Vermont caps consumer-loan interest at 18% APR and does not authorize deferred-presentment payday lending. Payday lenders do not legally operate in the state. Residents rely on credit-union and nonprofit alternatives for short-term cash.
Key limits in Vermont
- Cost note: 18% APR cap
Figures can change — always confirm current limits with the official source below before borrowing.
Payday loans aren’t available in Vermont. 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.