Montana Financial Snapshot

- Nickname: Big Sky Country
- Population: 1.06 million
- Capital: Helena
- Website: mt.gov
About 13% of the population of Montana lives in poverty and, on average, residents of the state bring in annual incomes of about $6,600 less than the national average.
Payday Loans in Montana
Payday loans are technically legal in Montana, but lenders in the state can only charge an annual percentage rate (APR) of up to 36%.
According to a 2016 report in the Journal of Economics and Business, Montana had no known payday lenders based on information from regulators at the time of the study.
Consumer Protection in Montana
How to Report a Lender in Montana
Complaints about lenders can be made to the state’s Division of Banking and Financial Institutions.
Borrowers can contact the Montana Division of Banking and Financial Institutions by writing, calling, or submitting a complaint to:
Address: PO Box 200546; Helena, MT 59620
Phone: 406-841-2920
E-mail: banking@mt.gov