15% of the payday loan amount on the 1st $100; 10% on subsequent $100 increments.
Maximum term of 31 days. Maximum cash advance amount allowable is $500. Rollovers are prohibited.
For a thorough discussion of the payday loan industry and access to our payday loan training materials, we recommend you proceed to Payday and Paycheck Loans.com
Iowa Payday Loan Laws & Legislation State Information
Legal Status: Legal
Address: 200 East Grand Avenue, Suite 300 Des Moines IA 50309
Phone: (515) 281-4014
Fax: (515) 281-4862
Regulatory Contact: Rodney Reed,, Finance Bureau Chief