Payday Loans and Cash Advance in Delaware: Get Offers Online
Payday and installment loans in one short form, offers from licensed lenders, and money sent to your bank account if you are approved.
Estimate uses a typical fee of $15 per $100 for a two-week loan (CFPB example). Actual fees depend on the lender. A typical two-week loan with a $15 per $100 fee has an APR near 400%. Your offer may differ.
Check my offers- Delaware lenders must be licensed by the state
- Full cost and APR shown before you sign
- All credit types can apply; lenders may check credit
Payday Loans in Delaware, requested online
Delaware residents can request $100 to $1,000 online from any of the 57 Delaware cities we cover. You fill in one form, lenders review it, and you see the full cost before you decide.
What Delaware law says
- Maximum loan amount: $1,000.
- Fee limit: No state cap on interest or fees; the lender sets the rate in the loan agreement, within the Commissioner's schedule of allowed charges.
- Maximum loan term: 59 days.
- Renewals: Up to 4 rollovers per loan; a rollover counts as a new loan toward the yearly limit.
- Payment plan: After the last rollover the lender may offer a workout plan: equal installments over at least 90 days, with no added fees or interest.
- Loan limits: No more than 5 short-term loans from all lenders in any 12 months, tracked in a state-run database.
- Lenders must hold a license from the Office of the State Bank Commissioner and disclose fees and APR before you sign.
Good to know
- A short-term consumer loan in Delaware is $1,000 or less, repaid in under 60 days, and not secured by a car title.
- A borrower may have no more than 5 short-term loans from all lenders in any 12 months; rollovers count as loans.
- A lender may roll over a loan no more than 4 times.
- Delaware sets no maximum interest rate or fee for these loans, so compare the stated cost before signing.
- You can cancel the loan by returning the full amount by close of business the next business day, with no fee.
- A lender may not threaten or bring criminal action over a returned check or ACH payment.
- Loans made in violation of the 5-loan limit are void; the lender cannot collect principal, interest or fees.
Why request online
Installment loans in Delaware
Need more than $1,000 or more time to repay? Delaware also allows consumer loans from licensed lenders, repaid in fixed monthly payments. No rate cap; the interest rate is whatever the loan agreement states. A lender may charge simple or precomputed interest.
- A payday loan fits a small, one-off gap you can repay in full on your next payday.
- An installment loan fits a larger amount or a budget that needs smaller monthly payments; check the total interest before you sign.
- Installment lenders need a license: Licensed Lender license from the Delaware Office of the State Bank Commissioner (Title 5, ch. 22).
Illustration only. Your lender must disclose the APR, payment schedule and total cost before you sign.
How it works
Payday Loan Rules in Delaware
| Maximum amount | Up to $1,000 |
|---|---|
| Loan term | Less than 60 days |
| Rate / fee rule | Interest/rate generally set by loan agreement under statute |
| Regulatory basis | 5 Del. C. §978; §2227 et seq. |
Key Rules
- Licensed lender
- no simple statewide payday APR cap shown in statutory summary
Regulatory reference: the statutes listed in this table and the state regulator. State rules can change; confirm current terms before borrowing.
Largest Delaware cities
Questions people ask
Can I get a loan in Delaware with bad credit?
Yes, you can apply with any credit history. Lenders look at your income and banking history, not only your credit score, but they may still check your credit and approval is not guaranteed. Compare the APR and total cost before you accept.
Are payday loans legal in Delaware?
Yes. Lenders are licensed by the Office of the State Bank Commissioner under 5 Del. C. ch. 22, subch. III (§§2227-2235C).
What is the maximum payday loan in Delaware?
$1,000. The lender decides your amount based on income.
How much does a payday loan cost in Delaware?
Fee limit in Delaware: no state cap on interest or fees; the lender sets the rate in the loan agreement, within the Commissioner's schedule of allowed charges. At $15 per $100, a $300 two-week loan costs $45, about 391% APR.
Where can I complain about a lender in Delaware?
Contact the Office of the State Bank Commissioner at (302) 739-4235 or the CFPB at consumerfinance.gov/complaint.
It takes a few minutes and costs nothing to ask. You decide after you see the full cost.
Check my offersWe pass your request to participating lenders. A request does not guarantee an offer; approval, amount and funding time depend on the provider.
Resources
Payday loans near me in Delaware: find your city