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Massachusetts lender directory

Payday Loans in Massachusetts: Rates Capped at 23%. Here Are the Legal Options

We list no payday loan stores in Massachusetts, and Massachusetts law caps what lenders can charge. Below is what the law says, and the licensed ways to borrow in Massachusetts that we track.

What Massachusetts law says

Regulation 209 CMR 26.00 limits the annual interest rate on small loans to 23 percent.

Source: 209 CMR 26.00 · verified Oct 9, 2026

A loan to someone in Massachusetts has to stay within this limit unless the lender is licensed or otherwise authorized by Massachusetts law to charge more. We list no payday loan stores in Massachusetts; the licensed options we track are below.

If someone offers you a payday loan in Massachusetts

Some lenders based in other states or online still advertise payday loans to Massachusetts residents. A loan from a lender that is not licensed in Massachusetts may not come with the protections that licensed lenders must give, such as cost limits and complaint rights. Before you borrow, check that the lender is licensed in Massachusetts.

To report a lender or ask a question, contact the Massachusetts Division of Banks (DOB).

Questions people ask

Are payday loans legal in Massachusetts?

We list no payday loan stores in Massachusetts. Regulation 209 CMR 26.00 limits the annual interest rate on small loans to 23 percent (209 CMR 26.00).

Answers are generated from the listings and verified rules on this page; see Sources below.

Sources

Where the facts on this page come from, and when we last checked them.

  1. 209 CMR 26.00 · Interest rate cap Last verified Oct 9, 2026 · medium confidence
  2. Massachusetts Division of Banks (DOB) · Licensing and complaints Date not recorded

We re-check sources regularly and show the date each was last verified. Spotted a mistake? Tell us and we'll check it against the source.

CashAdvance is not a lender and does not take applications. Listings are information only, built from public records (such as state license lists) and lenders' own published details. Confirm hours, fees and terms with the lender before you visit or borrow.