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Enter your loan below to see the real annual rate (APR) you are paying — the number the lender rarely puts up front — and how it compares to the legal limit in your state, with the statute cited.
Your loan
Effective annual rate (APR)
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The APR is exact arithmetic. The state comparison is a guide: whether a specific loan is legal turns on the loan type, where it was made, who made it (a bank-chartered or tribal lender can change the answer), and other facts. If the number looks far over your state’s cap, that is a strong reason to check — not a final ruling.
Do not stop paying a loan based on this page alone. Confirm with your state’s rules and a free legal aid office first.
The APR uses the standard formula the Truth in Lending Act uses: (fees ÷ amount) × (365 ÷ days) × 100. A $45 fee on a $300 loan for 14 days is about 391% APR — a typical storefront payday rate. The state caps are each traced to that state’s statute or regulator, shown with your result and on the state pages. Figures you enter stay in your browser; we collect nothing.
A loan made above your state’s cap may be void or uncollectible — but that is a legal conclusion for a lawyer, not a calculator. Bring the numbers to a free legal aid office. And if the lender is taking money from your account, you can stop the withdrawals regardless of the loan’s legality.