Indiana authorizes small payday loans from $50 up to $550, limited to 20% of the borrower's monthly gross income. Fees are tiered by loan size, producing a high effective APR over the short term. State law provides for an extended payment plan after consecutive loans.
Key limits in Indiana
- Maximum loan amount: $550
Figures can change — always confirm current limits with the official source below before borrowing.
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.