1,500 · Guides · August 27, 2026
Louisiana offer profiles
Checked loan services for Louisiana
15 offers are listed for Louisiana. The available GEO lists no exclusion for Louisiana.
A marketplace may accept a ZIP code but still fail to find a licensed lender or suitable product. Confirm the legal creditor, Louisiana license and location, check face amount, net proceeds, 16.75% fee, post-maturity rate, payment-plan right and returned-check terms.
YourPayDay
Advertising-referral service
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Cash advance 200%–1,386%; installment 6.63%–225% in the service disclosure
State availability
LendYou
Advertising-referral service
- Disclosed amount
- $100–$35,000
- Cost disclosure
- Cash advance 200%–1,386%; installment 6.63%–485%; personal 4.99%–450%
State availability
VitaPayday
Advertising-referral service
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Cash advance 200%–1,386%; installment 6.63%–225% in the service disclosure
State availability
PayDayMark
Advertising-referral service
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Cash advance 200%–1,386%; installment 6.63%–225%; generic personal-loan wording 5.99%–35.99%
State availability
ItsFunded
Paid lead-generation marketplace
- Disclosed amount
- $500–$5,000
- Cost disclosure
- Set by the participating lender; no representative APR published
State availability
247FastFunds
Marketplace / lead-generation service
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the participating lender; no representative range verified on accessible pages
State availability
Wizzay
Paid lead-generation marketplace
- Disclosed amount
- $100–$5,000
- Cost disclosure
- 35.99% or below stated for qualified consumers; provider controls actual terms
State availability
Cash Request Online
Paid lender-connection marketplace
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in reviewed archived pages
State availability
Get Funds ASAP
Paid lender-connection marketplace
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in archived disclosures
State availability
Money Aids
Paid lender-connection service
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in archived disclosures
State availability
PayZonno
Paid lender-connection marketplace
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in archived disclosures
State availability
My Credit Advance
Paid lender-connection marketplace historically operated by Napayshni LLC
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in reviewed archived disclosures
State availability
Prime Time Advance
Paid lender-connection marketplace historically operated by Napayshni LLC
- Disclosed amount
- $100–$5,000
- Cost disclosure
- Set by the matched lender; no representative range in reviewed archived disclosures
State availability
FastMoneySource
Paid lead generator and aggregator
- Disclosed amount
- $100–$50,000
- Cost disclosure
- Set by the purchaser or lender; no representative APR range published
State availability
Honest Loans
Paid lead generator and aggregator
- Disclosed amount
- $100–$50,000
- Cost disclosure
- Set by the purchaser or lender; no representative APR range published
State availability
Available GEO checked August 27, 2026. ✅ and ❌ reflect the supplied affiliate-program state list, not approval, funding, legal authorization or statewide lender coverage. Review and destination links remain available for verification.
Louisiana payday-loan rules: the direct answer
Louisiana permits licensed deferred presentment transactions and small loans under the Louisiana Deferred Presentment and Small Loan Act. A deferred presentment transaction accepts a payment instrument and holds it before negotiation or presentment. The current statutory definition permits up to $700 paid to the check issuer, while a separate small loan remains capped at $350.
The service fee cannot exceed 16.75% of the check’s face amount. A transaction may be held no longer than thirty days, and the fee is for a period of at least fourteen days. If the loan is unpaid at maturity, the lender may charge 36% per year for up to one year, then no more than 18% per year.
Offer cards on this page describe national matching or referral services with published reviews. They do not prove that a named respondent is a Louisiana licensee, uses a deferred-presentment product or serves the borrower under Louisiana law. Obtain the creditor’s legal name, license and complete agreement before treating a response as a Louisiana offer.
The 2025 law and the current OFI balance table
Act 510 from the 2025 Regular Session, effective August 1, 2025, raised the amount paid to a deferred-presentment borrower from $350 to $700. It removed the former $45 total-fee cap and left the statutory small-loan amount at $350. It also added annual inflation indexing and prohibited negative reporting to credit bureaus.
The Louisiana Office of Financial Institutions publishes a separate maximum outstanding principal balance each year. Its current table lists $720 for September 1, 2025 through August 31, 2026, and $740 for September 1, 2026 through August 31, 2027. Those are date-sensitive balance figures, not a promise that a consumer can receive $720 or $740 in cash or that every lender offers the maximum.
The old OFI consumer FAQ, dated May 1, 2023, still displays the former $350, $20-per-$100 and $55-cap examples. It is useful historical context but predates Act 510. Use the current statute and the annual OFI publication for the numbers shown on this page.
As checked August 27, 2026, OFI lists a $720 maximum outstanding principal balance through August 31, then $740 for September 1, 2026–August 31, 2027. The statutory amount paid to the issuer is separately stated as up to $700.
16.75% fee, face amount and APR
Louisiana calculates the service fee from the face amount of the check, not from a headline “cash received” number. The maximum fee on a $100 face amount is $16.75. If that fee is withheld, the customer receives $83.25 and later provides the $100 payment instrument. For a fourteen-day period, the simple annualized cost of that illustration is about 525%; the lender’s actual Truth in Lending APR controls.
A $700 amount paid to the issuer therefore should not be compared with a flat 16.75% added to $700 without reading the contract. Ask whether the quoted figure is principal paid, check face amount, proceeds, outstanding balance or total payoff. Include the 36% post-maturity rate and any permitted returned-check reimbursement in a complete comparison.
