Apply for Payday Loans in Indiana Instantly

We can help you gain access to quick funds to overcome emergency financial setbacks. Apply today and you can receive the funds in less than 60 minutes.

Is An Indiana Payday Loan The Right Product For Me?

Many of our borrowers work with Capital Bean to help them get through short-term financial problems such as an unexpected medical expense, burst pipe or broken down car. Once you’ve been approved by our panel the funds could be in your bank account in less than 60 minutes.

Capital Bean helps people in Indiana find a payday loan with the best options

  • Rapid decisions
  • Flexible repayment terms
  • Poor credit options available
  • Online loan form

What Are The Steps To Apply For A Payday Loan In Indiana?

Using our 100% online form you can apply for a loan in Indianapolis or anywhere across Indiana. Follow the steps below to apply now.

Step 1
Apply Online

Use our 100% free online form to apply in less than 5 minutes on your phone or laptop.

Step 2
Instant Decision

You will receive an instant decision on your laptop, tablet or ipad from one of our lending partners who will offer the best rates for your circumstances.

Step 3
Receive Money

Within 1 hour, the same day or the next business day you will get your funds in your nominated bank account that you provided in your application.


The right partner

We only ever work with lenders that we trust which means we can guarantee your security. We work with hundreds of lenders across Indiana and we can analyze your needs closely. We will make sure that we match you with a lender that suits your needs.


No impact on your credit history

Capital Bean will use soft credit checks to assess your finances which will never leave a visible footprint on your credit history. We look at factors other than just your credit history in order to determine your creditworthiness. This means that even if you have a poor credit score, you can still be considered for a loan.



Capital Bean is a broker rather than a direct lender. This means that we do not supply the funds directly but instead match you with the best lender for you. Even if you have poor or bad credit, we will always try and help you find access to funds.

Am I Eligible To Apply For A Payday Loan in Indiana?

To be eligible for a payday loan in Indiana you must be meet the following eligibility requirements.  The lenders that we work with do consider those with bad credit but you will need to meet these requirements.

  • At least 18 years old
  • A resident of the US
  • Have an active checking account so we can send the money to you
  • Have an active cell phone account to receive a text.
  • Make over $800 per month
  • Be in regular employment each month

Can Capital Bean Help You Find A Payday Loan In Indiana?

If you need cash in between paychecks, Capital Bean can help you gain quick access to funds. Whether it is a burst pipe, car breakdown or emergency medical expense, there are many reasons why you might need quick access to funds. Our same day online loans services is quick and easy to use and can help you find a payday loan anywhere in Indiana. Apply today and get a decision in mere minutes!

Rules And Regulations For Indiana Payday Loans

Legal Status Legal
Interest Rate (APR) 391% APR*
Minimum Loan Amount $50
Maximum Loan Amount $550
Minimum Loan Term 14 days
Maximum Loan Term Not Specified
Number of Rollovers 0
Number of Outstanding Loans 1 loan from 1 lender, 2 loans in total
Finance Charges $250 – $400 loan amount = 13% fee
$250 – $400 loan amount = 13% fee
$400 – $550 loan amount = 10% fee
Statute of Limitations 6 years (from the last payment)
Database Loan Tracking Yes

Reference: Indiana State Government

How Much Does It Cost For A $550 Payday Loan In Indiana?

In Indiana, the maximum amount you can borrow is $550 so we thought it would be useful to show the cost. If you were to borrow $550 over 60 days with the maximum APR (391%) you would pay back a total of $886. This breaks down to $550 in principal repayments, $281.37 in interest and $55 in finance charges.

Can I Get A Same Day Payday Loan In Indiana?

Yes – many of our lenders offer same day loans. You can also get a loan within 24 hours or the next business day. To avoid disappointment, it is always worth checking whether you’re eligible for a loan before using the online request form. To be eligible for a payday loan in Indiana, there are four key eligibility requirements. Applicants must be residents of the US and at least 18 years old. Borrowers will need to demonstrate a monthly income of at least $800. Finally, you will need to have an active checking account where your payday loan can be paid into.

Are Payday Loans Legal In Indiana?

Payday loans are legal in Indiana. According to state law, there is a limit on the amount of a classic payday loan of between $50 minimum to $550 maximum. The loan amount also cannot be in excess of 20% of the borrower’s monthly gross income. In Indiana, borrowers cannot take out more than two loans simultaneously and also these loans cannot be from different lenders. For Indiana payday loans, the minimum loan term is 14 days. Finance charges can vary depending on the amount advanced (10%, 13% or 15%).

