Loans in Idaho

If you are looking to get an online loan in the state of Idaho, compare the loan rates first in Financer.com. We help you find the best online loans and payday loans in Idaho. Read more below!

How much would you like to borrow?

Compare Idaho Loans

Borrow $1,000 with a period of 6 Months.
Edit Search
Amount: $1,000 | Period: 6 Months
Search Options
We found 9 loans

Edit Search

More Filters Reset
Choose your state
recommended

Chosen 49,021 times

recommended

Chosen 49,021 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Lowest cost

Customer type:

All

Borrow up to

$35,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

62 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

recommended

Chosen 70,709 times

recommended

Chosen 70,709 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Most chosen

Customer type:

All

Borrow up to

$5,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

25 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Chosen 20,970 times

Chosen 20,970 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Best reviews

Customer type:

All

Borrow up to

$35,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

9 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

Show all 9 offers
$1,000
Compare Offers
Idaho payday loans

Idaho Payday Loan Laws

payday loans idaho Idaho’s Payday Loan Act was amended in 2014, introducing new consumer protections for borrowers. The following guide shows how payday lenders are authorized to operate in this state.

The new provisions provide the following consumer protections:

  • A payday loan is restricted to 25% of a borrower’s gross income
  • The maximum loan amount is $1,000
  • A payday lender may only make one initial presentment for a check
  • Borrowers are allowed only one repayment extension request per year

If you experience difficulty repaying your Idaho installment loan, you may request for an extended payment plan. The extended payment plan allows a borrower 60 more day’s repayment period in 4 equal installments.  This plan should not incur additional charges.

Importance of Idaho Cash Advance Regulations

The objective of the Idaho payday legislation was to save individuals from the debt cycle. Potential borrowers are able to know in advance the risks associated with payday borrowing prior to signing.

The availability of an extended payment plan is one of the provisions protecting consumers from such risks. Many residents of the state have thus benefited from various Idaho installment loans with flexible repayment terms.

Limitations of Idaho Lenders

The payday Loan Act prohibits lenders from these activities:

  • Making a payday loan without being licensed by the department
  • Engaging in deceptive practices in advertising their business
  • Renewing a loan more than 3 consecutive times
  • Accepting any property as collateral aside from a post dated check
  • Imposing extra fee other than the agreed-upon finance charge

Who Regulates The Payday Companies?

The Idaho Department of Finance examines and regulates payday lending in the state. Borrowers are urged to fully educate themselves about their rights under the newly amended law.

It is always advisable to compare payday lenders as loan fees do vary and sometimes these are negotiable.

Author Financer.com

Insightful articles, Industry news, Independent price comparisons

Share on

We use cookies to give you the most relevant experience. By using our site, you accept all cookies and our privacy policy. To find out more about what cookies we use you can go to privacy overview