Personal loans in Louisiana

Consumer lending in Louisiana is regulated by the Louisiana Office of Financial Institutions. Below are the sourced rules that affect what a lender can charge you, followed by the cities we cover.

Lending rules in Louisiana

Payday lending	Permitted and regulated — maximum loan amount: $350; maximum loan term: Not to exceed 30 days. Finance charges: In conjunction with a deferred presentment transaction or small loan, a licensee may charge a fee not to exceed 16.75% of the face amount of the check issued or in the case of a small loan, the equivalent rate of interest, provided however that such fee or interest does not exceed $45, regardless of the name or type of charge. If the loan remains unpaid at contractual maturity, the licensee may charge an amount equal to the rate of 36% per annum for a period not to exceed one year and beginning one year after contractual maturity, the rate shall not exceed 18% per annum. A lender may charge a documentation fee in an amount not to exceed one-half of the amount authorized in Paragraph (4) of this Subsection, in connection with a non-real estate consumer loan transaction ($10)Source: National Conference of State Legislatures · as of 2023
Small-loan / installment licensing	Consumer lenders must obtain a state license (Yes). Statutory basis: La. Rev. Stat. Ann. §§ 9:3510 et seq. Licensing administered through NMLS: Yes.Source: Conference of State Bank Supervisors · as of 2026
Interest rate cap (usury limit)	Usury limit: 12% (La. R.S. § 9:3500). Finance rates and fees for licensed lenders: 36% per annum on the portion not exceeding $1,400 27% per annum on the portion between $1,400-$4,000 24% per annum on the portion between $4,000-$7,000 21% per annum on the portion exceeding $7,000. CSBS 50-state survey of consumer finance laws; state-verified usury catalog.Source: Conference of State Bank Supervisors · as of 2026
Consumer lending regulator	Consumer lenders in Louisiana are licensed and supervised by the Louisiana Office of Financial Institutions.Source: Conference of State Bank Supervisors · as of 2026
Debt collection rules	Third-party debt collectors must comply with the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692 et seq.; state consumer-protection and debt-collection enforcement is handled by the Louisiana Department of Justice, Office of the Attorney General. The FDCPA expressly authorizes state attorneys general to enforce it (15 U.S.C. § 1692l). Some states also require collection agencies to be licensed.Source: Louisiana Department of Justice, Office of the Attorney General · as of 2026
Military lending protections	The federal Military Lending Act (MLA) caps the Military Annual Percentage Rate (MAPR) at 36% for consumer credit extended to active-duty service members, their spouses and certain dependents, and bars mandatory arbitration and prepayment penalties on covered loans. Federal protection that applies nationwide, including in this state.Source: Consumer Financial Protection Bureau · as of 2024
Complaint / licensing lookup	Check whether a lender holds a state license through NMLS Consumer Access (nmlsconsumeraccess.org) or the Louisiana Office of Financial Institutions; consumers can file complaints with the Louisiana Office of Financial Institutions or the CFPB at consumerfinance.gov/complaint.Source: Nationwide Multistate Licensing System (NMLS) Consumer Access · as of 2026

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Cities in Louisiana

New Orleans Baton Rouge Shreveport Lafayette Lake Charles Houma Metairie Monroe Mandeville Slidell Alexandria Hammond Kenner Bossier City Prairieville Marrero Central Laplace New Iberia Terrytown Ruston Chalmette Bayou Cane Sulphur Harvey Shenandoah Zachary Natchitoches Gretna Estelle Opelousas Thibodaux Youngsville Pineville Luling River Ridge Claiborne West Monroe Broussard Baker Minden Gonzales Crowley Destrehan Morgan City Moss Bluff Woodmere Abbeville Bayou Blue Waggaman Covington Raceland Gardere Bogalusa Timberlane Jefferson Belle Chasse DeRidder Bastrop Jennings Eunice Carencro Denham Springs Fort Polk South Oak Hills Place Harahan Merrydale Old Jefferson Village St. George Reserve Westwego Eden Isle Scott Prien Lacombe St. Rose Ponchatoula Breaux Bridge Bridge City Red Chute Galliano Rayne Meraux Oakdale St. Gabriel Donaldsonville Franklin Inniswold Elmwood Larose Addis Ville Platte Tallulah Walker Gray Plaquemine Patterson Brownfields Leesville Schriever St. Martinville Cut Off Chackbay Violet Carlyss Grambling Marksville Port Allen Avondale Jeanerette Winnsboro Westlake Springhill Richwood Monticello Berwick Swartz Jackson Mansfield New Roads Haughton Kaplan Jonesboro Brownsville Church Point Winnfield Arabi Bayou Vista Vidalia Ball Eastwood Amite City Hahnville Jena Franklinton Blanchard Bunkie South Vacherie Rayville Farmerville Vinton Welsh Iowa New Orleans Station Lake Providence Ferriday Lutcher Greenwood Vivian Erwinville DeQuincy Lakeshore Gramercy Mamou Sunset Norco Lockport Chauvin Arcadia Bawcomville Poydras Delhi Homer Westminster Lake Arthur Abita Springs Grand Point Brusly Pearl River Natalbany New Llano Benton Jean Lafitte Ossun Belle Rose Haynesville Des Allemands Many Kentwood Delcambre Stonewall White Castle Boutte Presquille Coushatta Milton Golden Meadow Erath Bayou L'Ourse Port Barre Fort Polk North Cade Garyville Sterlington Basile Independence Woodworth Pierre Part Colfax Maurice Amelia Montz Cottonport Zwolle St. Francisville Logansport Sorrento Livingston Lafourche Crossing Paulina Kinder Baldwin Rosepine Ringgold Port Sulphur Bourg Leonville Henderson Arnaudville Lockport Heights Clinton North Vacherie Oak Grove Duson Bayou Gauche Bayou Country Club Mathews Vienna Bend Olla Cecilia Oberlin Pine Prairie Banks Springs Albany Montegut Boyce Iota Paincourtville Minorca Glenmora Charenton Elton Choudrant Jonesville Urania Labadieville Sibley Edgard Roseland Perry Simmesport New Sarpy Ama Wallace Livonia Bernice Campti Killian Newellton Madisonville Merryville Rosedale Egan Lawtell Greensburg Mansura Start Catahoula Morse Moreauville Dubach Gueydan Kraemer Ventress Anacoco Fifth Ward Fordoche Slaughter Tickfaw Wallace Ridge

Personal loans in Louisiana

Lending rules in Louisiana

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Cities in Louisiana

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