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Payday Loans in Missouri

Borrowers are limited to a maximum of $500 in loans at a time from one lender. Lenders are allowed to one NSF fee and collection fee, including court costs and attorney fees, both of which must be disclosed in the loan agreement. No criminal charges can be brought.

  • Maximum loan amount: $500
  • Minimum loan term: 14 days to a maximum of 31 days
  • Maximum APR: Maximum $75 per $100 borrowed/2 weeks, APR of 1950%
  • Rollovers: Maximum of six rollovers allowed

Legal Framework for Payday Lending in Missouri

Regulating the fine line of payday lending in Missouri is the State of Missouri Consumer Credit Laws .

We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.