Payday loans in Iowa: what the law allows
Yes. Iowa allows payday loans up to $500, with a fee limit of $15 on the first $100 of check face amount; $10 per additional $100. We haven't confirmed Iowa's car title loan rules yet.
Iowa
Payday loans
Allowed
Car title loans
Not confirmed yet
- Largest loan
- $500
- Fee limit
- $15 on the first $100 of check face amount; $10 per additional $100
- Longest term
- 31 days
- Renewals (rollovers)
- Not allowed
“Hold from any one maker a check or checks in an aggregate face amount of more than five hundred dollars at any one time.”
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Iowa?
Yes. Iowa allows payday loans up to $500, with a fee limit of $15 on the first $100 of check face amount; $10 per additional $100.
Are car title loans legal in Iowa?
We haven't confirmed Iowa's car title loan rules yet.
How do I check a lender's license in Iowa?
Look the lender up with Iowa Division of Banking, which licenses lenders in Iowa.
Do these rules protect service members?
Yes. The Military Lending Act limits payday and car title loans for covered service members to 36%, in every state.
Information, not legal advice. Laws change; confirm with the state regulator.