# The Break Between Loans: Which States Make Lenders Pause | fenixloans.com

> Urban payday lending guides across major U.S. metro areas — local rates, state-licensed storefronts, nearby credit unions and borrowing alternatives.

Источник: https://fenixloans.com/research/cooling-off-protection/

---
# The Break Between Loans: Which States Make Lenders Pause

A cooling-off period is the only rule that stops one loan from becoming a chain. Most states do not have one.

- **24** — states where lending is allowed
- **6** — states with a cooling-off period
- **18** — states with no break at all
- **7** — longest cooling-off, days
- **6** — states that also allow rollovers

## The numbers

States where single-payment payday lending is allowed, ranked by the length of the required break.

| State | Code | Cooling-off, days | Rollovers allowed | Max loan, $ | Max term, days
| Indiana | IN | 7 | no | 605 | 14
| Wisconsin | WI | 1 | no | 1500 | 90
| Alabama | AL | 1 | no | 500 | 31
| South Carolina | SC | 1 | no | 550 | 31
| Florida | FL | 1 | no | 500 | 31
| Rhode Island | RI | 1 | no | 500 | 13
| Nevada | NV | 0 | yes | no cap | 35
| Idaho | ID | 0 | yes | 1000 | n/a
| Utah | UT | 0 | yes | no cap | 70
| Texas | TX | 0 | yes | no cap | 180
| Missouri | MO | 0 | yes | 500 | 31
| Wyoming | WY | 0 | no | no cap | 30
| Mississippi | MS | 0 | no | 500 | 30
| North Dakota | ND | 0 | no | 500 | 60
| Delaware | DE | 0 | yes | 1000 | 60
| Louisiana | LA | 0 | no | 350 | 60
| California | CA | 0 | no | 300 | 31
| Kentucky | KY | 0 | no | 500 | 60
| Tennessee | TN | 0 | no | 500 | 31
| Alaska | AK | 0 | no | 500 | 14

## How we counted

- A cooling-off period is the number of days a borrower must wait before taking the next loan.
- Only states where single-payment payday lending is allowed are listed.

Data updated 2026-07-31. Full dataset: [data.csv](data.csv).

## Use this research

Free to cite, quote and chart — with attribution. Journalists and researchers are welcome to reuse the table and the dataset.

**Citation:** Fenixloans, “The Break Between Loans: Which States Make Lenders Pause”, 2026. Available at [https://fenixloans.com/research/cooling-off-protection/](https://fenixloans.com/research/cooling-off-protection/)

[Download the PDF report](report.pdf) [Download the data (CSV)](data.csv)