✓ Legal & RegulatedReviewed: Aug 2025
District of ColumbiaLoan Laws & Regulations
Official regulatory reference for borrowers and lenders in District of Columbia. Includes permitted loan types, APR caps, lender licensing requirements, borrower rights, and government source links.
Max Loan
$5,000
Typical APR
24% APR
Max Term
36 months
Legal Status
Restricted
District of Columbia Lending Regulator
The DC DISB oversees consumer lending in District of Columbia, including licensing, enforcement, and consumer complaint resolution. Before borrowing from any lender, verify their license using the official regulator lookup tool linked above.
Regulatory Details
Detailed regulatory data for District of Columbia is sourced directly from the DC DISB. For the most current requirements, visit: https://disb.dc.gov/
Current Overview
DC restricted lending with a 24% APR cap. Get safe personal loans in Washington DC from licensed providers.
Legal Status: Restricted · APR Range: 24% APR · Max Amount: $5,000
District of Columbia Lending FAQ
Are payday loans legal in District of Columbia?▼
Yes. Payday loans are legal and regulated in District of Columbia under the oversight of the DC DISB. Current APR range: 24% APR. Maximum loan: $5,000.
What is the maximum payday loan I can get in District of Columbia?▼
The maximum short-term loan amount in District of Columbia is $5,000. A $2,000 personal loan for 12 months in DC costs approximately $260 in interest at 24% APR.
Who regulates payday lenders in District of Columbia?▼
The DC DISB is the primary state regulator. You can verify any lender's license at https://disb.dc.gov/. Unlicensed lenders operating in District of Columbia are illegal — always verify before borrowing.
What are the alternatives to payday loans in District of Columbia?▼
Consider credit union PAL (Payday Alternative Loan) programs, licensed personal loan lenders, or non-profit credit counseling services in District of Columbia.