# paydayloandebt.org -- Full Content > Last updated: 2026-09-25 This file contains the full text content of all pages on paydayloandebt.org. Part of the Open Bankruptcy Project (openbankruptcyproject.org). --- ## Alternatives to Payday Loans [2026]: PAL Credit Union Loans, EWA, and CFPB Resources Source: https://paydayloandebt.org/alternatives-to-payday.html Alternatives to Payday Loans Better Options When You Need Cash Fast ← Back to paydayloandebt.org Home›Alternatives to Payday Loans | paydayloandebt.org›Alternatives to Payday Loans Credit Union Payday Alternative Loans PALs from federal credit unions offer $200-$2,000 at up to 28% APR (vs. 300%+ for payday loans). Joining a credit union costs $5-25. You must be a member for 1 month to qualify for PAL I. These are real loans with real underwriting, not predatory products. If you do not have a credit union, find one at mycreditunion.gov. Cash Advance Apps Apps like Earnin, Dave, and Brigit offer small advances ($50-$500) on your paycheck with no interest. Some request optional tips. These are not loans - they advance money you have already earned. They are dramatically cheaper than payday loans. However, they do not solve underlying cash flow problems and can create their own cycle of dependency. Employer Cash Advances Many employers offer paycheck advances at no cost. Ask your HR department. Some employers partner with earned wage access (EWA) providers like DailyPay, PayActiv, or Even that let you access earned wages before payday. Walmart, Target, and many other large employers offer these services. Community and Government Resources Before borrowing at all, check: 211 (local assistance), SNAP/food stamps, LIHEAP (utility help), food banks, community action agencies, church/synagogue emergency funds, and rental assistance programs. Many communities have emergency assistance that provides grants (not loans) for immediate needs. Apply to everything - the worst that happens is they say no. Frequently Asked Questions Are cash advance apps safe? Generally yes, though read the terms carefully. Some request large tips that approach loan-level costs. Stick to apps that clearly disclose all costs and do not pressure tipping. Never use an app that requires access to your bank credentials. Can I get a personal loan with bad credit? Credit unions are the best option for personal loans with bad credit. Online lenders like LendingClub and Upstart also work with lower credit scores, though rates will be higher. Avoid any lender charging more than 36% APR. What if I need money today and cannot wait? Call 211 for immediate local assistance. Visit a food bank to free up grocery money. Ask family or friends for a short-term loan. Sell items on Facebook Marketplace or OfferUp. Donate plasma ($50-75 per visit). These options are all better than a payday loan. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Open Bankruptcy Project -- openbankruptcyproject.org Chapter 7 vs. Chapter 13 Comparison -- chapter7vs13.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loans in Bankruptcy [2026]: 11 USC 523(a)(2)(C) Presumption and Dischargeability Source: https://paydayloandebt.org/bankruptcy-and-payday.html Bankruptcy and Payday Loan Debt Eliminating Payday Loans Through Bankruptcy ← Back to paydayloandebt.org Home›Bankruptcy and Payday Loan Debt | paydayloandebt.org›Bankruptcy and Payday Loan Debt Payday Loans Are Fully Dischargeable Payday loan debt is unsecured consumer debt that is fully dischargeable in Chapter 7 and Chapter 13 bankruptcy. There is no special exception for payday loans. Once discharged, the lender cannot collect, call, or take any action to recover the debt. The discharge also eliminates any associated fees, interest, and penalties. Timing Considerations If you took out a payday loan shortly before filing bankruptcy, the lender may argue it was obtained with intent not to repay (fraud). Generally, loans taken out more than 90 days before filing are not challenged. Loans within 90 days may face scrutiny. Consult your bankruptcy attorney about timing if you have recent payday loans. For discharge eligibility, check the screener. Chapter 7 vs. Chapter 13 Chapter 7 eliminates payday loan debt entirely in about 90 days. You must pass the means test. Chapter 13 includes payday loans in the repayment plan at a fraction of the balance, with the remainder discharged after 3-5 years. Either chapter stops collection activity immediately through the automatic stay. Post-Discharge Protections After discharge, if a payday lender contacts you about the discharged debt, they are violating the discharge injunction (11 U.S.C. 524). This can result in contempt of court and damages. Keep your bankruptcy discharge papers and show them to any lender who contacts you about a discharged debt. Frequently Asked Questions Can I include multiple payday loans in one bankruptcy? Yes. All of your payday loans, credit cards, medical bills, and other unsecured debts can be included in a single bankruptcy case. There is no limit to the number of debts. Will the payday lender try to block my discharge? Very rarely. Payday lenders almost never appear in bankruptcy cases because the amounts are too small to justify legal fees. The discharge proceeds automatically in the vast majority of cases. Can I file bankruptcy even if I owe less than $1,000 in payday loans? Yes. There is no minimum debt amount to file bankruptcy. However, the cost of filing (roughly $338 filing fee plus optional attorney fees) may exceed the debt amount. Consider whether simpler solutions like an EPP or negotiation make more sense for very small amounts. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Open Bankruptcy Project -- openbankruptcyproject.org Chapter 7 vs. Chapter 13 Comparison -- chapter7vs13.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loan Consolidation Companies [2026] Source: https://paydayloandebt.org/debt-consolidation.html Debt Consolidation for Payday Loans Alternatives to the Rollover Cycle ← Back to paydayloandebt.org Home›Debt Consolidation for Payday Loans | paydayloandebt.org›Debt Consolidation for Payday Loans Credit Union Payday Alternative Loans (PALs) Federal credit unions offer Payday Alternative Loans (PALs) with rates capped at 28% APR - dramatically less than payday loans at 300-400%. PAL I loans range from $200-$1,000 with 1-6 month terms. PAL II loans range from $1-$2,000 with 1-12 month terms. You must be a credit union member for at least one month. Joining a credit union typically costs $5-25. Nonprofit Debt Management Nonprofit credit counseling agencies can consolidate your payday loans and other debts into a single monthly payment. They negotiate with creditors for lower rates and fees. Monthly fees are typically $25-50. This works best for people with steady income who need structure. Find a HUD-approved agency at consumerfinance.gov or call 211. Personal Loan Consolidation A personal loan from a bank, credit union, or online lender can pay off multiple payday loans at a much lower interest rate. This only works if you can qualify for a personal loan (credit score, income). Be careful: if you consolidate but do not change the spending pattern that led to payday loans, you may end up with both the personal loan and new payday loans. When Consolidation Does Not Work If your income is insufficient to cover basic expenses, no consolidation loan will solve the problem. Consolidation rearranges debt; it does not eliminate it. If you need debt elimination, bankruptcy may be the more honest solution. Bankruptcy costs are often less than the total payday loan fees you would pay over the next year. Frequently Asked Questions What is a payday alternative loan (PAL)? A PAL is a small-dollar loan offered by federal credit unions with rates capped at 28% APR. It is designed as a safe alternative to payday loans. You must be a credit union member to qualify. Will debt consolidation hurt my credit? The consolidation loan itself may cause a small, temporary dip from the credit inquiry. Over time, consolidating and making regular payments improves your credit by reducing utilization and showing consistent payment history. Are payday loan consolidation companies legitimate? Be very cautious. Many companies advertising 'payday loan consolidation' charge large fees for services you can get free from a nonprofit credit counselor. Use only HUD-approved nonprofit agencies. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Open Bankruptcy Project -- openbankruptcyproject.org Chapter 7 vs. Chapter 13 Comparison -- chapter7vs13.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loan Extended Payment Plans [2026]: State-Mandated EPP Rights and No-Fee Rollover Source: https://paydayloandebt.org/extended-payment-plans.html Payday Loan Extended Payment Plans How to Repay Without Additional Fees ← Back to paydayloandebt.org Home›Payday Loan Extended Payment Plans | paydayloandebt.org›Payday Loan Extended Payment Plans What Is an Extended Payment Plan An Extended Payment Plan (EPP) allows you to repay a payday loan in installments over 2-6 months without additional fees or interest. Many states require payday lenders to offer an EPP when requested. The lender cannot charge you extra for using the plan, cannot report you to collections while on the plan, and cannot require a new loan to repay the old one. State EPP Requirements States that require lenders to offer EPPs include: Colorado, Florida, Illinois, Indiana, Kentucky, Louisiana, Michigan, Minnesota, Oklahoma, Virginia, Washington, and others. Requirements vary: some states require 4 payments, others allow up to 6. Some require the lender to offer the EPP before the loan is due; others require it only upon request. How to Request Call your lender and say: 'I would like to set up an extended payment plan under [your state] law.' Be specific about the state requirement. If the lender refuses, file a complaint with your state's financial regulator or attorney general. Get the EPP agreement in writing before making any payments. Note the start date, payment amounts, and total number of payments. If No EPP Is Available If your state does not require EPPs, you can still ask - some lenders offer them voluntarily. If the lender refuses, your options include: negotiating directly for a payment plan, revoking ACH authorization to stop automatic withdrawals, paying the loan and not renewing, or seeking help from a nonprofit credit counselor. In severe cases, the debt can be discharged in bankruptcy. Frequently Asked Questions Can the lender charge fees during an EPP? In states that require EPPs, the lender cannot charge additional fees or interest during the plan. The total you repay should equal the outstanding balance (principal plus the original fee) and nothing more. What happens if I miss an EPP payment? Most state laws allow one missed payment before the lender can terminate the plan. If terminated, the full balance becomes due and the lender can resume collection activity. Make every effort to stay current on EPP payments. Can I get an EPP more than once? Some states allow one EPP per year; others allow one per loan. If you need multiple EPPs, it is a sign that the underlying financial problem needs a bigger solution - consider credit counseling or bankruptcy. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Student Loans in Bankruptcy -- bankruptcystudentloans.org Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loan Debt - Consolidation, Repayment Plans & Bankruptcy [2026] Source: https://paydayloandebt.org/ Skip to main content 🌐 Esta página está disponible en Español Payday Loan Debt Breaking Free From the Payday Loan Trap Explore Payday Loan Topics The Payday Loan Trap - How predatory lending creates a cycle of debt State Regulations - Know your state's protections Extended Payment Plans - Repay in installments without extra fees Revoking ACH Authorization - Stop lenders from withdrawing from your account Bankruptcy and Payday Loans - Eliminate all payday debt Military Lending Act - Special protections for service members Debt Consolidation - Combining multiple payday loans Filing State AG Complaints - Report predatory lenders Alternatives to Payday Loans - Better options when you need cash The Payday Loan Debt Trap Payday loans are designed to trap you. The average payday borrower takes out 8 loans per year and spends 5 months in debt. A typical $500 loan costs $75 in fees for a two-week term - that is an annual percentage rate (APR) of 391%. When you cannot repay the full amount plus fees, you roll the loan over, and the fees compound. The CFPB found that 80% of payday loans are rolled over or followed by another loan within 14 days. If you are caught in this cycle, you are not irresponsible - you are the victim of a product designed to create dependency. Your Rights Against Payday Lenders You can revoke ACH authorization. If the payday lender is withdrawing from your bank account via ACH, you can tell your bank to revoke the authorization. Under the Electronic Fund Transfer Act, your bank must comply with a written stop-payment order. The payday lender may threaten you, but they cannot criminally prosecute you for a bounced check on a payday loan (despite what they claim). Payday loan debt is NOT a criminal matter. No one goes to jail for failing to pay a payday loan. Lenders who threaten criminal prosecution are violating the FDCPA and potentially state consumer protection laws. State Payday Loan Protections Many states have taken action against predatory payday lending: Outright bans: Several states prohibit payday lending entirely. Rate caps: Some states cap interest rates at 36% APR or lower. Rollover limits: Some states limit how many times a loan can be rolled over. Extended payment plans: Some states require lenders to offer a no-cost extended payment plan before default. Check your state's law. If the payday lender violated state regulations (exceeded the rate cap, allowed too many rollovers, or failed to offer an extended payment plan), the loan may be partially or fully void. How to Escape the Cycle Step 1: Stop the bleeding. Revoke ACH authorization at your bank. Step 2: Open a new bank account the lender cannot access. Step 3: Prioritize essential bills - rent, utilities, food. Step 4: Contact the lender to negotiate an extended payment plan (many states require this). Step 5: Contact a nonprofit credit counselor - they deal with payday lenders regularly. Step 6: If multiple payday loans are overwhelming, consider bankruptcy. Full guide to prioritizing when you can't pay bills. Payday Loans and Bankruptcy Payday loan debt is fully dischargeable in bankruptcy. Chapter 7 wipes it out entirely in about 90 days. Chapter 13 may require you to pay a small fraction over 3-5 years depending on your income. The automatic stay protection in bankruptcy immediately stops all collection activity, including ACH withdrawals, threatening calls, and lawsuits. Warning: if you took out a payday loan immediately before filing bankruptcy (within 70-90 days), the lender may argue it was fraudulently obtained. Avoid taking new payday loans if you are considering bankruptcy. Check your discharge eligibility. Online Payday Lenders and Tribal Lenders Online payday lenders often operate from states with no rate caps or claim tribal sovereignty immunity. This makes it harder to enforce state protections. However: the CFPB has authority over all payday lenders regardless of location or tribal affiliation. Federal courts have increasingly held that tribal lending operations cannot hide behind sovereignty to avoid consumer protection laws. You can still revoke ACH authorization regardless of where the lender is located. If you are dealing with an online or tribal lender, file complaints with the CFPB and your state attorney general. Alternatives to Payday Loans Credit union payday alternative loans (PALs): $200-$1,000 at max 28% APR. Cash advance apps: Earnin, Dave, Brigit - small advances against your paycheck. Employer advances: Many employers offer earned wage access. Local assistance: Call 211 for emergency help. Payment plans: Contact the creditor you need to pay and ask for a plan instead of borrowing. Any of these options is dramatically cheaper than a payday loan. Even a credit card cash advance at 25% APR is a fraction of the cost of a 391% payday loan. Explore More Topics The Payday Loan Trap Cycle\n Payday Loan Regulations by State\n Payday Loan Extended Payment Plans\n Revoking ACH Authorization for Payday Loans\n Bankruptcy and Payday Loan Debt\n Military Lending Act and Payday Loans\n Debt Consolidation for Payday Loans\n Filing a Complaint Against a Payday Lender\n Alternatives to Payday Loans Frequently Asked Questions Can a payday lender have me arrested? No. Failure to pay a payday loan is a civil matter, not a criminal matter. Threats of arrest are illegal under the FDCPA and most state consumer protection laws. If a lender threatens arrest, file a complaint with the CFPB and your state attorney general. Can I just close my bank account to stop payday withdrawals? You can, but first try revoking the ACH authorization in writing to your bank. If you close the account, the lender may send the debt to collections. Either way, they cannot criminally prosecute you. Opening a new account at a different bank protects your income. How many payday loans can bankruptcy eliminate? All of them. There is no limit. Whether you have one payday loan or twenty, bankruptcy can discharge them all. Chapter 7 eliminates the debt in about 90 days. The automatic stay stops all collection immediately upon filing. Can payday loans be discharged in bankruptcy? Yes. Payday loans are unsecured debt and are dischargeable in both Chapter 7 and Chapter 13 bankruptcy. However, if a payday loan was taken out within 70-90 days before filing, the lender may argue it was obtained under false pretenses. Waiting at least 90 days after your last payday loan before filing eliminates this risk. Are payday loans considered fraud in bankruptcy? Generally no. A payday loan is only considered fraud if the borrower had no intent to repay at the time of borrowing. Lenders occasionally challenge recent loans under Section 523(a)(2), but courts rarely sustain these objections for typical payday borrowers who simply could not keep up with payments. How to get out of payday loan debt? Options include: revoking ACH authorization so the lender cannot auto-debit your account, negotiating a payment plan directly with the lender, filing a complaint with your state attorney general if the lender violates state lending laws, or filing bankruptcy to discharge the debt. Many states cap payday loan interest rates and fees. