✓ Legal & RegulatedReviewed: Aug 2025
LouisianaLoan Laws & Regulations
Official regulatory reference for borrowers and lenders in Louisiana. Includes permitted loan types, APR caps, lender licensing requirements, borrower rights, and government source links.
Max Loan
$350
Typical APR
400% APR
Max Term
30 days
Legal Status
Legal
Louisiana Lending Regulator
The Louisiana OFI oversees consumer lending in Louisiana, 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 Louisiana is sourced directly from the Louisiana OFI. For the most current requirements, visit: https://ofi.la.gov/
Current Overview
Louisiana payday loans up to $350 for New Orleans and statewide residents. Fast same-day approval with Bad credit considered.
Legal Status: Legal · APR Range: 400% APR · Max Amount: $350
Louisiana Lending FAQ
Are payday loans legal in Louisiana?▼
Yes. Payday loans are legal and regulated in Louisiana under the oversight of the Louisiana OFI. Current APR range: 400% APR. Maximum loan: $350.
What is the maximum payday loan I can get in Louisiana?▼
The maximum short-term loan amount in Louisiana is $350. A $350 loan for 14 days in LA costs approximately $53 in fees. APR: 400%.
Who regulates payday lenders in Louisiana?▼
The Louisiana OFI is the primary state regulator. You can verify any lender's license at https://ofi.la.gov/. Unlicensed lenders operating in Louisiana are illegal — always verify before borrowing.
What are the alternatives to payday loans in Louisiana?▼
Consider credit union PAL (Payday Alternative Loan) programs, licensed personal loan lenders, or non-profit credit counseling services in Louisiana.