New Orleans, LA · South · Allowed
Payday loans in New Orleans
New Orleans is governed by Louisiana's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Louisiana. 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 New Orleans
391,495 residents · Orleans Parish County Median household income is $36,792 — below the Louisiana median of $46,376.
12 storefront locations of 6 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 |
|---|---|---|---|
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 4639 Magazine St, 70115 | (504) 899-0074 | Mon 8:00 AM - 8:00 PM · hours vary |
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 1026 Canal St, 70112 | (504) 566-1683 | Mon 8:00 AM - 8:00 PM · hours vary |
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 401 S Claiborne Ave, 70112 | (504) 529-5219 | Mon 8:00 AM - 8:00 PM · hours vary |
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 4638 Washington Ave, 70125 | (504) 486-8950 | Mon 8:00 AM - 8:00 PM · hours vary |
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 2729 Saint Claude Ave, 70117 | (504) 948-9327 | Mon 8:00 AM - 8:00 PM · hours vary |
| ACE Cash Express Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 4103 Jefferson Hwy, 70121 | (504) 837-6552 | Mon 8:00 AM - 7:00 PM · hours vary |
| Advance America Check Cashing/Pay-day Loans, Title Loans | 2093 Caton St, 70122 | (504) 288-6538 | Mon 10:00 AM - 6:00 PM · hours vary |
| Advance America Check Cashing/Pay-day Loans, Title Loans | 5608 Citrus Blvd Ste F, 70123 | (504) 733-7577 | Mon 10:00 AM - 6:00 PM · hours vary |
| American Thrift & Finance Plan Installment Loans | 2233 Canal St, 70119 | (504) 822-1080 | Mon–Fri 8:30 AM - 5:30 PM · Sat–Sun Closed |
| Cuee Business Consulting, Business Financing, Installment Loans | 2725 S Broad Ave Fl 2, 70125 | (504) 909-4600 | Mon 9:00 AM - 5:00 PM · hours vary |
| Luckmore Finance Auto Loan Providers, Title Loans, Installment Loans | 629 Baronne St, 70113 | (504) 581-7346 | Mon 8:30 AM - 5:00 PM · hours vary |
| Read Cash Advance Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 7007A Read Blvd, 70127 | (504) 246-5500 | 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 Louisiana page before visiting. Spot an error? Report it.
The online route in New Orleans
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Louisiana 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 Louisiana regulator.
The rules behind the numbers
Deferred presentment small loans are high-cost credit products intended for short-term financial needs only.
In practice: borrow $300 for a standard term and the finance charge is $60.25 — $360.25 repaid at the end, about 523% APR. Every compliant lender in New Orleans has to fit inside that schedule.
Statute: La. R.S. 9:3578.1 et seq.
Regulator: Louisiana Office of Financial Institutions · www.ofi.la.gov
Questions people ask in New Orleans
Are payday loans legal in New Orleans, LA?
Yes. Storefront payday lending is permitted across Louisiana, and New Orleans runs under the same state rules: maximum loan $350, fees capped at 16.75% of check amount ($16.75 per $100) + $10 documentation fee. A store charging above the cap is operating illegally.
How much would a $300 loan cost me in New Orleans?
The same as anywhere in Louisiana: state law sets the schedule. On a typical $300 loan the finance charge is about $60.25 — $360.25 repaid at the end of the standard term.
Which lenders have stores in New Orleans?
12 storefronts are listed in New Orleans in our 2022-02-20 directory snapshot (6 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in New Orleans?
Complaints about a lender go to the Louisiana Office of Financial Institutions (www.ofi.la.gov) — keep the loan agreement and every fee disclosure you were given.