Payment instrument and fourteen-to-thirty-day timing
The licensee accepts a check dated as of the date written, agrees to hold it and pays the issuer the check amount less the permitted fee. The hold cannot exceed thirty days, and the statutory fee period is at least fourteen days.
Partial payments, refinancing and repeat borrowing
Before the due date, the lender must accept a partial loan payment of $50 or more and apply it to the outstanding balance. Louisiana prohibits an ordinary renewal or rollover, but permits a lender to accept a partial payment of 25% of the amount advanced plus fees and enter a new transaction for the remaining balance. That is a new fee-bearing transaction, not a free extension.
Extended payment plan before the due date
A consumer who cannot repay may elect one extended payment plan in any twelve-month period with that licensee. The request must be made before the due date; a hospitalization exception allows a request within 72 hours after discharge when proof is provided. The parties must sign a written modification.
The plan must use at least four substantially equal installments, allow penalty-free prepayment and prohibit added interest, fees or charges during the plan. The first installment is due no sooner than thirty days after execution unless the consumer and licensee agree to a shorter income-based period. The dates should be substantially even, and the lender must give a signed receipt showing the remaining balance after each payment.
Missing an installment permits acceleration only of the balance then owed under the plan. No new deferred-presentment transaction or small loan may be entered until the plan is fully repaid. The right must appear prominently on the lender’s website and in bold language on the first page of the agreement, with written requests allowed by the listed channels.
Maturity, returned checks and allowed charges
If unpaid at contractual maturity, the lender may charge 36% annual interest for up to one year and 18% annual interest after that. A lender may also contract for reimbursement of the actual fee charged by its depository institution when a check is returned, but only once per check. The terms must be disclosed in advance.
Prohibited conduct and credit reporting
A licensee cannot sell goods financed with loan proceeds, sell insurance connected to the transaction, split one loan into multiple agreements to raise the fee, structure repayment to evade the Act or take an interest in the borrower’s property. It cannot refuse a partial payment of $50 or more or threaten prosecution over a returned insufficient-funds check.
Act 510 also prohibits reporting negative customer information to a credit bureau or credit-reporting service. A lender may not accept or require a Social Security benefit check as payment or security for a small loan unless it is a federally insured depository institution. Save advertising and collection messages when conduct appears inconsistent with these rules.
Licensing, physical locations and online matching
Louisiana OFI’s Non-depository Division licenses deferred-presentment and small-loan lenders. OFI states that a consumer-loan license is required before a business begins making loans, that loans may be made only from the licensed physical location and that each additional location requires licensure. Check the legal entity and address rather than relying on a brand name.
The OFI active-licensee directory and NMLS records can show a company’s current status, but a listed licensed lender is not automatically the creditor behind a national lead form. Identify the lender, broker, servicer and any data recipient separately. Ask which Louisiana product is being offered and which statute governs its price.
Unlicensed agreements and consumer remedy
Under R.S. 9:3518.4, a covered consumer-credit or deferred-presentment transaction made by a creditor that was required to be licensed but was not licensed is null, void, unenforceable and uncollectible. The creditor forfeits loans or transaction proceeds, fees, charges and other amounts paid in association with the transaction, subject to statutory exemptions.
How to file a Louisiana complaint
OFI requires non-depository complaints in writing and accepts its form by mail, email or fax. The office lists payday lenders, licensed lenders and consumer-loan brokers among regulated entities. Include the legal name, address, dates, amount paid, face amount, fees, due date, payment history, advertising, collection contacts and the response requested from the company.
Louisiana offer checklist and alternatives
Ask a biller about a due-date change or hardship schedule before using high-cost credit. Compare a bank or credit-union small-dollar product, employer assistance, utility relief and nonprofit counseling. Use the cost calculator with net cash received and actual days, then test the scheduled payment against the budget left after essentials.
- Identify the referral brand, broker, licensed lender, physical location, servicer and data recipients.
- Verify the legal lender and location in OFI’s active-licensee directory and NMLS when applicable.
- Separate amount paid to the issuer, check face amount, net proceeds, service fee, post-maturity rate and returned-check charge.
- Check whether the dated instrument is held 14–30 days and whether the agreement explains the extended payment plan.
- Record any 25%-plus-fees partial-payment refinance, prior completed transaction and payment-plan history.
- Save the signed agreement, disclosures, check, receipts, account entries, advertising and complaint correspondence.
Louisiana payday-loan FAQ
- Question 1Are payday loans legal in Louisiana?
- Answer
Yes. Licensed deferred-presentment and small-loan lenders may offer covered transactions under the Louisiana Deferred Presentment and Small Loan Act, subject to its amount, fee, term, payment-plan and conduct rules.
- Question 2What is the current Louisiana payday-loan amount?
- Answer
The current definition permits up to $700 paid to the issuer of a deferred-presentment check. A separate small loan remains capped at $350. OFI also publishes date-specific maximum outstanding principal balances, currently $720 through August 31, 2026 and $740 for September 1, 2026 through August 31, 2027.
- Question 3What fee can a Louisiana payday lender charge?
- Answer
The service fee cannot exceed 16.75% of the check’s face amount. The former $45 total-fee cap and older $20-per-$100 examples predate the 2025 amendments.
- Question 4How long can a Louisiana deferred-presentment transaction last?
- Answer
The payment instrument may be held no longer than thirty days, and the statutory service-fee period is at least fourteen days.
- Question 5Can Louisiana borrowers use an extended payment plan?
- Answer
Yes. A consumer may elect one plan in a twelve-month period with that licensee by requesting it before the due date. It must use at least four substantially equal installments without added interest, fees or charges during the plan while the borrower complies.