Milford, DE · South · Allowed
Payday loans in Milford
Milford is governed by Delaware's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Delaware. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Milford
10,979 residents · Kent County / Sussex County Median household income is $45,368 — below the Delaware median of $66,330.
3 storefront locations of 3 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Advance America Title Loans, Installment Loans | 941 N DuPont Blvd Ste J, 19963 | (302) 424-2460 | Mon 10:00 AM - 6:00 PM · hours vary |
| Mariner Finance Installment Loans | 975 N Dupont Blvd, 19963 | (302) 422-6166 | Mon 9:00 AM - 5:00 PM · hours vary |
| Minute Loan Center - Milford Check Cashing/Pay-day Loans, Installment Loans | 945A N DuPont Blvd, 19963 | (302) 262-8501 | Mon 9:00 AM - 6:00 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Delaware page before visiting. Spot an error? Report it.
The online route in Milford
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Delaware follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Delaware regulator.
The rules behind the numbers
Short-term loans are intended for temporary cash needs and carry high interest rates if extended.
In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 391% - 520% APR. Every compliant lender in Milford has to fit inside that schedule.
Statute: Del. Code tit. 5, § 2227 et seq.
Regulator: Office of the State Bank Commissioner of Delaware · banking.delaware.gov
Questions people ask in Milford
Are payday loans legal in Milford, DE?
Yes. Storefront payday lending is permitted across Delaware, and Milford runs under the same state rules: maximum loan 1 loan at a time, fees capped at No fee cap (set by contract). A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Milford?
The same as anywhere in Delaware: state law sets the schedule. On a typical $300 loan the finance charge is about $45 — $345 repaid at the end of the standard term.
Which lenders have stores in Milford?
3 storefronts are listed in Milford in our 2022-02-20 directory snapshot (3 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Milford?
Complaints about a lender go to the Office of the State Bank Commissioner of Delaware (banking.delaware.gov) — keep the loan agreement and every fee disclosure you were given.