Payday loans in Missouri: what the law allows
Yes. Missouri allows payday loans up to $500, with a fee limit of Total interest and fees capped at 75% of initial loan amount (including renewals). Missouri allows car title loans.
Missouri
Payday loans
Allowed
Car title loans
Allowed
- Largest loan
- $500
- Fee limit
- Total interest and fees capped at 75% of initial loan amount (including renewals)
- Shortest term
- 14 days
- Longest term
- 31 days
- Renewals (rollovers)
- Allowed
“which are loans of $500 or less. Such lenders must be licensed by the Division of Finance. Sections 408.500-408.505 subject this type of lender to a host of consumer safeguards, i.e., places a 75 percent cap on interest and fees on the initial loan and renewals, limits renewals to no more than six, limits the term of the loan to 14-31 days”
Missouri Division of FinanceLook up a lender's license
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Missouri?
Yes. Missouri allows payday loans up to $500, with a fee limit of Total interest and fees capped at 75% of initial loan amount (including renewals).
Are car title loans legal in Missouri?
Missouri allows car title loans.
How do I check a lender's license in Missouri?
Look the lender up with Missouri Division of Finance, which licenses lenders in Missouri.
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.