A guide to Payday Loans in Pennsylvania, USA. 

What are the Citation (s) to Payday Loan or Small Loan Laws in Pennsylvania? 

A: Check cashers are specifically prohibited from making payday loans under Check Cashing Licensing Act of 1998, § 505(a). Otherwise, consumer discount company act applies. 7 Pa. Cons. Stat. Ann. § 6201 et seq.

Q: Are Payday Loans legal in Pennsylvania? 
A: No Payday Loans are prohibited in Pennsylvania. 

Q: What is the maximum interest rate charged on small loans in Pennsylvania?
A: The maximum interest rate charged on small loans in Pennsylvania is $9.50 per $100 per year discount or 24% per year

Contact the Department Of Financial Institutions

If you have questions about payday loans please contact the Pennsylvania Department of Financial Institutions at:

Pennsylvania Department of Banking
Address: Market Square Plaza, 17 N. Second Street Harrisburg, PA 17101
Phone: (717) 214-8343
Fax: (717) 787-8773
Regulatory Contact: Jim Keiser, Administrator of Non-Depository Institutions
Website: http://www.banking.state.pa.us/banking/site/default.asp

Where can I find a payday loan store in Pennsylvania? 

You can find the store nearest to your location by simply clicking on this link  loc: Pennsylvania