Payday loans in Connecticut: what's allowed instead
Census ACS 2020–2024 5-year estimates; NCUA June 2026 call report; FDIC BankFind, Oct 2026.
Connecticut payday loan rules at a glance
| Governing law | Small Loan Lending and Related Activities (Conn. Gen. Stat. §§ 36a-555 to 36a-573 (as amended by P.A. 23-126)) |
|---|---|
| Fees / interest cap | 36% APR (or the Military Lending Act maximum, if lower) for small loans under $5,000. APR includes essentially all fees. (Conn. Gen. Stat. §§ 36a-555(2), 36a-558(d)(1)) |
Your options in Connecticut
Payday loans aren't offered by state-licensed lenders here, but you can still request a personal installment loan of $100 to $5,000 through our form. Installment loans spread repayment over several months, so each payment is smaller. See Connecticut personal loans.
Compare neighboring states
Lenders must follow the law of the state where you live, not where you visit.
| State | Status | Max loan |
|---|---|---|
| Massachusetts | Not available | — |
| New York | Not available | — |
| Rhode Island | Legal | The check may not exceed $500, and a lender and its affiliates may hold no more than $500 in total outstanding checks… |
Personal loans by city in Connecticut
Counties in Connecticut
Show all 9 counties
Also see: Personal Loans in Connecticut · Title Loans in Connecticut · All Connecticut loan options
Frequently asked questions
Are payday loans legal in Connecticut?
Payday loans are effectively banned in Connecticut. A loan of $50,000 or less with an APR over 12% is a 'small loan' that requires a license. Licensed lenders are capped at 36% APR (under $5,000), measured all-in under the Military Lending Act. Loans that break these rules are void and uncollectible.
How much do payday loans cost in Connecticut?
36% APR (or the Military Lending Act maximum, if lower) for small loans under $5,000. APR includes essentially all fees.
Can I get a payday loan on the weekend in Connecticut?
You can submit our online form any time, including nights and weekends, and some lenders review requests right away. Funding depends on banking days, though, so money requested on a Saturday or Sunday typically arrives the next business day. Submitting early helps you get in line for the first available deposit. Connecticut residents can start a request now; it takes about 3 minutes.
Can I get a payday loan online in Connecticut?
Yes. You can request a payday loan online from anywhere in Connecticut, using your phone or computer. Our secure form takes about 3 minutes and connects you with lenders in our network that serve Connecticut residents. If you're approved, funds go straight to your checking account, often by the next business day. There's no cost to apply and no obligation to accept.
What do I need to get a payday loan in Connecticut?
Most lenders ask for a few basics: you must be a legal adult, with a valid government-issued ID, a steady source of income, an active checking account in your name, and a phone number and email. Some lenders also ask for recent pay stubs or bank statements. Having these ready makes our 3-minute form quick, and many Connecticut applicants get a decision in minutes.
How much does a payday loan cost in Connecticut?
36% APR (or the Military Lending Act maximum, if lower) for small loans under $5,000. Your lender shows the exact fee, total amount to repay, due date and APR before you sign, so you know the full cost upfront. There's no charge to use our form, and you're never obligated to accept an offer. Compare what lenders offer Connecticut borrowers in about 3 minutes.