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Comparison table

Personal loan laws by state

Compare NCLC's historical APR calculations for specific loan amounts and durations, CRL's high-cost payday research category, and regulator resources for all 50 states and DC. The $500 and $2,000 scenarios use September 2025 law; the $10,000 scenario uses August 2023 law. Select a column to sort or a state for its full guide.

Guide updated · Sources · 5MinutesLoan is not a lender

Study median: $500 / 6 months (Sept 2025)
39.5%
Study median: $2,000 / 24 months (Sept 2025)
34%
Study median: $10,000 / 60 months (Aug 2023)
27%
Educational state and DC guides
51

All 51

APR caps, payday rules and regulators

  • Up to 30% APR
  • Above 30% to 36% APR
  • Above 36% APR
  • Unconscionability rule
  • No numeric cap identified

Unconscionability means NCLC identified that restriction rather than a numeric ceiling for the studied scenario. No numeric cap means the study did not identify one in the lending law it analyzed. Other licensing, product, fee or federal rules may still apply. These figures are not offered rates or universal legal limits.

NCLC historical installment-loan APR scenarios: $500 over 6 months and $2,000 over 24 months as of September 2025; $10,000 over 60 months as of August 2023. Historical high-cost payday report category and state regulator. Select a column heading to sort.
State regulator
AlabamaAL107%UnconscionabilityUnconscionabilityIn categoryJune 2023Alabama State Banking Department
AlaskaAK36%31%25%In categoryJune 2023Alaska Division of Banking and Securities
ArizonaAZ54%41%30%Outside categoryJune 2023Arizona Department of Insurance and Financial Institutions
ArkansasAR17%17%17%Outside categoryJune 2023Arkansas State Bank Department
CaliforniaCA45%25%UnconscionabilityIn categoryJune 2023California Department of Financial Protection and Innovation
ColoradoCO78%31%21%Outside categoryJune 2023Colorado Attorney General, Consumer Credit Unit
ConnecticutCT36%36%25%Outside categoryJune 2023Connecticut Department of Banking
DelawareDENo numeric capNo numeric capNo numeric capIn categoryJune 2023Delaware Office of the State Bank Commissioner
District of ColumbiaDC24%24%24%Outside categoryJune 2023DC Department of Insurance, Securities and Banking
FloridaFL52%37%24%In categoryJune 2023Florida Office of Financial Regulation
GeorgiaGA61%32%60%Outside categoryJune 2023Georgia Department of Banking and Finance
HawaiiHI146%31%24%Outside categoryJune 2023Hawaii Division of Financial Institutions
IdahoIDUnconscionabilityUnconscionabilityUnconscionabilityIn categoryJune 2023Idaho Department of Finance
IllinoisIL36%36%36%Outside categoryJune 2023Illinois Department of Financial and Professional Regulation
IndianaIN89%40%26%In categoryJune 2023Indiana Department of Financial Institutions
IowaIA36%36%32%In categoryJune 2023Iowa Division of Banking
KansasKS43%38%23%In categoryJune 2023Kansas Office of the State Bank Commissioner
KentuckyKY47%42%30%In categoryJune 2023Kentucky Department of Financial Institutions
LouisianaLA85%38%27%In categoryJune 2023Louisiana Office of Financial Institutions
MaineME30%30%18%In categoryJune 2023Maine Bureau of Consumer Credit Protection
MarylandMD33%30%25%Outside categoryJune 2023Maryland Office of Financial Regulation
MassachusettsMA37%24%20%Outside categoryJune 2023Massachusetts Division of Banks
MichiganMI43%30%27%In categoryJune 2023Michigan Department of Insurance and Financial Services
MinnesotaMN51%33%22%Outside categoryJanuary 2024 updateMinnesota Department of Commerce
MississippiMS305%59%26%In categoryJune 2023Mississippi Department of Banking and Consumer Finance
MissouriMONo numeric capNo numeric capNo numeric capIn categoryJune 2023Missouri Division of Finance
MontanaMT36%36%36%Outside categoryJune 2023Montana Division of Banking and Financial Institutions
NebraskaNE48%30%24%Outside categoryJune 2023Nebraska Department of Banking and Finance
NevadaNV40%40%40%In categoryJune 2023Nevada Financial Institutions Division
New HampshireNH36%36%36%Outside categoryJune 2023New Hampshire Banking Department
New JerseyNJ30%30%30%Outside categoryJune 2023New Jersey Department of Banking and Insurance
New MexicoNM52%36%36%Outside categoryJune 2023New Mexico Financial Institutions Division
New YorkNY25%25%25%Outside categoryJune 2023New York State Department of Financial Services
North CarolinaNC16%35%29%Outside categoryJune 2023North Carolina Office of the Commissioner of Banks
North DakotaND36%36%36%In categoryJune 2023North Dakota Department of Financial Institutions
OhioOH145%31%26%Outside categoryJune 2023Ohio Division of Financial Institutions
OklahomaOK204%56%36%In categoryJune 2023Oklahoma Department of Consumer Credit
OregonOR36%36%36%In categoryJune 2023Oregon Division of Financial Regulation
PennsylvaniaPA27%24%26%Outside categoryJune 2023Pennsylvania Department of Banking and Securities
Rhode IslandRI30%24%21%In categoryJune 2023Rhode Island Department of Business Regulation, Banking Division
South CarolinaSC72%UnconscionabilityUnconscionabilityIn categoryJune 2023South Carolina Department of Consumer Affairs
South DakotaSD36%36%36%Outside categoryJune 2023South Dakota Division of Banking
TennesseeTN114%49%28%In categoryJune 2023Tennessee Department of Financial Institutions
TexasTX116%37%27%In categoryJune 2023Texas Office of Consumer Credit Commissioner
UtahUTUnconscionabilityUnconscionabilityUnconscionabilityIn categoryJune 2023Utah Department of Financial Institutions
VermontVT24%21%18%Outside categoryJune 2023Vermont Department of Financial Regulation
VirginiaVA129%50%36%Outside categoryJune 2023Virginia State Corporation Commission, Bureau of Financial Institutions
WashingtonWA39%29%27%In categoryJune 2023Washington State Department of Financial Institutions
West VirginiaWV38%33%27%Outside categoryJune 2023West Virginia Division of Financial Institutions
WisconsinWIUnconscionabilityUnconscionabilityUnconscionabilityIn categoryJune 2023Wisconsin Department of Financial Institutions
WyomingWY36%31%23%In categoryJune 2023Wyoming Division of Banking

