Payday Loans in Delaware
Delaware permits licensed short-term consumer loans of $1,000 or less with repayment periods under 60 days. The state limits rollovers and annual loan frequency, provides a next-business-day rescission right, and requires a workout option for qualifying borrowers.
Delaware legal category: Short-Term Consumer Loan · Delaware Code Title 5, Chapter 22, Subchapter III, including §2235A
Delaware payday loans at a glance
- Legal status
- Permitted Regulated
- Legal category
- Short-Term Consumer Loan
- Maximum amount in this regime
- $1,000
- Term
- The statutory short-term category requires a repayment period of less than 60 days. This page preserves the statutory unit instead of converting it into an artificial day maximum.
- Regulator
- Delaware Office of the State Bank Commissioner
- Verified
- 2026-09-07
Choose a loan type by amount
PLS Cash Advance currently presents request amounts from $200 to $5,000. The ranges below are navigation guidance between our state loan guides — not statutory limits, eligibility rules, or a promise of approval.
Payday Loans in Delaware
Editorial short-term route within Delaware’s $1,000 statutory short-term loan ceiling.
Installment Loans in Delaware
Editorial installment route above the short-term consumer-loan category. The $5,000 endpoint is the current site selector boundary.
Amount and term limits
A Delaware short-term consumer loan is a loan of $1,000 or less with a repayment period of less than 60 days and not secured by a motor vehicle title.
The statutory short-term category requires a repayment period of less than 60 days. This page preserves the statutory unit instead of converting it into an artificial day maximum.
Interest, fees and repayment
There is no single statewide statutory percentage that can honestly power a universal Delaware payday calculator under this licensed-lender framework.
Chapter 22 requires disclosure and posting of fees/rates but does not provide one fixed short-term APR ceiling in §2229; the rate is stated in the agreement, subject to the chapter and other applicable law.
The loan is due within the contractual short-term period. A qualifying borrower may enter the statutory workout agreement, which uses equal installments over at least 90 days without additional fee or interest because of the conversion.
Rollovers, refinancing and early payment
- Rollover allowed?
- Yes
Delaware limits a borrower to no more than four rollovers of an existing short-term consumer loan and no more than five short-term consumer loans from all licensees in a 12-month period; a rollover/refinance counts toward the borrower-level limit. - Prepayment penalty allowed?
- No
An individual borrower may prepay a non-mortgage closed-end loan in full at any time without a prepayment charge.
Delaware borrower protections
- A short-term consumer loan is limited to $1,000 or less and a repayment period under 60 days.
- The borrower may rescind by returning the full amount borrowed by the close of the next business day without a fee.
- A borrower may not receive more than five short-term consumer loans from all licensees in a 12-month period.
- An existing short-term loan may be rolled over no more than four times.
- The statutory workout agreement uses equal installments over at least 90 days without extra fee or interest attributable to the conversion.
Delaware loan cost calculator
How to verify a lender in Delaware
Regulator: Delaware Office of the State Bank Commissioner.
Licensed Lender under Title 5, Chapter 22
Official sources
- Delaware Code Title 5, Chapter 22, Subchapter III — Licensed Lenders · primary
- Delaware Office of the State Bank Commissioner — Licensing Help · primary
Last regulatory verification: 2026-09-07. Laws can change; verify current terms and lender status before borrowing. Read our research methodology.