Payday Loans in Delaware

At a Glance
  • Nickname: Diamond State
  • Population: Population 967,171
  • Capital: Dover
  • Website:

Delaware may be best known for being the country’s second smallest state, but it also has a strong history (it was the first state to ratify the U.S. constitution, back in 1787) and glorious beaches (along the Atlantic Ocean, Delaware River, and Delaware Bay).

By some measures, the state boasts a fairly strong economy. For example, the average household income is $64,805, which is nearly $3,000 more than the national average. On the other hand, the typical Delaware resident carries just over $6,000 in credit card debt, and 13.6% of people living in Delaware are at or below poverty level (which is a bit higher than the national average of 11.8%).

Average Credit Card Debt and Median Household Income in Delaware vs. the U.S.
Average Credit Card Debt (Q1 2019)
Median Household Income (2018)

Payday Loans in Delaware

Payday loans in Delaware are regulated under the Small Loan Act or Licensing Law, but the statute sets no limits on APRs that lenders can charge. The average APR on a payday loan in Delaware is 521%.

Consumer Protection in Delaware

How to Report a Lender in Delaware

Report any violation of state payday loans legislation to the Office of State Bank Commissioner (OSBC) by calling (302) 577-6722 (from New Castle County) or (302) 739-4235, or by sending a complaint to 555 East Loockerman Street, Dover, DE 19901. You can also e-mail the Office of the State Bank Commissioner at

Aside from the Delaware Office of the State Bank Commissioner, you can reach out to the National Community Reinvestment Coalition (NCRC) for further guidance.

Guides to Loans in Delaware Cities