Louisiana Payday Loan

There is good news for all Louisiana residents; if you are strapped for cash, SameDayPayday can help. There are tens of thousands of loan companies which can be very time consuming if you had to research all of them. Our site focuses on the biggest ones and has detailed profiles and user reviews of lenders nationwide. Or click on your city below for a list of local cash advance centers.

A cash advance loan from SameDayPayday is just a click away for Louisiana residents. The application is quick and easy, you know if you’re approved in minutes and funds can be directly deposited to your account within one business day. You will be amazed how much faster and more convenient it is to shop for a cash loan online- not to mention confidential.

Payday Loan Lending Laws for Louisiana

In Louisiana payday lending is legal. Before you apply for a loan in the state of Louisiana you should know the laws pertaining to payday lending. In Louisiana there are no minimum terms for payday loans, however there is a maximum term for a payday loans, which is 60 days. There is no minimum amount that a person can borrow but the maximum amount a person can borrow is $350. The finance charge for a 14-day $100 loan would be $25.

In 2011, there were at least 942 cash advance lenders throughout the state. Now, with such widespread use of the internet, the face of cash advances have changed completely. In an internet search early 2017, “payday loans Louisiana” turned up 554,000 hits!

Individual states are the ones primarily in charge of regulating cash advance lenders. The cash advance lending industry, however, is precariously balanced on top of very rocky legal terrain. Opponents of cash advance loans are lobbying ardently in the name of consumer protection to stop short-term loan lending. At the same time lobbyists representing the cash advance lending industry are fervently working to ensure your ability to get the quick cash that you need right now.

The state motto of Louisiana is: “Union, Justice, and Confidence.”

Louisiana Payday Loan - Cities