Indiana Payday Loan

SameDayPayday can help you choose a lender from the overwhelming choices presented over the internet. At your service twenty-four hours a day and seven days a week, our site brings you in-depth knowledge and user reviews of the biggest lenders in the nation. Use the city links below to find a local cash advance store. Always borrow responsibly.

Laws on Payday Loan Lending in Indiana

It is essential to get acquainted with payday loan lending laws in Indiana before you apply for a loan. In Indiana, payday loans are legal. The maximum you can borrow is $550 (but not to exceed 20% of borrower's monthly gross income) with a loan term of a minimum of 14 days. The finance charge for a $100 payday loan for 14 days is $15. In Indiana you can only have two loans out at a time (one per lender), and are not allowed any extensions. The interest rate for payday loans is 15% for the first $250, 13% for $250.01 to $400, and 10% for $400.01 to $500.

Estimates suggest that, as of 2001, there were over 500 cash advance lenders in Indiana. In 2011, the number of stores was 414. Compare that to a recent internet search in early 2017 which brought a result of 501,000 hits. This reflects the tremendous rate at which the industry has been growing.

Indiana Payday Loan - Cities

Indiana Cash Advance Loans

The state motto of Indiana is: “The crossroads of America.” And a crossroads is where we often find ourselves in times of stress, such as during a financial emergency. Indiana residents can rest easy knowing that SameDayPayday is just a click away and can provide you with a quick, confidential cash advance loan which can take care of most financial emergencies in practically the blink of an eye. There’s no need to wait until your next paycheck- a cash advance loan is just a click away. The approval process happens in only 90 seconds and then, once approved, funds are whisked into your account typically within one business day. Talk about fast and convenient!

You are not the first to find yourself in a bit of a financial bind in The Hoosier State - many residents have visited and found fast and efficient relief from their financial situation with a cash advance loan. Besides the convenience of not having to leave home to shop, the internet provides a safe, speedy and confidential way for you to get out of the fix that life dealt you. Don’t waste time in hours of worrying about how you’re going to make it to the next pay day, simply come to SameDayPayday and apply.