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Payday Loans in Montana

In Montana, payday lending is very popular, although it is also very expensive. There are protections in the law for borrowers, to stave off those who may be acting fraudulently. Lenders may charge one NSF fee of no more than $30 and reasonable attorney’s fees.

  • Maximum loan amount: $300
  • Minimum loan term: 14 days to a maximum of 31 days
  • Maximum APR: Maximum $25 per $100 borrowed/2 weeks, APR of 650%
  • Rollovers: Rollovers are prohibited

Legal Framework for Payday Lending in Montana

Regulating the fine line of payday lending in Montana is the Montana Code Annotated 2017.

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.