Payday loans are not available in Vermont. Here is what the law says, how to spot unlicensed lenders and what you can do instead.
Vermont Payday Loan Regulations
Here's what fees you can expect when obtaining online payday loans in Vermont:
| Payday lending status in Vermont: | Prohibited |
|---|---|
| Reason | 18% interest rate cap on consumer loans |
| APR cap | 18% |
| State Regulator | Vermont Department of Financial Regulation |
Table Data Updated: May 2026.
Above you can see what fees you can expect when obtaining online payday loans in Vermont.
Licensed Installment Lenders in Vermont
Payday Loans & Cash Advance In Vermont Near Me From Direct Lenders
Search 4 installment loan locations in Vermont by city or ZIP, or use your location to see the nearest first.
Payday Loans Are Not Available in Vermont
Classic payday loans are not legally available in Vermont: 18% interest rate cap on consumer loans.
That protects borrowers from triple-digit rates, but it also means that a site or lender offering you a payday-style loan in Vermont deserves a hard look. Below you will find the rules, how to check a lender, and legal ways to get cash when you are short.
Why Use MaybeLoan in Vermont
- We are not a lender. We do not make loan decisions or charge you for using the site.
- We show legal options. The lenders listed on this page are licensed installment lenders, not payday lenders.
- You decide. Compare the total cost, the due date and the fees before you sign anything.
- How we are paid. Lenders may pay MaybeLoan when you apply through our links. That is how the service stays free for you.
Be careful with online lenders that offer payday-style loans in Vermont. If a lender is not licensed in the state, you can report it to the regulator.
What You Can Do Instead in Vermont
Start with the options that cost the least:
- Ask your creditor or landlord for a payment plan before the due date.
- Check whether your employer offers a paycheck advance or earned wage access.
- Look at a credit union near you in Vermont: federal credit unions can offer Payday Alternative Loans (PALs) with a capped interest rate.
- Call 211 or your county for help with rent, utilities and food.
- Compare a small loan from a licensed lender by total cost, not by monthly payment.
Who to Contact About a Lender in Vermont
Report a problem to the Vermont Department of Financial Regulation.
Sources: NCSL. Data last checked: 2026-05. This page is general information, not legal advice.
Frequently Asked Questions About Payday Loans in Vermont
