If you are looking for payday loans in Louisiana, Capital Bean can help you borrow $300, $500 or $1,000 to overcome emergency financial setbacks. Use our online form to check your eligibility in less than 5 minutes and receive instant approval. We have options for bad credit and no credit checks and if accepted, you can receive funds on the same day or in 24 hours.
Get Payday Loans in Baton Rouge, New Orleans and Louisiana - Apply Below
Representative Example:
On an assumed loan amount of $300 over 3 months. Representative 400% APR. Total repayment amount $518.91. 3 monthly payments of $218.91.
What Are The Steps To Apply For a Payday Loan in Baton Rouge and New Orleans?
Follow our three easy steps below:
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 On-Screen 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 Your 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.
Where Can I Find a Payday Loan in Louisiana?
For payday loans in Louisiana, our online application process is 100% digital so we can help people across the entire state and the US. Whether it’s the big cities like Baton Rouge and New Orleans or small towns across the state we can help you get a loan today. See some of the cities we work in below:
- New Orleans
- Baton Rouge
- Shreveport
- Metairie
- Lafayette
- Lake Charles
- Kenner
- Bossier City
- Monroe
- Alexandria
- Prairieville
- Houma
- Marrero
- Central
- Laplace
- Slidell
- New Iberia
- Terrytown
- Chalmette
- Ruston
- Shenandoah
- Harvey
- Sulphur
- Bayou Cane
- Zachary
- Hammond
- Natchitoches
- Gretna
- Estelle
- Youngsville
- Opelousas
- Thibodaux
- Luling
- Pineville
- Bayou Blue
- Broussard
- River Ridge
- Mandeville
- West Monroe
- Gonzales
- Baker
- Claiborne
- Minden
- Destrehan
- Crowley
- Covington
- Morgan City
- Abbeville
- Waggaman
- Woodmere
- Raceland and Carencro
- Gardere
- Bogalusa
- Timberlane
- Moss Bluff
- Jefferson
- Belle Chasse
- DeRidder
- Jennings
- Merrydale
- Bastrop
- Denham Springs
- Eunice
- Harahan
- Fort Polk South
- Reserve
- Oak Hills Place
- Prien
- Westwego
- Meraux
- Scott
- Eden Isle
- Ponchatoula
- Village St. George
- Breaux Bridge
- Galliano
- Old Jefferson
- Lacombe
- Rayne
- St. Gabriel
- Addis
- Oakdale
- St. Rose
- Donaldsonville
- Inniswold
- Red Chute
- Franklin
- Larose
- Walker
- Bridge City
- Ville Platte
- Gray
- Elmwood
- Violet
- Tallulah
- Brownfields
- Plaquemine
- Patterson
- Schriever
- Leesville
- West Shreveport
- Queensborough
- Caddo Heights
- South Highlands
- Scotlandville
- The Bottoms
- Little Woods
- West Lake Forest
Is A Louisiana 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 an hour.
Capital Bean helps people in Louisiana find a payday loan with the best options
- Instant decisions
- Flexible repayment options
- Options for borrowers with poor credit
- Online loan request form
Where you want to borrow $400, $500 or $1,000 should only ever be used for short-term, emergency expenses. If you are looking for extra cash to spend on shopping or going out, payday loans are not the answer. For anyone suffering long-term financial problems, they should explore alternative options.
Always make sure to read the lender’s terms and conditions carefully to make sure you can afford this loan over the time period requested. If you are unable to meet a repayment on the due date for any reason, this will increase the amount of interest you have to pay and could negatively impact your credit score.
Am I Eligible For a Payday Loan In Louisiana, New Orleans and Baton Rouge?
To save time and disappointment, always check whether you are eligible for a loan before using the online request form. To be eligible for a payday loan in Louisiana, 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 Louisiana Payday Loans Legal?
Payday loans are legal in the state of Louisiana. In accordance with state law, there is a maximum payday loan limit of $350. Payday loans can be taken out for a period of up to 30 days and there is a maximum charge of 16.75% of the amount advanced.
Like many other states, rollovers are not legally permitted in Louisiana meaning that lenders cannot roll the loan over if the borrower is unable to meet repayment on the due date.
The average APR of a loan in Louisiana is 391%. Lenders in Louisiana are trying to push a bill to extend the payday loan options including a higher loan amount and longer loan terms.
Can Capital Bean Help You Find A Payday Loan In Baton Rouge and Louisiana?
If you are in Louisiana and need quick access to cash between paychecks, Capital Bean can help you gain quick access to funds. There are many reasons why you might need quick access to funds, from burst pipes to car breakdown to medical emergencies. Our online services are quick and easy to use and can help you get a payday loan anywhere in Louisiana. Apply today and get a decision in minutes!
What Are The Laws For Payday Loans In Louisiana?
Payday loans are legal in Louisiana and you can borrow money for up to 30 days. The maximum finance charges are 16.75% and real APR equals 391%. Our chart below shows all of the information.
| Legal Status |
Legal
|
| Interest Rate (APR) |
391%*
|
| Maximum Loan Amount | $350 |
| Minimum Loan Term |
Not Specified
|
| Maximum Loan Term |
30 days
|
| Finance Charges |
16.75% of the amount advanced
|
| Statute of Limitations |
10 years (from the last payment)
|
| Database Loan Tracking | No |
Reference: Louisiana Office of Financial Institutions
Even if you have very bad credit, you may still be eligible for a loan (see poor credit loans). In the state of Louisiana, 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 Louisiana?
Our application process for Louisiana 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 under an hour!
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 Louisiana?
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 Louisiana, the maximum loan term is 30 days and rollovers are not legally permitted.
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.
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 the funds directly into your account on the same day.
Capital Bean aims to make the process as fast and straightforward as possible. That is why we work with multiple lenders across Louisiana 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 cash loans, 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 Louisiana 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.
What Is The Process To Request A Loan In Louisiana?
Start the process 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.
What Are Some Frequently Asked Questions For Payday Loans In Louisiana?
Can You Provide Payday Loans Across All Of Louisiana?
Yes – we are a 100% online loans provider and so can offer loans anywhere in Louisiana.
How Much Can I Borrow In Louisiana?
With Capital Bean we work with lenders that lend anywhere from $100 to $35,000. However, in Louisiana, the maximum you can borrow at one time is $350 over 30 days.
How Much Does It Cost To Apply For A Payday Loan In Louisiana?
To apply for a payday loan in Louisiana it is completely free. Once you get your payday loan there is a maximum cap of 391% APR on any loan.
Are There Fees For Applying?
No – there are no fees for applying through Capital Bean. Our online application is 100% online and we work on a commission basis that is paid once you’ve been accepted for a loan with the best rates for you.
How Long Can I Borrow A Payday Loan For?
We offer loans that can be paid back from 1 to 60 months in length. In Louisiana the maximum loan term is 30 days.
Can I Repay My Loan Early?
Yes – you can pay back your loan early and save money on the interest rate that you have been quoted. The first step is to contact your lender and let them know you want to repay your loan early Then you will need to pay back the full amount to them via an online portal or through the phone.
Does Capital Bean Make Loans Directly?
No – Capital Bean is not a direct lender and acts as a loan broker. We introduce you to the best broker in Missouri who will find you the best rates for your circumstances. We receive a small commission if your loan is successful.