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Browse by State: Payday Loan Laws by State State-specific rules, federal court data, and practical guidance for every state and DC. 51 pages total. AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming 462+ Court Documents Freed from PACER We buy federal court records and donate them to RECAP so no one has to pay. Browse the archive → Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → Your Next Questions Real users ask these next - we built the answers. Chapter 7 vs Chapter 13 Which chapter addresses your type of debt? chapter7vs13.org → How Much Does It Cost? Filing fees and attorney costs by chapter howmuchdoesbankruptcycost.com → The Automatic Stay How filing immediately stops collections automaticstay.org → How Discharge Works Which debts get wiped and which survive dischargebar.org → State Bankruptcy Guides Exemptions vary dramatically by state. Find your state's homestead, vehicle, and wildcard exemptions. California · Texas · Florida · New York · Illinois · Ohio Browse All 50 State Guides → 📖 Bankruptcy Glossary -- 61 terms explained Filing in Your State? Exemptions vary dramatically by state. Check what you can protect. Browse Your State's Exemptions → Have a Question? Open Bankruptcy Project provides free educational information. We are not a law firm. Nothing on this site constitutes legal advice. For advice about your specific situation, consult a licensed attorney. Select your state... Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming American Samoa Guam Northern Mariana Islands Puerto Rico U.S. Virgin Islands I understand this is educational information, not legal advice. Submit Question Thank you! We typically respond within one business day. You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Cease and Desist Letters for Debt Collectors -- ceaseanddesistdebt.com Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 Most-read OBP guides Brunner Test (§523(a)(8)) 3-prong analysis for discharging student loans Car Loan After Bankruptcy Buy a car and get financing post-discharge Student Loans in Bankruptcy Can you discharge them? 2026 guide Federal Exemptions §522(d) Complete list of federal exemptions Nondischargeable Debts List Debts that survive bankruptcy discharge Site Map Additional resources on this site Googlezvjzyjfznkwziasscft56Wwvzodyv174Hor3Hvo 08Y Index Related Resources payday loan consolidation companies debt consolidation vs bankruptcy cannot pay my debt --- ## Military Lending Act and Payday Loans [2026]: 10 USC 987 36% MAPR Cap for Servicemembers Source: https://paydayloandebt.org/military-lending-act.html Military Lending Act and Payday Loans Special Protections for Service Members and Families ← Back to paydayloandebt.org Home›Military Lending Act and Payday Loans | paydayloandebt.org›Military Lending Act and Payday Loans What the MLA Does The Military Lending Act (MLA) caps interest at 36% MAPR (Military Annual Percentage Rate) for active-duty service members and their dependents. This effectively bans traditional payday loans for military families because payday loan APRs typically exceed 300%. The MLA also prohibits mandatory arbitration, mandatory allotment repayment, and prepayment penalties for covered borrowers. Who Is Covered Active-duty members of the Army, Navy, Air Force, Marine Corps, Coast Guard, and their dependents (spouse, child under 21, or other dependent). National Guard and Reserve members on active duty orders of more than 30 days are covered. Coverage begins on the date of active-duty orders and continues throughout active service. Covered Products The MLA covers: payday loans, vehicle title loans, tax refund anticipation loans, deposit advance products, installment loans, and credit cards with terms up to certain thresholds. It does not cover mortgages, home equity loans, vehicle purchase loans, or credit cards with no preset spending limit. If you are unsure whether a product is covered, the lender is required to check your MLA coverage status. Enforcement Loans that violate the MLA are void - you owe nothing. The lender cannot collect any principal, interest, or fees. Contact your installation's legal assistance office, the CFPB Military Office, or a military legal aid society. You can also file complaints with the CFPB and your state attorney general. The Department of Defense actively enforces the MLA. Frequently Asked Questions Can a payday lender claim they did not know I was military? Lenders are required to check the MLA database before making a covered loan. If they failed to check, that is their problem, not yours. The protections still apply. Am I covered if I am in the Reserves but not on active duty? Only if you are on active-duty orders of more than 30 days. Traditional Reserve or National Guard members not on active orders are not covered by the MLA. What if I already signed a payday loan that violates the MLA? The loan is void from the beginning. You can stop payments and the lender cannot collect. Contact your base legal assistance office for help enforcing this. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Student Loan Forgiveness Programs -- studentloanforgive.org Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loan Trap Cycle [2026]: CFPB Data on 80% Rollover Rate and Debt Spiral Mechanics Source: https://paydayloandebt.org/payday-loan-trap.html The Payday Loan Trap Cycle How Short-Term Loans Create Long-Term Debt ← Back to paydayloandebt.org Home›The Payday Loan Trap Cycle | paydayloandebt.org›The Payday Loan Trap Cycle How the Trap Works A typical payday loan is $375 with a fee of $55 for a two-week term - an APR of 381%. When the borrower cannot repay in full on payday, they renew the loan for another fee. The CFPB found that 80% of payday loans are rolled over or followed by another loan within 14 days. The average borrower takes out 8 loans per year and pays $520 in fees to repeatedly borrow $375. Who Gets Trapped Payday loan borrowers are disproportionately low-income, minority, and living in states without strong consumer protections. The median borrower earns $22,476 per year. Two-thirds of borrowers use the loan for recurring expenses (rent, utilities, food) rather than emergencies - meaning the underlying cash flow problem is never solved by the loan. The Math of Renewal Borrower takes out $400 loan with $60 fee. On payday, they owe $460 but cannot afford to pay and still cover expenses. They pay the $60 fee to renew for two more weeks. After 6 renewals (3 months), they have paid $360 in fees on a $400 loan and still owe the full $400. In a year, fees can exceed the original loan amount multiple times over. Breaking the Cycle Extended payment plans (EPPs) allow you to repay over time without additional fees - many states require lenders to offer them. Revoking ACH authorization stops automatic withdrawals. Credit union payday alternative loans (PALs) offer lower rates. Nonprofit credit counseling can help restructure. In severe cases, bankruptcy can eliminate payday loan debt entirely. Frequently Asked Questions Is it illegal to not pay back a payday loan? No. Failure to repay a payday loan is a civil matter, not criminal. Payday lenders sometimes threaten criminal prosecution, but this is illegal - using the criminal justice system to collect a debt violates the FDCPA and state law. Can a payday lender garnish my wages? Only with a court judgment. The lender must sue you, win, and then obtain a garnishment order. Many payday lenders never sue because the amounts are small relative to legal costs. How many Americans use payday loans? About 12 million Americans use payday loans each year, paying approximately $9 billion in fees. The average borrower is in debt for 5 months of the year. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Open Bankruptcy Project -- openbankruptcyproject.org Chapter 7 vs. Chapter 13 Comparison -- chapter7vs13.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Revoking Payday Loan ACH Authorization [2026]: 12 CFR 1005.10(c) and Reg E Stop-Payment Rights Source: https://paydayloandebt.org/revoke-ach.html Revoking ACH Authorization for Payday Loans How to Stop Automatic Withdrawals From Your Bank Account ← Back to paydayloandebt.org Home›Revoking ACH Authorization for Payday Loans | paydayloandebt.org›Revoking ACH Authorization for Payday Loans Your Right to Revoke Under federal law (Electronic Fund Transfer Act / Regulation E), you have the right to revoke any ACH authorization at any time. This means you can stop a payday lender from automatically debiting your bank account. The lender cannot refuse, cannot charge a fee for revocation, and cannot accelerate the debt because you revoked. This is a federal right that overrides any contract language. How to Revoke You need to notify BOTH the lender AND your bank. For the lender: send a written revocation via certified mail stating you are revoking ACH authorization under Regulation E, effective immediately. For your bank: submit a written stop payment order and verbal confirmation. Your bank must honor the stop payment if received at least 3 business days before the next scheduled debit. What the Bank Must Do Your bank must stop the payment if you give notice at least 3 business days before the scheduled debit. If the bank processes the payment anyway, they must recredit your account. Written stop payment orders are good for 6 months and can be renewed. The bank may charge a stop payment fee (typically $15-35), but this is far less than a payday loan renewal fee. After Revoking The payday lender will still try to collect the debt through other means (calls, letters, possibly lawsuit). But they cannot access your bank account. This gives you control over when and how much you pay. If the lender attempts to debit your account after revocation, report it to your bank immediately and file a CFPB complaint. Frequently Asked Questions Can the lender sue me for revoking ACH? They can sue you for the unpaid debt (separate from the ACH issue), but they cannot sue you for exercising your federal right to revoke ACH authorization. Revoking ACH is legal and protected. What if the lender debits my account after I revoked? Contact your bank immediately for a recredit. File a complaint with the CFPB. The unauthorized debit may violate the Electronic Fund Transfer Act, entitling you to damages. Should I close my bank account instead? Closing your account works but is disruptive. Revoking ACH authorization and placing a stop payment is usually sufficient. If you have reason to believe the lender will attempt unauthorized debits, closing and opening a new account at a different bank provides the most protection. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Student Loans in Bankruptcy -- bankruptcystudentloans.org Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Complaints Against Payday Lenders [2026]: State AG, CFPB, and FTC Filing Procedures Source: https://paydayloandebt.org/state-ag-complaints.html Filing a Complaint Against a Payday Lender How to Report Predatory Lending to Your State Attorney General ← Back to paydayloandebt.org Home›Filing a Complaint Against a Payday Lender | paydayloandebt.org›Filing a Complaint Against a Payday Lender When to File a Complaint File a complaint if a payday lender: charged more than your state's rate cap, failed to offer a required extended payment plan, made unauthorized debits from your bank account, threatened you with arrest or criminal prosecution, harassed you at work or contacted third parties, violated the FDCPA (if the debt was sold to a collector), or operated without a required state license. State Attorney General Every state has an attorney general with a consumer protection division. File online at your state AG's website. Include: lender name and contact information, loan details (amount, date, fees, APR), description of the violation, copies of documents (loan agreement, bank statements showing unauthorized debits, letters, call logs). State AGs have the power to investigate, fine, and shut down illegal lenders. CFPB Complaint File at consumerfinance.gov/complaint. The CFPB forwards your complaint to the lender and requires a response within 15 days. The CFPB tracks complaint patterns and uses them for enforcement actions. The CFPB has taken multiple enforcement actions against payday lenders, resulting in billions in refunds to consumers. Other Resources File with your state's financial regulator (Department of Financial Institutions, Banking Commissioner, etc.). If the lender is online, file in both your state and the lender's state. Report to the FTC at ftc.gov. If you are in the military, contact the CFPB Military Office and your base legal assistance. For class-action potential, contact a consumer protection attorney. Frequently Asked Questions Will filing a complaint stop the lender from collecting? Filing a complaint does not automatically stop collection. However, it creates a record and may trigger a regulatory investigation. If the lender is operating illegally, the complaint can lead to enforcement action that benefits all borrowers. Can I get my money back? If the lender violated state law, you may be entitled to a refund of illegal fees and interest. State AG enforcement actions often include consumer restitution. A private lawsuit can also recover damages. Is it worth filing a complaint for a small loan? Yes. Individual complaints build the pattern that regulators use for enforcement. Your $400 complaint, combined with thousands of others, can lead to industry-wide changes and millions in restitution. