Best Loans in Missouri, Payday, Auto Title Laws of February 2024

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Last Update: November 2, 2022 Loans By State
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Missouri’s Trade and Commerce Act allows lenders and borrowers to negotiate installment loan terms freely. The state does not regulate loan amounts or maximum finance charges.

However, for loans of 30 days or more, licensed lenders can charge a one-time fee of 10% of the loan amount – up to a maximum of $100. Licensed lenders can also levy a late payment fee – after the loan is at least 15 days past due – of 5% of the minimum payment due, up to a maximum of $50. Licensed lenders can also levy a non-sufficient funds (NSF) fee of $25.

Best Bad Credit Loans in Missouri of February 2024

Amount:

$100 - $15,000

Min. Credit Score:

0

APR:

5.99% - 35.99%

Approval:

5 Minutes

Terms:

1 - 72 Months

Licensed in Missouri:

Yes

Amount:

$1,000 - $50,000

Min. Credit Score:

300

APR:

5.6% - 35.99%

Approval:

5 Minutes

Terms:

3 - 5 Years

Licensed in Missouri:

Yes

Amount:

$100 - $40,000

Min.