✓ Legal & RegulatedReviewed: Aug 2025
MontanaLoan Laws & Regulations
Official regulatory reference for borrowers and lenders in Montana. Includes permitted loan types, APR caps, lender licensing requirements, borrower rights, and government source links.
Max Loan
$2,500
Typical APR
36% APR
Max Term
24 months
Legal Status
36% Cap
Montana Lending Regulator
The Montana Commissioner of Securities & Insurance oversees consumer lending in Montana, 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 Montana is sourced directly from the Montana Commissioner of Securities & Insurance. For the most current requirements, visit: https://csimt.gov/
Current Overview
Montana 36% APR cap lending. Safe personal loans available in Billings, Missoula and statewide.
Legal Status: 36% Cap · APR Range: 36% APR · Max Amount: $2,500
Montana Lending FAQ
Are payday loans legal in Montana?▼
Yes. Payday loans are legal and regulated in Montana under the oversight of the Montana Commissioner of Securities & Insurance. Current APR range: 36% APR. Maximum loan: $2,500.
What is the maximum payday loan I can get in Montana?▼
The maximum short-term loan amount in Montana is $2,500. A $1,000 personal loan for 12 months in MT costs approximately $193 in interest at 36% APR.
Who regulates payday lenders in Montana?▼
The Montana Commissioner of Securities & Insurance is the primary state regulator. You can verify any lender's license at https://csimt.gov/. Unlicensed lenders operating in Montana are illegal — always verify before borrowing.
What are the alternatives to payday loans in Montana?▼
Consider credit union PAL (Payday Alternative Loan) programs, licensed personal loan lenders, or non-profit credit counseling services in Montana.