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Cease and Desist Letters for Debt Collectors -- ceaseanddesistdebt.com Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Payday Loan Regulations by State [2026]: APR Caps, Loan Limits, and Prohibitions Map Source: https://paydayloandebt.org/state-regulations.html Payday Loan Regulations by State Where Payday Loans Are Banned, Limited, or Unrestricted ← Back to paydayloandebt.org Home›Payday Loan Regulations by State | paydayloandebt.org›Payday Loan Regulations by State States That Ban Payday Lending As of 2026, approximately 18 states and DC effectively ban payday lending through rate caps or outright prohibitions: Arizona, Arkansas, Colorado (reformed), Connecticut, Georgia, Illinois (reformed 2022), Maryland, Massachusetts, Montana, Nebraska (reformed 2020), New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Dakota (reformed 2016), Vermont, and West Virginia. If you are in one of these states and a lender is offering payday loans, they may be operating illegally. States With Moderate Protections Some states allow payday lending with restrictions: maximum loan amounts ($300-$1,000), limits on the number of outstanding loans, mandatory extended payment plan options, cooling-off periods between loans, and database systems that prevent excessive borrowing. These protections help but do not eliminate the debt trap. States With Minimal Regulation States like Texas, Mississippi, Missouri, and others have minimal payday lending restrictions, allowing triple-digit APRs and repeated rollovers. In these states, borrowers must be especially vigilant about understanding the terms and knowing their alternatives. Online Lenders and State Law Online payday lenders must comply with the laws of the borrower's state, not the lender's state. If you live in a state that bans payday lending, an online lender cannot legally make you a payday loan. Some online lenders claim tribal sovereign immunity to evade state laws - courts have increasingly rejected these claims. If an online lender violated your state's laws, you may have a legal claim. Frequently Asked Questions What if I borrowed from an online lender in a state that bans payday loans? The loan may be void or unenforceable. You may only owe the principal (no fees or interest). Contact your state attorney general or a consumer protection attorney to explore your options. Can payday lenders charge any interest rate they want? It depends on your state. Some states have no rate cap for payday lenders. Others cap rates at 36% APR (the military rate). Still others ban the product entirely. Check your state's consumer protection laws. Do tribal lenders have to follow state law? Courts are divided, but the trend is toward requiring tribal lenders to comply with state consumer protection laws, especially when the tribe has little actual involvement in the lending operation. Check your bankruptcy discharge eligibility with our free screening tool. Free Discharge Screener About This Data: Content based on federal bankruptcy law (Title 11, U.S. Code) and the Fair Debt Collection Practices Act (15 U.S.C. 1692). District-level statistics from the Federal Judicial Center Integrated Database (37.9 million cases, 94 districts, FY 2008-2024). This is educational content, not legal advice. Related Guides What to Expect at a 341 Meeting Credit Counseling for Bankruptcy Reaffirmation Agreements Explained What Happens in Bankruptcy? Free, open-source bankruptcy transparency. No ads. No affiliate links. Supported by donations. ♥ Donate Further Reading & Resources Authority sources for deeper research on credit card and consumer debt: CFPB: Credit Card Resources CFPB tools Federal Reserve Consumer Credit (G.19) Fed data CFPB: Debt Relief Options Consumer guide FTC: Coping with Debt FTC guide Find Free Legal Aid LSC legal aid finder Credit Counseling Agencies DOJ approved list Consumer Debt Research Google Scholar Related Guides 1099-C Cancellation of Debt Free bankruptcy information guide 1099cdebt.com → Average Credit Card Debt Stats Free bankruptcy information guide averagecreditcarddebt.org → Taxes and Bankruptcy Free bankruptcy information guide bankruptcytaxes.org → Credit Card Debt in Bankruptcy Discharge credit card debt in bankruptcy creditcarddebtbankruptcy.org → You May Also Find Helpful Bankruptcy Means Test by State -- bankruptcymeanstest.org Student Loan Forgiveness Programs -- studentloanforgive.org Open Bankruptcy Project -- openbankruptcyproject.org Part of the Bankruptcy Transparency Network Real information, no strings. Discharge Screener Open Bankruptcy Project Ch.7 vs Ch.13 Bankruptcy Cost Automatic Stay 341 Meeting Exemptions by State Means Test File Without a Lawyer Rebuild Credit 1099cdebt.com Free bankruptcy education for the public interest. Not legal advice. If you need legal help, contact a licensed attorney in your state. A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit (EIN 41-5159631). Privacy | Terms ♥ Donate Our research was cited by the federal judiciary as Suggestion 26-BK-3 --- ## Privacy Policy - paydayloandebt.org Source: https://paydayloandebt.org/privacy.html paydayloandebt.org Home Privacy Privacy Policy How we handle your data. Short version: we don't sell it, share it, or use it for advertising. Data We Collect We use Google Analytics (GA4) to measure aggregate site traffic. This includes page views, session duration, approximate geographic region (country and city level), and device type. 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Supported by donations. --- ## Alabama Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/alabama.html ← paydayloandebt.org home Alabama Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Alabama residents. Alabama Payday Loan Status Alabama allows payday lending with regulation. Up to $500 per loan; fee 17.5% of amount advanced Rollover practice: no rollovers allowed RuleAlabama Status Legal statusLEGAL Loan / fee capUp to $500 per loan; fee 17.5% of amount advanced Rollover ruleNo rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationAla. Code 5-18A-12 Usury Cap and Enforceability in Alabama In Alabama, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Alabama payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Ala. Code 5-18A-12. Rollover Prohibitions in Alabama No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Alabama lender rolled a loan without authority under Ala. Code 5-18A-12, the rollover may be void. APR Disclosure Rules in Alabama APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Alabama Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Alabama Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Alabama debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,743 consumer bankruptcy cases from Alabama's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7478n/an/a Chapter 131,265n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Alabama) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Alabama. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Alabama Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Alabama debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Alabama means test. Related Alabama Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Alabama debt validation SOL Alabama bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Alaska Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/alaska.html ← paydayloandebt.org home Alaska Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Alaska residents. Alaska Payday Loan Status Alaska allows payday lending with regulation. $500 max; $15 + 15% of first $100 fee structure Rollover practice: 1 rollover allowed RuleAlaska Status Legal statusLEGAL Loan / fee cap$500 max; $15 + 15% of first $100 fee structure Rollover rule1 rollover allowed APR disclosureAPR disclosure required per TILA Primary citationAS 06.50.460 Usury Cap and Enforceability in Alaska In Alaska, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Alaska payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against AS 06.50.460. Rollover Prohibitions in Alaska 1 rollover allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Alaska lender rolled a loan without authority under AS 06.50.460, the rollover may be void. APR Disclosure Rules in Alaska APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Alaska Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Alaska) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Alaska. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Alaska Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Alaska debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Alaska means test. Related Alaska Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Alaska debt validation SOL Alaska bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Arizona Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/arizona.html ← paydayloandebt.org home Arizona Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Arizona residents. Arizona Payday Loan Status Arizona is one of 18 states that ban payday lending. Payday lending ended after 2010 sunset; lenders must be consumer-loan-licensed (36% cap) If a payday lender solicited or loaned to you in Arizona, the loan may be void or unenforceable, and you may have claims under state usury law. RuleArizona Status Legal statusBANNED Loan / fee capPayday lending ended after 2010 sunset; lenders must be consumer-loan-licensed (36% cap) Rollover ruleN/A - banned APR disclosureN/A Primary citationARS 6-632 (sunset 2010) Usury Cap and Enforceability in Arizona In Arizona, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Arizona payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against ARS 6-632 (sunset 2010). Rollover Prohibitions in Arizona N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Arizona lender rolled a loan without authority under ARS 6-632 (sunset 2010), the rollover may be void. APR Disclosure Rules in Arizona N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Arizona Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Arizona) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Arizona. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Arizona Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Arizona debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Arizona means test. Related Arizona Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Arizona debt validation SOL Arizona bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Arkansas Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/arkansas.html ← paydayloandebt.org home Arkansas Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Arkansas residents. Arkansas Payday Loan Status Arkansas is one of 18 states that ban payday lending. Arkansas Supreme Court declared payday lending unconstitutional 2008 (McGhee v. Arkansas State Bd.) If a payday lender solicited or loaned to you in Arkansas, the loan may be void or unenforceable, and you may have claims under state usury law. RuleArkansas Status Legal statusBANNED Loan / fee capArkansas Supreme Court declared payday lending unconstitutional 2008 (McGhee v. Arkansas State Bd.) Rollover ruleN/A - banned APR disclosureN/A Primary citationArk. Const. art. XIX, section 13 Usury Cap and Enforceability in Arkansas In Arkansas, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Arkansas payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Ark. Const. art. XIX, section 13. Rollover Prohibitions in Arkansas N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Arkansas lender rolled a loan without authority under Ark. Const. art. XIX, section 13, the rollover may be void. APR Disclosure Rules in Arkansas N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Arkansas Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Arkansas Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Arkansas debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 959 consumer bankruptcy cases from Arkansas's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 746296.7%3.3% Chapter 1349760.9%39.1% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Arkansas) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Arkansas. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Arkansas Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Arkansas debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Arkansas means test. Related Arkansas Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Arkansas debt validation SOL Arkansas bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## California Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/california.html ← paydayloandebt.org home California Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for California residents. California Payday Loan Status California is one of 10 states with an effective payday-loan cap. Deferred deposit: $300 max; $45 fee max (Financial Code 23000+); new 36% APR cap on loans over $2,500 (AB 539, 2019) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleCalifornia Status Legal statusCAPPED Loan / fee capDeferred deposit: $300 max; $45 fee max (Financial Code 23000+); new 36% APR cap on loans over $2,500 (AB 539, 2019) Rollover ruleNo rollovers; cooling-off period required APR disclosureAPR disclosure required + AB 539 36% cap for qualifying loans Primary citationCal. Fin. Code 23036 Usury Cap and Enforceability in California In California, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a California payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Cal. Fin. Code 23036. Rollover Prohibitions in California No rollovers; cooling-off period required Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a California lender rolled a loan without authority under Cal. Fin. Code 23036, the rollover may be void. APR Disclosure Rules in California APR disclosure required + AB 539 36% cap for qualifying loans The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in California Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. California Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how California debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 6,723 consumer bankruptcy cases from California's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 75,80898.4%1.6% Chapter 1391538.8%61.2% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in California) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including California. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in California Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most California debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the California means test. Related California Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy California debt validation SOL California bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Colorado Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/colorado.html ← paydayloandebt.org home Colorado Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Colorado residents. Colorado Payday Loan Status Colorado is one of 10 states with an effective payday-loan cap. 36% APR cap (Prop 111, 2018); 6-month minimum term This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleColorado Status Legal statusCAPPED Loan / fee cap36% APR cap (Prop 111, 2018); 6-month minimum term Rollover ruleNo rollovers allowed APR disclosure36% APR cap is itself the disclosure floor Primary citationColo. Rev. Stat. 5-3.1-106 Usury Cap and Enforceability in Colorado In Colorado, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Colorado payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Colo. Rev. Stat. 5-3.1-106. Rollover Prohibitions in Colorado No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Colorado lender rolled a loan without authority under Colo. Rev. Stat. 5-3.1-106, the rollover may be void. APR Disclosure Rules in Colorado 36% APR cap is itself the disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Colorado Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Colorado Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Colorado debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 86 consumer bankruptcy cases from Colorado's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 78498.8%1.2% Chapter 132n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Colorado) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Colorado. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Colorado Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Colorado debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Colorado means test. Related Colorado Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Colorado debt validation SOL Colorado bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Connecticut Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/connecticut.html ← paydayloandebt.org home Connecticut Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Connecticut residents. Connecticut Payday Loan Status Connecticut is one of 18 states that ban payday lending. State usury cap 12% blocks payday lending; no payday lender licenses issued If a payday lender solicited or loaned to you in Connecticut, the loan may be void or unenforceable, and you may have claims under state usury law. RuleConnecticut Status Legal statusBANNED Loan / fee capState usury cap 12% blocks payday lending; no payday lender licenses issued Rollover ruleN/A - banned APR disclosureN/A Primary citationConn. Gen. Stat. 36a-570 Usury Cap and Enforceability in Connecticut In Connecticut, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Connecticut payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Conn. Gen. Stat. 36a-570. Rollover Prohibitions in Connecticut N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Connecticut lender rolled a loan without authority under Conn. Gen. Stat. 36a-570, the rollover may be void. APR Disclosure Rules in Connecticut N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Connecticut Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Connecticut Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Connecticut debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 93 consumer bankruptcy cases from Connecticut's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 77495.2%4.8% Chapter 1319n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Connecticut) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Connecticut. