Loans by stateSame request.
Different rules at the state line.

Texas has no single statewide APR cap for small-dollar loans; many are arranged through licensed Credit Access Businesses, and some cities add their own ordinances. The APR on a Texas offer can therefore run higher than in capped states — which makes the total-of-payments line the number to compare.

What to check on your offer: Read the total of payments, not the fee schedule; confirm the lender or CAB license with the OCCC.

Consumer finance loans in Florida carry tiered interest caps by balance (highest on the first few thousand dollars) and lenders must hold an OFR license. Short-term “deferred presentment” (payday) products are regulated separately with their own limits.

What to check on your offer: Check that the lender is OFR-licensed as a consumer finance company, not only as a payday lender.

Ohio’s Fairness in Lending Act (in force 2019) reshaped small loans under $1,000: interest capped at 28% plus a capped monthly maintenance fee, terms of at least 91 days, and a ceiling on total cost. Larger installment loans fall under separate licensing with their own rate rules.

What to check on your offer: For loans under $1,000 expect at least a 91-day term; compare the all-in cost cap on the agreement.

Since 2020 California caps loans of $2,500 to $9,999 at 36% plus the federal funds rate, with a minimum 12-month term. Loans under $2,500 fall under older tiered caps that can be higher, so the amount you request changes which rules apply.

What to check on your offer: Requesting $2,500 or more puts you inside the 36%+ cap; under $2,500, compare APRs carefully.

Illinois’ Predatory Loan Prevention Act (2021) caps virtually all consumer loans at 36% APR, calculated the military-lending way, which includes most fees. Fewer lenders operate here as a result, but every offer you see is inside that cap.

What to check on your offer: Any offer above 36% APR in Illinois isn’t legal — report it.

Payday lending is prohibited in Georgia. Installment loans up to $3,000 fall under the Georgia Installment Loan Act with capped interest and fees; larger loans operate under different rules. Expect smaller first offers here.

What to check on your offer: Offers above $3,000 are less common; check the fee lines, which are capped separately from interest.

North Carolina bans payday lending and caps consumer finance loans with tiered rates that fall as the balance rises. Licensed installment lenders are the main option, and rate caps are among the lower in the South.

What to check on your offer: Rates are capped by tier; a $4,000 loan carries a lower blended rate than a $1,000 one.

Michigan’s Regulatory Loan Act caps most licensed installment loans at 25% interest. Short-term “deferred presentment” loans are a separate, costlier product with their own limits and a state database.

What to check on your offer: Prefer a regulatory-loan licensee (25% cap) over a deferred-presentment product.

Pennsylvania has no payday lending and a 6% usury rate for unlicensed lenders; licensed consumer discount companies may charge more under the CDCA. Online lenders must be licensed here too — unlicensed offers are unenforceable.

What to check on your offer: Confirm the lender holds a Pennsylvania license; the state actively enforces against those that don’t.

Arizona ended payday lending in 2010. Consumer lender loans are capped at 36% on balances up to $3,000 and lower above that, plus limited fees. Auto-title loans are a separate, far costlier product to avoid.

What to check on your offer: Up to $3,000 the APR cap is 36%; larger balances carry a lower cap on the excess.