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Montana lender directory

Payday Loans in Montana: Rates Capped at 36%. Here Are the Legal Options

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

What Montana law says

A deferred deposit loan licensee may not charge a fee exceeding 36% per annum.

Source: Mont. Code Ann. § 31-1-722(2) · verified Oct 9, 2026

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

Related rules

  • If there are insufficient funds, a deferred deposit loan licensee may charge a fee not to exceed $30 per check or per electronic deduction. Source: Mont. Code Ann. § 31-1-722(3)-(4) · verified Oct 9, 2026
  • A person must obtain a license to make deferred deposit loans in Montana (31-1-705). Source: Mont. Code Ann. § 31-1-705 · verified Oct 9, 2026

Licensed lenders in Montana

These types of lenders operate legally in Montana, each under its own rules and costs. Compare the total cost before you borrow.

If someone offers you a payday loan in Montana

Some lenders based in other states or online still advertise payday loans to Montana residents. A loan from a lender that is not licensed in Montana 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 Montana.

To report a lender or ask a question, contact the Montana Department of Administration, Banking and Financial Institutions Division.

Questions people ask

Are payday loans legal in Montana?

We list no payday loan stores in Montana. A deferred deposit loan licensee may not charge a fee exceeding 36% per annum (Mont. Code Ann. § 31-1-722(2)).

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. Mont. Code Ann. § 31-1-722(2) · Interest rate cap Last verified Oct 9, 2026 · high confidence
  2. Mont. Code Ann. § 31-1-722(3)-(4) · Payday loans (deferred presentment) Last verified Oct 9, 2026 · high confidence
  3. Mont. Code Ann. § 31-1-705 · Payday loans (deferred presentment) Last verified Oct 9, 2026 · high confidence
  4. Montana Department of Administration, Banking and Financial Institutions Division · 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.