State reference · GA
Georgia lending rules
Georgia has 536 Census places covered on Paydayloaning, with a combined estimated population of 4,572,027. Payday and small-loan terms in Georgia are set by licensed lenders under state law; the sourced rules below apply to every borrower in the state.
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The verdict
Prohibited (payday lending illegal in Georgia)
Source: Georgia Department of Banking and Finance · as of 2026-09-16
- Licensing
- Installment lender license required for loans of $3,000 or less
- Georgia Department of Banking and Finance
Rules are quoted from the cited sources. How payday lending is regulated.
Key rules for borrowers in Georgia
Quoted from the statute, regulator or agency named in each row.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Georgia's rate ceilings are set by O.C.G.A. Title 7, Chapter 4 (O.C.G.A. §§ 7-4-1 to 7-4-21); the Department of Banking and Finance does not publish the figure and the official code host could not be fetched, so no figure is asserted. |
Georgia Department of Banking and Finance as of 2026-09-16 |
| Payday lending status | Prohibited (payday lending illegal in Georgia) Source says: "Payday lending is illegal in Georgia." |
Georgia Department of Banking and Finance as of 2026-09-16 |
| Small-loan / installment lender licensing | Installment lender license required for loans of $3,000 or less Source says: "any entity making loans of $3,000.00 or less to individuals must be licensed with the Department as an installment lender". |
Georgia Department of Banking and Finance as of 2026-09-16 |
| State lending regulator | Georgia Department of Banking and Finance (DBF) Source says: "The Non-depository division supervises mortgage lenders, mortgage brokers, and mortgage loan originators, as well as installment lenders, check cashers, and money transmitters". |
Georgia Department of Banking and Finance as of 2026-09-16 |
| Installment Loan Act rate cap | 10% per annum of the face amount of the contract (licensed installment loans) Source says: "may charge interest at a rate not to exceed 10 percent per annum of the face amount of the contract". |
Georgia Department of Banking and Finance as of 2026-09-16 |
Cities in Georgia
All Georgia citiesWe cover 536 Census places in Georgia.
Advertising disclosure: Paydayloaning may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.