Why get an Online Loan in Indiana?
We get it. Sometimes, emergency expenses like student of educational come up and you need to get cash
immediately. But, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in Indiana is quick and easy. It doesn't matter if you live
in Indianapolis, Fort Wayne, Evansville, or South Bend, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Payday Loans in Indiana Cost?
The maximum annual percentage rate allowed by law in Indiana is 391.07% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In Indiana, lenders may charge a maximum
of 15% up to the first $250 plus 13% up to $400, plus 10% up to $550.
Representative Example
For example, Cassy has an unexpected student of educational expense and needs cash
immediately. They can borrow up to $550 for up to no maximum
at 391.07% APR. The high APR can make this example loan extremely expensive; Cassy will pay back a total of $729 including a total of $179 in interest and fees!
What You Need
Before you can get an online loan in Indiana, this is what you will need:
- You must be at least 18 years old
- Valid Indiana driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Payday Loans in Indiana
Maximum loan terms in Indiana:
- Maximum loan amont: $550
- Maximum rate, including fees: 391.07%
- Maximum loan length: $550
