Payday Loans in Louisiana
The Louisiana statute answers the two questions that matter — how much (a $350 cap) and what it costs (a $50 maximum fee on a $300 loan, Max 30 days). One short form reaches lenders licensed to serve Louisiana; the check is soft and asking is free.
Cap $350 · Max 30 days
What Louisiana law allows
A $300 payday advance in Louisiana carries up to $50.25 in fees — repay $350.25 (≈437% APR on the 14-day framing). The full statutory picture:
Same math on $500: $83.75 in fees, repay $583.75 — assuming a loan structure your state allows at that size.
Payday loans in Louisiana by city
Local guides for the 20 largest Louisiana markets — same statute, same caps, local context:
- New Orleans
- Baton Rouge
- Shreveport
- Metairie
- Lafayette
- Lake Charles
- Bossier City
- Kenner
- Monroe
- Alexandria
- Houma
- Marrero
- New Iberia
- Laplace
- Central
- Prairieville
- Slidell
- Terrytown
- Ruston
- Harvey
How a Louisiana payday loan works
- One form. Submit the request — email, name, amount. About two minutes, soft check, free to ask.
- Lenders review it. Those licensed to serve Louisiana decide on your income and checking account — usually within minutes.
- Compare the disclosure. Whatever an offer says, the fee must fit the Louisiana numbers in the table above — that is your legality check.
- Repay once, on payday. One debit on the agreed date — the fee is the entire cost. If the date is wrong, ask about the state's extended payment plan before the due date.
Frequently asked questions
How much can a payday loan in Louisiana be?
The statute caps it at $350 per loan. Lenders cannot legally split one need into several tickets to evade the cap — and any offer above $350 is not a lawful Louisiana payday loan.
What does a $300 payday loan cost in Louisiana?
16.8% per $100 means a $300 loan carries up to $50.25 in fees — repay $350.25 on Max 30 days. That works out to roughly 437% APR on the two-week framing.
How fast can I get a payday loan in Louisiana?
Decisions arrive in minutes and funding moves by ACH: same business day when a lender approves you before its early-afternoon cutoff, otherwise the next business morning. Weekend applications fund on Monday.
What do I need to qualify in Louisiana?
Three basics: verifiable depositable income, an active checking account in your name, and being 18+ with valid ID. Decisions key on income and account health rather than a credit score, and seeing offers uses a soft check.