Notice: As a part of OVLG's preventive measures on COVID-19 outbreak, our office will remain operational with reduced staff from home. You may face issues with the phone due to routing issues or get delayed response. So we prefer that you send us an email or make a support request for assistance. For new clients, please use our chat system.

Payday loan laws in Montana

  • Status: Legal (Mont. Code Ann. 31-1-701)
For Lenders

Lending specifications:

  • Maximum loan amount: $300
  • Loan tenure: 31 days
  • Fees and finance charges: 36% APR
  • Finance charge on a 14-day $100 loan: $1.39

Collection restrictions:

  • Collection fees: One $30 NSF fee
For Borrowers

Complaint cell:

Last Updated on: Mon, 27 Nov 2017