Can I Get An Indiana Payday Loan If I Have Very Bad Credit?

Even borrowers with bad credit may still be eligible for a loan. In Indiana, you can still find a payday loan even if you’ve been turned down by an app or credit union or bank in the past for your bad credit. You might have made a mistake in the past that has impacted your credit score, but we at Capital Bean believe you should always have the opportunity to rebuild your financial strength. Working with borrowers from all backgrounds, Capital Bean can help you get started today to find the right payday loan for you.


How Can I Find A Payday Loan In Indiana?

Our application process for Indiana payday loans is 100% online. This means that with Capital Bean you can get up to $35,000 today from your phone or tablet in the comfort of your own house. Our application process can be completed in under 5 minutes and the decision is made instantly by our lenders.

We aim to make the payday loan process as quick and easy as possible meaning that you could have the money in your account in the same day!

At Capital Bean, we understand that sometimes time is of the essence. When you’re hit with unexpected expenses, your main priority is getting quick and safe access to money. That is why with our fast, online application, we can get you approved within minutes and get funds to you in under an hour!

If you are experiencing long-term financial problems or looking to take out money over a long period of time, payday loans may not be for you. Always read the lender’s terms and conditions before making an application and make sure that you are taking out the loan for the right reason.

What Are The Repayment Terms Of A Payday Loan In Indiana?

The terms and conditions of your loan will vary depending on which lender you decide to work with. If you’re taking out a small loan ($1,000 or less) we find that the most common repayment time frame is two to four weeks.

If you’re borrowing over $1,000 (up to $35,000) these payments are usually spread over a longer period of time.

In Indiana, the minimum loan term is 14 days.

If for any reason you struggle to pay back the loan amount, this could impact the amount of interest you need to pay and could negatively impact your credit rating in the long term.

Can I Get A Fast Payday Loan In Indiana?

Fill out our 100% online request form and receive a decision about your loan approval in minutes. If your application is successful, you could even receive your payday loans online same day.

Capital Bean aims to make the process as simple and quick as possible. That is why we work with multiple lenders across Indiana to help get the money to you as quickly as possible. Successful applications can receive money from the lender straight into their account in as little as an hour.

To speed up the process and to help you get fast access to funds, make sure you have relevant information ready to fill out the form such as your bank account details. If you are wanting to receive the decision as quickly as possible, make sure to submit your application during Indiana working hours as this is when the majority of loans are approved. Being able to respond quickly to any queries or document requests will make it more likely that your loan is approved.

Where Can I Find A Payday Loan in Indiana?

Fort Wayne
South Bend
East Chicago
Terre Haute
Michigan City
West Lafayette

New Albany
Crown Point
Highland town
La Porte
St. John
New Castle

New Haven
Cedar Lake
Beech Grove
Lake Station
Columbia City
Tell City

What Is The Process To Request A Loan In Indiana?

Get started today by clicking on the ‘get started’ button below. This will take you straight to the online form. Answer some simple questions about how much you wish to borrow and over how much time. You will also be asked for a few personal details including your income, monthly expenditure and employment status.


FAQs for Payday Loans in Indiana

What’s The Maximum And Minimum I Can Borrow?

Payday loan amounts range from $100 to $35,000 although Indiana state law prohibits loans of more than $550.

If I Have Bad Credit Can I Still Get A Payday Loan?

Absolutely, yes. Capital Bean works with a wide range of people with different credit histories. This also includes those that have a very bad credit history or score.

What Are The Maximum And Minimum Durations Of A Loan In Indiana?

In Indiana, there is no maximum term length specified. The minimum term length is 14 days (2 weeks).

Is Capital Bean a lender?

Capital Bean is a broker, meaning that we will not pay you the funds directly but instead work with our panel of lenders to get you the best possible rate in Indiana. We will pass your details on to the lender that is best suited to your circumstances. This means the best interest rates and best repayment terms.

How Much Does It Cost To Submit A Payday Loan Request In Indiana?

It is free to submit a payday loan request in Indiana via Capital Bean’s online application service.

How quickly can I get the funds through?

If you’re approved you could have the funds in as little as an hour. So if you’re looking to get money through on the same day then Capital Bean could be the right partner for you.

Where In Indiana Are Capital Bean Located?


Fort Wayne