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Connecticut Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Connecticut debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Connecticut means test. Related Connecticut Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Connecticut debt validation SOL Connecticut bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Delaware Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/delaware.html ← paydayloandebt.org home Delaware Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Delaware residents. Delaware Payday Loan Status Delaware allows payday lending with regulation. $1,000 max short-term consumer loan; no fixed APR cap Rollover practice: 4 rollovers allowed (stricter than some) RuleDelaware Status Legal statusLEGAL Loan / fee cap$1,000 max short-term consumer loan; no fixed APR cap Rollover rule4 rollovers allowed (stricter than some) APR disclosureAPR disclosure required per TILA Primary citation5 Del. C. 2227 Usury Cap and Enforceability in Delaware In Delaware, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Delaware payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 5 Del. C. 2227. Rollover Prohibitions in Delaware 4 rollovers allowed (stricter than some) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Delaware lender rolled a loan without authority under 5 Del. C. 2227, the rollover may be void. APR Disclosure Rules in Delaware APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Delaware Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Delaware) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Delaware. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Delaware Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Delaware debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Delaware means test. Related Delaware Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Delaware debt validation SOL Delaware bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## District of Columbia Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/district-of-columbia.html ← paydayloandebt.org home District of Columbia Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for District of Columbia residents. District of Columbia Payday Loan Status District of Columbia is one of 18 states that ban payday lending. 24% APR cap blocks payday lending If a payday lender solicited or loaned to you in District of Columbia, the loan may be void or unenforceable, and you may have claims under state usury law. RuleDistrict of Columbia Status Legal statusBANNED Loan / fee cap24% APR cap blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationDC Code 28-3301 Usury Cap and Enforceability in District of Columbia In District of Columbia, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a District of Columbia payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against DC Code 28-3301. Rollover Prohibitions in District of Columbia N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a District of Columbia lender rolled a loan without authority under DC Code 28-3301, the rollover may be void. APR Disclosure Rules in District of Columbia N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in District of Columbia Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in District of Columbia) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including District of Columbia. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in District of Columbia Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most District of Columbia debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the District of Columbia means test. Related District of Columbia Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy District of Columbia debt validation SOL District of Columbia bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Florida Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/florida.html ← paydayloandebt.org home Florida Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Florida residents. Florida Payday Loan Status Florida is one of 10 states with an effective payday-loan cap. $500 max; 10% fee + verification fee up to $5; 24-hour cooling-off period This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleFlorida Status Legal statusCAPPED Loan / fee cap$500 max; 10% fee + verification fee up to $5; 24-hour cooling-off period Rollover ruleNo rollovers allowed (FSF database check required) APR disclosureAPR disclosure required + state database Primary citationFla. Stat. 560.402 Usury Cap and Enforceability in Florida In Florida, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Florida payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Fla. Stat. 560.402. Rollover Prohibitions in Florida No rollovers allowed (FSF database check required) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Florida lender rolled a loan without authority under Fla. Stat. 560.402, the rollover may be void. APR Disclosure Rules in Florida APR disclosure required + state database The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Florida Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Florida Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Florida debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 46,008 consumer bankruptcy cases from Florida's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 724,38994.2%5.1% Chapter 1321,61951.3%48.6% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Florida) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Florida. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Florida Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Florida debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Florida means test. Related Florida Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Florida debt validation SOL Florida bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Georgia Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/georgia.html ← paydayloandebt.org home Georgia Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Georgia residents. Georgia Payday Loan Status Georgia is one of 18 states that ban payday lending. State usury cap 10%/60% blocks payday lending (payday loans are a felony) If a payday lender solicited or loaned to you in Georgia, the loan may be void or unenforceable, and you may have claims under state usury law. RuleGeorgia Status Legal statusBANNED Loan / fee capState usury cap 10%/60% blocks payday lending (payday loans are a felony) Rollover ruleN/A - banned APR disclosureN/A Primary citationO.C.G.A. 16-17-1 Usury Cap and Enforceability in Georgia In Georgia, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Georgia payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against O.C.G.A. 16-17-1. Rollover Prohibitions in Georgia N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Georgia lender rolled a loan without authority under O.C.G.A. 16-17-1, the rollover may be void. APR Disclosure Rules in Georgia N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Georgia Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Georgia Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Georgia debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,240 consumer bankruptcy cases from Georgia's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 796998.6%0.8% Chapter 1327171.2%28.8% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Georgia) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Georgia. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Georgia Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Georgia debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Georgia means test. Related Georgia Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Georgia debt validation SOL Georgia bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Hawaii Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/hawaii.html ← paydayloandebt.org home Hawaii Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Hawaii residents. Hawaii Payday Loan Status Hawaii is one of 10 states with an effective payday-loan cap. 2022 reform: 36% APR cap + $5 origination fee; $1,500 max loan This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleHawaii Status Legal statusCAPPED Loan / fee cap2022 reform: 36% APR cap + $5 origination fee; $1,500 max loan Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationHRS 480F-4 Usury Cap and Enforceability in Hawaii In Hawaii, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Hawaii payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against HRS 480F-4. Rollover Prohibitions in Hawaii No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Hawaii lender rolled a loan without authority under HRS 480F-4, the rollover may be void. APR Disclosure Rules in Hawaii 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Hawaii Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Hawaii) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Hawaii. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Hawaii Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Hawaii debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Hawaii means test. Related Hawaii Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Hawaii debt validation SOL Hawaii bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Idaho Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/idaho.html ← paydayloandebt.org home Idaho Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Idaho residents. Idaho Payday Loan Status Idaho allows payday lending with regulation. $1,000 max; no fixed rate cap Rollover practice: 3 rollovers allowed RuleIdaho Status Legal statusLEGAL Loan / fee cap$1,000 max; no fixed rate cap Rollover rule3 rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationIdaho Code 28-46-401 Usury Cap and Enforceability in Idaho In Idaho, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Idaho payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Idaho Code 28-46-401. Rollover Prohibitions in Idaho 3 rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Idaho lender rolled a loan without authority under Idaho Code 28-46-401, the rollover may be void. APR Disclosure Rules in Idaho APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Idaho Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Idaho) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Idaho. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Idaho Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Idaho debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Idaho means test. Related Idaho Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Idaho debt validation SOL Idaho bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Illinois Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/illinois.html ← paydayloandebt.org home Illinois Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Illinois residents. Illinois Payday Loan Status Illinois is one of 10 states with an effective payday-loan cap. Predatory Loan Prevention Act (2021): 36% APR cap on all consumer loans This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleIllinois Status Legal statusCAPPED Loan / fee capPredatory Loan Prevention Act (2021): 36% APR cap on all consumer loans Rollover ruleNo rollovers allowed APR disclosure36% APR cap is disclosure floor Primary citation815 ILCS 123/15-5-5 Usury Cap and Enforceability in Illinois In Illinois, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Illinois payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 815 ILCS 123/15-5-5. Rollover Prohibitions in Illinois No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Illinois lender rolled a loan without authority under 815 ILCS 123/15-5-5, the rollover may be void. APR Disclosure Rules in Illinois 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Illinois Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Illinois Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Illinois debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 9,898 consumer bankruptcy cases from Illinois's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 76,72999.5%0.4% Chapter 133,16945.9%53.7% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Illinois) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Illinois. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Illinois Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Illinois debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Illinois means test. Related Illinois Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Illinois debt validation SOL Illinois bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Payday Loan Regulation by State [2026] Source: https://paydayloandebt.org/states/ ← paydayloandebt.org home Payday Loan Regulation by State Per-state payday loan legality (banned in 18 states, capped in 10), APR caps, rollover bans, and discharge options for payday borrowers. All 50 States and DC AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 Most-read OBP guides Brunner Test (§523(a)(8)) 3-prong analysis for discharging student loans Car Loan After Bankruptcy Buy a car and get financing post-discharge Student Loans in Bankruptcy Can you discharge them? 2026 guide Federal Exemptions §522(d) Complete list of federal exemptions Nondischargeable Debts List Debts that survive bankruptcy discharge --- ## Indiana Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/indiana.html ← paydayloandebt.org home Indiana Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Indiana residents. Indiana Payday Loan Status Indiana allows payday lending with regulation. $50-$605 max; tiered fees (15%/13%/10%) Rollover practice: no rollovers after borrower has 5 loans/year RuleIndiana Status Legal statusLEGAL Loan / fee cap$50-$605 max; tiered fees (15%/13%/10%) Rollover ruleNo rollovers after borrower has 5 loans/year APR disclosureAPR disclosure required per TILA Primary citationInd. Code 24-4.5-7 Usury Cap and Enforceability in Indiana In Indiana, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Indiana payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Ind. Code 24-4.5-7. Rollover Prohibitions in Indiana No rollovers after borrower has 5 loans/year Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Indiana lender rolled a loan without authority under Ind. Code 24-4.5-7, the rollover may be void. APR Disclosure Rules in Indiana APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Indiana Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Indiana Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Indiana debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 3,325 consumer bankruptcy cases from Indiana's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 779297.5%2.0% Chapter 132,53369.8%29.5% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Indiana) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Indiana. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Indiana Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Indiana debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Indiana means test. Related Indiana Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Indiana debt validation SOL Indiana bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Iowa Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/iowa.html ← paydayloandebt.org home Iowa Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Iowa residents. Iowa Payday Loan Status Iowa allows payday lending with regulation. $500 max; $15 fee per $100 (tiered) Rollover practice: no rollovers allowed RuleIowa Status Legal statusLEGAL Loan / fee cap$500 max; $15 fee per $100 (tiered) Rollover ruleNo rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationIowa Code 533D Usury Cap and Enforceability in Iowa In Iowa, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Iowa payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Iowa Code 533D. Rollover Prohibitions in Iowa No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Iowa lender rolled a loan without authority under Iowa Code 533D, the rollover may be void. APR Disclosure Rules in Iowa APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Iowa Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Iowa) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Iowa. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Iowa Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Iowa debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Iowa means test. Related Iowa Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Iowa debt validation SOL Iowa bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Kansas Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/kansas.html ← paydayloandebt.org home Kansas Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Kansas residents. Kansas Payday Loan Status Kansas allows payday lending with regulation. $500 max; 15% of amount advanced Rollover practice: no more than 3 loans in any 30-day period RuleKansas Status Legal statusLEGAL Loan / fee cap$500 max; 15% of amount advanced Rollover ruleNo more than 3 loans in any 30-day period APR disclosureAPR disclosure required per TILA Primary citationK.S.A. 16a-2-404 Usury Cap and Enforceability in Kansas In Kansas, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Kansas payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against K.S.A. 16a-2-404. Rollover Prohibitions in Kansas No more than 3 loans in any 30-day period Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Kansas lender rolled a loan without authority under K.S.A. 16a-2-404, the rollover may be void. APR Disclosure Rules in Kansas APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Kansas Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Kansas Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Kansas debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 40,849 consumer bankruptcy cases from Kansas's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 718,67399.4%0.5% Chapter 1322,17673.1%26.9% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Kansas) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Kansas. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Kansas Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Kansas debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Kansas means test. Related Kansas Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Kansas debt validation SOL Kansas bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Kentucky Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/kentucky.html ← paydayloandebt.org home Kentucky Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Kentucky residents. Kentucky Payday Loan Status Kentucky allows payday lending with regulation. $500 max; $15 per $100; 60-day term Rollover practice: no rollovers allowed (state database check) RuleKentucky Status Legal statusLEGAL Loan / fee cap$500 max; $15 per $100; 60-day term Rollover ruleNo rollovers allowed (state database check) APR disclosureAPR disclosure required per TILA Primary citationKRS 286.9 Usury Cap and Enforceability in Kentucky In Kentucky, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Kentucky payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against KRS 286.9. Rollover Prohibitions in Kentucky No rollovers allowed (state database check) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Kentucky lender rolled a loan without authority under KRS 286.9, the rollover may be void. APR Disclosure Rules in Kentucky APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Kentucky Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Kentucky Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Kentucky debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,692 consumer bankruptcy cases from Kentucky's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 731897.5%1.7% Chapter 131,37472.1%27.0% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Kentucky) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Kentucky. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Kentucky Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Kentucky debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Kentucky means test. Related Kentucky Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Kentucky debt validation SOL Kentucky bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Louisiana Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/louisiana.html ← paydayloandebt.org home Louisiana Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Louisiana residents. Louisiana Payday Loan Status Louisiana allows payday lending with regulation. $350 max; 16.75% + $10 documentation Rollover practice: no rollovers allowed RuleLouisiana Status Legal statusLEGAL Loan / fee cap$350 max; 16.75% + $10 documentation Rollover ruleNo rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationLa. R.S. 9:3578.1 Usury Cap and Enforceability in Louisiana In Louisiana, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Louisiana payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against La. R.S. 9:3578.1. Rollover Prohibitions in Louisiana No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Louisiana lender rolled a loan without authority under La. R.S. 9:3578.1, the rollover may be void. APR Disclosure Rules in Louisiana APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Louisiana Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Louisiana) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Louisiana. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Louisiana Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Louisiana debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Louisiana means test. Related Louisiana Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Louisiana debt validation SOL Louisiana bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Maine Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/maine.html ← paydayloandebt.org home Maine Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Maine residents. Maine Payday Loan Status Maine allows payday lending with regulation. $2,000 max consumer loan; 30% APR cap for supervised lenders Rollover practice: no rollovers allowed RuleMaine Status Legal statusLEGAL Loan / fee cap$2,000 max consumer loan; 30% APR cap for supervised lenders Rollover ruleNo rollovers allowed APR disclosure30% APR cap is disclosure floor Primary citation9-A MRS 2-401 Usury Cap and Enforceability in Maine In Maine, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Maine payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 9-A MRS 2-401. Rollover Prohibitions in Maine No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Maine lender rolled a loan without authority under 9-A MRS 2-401, the rollover may be void. APR Disclosure Rules in Maine 30% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Maine Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Maine) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Maine. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Maine Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Maine debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Maine means test. Related Maine Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Maine debt validation SOL Maine bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Maryland Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/maryland.html ← paydayloandebt.org home Maryland Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Maryland residents. Maryland Payday Loan Status Maryland is one of 18 states that ban payday lending. 33% APR cap blocks payday lending If a payday lender solicited or loaned to you in Maryland, the loan may be void or unenforceable, and you may have claims under state usury law. RuleMaryland Status Legal statusBANNED Loan / fee cap33% APR cap blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationMd. Code Com. Law 12-313 Usury Cap and Enforceability in Maryland In Maryland, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Maryland payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Md. Code Com. Law 12-313. Rollover Prohibitions in Maryland N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Maryland lender rolled a loan without authority under Md. Code Com. Law 12-313, the rollover may be void. APR Disclosure Rules in Maryland N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Maryland Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Maryland Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Maryland debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 559 consumer bankruptcy cases from Maryland's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 742097.4%0.0% Chapter 13139n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Maryland) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Maryland. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Maryland Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Maryland debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Maryland means test. Related Maryland Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Maryland debt validation SOL Maryland bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Massachusetts Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/massachusetts.html ← paydayloandebt.org home Massachusetts Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Massachusetts residents. Massachusetts Payday Loan Status Massachusetts is one of 18 states that ban payday lending. 23% APR cap blocks payday lending If a payday lender solicited or loaned to you in Massachusetts, the loan may be void or unenforceable, and you may have claims under state usury law. RuleMassachusetts Status Legal statusBANNED Loan / fee cap23% APR cap blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationM.G.L. c.140 s.96 Usury Cap and Enforceability in Massachusetts In Massachusetts, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Massachusetts payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against M.G.L. c.140 s.96. Rollover Prohibitions in Massachusetts N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Massachusetts lender rolled a loan without authority under M.G.L. c.140 s.96, the rollover may be void. APR Disclosure Rules in Massachusetts N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Massachusetts Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Massachusetts Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Massachusetts debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,356 consumer bankruptcy cases from Massachusetts's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 71,29098.3%0.9% Chapter 136659.1%40.9% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Massachusetts) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Massachusetts. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Massachusetts Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Massachusetts debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Massachusetts means test. Related Massachusetts Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Massachusetts debt validation SOL Massachusetts bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Michigan Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/michigan.html ← paydayloandebt.org home Michigan Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Michigan residents. Michigan Payday Loan Status Michigan allows payday lending with regulation. $600 max; tiered fees up to 15% first $100 Rollover practice: no rollovers allowed (difs database) RuleMichigan Status Legal statusLEGAL Loan / fee cap$600 max; tiered fees up to 15% first $100 Rollover ruleNo rollovers allowed (DIFS database) APR disclosureAPR disclosure required per TILA Primary citationMCL 487.2121 Usury Cap and Enforceability in Michigan In Michigan, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Michigan payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against MCL 487.2121. Rollover Prohibitions in Michigan No rollovers allowed (DIFS database) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Michigan lender rolled a loan without authority under MCL 487.2121, the rollover may be void. APR Disclosure Rules in Michigan APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Michigan Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Michigan Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Michigan debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,133 consumer bankruptcy cases from Michigan's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7633100.0%0.0% Chapter 1350048.3%51.0% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Michigan) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Michigan. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Michigan Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Michigan debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Michigan means test. Related Michigan Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Michigan debt validation SOL Michigan bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Minnesota Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/minnesota.html ← paydayloandebt.org home Minnesota Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Minnesota residents. Minnesota Payday Loan Status Minnesota allows payday lending with regulation. $350 max (up to $1,000 via consumer loan license); $5.50 + 10-15% fee Rollover practice: no rollovers allowed RuleMinnesota Status Legal statusLEGAL Loan / fee cap$350 max (up to $1,000 via consumer loan license); $5.50 + 10-15% fee Rollover ruleNo rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationMinn. Stat. 47.60 Usury Cap and Enforceability in Minnesota In Minnesota, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Minnesota payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Minn. Stat. 47.60. Rollover Prohibitions in Minnesota No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Minnesota lender rolled a loan without authority under Minn. Stat. 47.60, the rollover may be void. APR Disclosure Rules in Minnesota APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Minnesota Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Minnesota Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Minnesota debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 395 consumer bankruptcy cases from Minnesota's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 737999.7%0.3% Chapter 1316n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Minnesota) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Minnesota. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Minnesota Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Minnesota debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Minnesota means test. Related Minnesota Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Minnesota debt validation SOL Minnesota bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Mississippi Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/mississippi.html ← paydayloandebt.org home Mississippi Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Mississippi residents. Mississippi Payday Loan Status Mississippi allows payday lending with regulation. $500 max; $20 per $100 (very high effective APR) Rollover practice: limited rollovers; 28-day cooling off after 5 loans RuleMississippi Status Legal statusLEGAL Loan / fee cap$500 max; $20 per $100 (very high effective APR) Rollover ruleLimited rollovers; 28-day cooling off after 5 loans APR disclosureAPR disclosure required per TILA Primary citationMiss. Code 75-67-501 Usury Cap and Enforceability in Mississippi In Mississippi, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Mississippi payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Miss. Code 75-67-501. Rollover Prohibitions in Mississippi Limited rollovers; 28-day cooling off after 5 loans Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Mississippi lender rolled a loan without authority under Miss. Code 75-67-501, the rollover may be void. APR Disclosure Rules in Mississippi APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Mississippi Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Mississippi) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Mississippi. