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States Delaware Payday Loans

Payday Loans in Delaware

Page last reviewed: October 28, 2026 · Reviewed for accuracy by Peter Kizza

Payday loans are legal in Delaware, but the state's database recorded zero short-term loans in 2025. The law allows up to $1,000 due in under 60 days; if you need longer to repay, look at Delaware installment loans with terms of 60 days or more.

Check Your Options
In 2025 Zero short-term loans in Delaware's statewide database
Borrow Up to $1,000, due in under 60 days; five loans per 12 months
Example Illustration: $300 for 14 days at $15 per $100 costs $45 (~391% APR)
Cost cap None: the fee or interest is whatever your contract sets
You need ID, proof of income and a bank account, plus a state database check
See Sample Costs Need 60 Days or More?

LendUp isn't a lender. We pass your request to lenders in our network; offers aren't guaranteed, and we may earn compensation if a loan is funded.

No Fee Cap: What $300 or $1,000 Could Cost

Delaware doesn't limit the fee or interest on a short-term loan. Lenders must post their fees and rates at the entrance and on their websites, and give you an itemized schedule of charges when you apply.

LoanRepayCost
$300, short-termOnce, in 14 days$45 fee (~391% APR)
$1,000 at 36%12 × $100.46~$206 interest
$1,000 at 150%12 × $165.19~$982 interest

Illustrations, not Delaware limits or offers from lenders in our network. The $15-per-$100 fee is the CFPB's common example, which it puts at almost 400% APR on a two-week loan. With no cap, a lender can charge more or less.

Zero Short-Term Loans in 2025, but the Rules Still Apply

Delaware's database, running since 2013, counted no short-term consumer loans from January through December 2025, though 42 licensee store locations were active at year-end. If a lender does offer you one, these limits apply:

  • No more than five short-term loans from all lenders in any 12 months, and each rollover or refinancing counts. A loan over the limit is void.
  • No more than four rollovers. After that, a lender may offer a workout: equal payments over at least 90 days, with no added fee or interest.
  • Cancel by returning the full amount by the close of business on the next business day, at no charge.
  • A lender can't disguise a short-term loan as a revolving line of credit to get around the five-loan limit.
  • No criminal charges or threats if you don't repay, even after a returned check or ACH payment.

Under 60 Days or Longer? Picking the Right Delaware Loan

Pick a short-term loan when
  • The amount is $1,000 or less
  • You can repay it all in under 60 days
  • You've had fewer than five short-term loans in the past 12 months
Pick an installment loan when
  • You need more than $1,000, or more than 60 days
  • You'd rather repay over several months
  • You want to stay clear of the five-loan limit and the database

See sample installment payments. Either way, late fees are capped at 5% and there's no prepayment penalty.

Requesting a Delaware Loan of $1,000 or Less

  1. Count your short-term loans from the past 12 months, rollovers included. A sixth isn't allowed, and the lender checks the state database.
  2. Submit one request through LendUp. Lenders in our network review it, and any offer shows the APR, payments and total cost before you sign.
  3. Read the application's disclosure, in English and Spanish, and check that every charge appears on the lender's itemized schedule.

Is the Lender on OSBC's Licensed List?

Official lookup tool OSBC Licensed Non-Depository Institutions
  1. Open OSBC's Licensed Non-Depository Institutions page and pick the Licensed Lender list.
  2. Search it for the company's legal name, not its brand, and look for Current - Licensed.
  3. Match the name and address to the storefront or website you're using.

Can't find it? Call OSBC at (302) 739-4235 before you apply. You can't be charged any part of the state database fee.

Common Questions

Can I get a payday loan in Delaware?

The law allows short-term loans of $1,000 or less with a term under 60 days, but Delaware's database recorded none in 2025. A loan with a term of 60 days or more is an installment loan.

How many payday loans can I have in Delaware?

No more than five from all lenders in any 12 months, rollovers and refinancings included. Lenders check a statewide database, and a loan over the limit is void.

How much does a payday loan cost in Delaware?

Delaware doesn't cap the fee or interest. At $15 per $100, $300 for 14 days costs $45, about 391% APR; a Delaware lender can charge more or less.

Can I cancel a payday loan in Delaware?

Yes. Return the full amount by the close of business on the next business day and you owe no fee. Saturdays count as business days; Sundays and legal holidays don't.

What if I can't repay a Delaware payday loan?

A lender can roll it over up to four times, each counting toward your five loans, and may then offer a workout over at least 90 days with no added charges. It can't threaten criminal action.

Are online payday loans legal in Delaware?

Yes, from an OSBC-licensed lender, under the same limits. A lender can't use the internet or any other channel to get around the five-loan limit.

Official Sources

General information, not legal advice. Facts on this page were checked against these sources on October 28, 2026.

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