Missouri Payday Loan

The state motto of Missouri is: “The welfare of the people shall be the supreme law.” If you need a payday loan in Missouri to preserve your personal welfare, SameDayPayday can help. Our site offers in depth company profiles and user reviews of leading lenders nationwide. Browse our city listings to find a local provider in your area.

Don’t stress about how you’re going find cash until your next paycheck. The Show Me State has seen many of its residents go to SameDayPayday.com to shop online for a cash advance is that it is faster, more convenient and confidential. Once approved, funds can be in your account within one business day. It’s that simple.

Missouri Payday Loan Lending Laws

Payday loans are legal in Missouri. Per state laws 408.500 to 408.506, lenders can loan up to $500 for a minimum of 14 days and maximum of 31 days. No borrower shall be required to pay a total amount of interest and fees in excess of 75% of the initial loan amount on any single loan.

In 2011, there are 975 licensed payday loan operators in Missouri. In an internet search early 2017, “payday loans Missouri” turned up 588,000 hits!

Lenders are regulated primarily by individual states. The payday industry sits atop an active and shifting legal landscape. Lenders are lobbying fervently to enable lending practices, while their equally zealous opponents lobby to stop the short-term loans in the name of consumer protection.

Missouri Payday Loan - Cities