(final updated 11/13/2019)
pay day loans and payday loans are legal in Iowa. The Iowa Division of Banking Finance Bureau is regulating payday advances and payday loans since 2006. At the time of 01/12/2015 there have been 35 certified lenders and 193 locations that are licensed Iowa.
The maximum pay day loan allowed in Iowa is $500. The payday that is maximum as a portion of earnings isn’t specified. The amount of loans which can be available in the past is 2.