Interest Rate Limits on Personal Loans by State (2026)
Planning a loan with someone you know? Choose a state to explore its information, then talk through the terms together.
Explore state interest-rate information
| State | General usury limit |
|---|---|
| Alabama | 6% |
| Alaska | 10.5% |
| Arizona | No general cap |
| Arkansas | 6% |
| California | 7% |
| Colorado | 8% |
| Connecticut | 8% |
| Delaware | 8.75% |
| Florida | 18% |
| Georgia | 7% |
| Hawaii | 10% |
| Idaho | No general cap |
| Illinois | 5% |
| Indiana | No general cap |
| Iowa | 5% |
| Kansas | 10% |
| Kentucky | 8% |
| Louisiana | 12% |
| Maine | No general cap |
| Maryland | 6% |
| Massachusetts | No general cap |
| Michigan | 5% |
| Minnesota | 6% |
| Mississippi | 8% |
| Missouri | 9% |
| Montana | 10% |
| Nebraska | 6% |
| Nevada | No general cap |
| New Hampshire | No general cap |
| New Jersey | 6% |
| New Mexico | No general cap |
| New York | 6% |
| North Carolina | 8% |
| North Dakota | 6% |
| Ohio | 8% |
| Oklahoma | 6% |
| Oregon | 9% |
| Pennsylvania | 6% |
| Rhode Island | 12% |
| South Carolina | No general cap |
| South Dakota | No general cap |
| Tennessee | 10% |
| Texas | 6% |
| Utah | No general cap |
| Vermont | 12% |
| Virginia | 6% |
| Washington | 12% |
| West Virginia | 6% |
| Wisconsin | No general cap |
| Wyoming | No general cap |
Reviewed 2026-09.
Interest-rate (usury) limits shown by Chipkie are general guidance only, compiled from public summaries and not legal advice. Caps vary by loan type, amount and lender, and states change them — please verify your state's current limit yourself before relying on it.
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Use the information and accompanying notes in the tool as a starting point. Check the source dates and qualifications, and get advice on your own circumstances when needed.
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Discuss what you will do if circumstances change. A clear plan gives you a shared starting point for the conversation.
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This tool provides general information, not legal, tax or financial advice. For guidance on your own circumstances, speak with a qualified professional.