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Mississippi Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Mississippi debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Mississippi means test. Related Mississippi Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Mississippi debt validation SOL Mississippi bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Missouri Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/missouri.html ← paydayloandebt.org home Missouri Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Missouri residents. Missouri Payday Loan Status Missouri allows payday lending with regulation. $500 max; no fee cap but $75 total fee ceiling Rollover practice: 6 rollovers allowed (one of highest in us) RuleMissouri Status Legal statusLEGAL Loan / fee cap$500 max; no fee cap but $75 total fee ceiling Rollover rule6 rollovers allowed (one of highest in US) APR disclosureAPR disclosure required per TILA Primary citationRSMo 408.500 Usury Cap and Enforceability in Missouri In Missouri, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Missouri payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against RSMo 408.500. Rollover Prohibitions in Missouri 6 rollovers allowed (one of highest in US) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Missouri lender rolled a loan without authority under RSMo 408.500, the rollover may be void. APR Disclosure Rules in Missouri APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Missouri Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Missouri Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Missouri debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 45,771 consumer bankruptcy cases from Missouri's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 722,13299.0%0.8% Chapter 1323,63955.1%44.7% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Missouri) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Missouri. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Missouri Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Missouri debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Missouri means test. Related Missouri Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Missouri debt validation SOL Missouri bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Montana Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/montana.html ← paydayloandebt.org home Montana Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Montana residents. Montana Payday Loan Status Montana is one of 10 states with an effective payday-loan cap. 36% APR cap (I-164, 2010) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleMontana Status Legal statusCAPPED Loan / fee cap36% APR cap (I-164, 2010) Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationMCA 31-1-722 Usury Cap and Enforceability in Montana In Montana, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Montana payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against MCA 31-1-722. Rollover Prohibitions in Montana No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Montana lender rolled a loan without authority under MCA 31-1-722, the rollover may be void. APR Disclosure Rules in Montana 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Montana Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Montana) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Montana. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Montana Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Montana debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Montana means test. Related Montana Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Montana debt validation SOL Montana bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Nebraska Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/nebraska.html ← paydayloandebt.org home Nebraska Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Nebraska residents. Nebraska Payday Loan Status Nebraska is one of 10 states with an effective payday-loan cap. 36% APR cap (Initiative 428, 2020) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleNebraska Status Legal statusCAPPED Loan / fee cap36% APR cap (Initiative 428, 2020) Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationNeb. Rev. Stat. 45-918 Usury Cap and Enforceability in Nebraska In Nebraska, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Nebraska payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Neb. Rev. Stat. 45-918. Rollover Prohibitions in Nebraska No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Nebraska lender rolled a loan without authority under Neb. Rev. Stat. 45-918, the rollover may be void. APR Disclosure Rules in Nebraska 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Nebraska Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Nebraska Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Nebraska debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 75 consumer bankruptcy cases from Nebraska's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 757100.0%0.0% Chapter 1318n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Nebraska) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Nebraska. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Nebraska Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Nebraska debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Nebraska means test. Related Nebraska Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Nebraska debt validation SOL Nebraska bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Nevada Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/nevada.html ← paydayloandebt.org home Nevada Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Nevada residents. Nevada Payday Loan Status Nevada allows payday lending with regulation. No loan cap; no fee cap (very liberal) Rollover practice: 1 rollover but 60-day cooling off RuleNevada Status Legal statusLEGAL Loan / fee capNo loan cap; no fee cap (very liberal) Rollover rule1 rollover but 60-day cooling off APR disclosureAPR disclosure required per TILA Primary citationNRS 604A Usury Cap and Enforceability in Nevada In Nevada, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Nevada payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against NRS 604A. Rollover Prohibitions in Nevada 1 rollover but 60-day cooling off Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Nevada lender rolled a loan without authority under NRS 604A, the rollover may be void. APR Disclosure Rules in Nevada APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Nevada Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Nevada Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Nevada debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 242 consumer bankruptcy cases from Nevada's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 716493.4%5.9% Chapter 137837.2%62.8% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Nevada) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Nevada. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Nevada Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Nevada debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Nevada means test. Related Nevada Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Nevada debt validation SOL Nevada bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## New Hampshire Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/new-hampshire.html ← paydayloandebt.org home New Hampshire Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for New Hampshire residents. New Hampshire Payday Loan Status New Hampshire is one of 10 states with an effective payday-loan cap. 36% APR cap (RSA 399-A) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleNew Hampshire Status Legal statusCAPPED Loan / fee cap36% APR cap (RSA 399-A) Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationRSA 399-A:15 Usury Cap and Enforceability in New Hampshire In New Hampshire, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a New Hampshire payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against RSA 399-A:15. Rollover Prohibitions in New Hampshire No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a New Hampshire lender rolled a loan without authority under RSA 399-A:15, the rollover may be void. APR Disclosure Rules in New Hampshire 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in New Hampshire Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in New Hampshire) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including New Hampshire. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in New Hampshire Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most New Hampshire debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the New Hampshire means test. Related New Hampshire Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy New Hampshire debt validation SOL New Hampshire bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## New Jersey Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/new-jersey.html ← paydayloandebt.org home New Jersey Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for New Jersey residents. New Jersey Payday Loan Status New Jersey is one of 18 states that ban payday lending. Consumer usury cap 30% blocks payday lending If a payday lender solicited or loaned to you in New Jersey, the loan may be void or unenforceable, and you may have claims under state usury law. RuleNew Jersey Status Legal statusBANNED Loan / fee capConsumer usury cap 30% blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationN.J.S.A. 2C:21-19 Usury Cap and Enforceability in New Jersey In New Jersey, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a New Jersey payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against N.J.S.A. 2C:21-19. Rollover Prohibitions in New Jersey N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a New Jersey lender rolled a loan without authority under N.J.S.A. 2C:21-19, the rollover may be void. APR Disclosure Rules in New Jersey N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in New Jersey Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. New Jersey Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how New Jersey debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,580 consumer bankruptcy cases from New Jersey's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 752697.3%2.7% Chapter 131,05431.0%68.8% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in New Jersey) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including New Jersey. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in New Jersey Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most New Jersey debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the New Jersey means test. Related New Jersey Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy New Jersey debt validation SOL New Jersey bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## New Mexico Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/new-mexico.html ← paydayloandebt.org home New Mexico Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for New Mexico residents. New Mexico Payday Loan Status New Mexico is one of 10 states with an effective payday-loan cap. 36% APR cap (2022 Small Loan Act amendment) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleNew Mexico Status Legal statusCAPPED Loan / fee cap36% APR cap (2022 Small Loan Act amendment) Rollover ruleNo rollovers allowed APR disclosure36% APR cap is disclosure floor Primary citationNMSA 58-15-17 Usury Cap and Enforceability in New Mexico In New Mexico, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a New Mexico payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against NMSA 58-15-17. Rollover Prohibitions in New Mexico No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a New Mexico lender rolled a loan without authority under NMSA 58-15-17, the rollover may be void. APR Disclosure Rules in New Mexico 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in New Mexico Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in New Mexico) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including New Mexico. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in New Mexico Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most New Mexico debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the New Mexico means test. Related New Mexico Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy New Mexico debt validation SOL New Mexico bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## New York Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/new-york.html ← paydayloandebt.org home New York Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for New York residents. New York Payday Loan Status New York is one of 18 states that ban payday lending. Civil usury cap 16%, criminal 25% blocks payday lending If a payday lender solicited or loaned to you in New York, the loan may be void or unenforceable, and you may have claims under state usury law. RuleNew York Status Legal statusBANNED Loan / fee capCivil usury cap 16%, criminal 25% blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationN.Y. Penal Law 190.40 Usury Cap and Enforceability in New York In New York, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a New York payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against N.Y. Penal Law 190.40. Rollover Prohibitions in New York N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a New York lender rolled a loan without authority under N.Y. Penal Law 190.40, the rollover may be void. APR Disclosure Rules in New York N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in New York Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. New York Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how New York debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,231 consumer bankruptcy cases from New York's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 71,14598.7%1.2% Chapter 138628.2%71.8% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in New York) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including New York. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in New York Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most New York debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the New York means test. Related New York Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy New York debt validation SOL New York bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## North Carolina Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/north-carolina.html ← paydayloandebt.org home North Carolina Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for North Carolina residents. North Carolina Payday Loan Status North Carolina is one of 18 states that ban payday lending. Payday lending sunset 2001; no licenses issued If a payday lender solicited or loaned to you in North Carolina, the loan may be void or unenforceable, and you may have claims under state usury law. RuleNorth Carolina Status Legal statusBANNED Loan / fee capPayday lending sunset 2001; no licenses issued Rollover ruleN/A - banned APR disclosureN/A Primary citationNCGS 53-166 Usury Cap and Enforceability in North Carolina In North Carolina, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a North Carolina payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against NCGS 53-166. Rollover Prohibitions in North Carolina N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a North Carolina lender rolled a loan without authority under NCGS 53-166, the rollover may be void. APR Disclosure Rules in North Carolina N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in North Carolina Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. North Carolina Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how North Carolina debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 827 consumer bankruptcy cases from North Carolina's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7273n/an/a Chapter 13554n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in North Carolina) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including North Carolina. