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Payday Loans in Montana

High-cost payday lending is prohibited in Montana under a 36% rate cap.

Montana voters approved a 36% APR cap on payday and title loans in 2010, which ended high-cost payday lending in the state. Licensed payday storefronts have since closed. Residents turn to credit-union and nonprofit alternatives for short-term cash.

Key limits in Montana
  • Cost note: 36% APR cap

Figures can change — always confirm current limits with the official source below before borrowing.

Payday loans aren’t available in Montana. Here are options you can use instead:
  • Credit-union payday alternative loans (PALs)
  • Nonprofit emergency assistance programs
  • Employer paycheck advances
  • Payment plans with creditors

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.