Method

How to read this table

  • APR includes fees

    Historical scenario APRs including fees for closed-end, unsecured loans from licensed non-bank lenders: $500 over 6 months and $2,000 over 24 months as of September 2025; $10,000 over 60 months as of August 2023. These are not rates offered through this website or universal limits for every loan.

  • Medians count only numeric caps

    Only numeric results enter these research medians. Including DC, 46 jurisdictions have numeric results for $500 over 6 months, 44 for $2,000 over 24 months and 43 for $10,000 over 60 months. This is not a survey of current offers.

  • Payday column

    June 2023 report category for high-cost, single-payment payday lending, with the Minnesota January 2024 change noted separately. It is not a current availability check or a legal classification of every payday or installment product.

  • Not legal advice

    Laws change, and the caps cover licensed non-bank lenders only. Check with your state regulator for current rules before you borrow.

Browse state guides and the map

Sources

Where this information comes from

  1. 01
    NCLC, State APR Caps for $500, $2,000 and $10,000 Installment Loans (Dec. 2025)(opens in a new tab)

    Used for: Specified installment-loan APR scenarios, with amount, duration and source dates shown.

    Historical scenario APRs including fees for closed-end, unsecured loans from licensed non-bank lenders: $500 over 6 months and $2,000 over 24 months as of September 2025; $10,000 over 60 months as of August 2023. These are not rates offered through this website or universal limits for every loan.

  2. 02
    NCLC, Predatory Installment Lending in the States (Dec. 2025), Appendix C(opens in a new tab)

    Used for: NCLC source-law explanation and statute citations for the 2025 study.

    Explanations and statute citations for the September 2025 sample-loan study; later legal changes may not be reflected.

  3. 03
    Center for Responsible Lending, Red Alert Rates (June 2023)(opens in a new tab)

    Used for: The June 2023 high-cost, single-payment payday report category, not current offer availability.

    June 2023 report category for high-cost, single-payment payday lending, with the Minnesota January 2024 change noted separately. It is not a current availability check or a legal classification of every payday or installment product.

  4. 04
    Minnesota Department of Commerce: payday lending changes effective January 1, 2024(opens in a new tab)

    Used for: The specific dated legal update described in the state guide.

    The January 2024 changes concern statutory consumer small loans and consumer short-term loans, not every consumer loan. These products may have APRs up to 50%; loans above 36% are subject to additional requirements.

  5. 05
    Minnesota Statutes section 47.60: consumer small loans(opens in a new tab)

    Used for: The specific dated legal update described in the state guide.

  6. 06
    Minnesota Statutes section 47.601: consumer short-term loans(opens in a new tab)

    Used for: The specific dated legal update described in the state guide.

  7. 07
    Rhode Island deferred-deposit provision: repeal effective January 1, 2027(opens in a new tab)

    Used for: The specific dated legal update described in the state guide.

    Rhode Island General Laws section 19-14.4-5.1 is scheduled for repeal effective January 1, 2027. That date has not yet arrived as of this guide update on October 29, 2026.

General information, not legal advice. Laws change, so check with your state regulator for the latest rules before you borrow. Guide and source references reviewed . The APR snapshots remain September 2025 and August 2023; this review date does not certify that every state law is current.

Each state guide also lists the statute cited for that state and links to its regulator.

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