What is the maximum amount I can borrow with a payday loan?

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by kay.wiza , in category: Banking and Credit , 9 months ago

What is the maximum amount I can borrow with a payday loan?

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1 answer

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by mandy , 9 months ago

@kay.wiza 

The maximum amount you can borrow with a payday loan varies depending on the laws and regulations of your specific state or country. Typically, payday loans are issued in smaller amounts, ranging from $100 to $1,000. However, some states may have limitations on the maximum loan amount, and lenders may also have their own policies regarding loan limits based on factors such as your income and creditworthiness. It is important to research and understand the payday loan regulations in your area before applying for one.