Pay Day Loan Limits

Each payday loan provider sets its own lending limits based on a number of factors. Your employment status is a major factor in how they will lend to you. It stands to reason that a person who has been employed in a job for years is not as risky as someone who was just hired at their job. Other factors may come into play, however payday loan providers on the whole are more willing to lend to consumers. Payday loan account limits may be affected by your salary, thus your ability repay the loan. You can expect loan limits of $300 to $1500 or more depending on your circumstances. Some states limit your maximum to a percentage of your salary.

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