Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Houma, Louisiana
Louisiana payday loan rules that apply in Houma
- Max loan amount
- $350
- Min loan term
- N/A
- Max loan term
- 30 days
- Finance charge cap
- 16.75% of face value + $10 doc fee
- Max absolute fee
- $68.62
- Typical APR
- ~780%
- Rollovers (extensions)
- Prohibited
- Simultaneous loans
- N/A
- Right to rescind
- Next business day
- Governing law
- LA Deferred Presentment and Small Loan Act
- Regulator
- LA Office of Fin. Inst.
Houma at a glance
| Metric | Houma | Louisiana | United States |
|---|---|---|---|
| Population | 82,468 | 4.6M | 332.3M |
| Median household income | $66,407 | $62,722 | $85,275 |
| Median rent | $1,047/mo | $1,041/mo | $1,432/mo |
| Income spent on rent | 30.8% | 35.9% | 31.6% |
| Homeownership | 71.5% | 67.8% | 65.4% |
| Poverty rate | 17.4% | 19.0% | 12.6% |
| Unemployment rate | 4.8% | 6.4% | 5.3% |
| Without health insurance | 7.3% | 8.1% | 8.6% |
| Veterans | 5.8% | 6.2% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Houma
Move the sliders to see what a payday loan would cost under Louisiana rules and how it compares with local incomes.
Louisiana maximum: $350
Louisiana maximum: $19.61
Rollovers are not allowed in Louisiana.
- Fee
- $68.64
- Total to repay
- $418.63
- APR
- 511%
- Share of a two-week household paycheck in Houma
- 2.7%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Houma
- Fee on a $350 loan
- $68.62
- Share of a two-week household paycheck
- 2.7%
- Hours of work at the local median wage
- 4.3 hours
- Rollovers
- Not allowed in Louisiana
Example based on the Louisiana maximum fee for the maximum loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Houma in context
- Population rank in Louisiana
- 10th
- of 19 Louisiana cities with 50,000+ residents
- Median household income rank
- 7th
- of 19 Louisiana cities with 50,000+ residents
- Households earning under $25,000
- 19.1%
- ▼ 3.5 pts vs LA
- Median home value
- $210,462
- ▼ 2% vs LA
- Home value to income
- 3.2×
- A $400 emergency expense
- 2.2 days
- of median household income
Payday loan stores in Houma, LA
Licensed storefront lenders in Houma with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the LA Office of Fin. Inst. before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| Sunbelt Credit 6118 W Park Ave Houma, LA 70364 | (985) 857-3596 | — | 4.9 |
| 814 Grand Caillou Rd Suite 5a Houma, LA 70363 | (985) 873-8070 | — | 4.8 |
| 209 Bayou Gardens Blvd Ste I Houma, LA 70364 | (985) 223-0111 | — | 4.9 |
| 1058 Grand Caillou Road Houma, LA 70363 | (985) 876-6628 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 1:00 PM Sun closed |
— |
| 1826 Martin Luther King Blvd Ste b Houma, LA 70360 | (985) 262-2090 | — | 4.9 |
| 5801 W Park Ave #104 Houma, LA 70364 | (985) 876-7986 | — | 4.4 |
Fast & secure payday loans in Houma, Louisiana
Unexpected expenses can happen anytime. If you need urgent cash in Houma, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Houma residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Borrow up to $350 Loan terms must comply with the LA Deferred Presentment and Small Loan Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Houma residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Louisiana law (LA Deferred Presentment and Small Loan Act). Always review the contract terms carefully before signing.
Houma payday loan FAQ
How much cash can I borrow in Houma?
Loan amounts in Houma are typically from $100 up to $350, in line with Louisiana lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Houma to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Houma with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Houma?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Houma residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Houma or the surrounding Louisiana area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).