Payday loans in Minnesota: what the law allows
No. Minnesota doesn't allow payday loans at typical payday costs. We haven't confirmed Minnesota's car title loan rules yet.
Minnesota
Payday loans
Not allowed
Car title loans
Not confirmed yet
“In connection with a consumer short-term loan, a consumer short-term loan lender may charge an annual percentage rate of up to 50 percent. No other charges or payments are permitted or may be received by the lender in connection with a consumer short-term loan.”
Minnesota Department of Commerce
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Minnesota?
No. Minnesota doesn't allow payday loans at typical payday costs.
Are car title loans legal in Minnesota?
We haven't confirmed Minnesota's car title loan rules yet.
How do I check a lender's license in Minnesota?
Look the lender up with Minnesota Department of Commerce, which licenses lenders in Minnesota.
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.