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in North Carolina Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most North Carolina debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the North Carolina means test. Related North Carolina Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy North Carolina debt validation SOL North Carolina bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## North Dakota Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/north-dakota.html ← paydayloandebt.org home North Dakota Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for North Dakota residents. North Dakota Payday Loan Status North Dakota allows payday lending with regulation. $500 max; 20% of amount advanced Rollover practice: no rollovers allowed RuleNorth Dakota Status Legal statusLEGAL Loan / fee cap$500 max; 20% of amount advanced Rollover ruleNo rollovers allowed APR disclosureAPR disclosure required per TILA Primary citationN.D.C.C. 13-08-12 Usury Cap and Enforceability in North Dakota In North Dakota, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a North Dakota payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against N.D.C.C. 13-08-12. Rollover Prohibitions in North Dakota No rollovers allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a North Dakota lender rolled a loan without authority under N.D.C.C. 13-08-12, the rollover may be void. APR Disclosure Rules in North Dakota APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in North Dakota Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in North Dakota) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including North Dakota. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in North Dakota Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most North Dakota debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the North Dakota means test. Related North Dakota Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy North Dakota debt validation SOL North Dakota bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Ohio Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/ohio.html ← paydayloandebt.org home Ohio Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Ohio residents. Ohio Payday Loan Status Ohio is one of 10 states with an effective payday-loan cap. Short-Term Loan Act reform 2018: 28% APR + 10% fee cap This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleOhio Status Legal statusCAPPED Loan / fee capShort-Term Loan Act reform 2018: 28% APR + 10% fee cap Rollover ruleNo rollovers APR disclosureAPR + state database disclosure Primary citationORC 1321.39 Usury Cap and Enforceability in Ohio In Ohio, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Ohio payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against ORC 1321.39. Rollover Prohibitions in Ohio No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Ohio lender rolled a loan without authority under ORC 1321.39, the rollover may be void. APR Disclosure Rules in Ohio APR + state database disclosure The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Ohio Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Ohio Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Ohio debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 3,971 consumer bankruptcy cases from Ohio's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 73,53597.7%1.8% Chapter 1343651.1%48.9% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Ohio) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Ohio. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Ohio Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Ohio debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Ohio means test. Related Ohio Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Ohio debt validation SOL Ohio bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Oklahoma Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/oklahoma.html ← paydayloandebt.org home Oklahoma Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Oklahoma residents. Oklahoma Payday Loan Status Oklahoma allows payday lending with regulation. $500 max; tiered fees up to $15 per $100 Rollover practice: no rollovers, but 2-day cooling off RuleOklahoma Status Legal statusLEGAL Loan / fee cap$500 max; tiered fees up to $15 per $100 Rollover ruleNo rollovers, but 2-day cooling off APR disclosureAPR disclosure required per TILA Primary citation59 O.S. 3112 Usury Cap and Enforceability in Oklahoma In Oklahoma, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Oklahoma payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 59 O.S. 3112. Rollover Prohibitions in Oklahoma No rollovers, but 2-day cooling off Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Oklahoma lender rolled a loan without authority under 59 O.S. 3112, the rollover may be void. APR Disclosure Rules in Oklahoma APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Oklahoma Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Oklahoma Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Oklahoma debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 112 consumer bankruptcy cases from Oklahoma's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 711099.1%0.9% Chapter 132n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Oklahoma) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Oklahoma. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Oklahoma Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Oklahoma debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Oklahoma means test. Related Oklahoma Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Oklahoma debt validation SOL Oklahoma bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Oregon Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/oregon.html ← paydayloandebt.org home Oregon Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Oregon residents. Oregon Payday Loan Status Oregon is one of 10 states with an effective payday-loan cap. 36% APR cap + $10 fee cap; 31-day min term This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleOregon Status Legal statusCAPPED Loan / fee cap36% APR cap + $10 fee cap; 31-day min term Rollover rule1 rollover; 7-day cooling off APR disclosure36% APR cap is disclosure floor Primary citationORS 725A Usury Cap and Enforceability in Oregon In Oregon, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Oregon payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against ORS 725A. Rollover Prohibitions in Oregon 1 rollover; 7-day cooling off Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Oregon lender rolled a loan without authority under ORS 725A, the rollover may be void. APR Disclosure Rules in Oregon 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Oregon Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Oregon) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Oregon. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Oregon Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Oregon debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Oregon means test. Related Oregon Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Oregon debt validation SOL Oregon bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Pennsylvania Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/pennsylvania.html ← paydayloandebt.org home Pennsylvania Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Pennsylvania residents. Pennsylvania Payday Loan Status Pennsylvania is one of 18 states that ban payday lending. Consumer usury cap 6% blocks payday lending If a payday lender solicited or loaned to you in Pennsylvania, the loan may be void or unenforceable, and you may have claims under state usury law. RulePennsylvania Status Legal statusBANNED Loan / fee capConsumer usury cap 6% blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citation7 P.S. 6201-03 Usury Cap and Enforceability in Pennsylvania In Pennsylvania, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Pennsylvania payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 7 P.S. 6201-03. Rollover Prohibitions in Pennsylvania N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Pennsylvania lender rolled a loan without authority under 7 P.S. 6201-03, the rollover may be void. APR Disclosure Rules in Pennsylvania N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Pennsylvania Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Pennsylvania Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Pennsylvania debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,513 consumer bankruptcy cases from Pennsylvania's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7415n/an/a Chapter 131,098n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Pennsylvania) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Pennsylvania. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Pennsylvania Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Pennsylvania debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Pennsylvania means test. Related Pennsylvania Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Pennsylvania debt validation SOL Pennsylvania bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Rhode Island Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/rhode-island.html ← paydayloandebt.org home Rhode Island Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Rhode Island residents. Rhode Island Payday Loan Status Rhode Island allows payday lending with regulation. $500 max; 10% of amount advanced Rollover practice: 1 rollover allowed RuleRhode Island Status Legal statusLEGAL Loan / fee cap$500 max; 10% of amount advanced Rollover rule1 rollover allowed APR disclosureAPR disclosure required per TILA Primary citationR.I. Gen. Laws 19-14.4-4 Usury Cap and Enforceability in Rhode Island In Rhode Island, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Rhode Island payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against R.I. Gen. Laws 19-14.4-4. Rollover Prohibitions in Rhode Island 1 rollover allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Rhode Island lender rolled a loan without authority under R.I. Gen. Laws 19-14.4-4, the rollover may be void. APR Disclosure Rules in Rhode Island APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Rhode Island Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Rhode Island) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Rhode Island. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Rhode Island Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Rhode Island debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Rhode Island means test. Related Rhode Island Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Rhode Island debt validation SOL Rhode Island bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## South Carolina Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/south-carolina.html ← paydayloandebt.org home South Carolina Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for South Carolina residents. South Carolina Payday Loan Status South Carolina allows payday lending with regulation. $550 max; 15% of amount advanced Rollover practice: no rollovers (7-day cooling off) RuleSouth Carolina Status Legal statusLEGAL Loan / fee cap$550 max; 15% of amount advanced Rollover ruleNo rollovers (7-day cooling off) APR disclosureAPR disclosure required per TILA Primary citationSC Code 34-39-180 Usury Cap and Enforceability in South Carolina In South Carolina, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a South Carolina payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against SC Code 34-39-180. Rollover Prohibitions in South Carolina No rollovers (7-day cooling off) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a South Carolina lender rolled a loan without authority under SC Code 34-39-180, the rollover may be void. APR Disclosure Rules in South Carolina APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in South Carolina Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. South Carolina Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how South Carolina debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 635 consumer bankruptcy cases from South Carolina's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7301n/an/a Chapter 13334n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in South Carolina) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including South Carolina. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in South Carolina Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most South Carolina debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the South Carolina means test. Related South Carolina Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy South Carolina debt validation SOL South Carolina bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## South Dakota Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/south-dakota.html ← paydayloandebt.org home South Dakota Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for South Dakota residents. South Dakota Payday Loan Status South Dakota is one of 10 states with an effective payday-loan cap. 36% APR cap (Initiated Measure 21, 2016) This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleSouth Dakota Status Legal statusCAPPED Loan / fee cap36% APR cap (Initiated Measure 21, 2016) Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationSDCL 54-4-44 Usury Cap and Enforceability in South Dakota In South Dakota, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a South Dakota payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against SDCL 54-4-44. Rollover Prohibitions in South Dakota No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a South Dakota lender rolled a loan without authority under SDCL 54-4-44, the rollover may be void. APR Disclosure Rules in South Dakota 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in South Dakota Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in South Dakota) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including South Dakota. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in South Dakota Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most South Dakota debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the South Dakota means test. Related South Dakota Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy South Dakota debt validation SOL South Dakota bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Tennessee Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/tennessee.html ← paydayloandebt.org home Tennessee Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Tennessee residents. Tennessee Payday Loan Status Tennessee allows payday lending with regulation. $500 max; 15% + $7.50 service fee Rollover practice: no rollovers after 3 loans RuleTennessee Status Legal statusLEGAL Loan / fee cap$500 max; 15% + $7.50 service fee Rollover ruleNo rollovers after 3 loans APR disclosureAPR disclosure required per TILA Primary citationTenn. Code 45-17-112 Usury Cap and Enforceability in Tennessee In Tennessee, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Tennessee payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Tenn. Code 45-17-112. Rollover Prohibitions in Tennessee No rollovers after 3 loans Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Tennessee lender rolled a loan without authority under Tenn. Code 45-17-112, the rollover may be void. APR Disclosure Rules in Tennessee APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Tennessee Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Tennessee Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Tennessee debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,840 consumer bankruptcy cases from Tennessee's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 758995.5%4.5% Chapter 131,25117.3%82.7% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Tennessee) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Tennessee. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Tennessee Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Tennessee debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Tennessee means test. Related Tennessee Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Tennessee debt validation SOL Tennessee bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Texas Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/texas.html ← paydayloandebt.org home Texas Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Texas residents. Texas Payday Loan Status Texas allows payday lending with regulation. Credit Services Organization loophole: no fixed cap, CSO fees stacked Rollover practice: multiple rollovers allowed (worst in us) RuleTexas Status Legal statusLEGAL Loan / fee capCredit Services Organization loophole: no fixed cap, CSO fees stacked Rollover ruleMultiple rollovers allowed (worst in US) APR disclosureAPR disclosure required per TILA Primary citationTex. Fin. Code 393 Usury Cap and Enforceability in Texas In Texas, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Texas payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Tex. Fin. Code 393. Rollover Prohibitions in Texas Multiple rollovers allowed (worst in US) Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Texas lender rolled a loan without authority under Tex. Fin. Code 393, the rollover may be void. APR Disclosure Rules in Texas APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Texas Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Texas Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Texas debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 30,781 consumer bankruptcy cases from Texas's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 711,84497.8%2.0% Chapter 1318,93736.8%63.2% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Texas) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Texas. