Payday loans in Massachusetts: what the law allows
No. Massachusetts doesn't allow payday loans at typical payday costs. Massachusetts doesn't allow car title loans at typical title loan costs.
Massachusetts
Payday loans
Not allowed
Car title loans
Not allowed
“Payday lending is not prohibited in Massachusetts. Yet what is referred to as a "payday loan" is illegal due to the high annual percentage rate charged.”
Massachusetts Division of Banks
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Massachusetts?
No. Massachusetts doesn't allow payday loans at typical payday costs.
Are car title loans legal in Massachusetts?
Massachusetts doesn't allow car title loans at typical title loan costs.
How do I check a lender's license in Massachusetts?
Look the lender up with Massachusetts Division of Banks, which licenses lenders in Massachusetts.
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.