrowed (plus any database verification fee)
State Licensed Online Lenders: CashNetUSA.com, ChecknGo.com
Licensing Requirements: Online lenders must be licensed in Michigan.
Minnesota (MN)
Maximum Loan Amount: $350
Maximum Finance Charges: $15 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com
Licensing Requirements: Online lenders must be licensed in Minnesota.
Mississippi (MS)
Maximum Loan Amount: $400
Maximum Finance Charges: $22 per $100 borrowed
State Licensed Online Lenders: CashNetUSA.com, PayDayOne.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Mississippi.
Missouri (MO)
Maximum Loan Amount: $500
Maximum Finance Charges: $75 per $100 borrowed
State Licensed Online Lenders: CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, PayDayOne.com, QLoot.com, SpeedyCash.com
Licensing Requirements: Online lenders must be licensed in Missouri.
Note: Transaction may be handled as a consumer installment loan. See Important Notes.