Iowa permits deferred-deposit (delayed-deposit) loans up to $500 through licensed lenders. Fees are set by statute but yield a high APR on the short repayment term. Borrowers may hold no more than two payday loans at one time.
Key limits in Iowa
- Maximum loan amount: $500
Figures can change — always confirm current limits with the official source below before borrowing.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.