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Texas Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Texas debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Texas means test. Related Texas Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Texas debt validation SOL Texas bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Utah Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/utah.html ← paydayloandebt.org home Utah Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Utah residents. Utah Payday Loan Status Utah allows payday lending with regulation. No loan cap; no fee cap Rollover practice: up to 10 weeks rollovers RuleUtah Status Legal statusLEGAL Loan / fee capNo loan cap; no fee cap Rollover ruleUp to 10 weeks rollovers APR disclosureAPR disclosure required per TILA Primary citationUtah Code 7-23 Usury Cap and Enforceability in Utah In Utah, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Utah payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Utah Code 7-23. Rollover Prohibitions in Utah Up to 10 weeks rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Utah lender rolled a loan without authority under Utah Code 7-23, the rollover may be void. APR Disclosure Rules in Utah APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Utah Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Utah) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Utah. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Utah Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Utah debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Utah means test. Related Utah Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Utah debt validation SOL Utah bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Vermont Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/vermont.html ← paydayloandebt.org home Vermont Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for Vermont residents. Vermont Payday Loan Status Vermont is one of 18 states that ban payday lending. Consumer usury cap 18% blocks payday lending If a payday lender solicited or loaned to you in Vermont, the loan may be void or unenforceable, and you may have claims under state usury law. RuleVermont Status Legal statusBANNED Loan / fee capConsumer usury cap 18% blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citation9 V.S.A. 2201 Usury Cap and Enforceability in Vermont In Vermont, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Vermont payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against 9 V.S.A. 2201. Rollover Prohibitions in Vermont N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Vermont lender rolled a loan without authority under 9 V.S.A. 2201, the rollover may be void. APR Disclosure Rules in Vermont N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Vermont Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Vermont) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Vermont. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Vermont Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Vermont debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Vermont means test. Related Vermont Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Vermont debt validation SOL Vermont bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Virginia Payday Loan Laws: Capped Status [2026] Source: https://paydayloandebt.org/states/virginia.html ← paydayloandebt.org home Virginia Payday Loan Laws: Capped Status [2026] State-specific rules, federal court data, and practical guidance for Virginia residents. Virginia Payday Loan Status Virginia is one of 10 states with an effective payday-loan cap. Fairness in Lending Act 2020: 36% APR cap + $25 fee This makes traditional two-week payday lending economically unviable; lenders either exit the state or restructure as installment loans. RuleVirginia Status Legal statusCAPPED Loan / fee capFairness in Lending Act 2020: 36% APR cap + $25 fee Rollover ruleNo rollovers APR disclosure36% APR cap is disclosure floor Primary citationVa. Code 6.2-1817 Usury Cap and Enforceability in Virginia In Virginia, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Virginia payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Va. Code 6.2-1817. Rollover Prohibitions in Virginia No rollovers Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Virginia lender rolled a loan without authority under Va. Code 6.2-1817, the rollover may be void. APR Disclosure Rules in Virginia 36% APR cap is disclosure floor The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Virginia Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Virginia Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Virginia debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,064 consumer bankruptcy cases from Virginia's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 7514n/an/a Chapter 1355071.2%28.7% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Virginia) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Virginia. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Virginia Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Virginia debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Virginia means test. Related Virginia Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Virginia debt validation SOL Virginia bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Washington Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/washington.html ← paydayloandebt.org home Washington Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Washington residents. Washington Payday Loan Status Washington allows payday lending with regulation. $700 max (or 30% of gross monthly income); fee up to 15% Rollover practice: no rollovers, 8 loans/year cap RuleWashington Status Legal statusLEGAL Loan / fee cap$700 max (or 30% of gross monthly income); fee up to 15% Rollover ruleNo rollovers, 8 loans/year cap APR disclosureAPR disclosure required per TILA Primary citationRCW 31.45.073 Usury Cap and Enforceability in Washington In Washington, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Washington payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against RCW 31.45.073. Rollover Prohibitions in Washington No rollovers, 8 loans/year cap Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Washington lender rolled a loan without authority under RCW 31.45.073, the rollover may be void. APR Disclosure Rules in Washington APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Washington Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Washington) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Washington. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Washington Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Washington debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Washington means test. Related Washington Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Washington debt validation SOL Washington bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## West Virginia Payday Loan Laws: Banned Status [2026] Source: https://paydayloandebt.org/states/west-virginia.html ← paydayloandebt.org home West Virginia Payday Loan Laws: Banned Status [2026] State-specific rules, federal court data, and practical guidance for West Virginia residents. West Virginia Payday Loan Status West Virginia is one of 18 states that ban payday lending. Consumer usury cap 31% blocks payday lending If a payday lender solicited or loaned to you in West Virginia, the loan may be void or unenforceable, and you may have claims under state usury law. RuleWest Virginia Status Legal statusBANNED Loan / fee capConsumer usury cap 31% blocks payday lending Rollover ruleN/A - banned APR disclosureN/A Primary citationW. Va. Code 46A-4-107 Usury Cap and Enforceability in West Virginia In West Virginia, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a West Virginia payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against W. Va. Code 46A-4-107. Rollover Prohibitions in West Virginia N/A - banned Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a West Virginia lender rolled a loan without authority under W. Va. Code 46A-4-107, the rollover may be void. APR Disclosure Rules in West Virginia N/A The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in West Virginia Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. West Virginia Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how West Virginia debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 60 consumer bankruptcy cases from West Virginia's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 75498.1%1.9% Chapter 136n/an/a Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in West Virginia) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including West Virginia. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in West Virginia Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most West Virginia debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the West Virginia means test. Related West Virginia Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy West Virginia debt validation SOL West Virginia bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Wisconsin Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/wisconsin.html ← paydayloandebt.org home Wisconsin Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Wisconsin residents. Wisconsin Payday Loan Status Wisconsin allows payday lending with regulation. $1,500 max; no rate cap Rollover practice: 1 rollover allowed RuleWisconsin Status Legal statusLEGAL Loan / fee cap$1,500 max; no rate cap Rollover rule1 rollover allowed APR disclosureAPR disclosure required per TILA Primary citationWis. Stat. 138.14 Usury Cap and Enforceability in Wisconsin In Wisconsin, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Wisconsin payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against Wis. Stat. 138.14. Rollover Prohibitions in Wisconsin 1 rollover allowed Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Wisconsin lender rolled a loan without authority under Wis. Stat. 138.14, the rollover may be void. APR Disclosure Rules in Wisconsin APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Wisconsin Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Wisconsin Federal Bankruptcy Data When payday loans spiral beyond negotiation, bankruptcy discharges the underlying debt. These FJC numbers show how Wisconsin debtors use the bankruptcy remedy. Numbers below come from the Federal Judicial Center Integrated Database covering 1,541 consumer bankruptcy cases from Wisconsin's federal bankruptcy courts. ChapterCases FiledDischarge RateDismissal Rate Chapter 795399.4%0.4% Chapter 1358848.1%51.9% Rates computed on resolved cases only. Source: FJC Integrated Database. Military Lending Act Overlay (applies in Wisconsin) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Wisconsin. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Wisconsin Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Wisconsin debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Wisconsin means test. Related Wisconsin Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Wisconsin debt validation SOL Wisconsin bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5 --- ## Wyoming Payday Loan Laws: Legal Status [2026] Source: https://paydayloandebt.org/states/wyoming.html ← paydayloandebt.org home Wyoming Payday Loan Laws: Legal Status [2026] State-specific rules, federal court data, and practical guidance for Wyoming residents. Wyoming Payday Loan Status Wyoming allows payday lending with regulation. $1,000 max; no rate cap Rollover practice: no rollovers after loan reaches $500 fees RuleWyoming Status Legal statusLEGAL Loan / fee cap$1,000 max; no rate cap Rollover ruleNo rollovers after loan reaches $500 fees APR disclosureAPR disclosure required per TILA Primary citationW.S. 40-14-363 Usury Cap and Enforceability in Wyoming In Wyoming, the state usury law controls what fees a lender can legally charge. Loans that exceed the cap may be: Void in whole or in part - some states void usurious loans entirely; others require repayment of principal only, with no interest or fees. Subject to statutory penalty - many states allow recovery of 2x or 3x the usurious interest paid. Unenforceable via collection - a lawsuit on a usurious loan can itself be an FDCPA violation. If you suspect a Wyoming payday loan violates the cap, demand a full billing history and compare the effective APR (including all fees) against W.S. 40-14-363. Rollover Prohibitions in Wyoming No rollovers after loan reaches $500 fees Rollovers are the mechanism by which payday lenders convert a 2-week loan into a multi-year debt trap. Each rollover typically requires a new fee equal to the original charge, so a $500 loan at 15% fee rolled 6 times costs $450 in fees alone - 90% of the original principal. Most regulated states now limit rollovers or require cooling-off periods: Database check. States like Florida, Kentucky, and Michigan require lenders to check a state database before issuing a new loan. Cooling-off periods. Waiting periods (24 hours to 30 days) between loans. Loan caps. Maximum number of loans per borrower per year. If a Wyoming lender rolled a loan without authority under W.S. 40-14-363, the rollover may be void. APR Disclosure Rules in Wyoming APR disclosure required per TILA The federal Truth in Lending Act (TILA, 15 U.S.C. 1601) requires all lenders - including payday lenders in every state - to disclose the annual percentage rate before the loan is funded. Failure to disclose APR is itself a federal statutory violation with: Actual damages Statutory damages up to $5,000 (for closed-end credit) Attorney-fee shifting A typical 14-day payday loan with a 15% fee has an APR of roughly 391%. Lenders must disclose that number, not the "15%" fee alone. ACH Revocation Rights - Applies in Wyoming Under Regulation E (12 CFR 1005) of the federal Electronic Fund Transfer Act, you can revoke ACH authorization at any time in writing - no state can override this federal right. The process: Send written revocation to the lender and to your bank. Bank must honor the revocation within 3 business days. Any withdrawal after revocation is an unauthorized transfer. See our ACH revocation guide for a template letter that works in all 50 states. Military Lending Act Overlay (applies in Wyoming) If you are active-duty military or a covered dependent, the Military Lending Act (10 U.S.C. 987) caps consumer credit at 36% Military APR in every state, including Wyoming. Violations carry criminal penalties. Critical MLA protections: 36% all-in APR cap No mandatory arbitration No roll-over / refinancing No prepayment penalty Written disclosure required See full MLA rights. Bankruptcy Discharge of Payday Loans in Wyoming Payday loans are ordinarily dischargeable in bankruptcy. Exceptions: Luxury goods within 90 days (11 U.S.C. 523(a)(2)(C)(i)(I)) - generally not an issue for payday advances, which are cash. Cash advances over $1,000 within 70 days before filing (11 U.S.C. 523(a)(2)(C)(i)(II)) - presumptively non-dischargeable; courts can rebut with no-intent-to-deceive showing. Fraudulent intent at origination - lender must sue within 60 days of 341 meeting under 11 U.S.C. 523(c). For most Wyoming debtors with ordinary payday debt, Chapter 7 discharges the loan within 90 days. See 1328(f) refiling screener and the Wyoming means test. Related Wyoming Resources The payday loan trap Revoke ACH authorization Extended payment plans Debt consolidation options Alternatives to payday File state AG complaint Military Lending Act rights Payday loans and bankruptcy Wyoming debt validation SOL Wyoming bankruptcy exemptions Browse Every State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Part of the Open Bankruptcy Project - free, open-source bankruptcy information. This is educational information, not legal advice. Trap · Revoke ACH · State Rules · MLA · Bankruptcy Our research was cited by the federal judiciary as Suggestions 26-BK-3 and 26-BK-5