The article argues that payday loan rollovers lead low income individuals into a debt-cycle where they will need to borrow additional funds to pay the fees associated with the debt rollover. Of the states that allow payday lending, 22 states do not allow borrowers to rollover their debt and only three states allow unlimited rollovers. States that allow unlimited rollovers leave the number of rollovers allowed up to the individual businesses.
| State | Payday Lending Legality | Number of Rollovers | Full State Laws |
|---|---|---|---|
| Alabama | Legal | 1 | Read Alabama Rules |
| Alaska | Legal | 2 | Read Alaska Rules |
| Arizona | Prohibited | Prohibited | Read Arizona Rules |
| Arkansas | Prohibited | Prohibited | Read Arkansas Rules |
| California | Legal | 0 | Read California Rules |
| Colorado | Legal | 1 | Read Colorado Rules |
| Connecticut | Prohibited | Prohibited | Read Connecticut Rules |
| Delaware | Legal | 4 | Read Delaware Rules |
| Florida | Legal | 0 | Read Florida Rules |
| Georgia | Prohibited | Prohibited | Read Georgia Rules |
| Hawaii | Legal (Applies to check cashers only) | 0 | Read Hawaii Rules |
| Idaho | Legal | 3 | Read Idaho Rules |
| Illinois | Legal | 0 | Read Illinois Rules |
| Indiana | Legal | 0 | Read Indiana Rules |
| Iowa | Legal | 0 | Read Iowa Rules |
| Kansas | Legal | Not specified | Read Kansas Rules |
| Kentucky | Legal (Applies to check cashers only) | 0 | Read Kentucky Rules |
| Louisiana | Legal | 0 | Read Louisiana Rules |
| Maine | Permitted for supervised lenders only | Prohibited | Read Maine Rules |
| Maryland | Prohibited | Prohibited | Read Maryland Rules |
| Massachusetts | Prohibited | Prohibited | Read Massachusetts Rules |
| Michigan | Legal | 0 | Read Michigan Rules |
| Minnesota | Legal | 0 | Read Minnesota Rules |
| Mississippi | Legal | 0 | Read Mississippi Rules |
| Missouri | Legal | 6 (borrower must reduce principal amount of loan by 5% or more upon each renewal) |
Read Missouri Rules |
| Montana | Legal (at a low cost) | 0 | Read Montana Rules |
| Nebraska | Legal | 0 | Read Nebraska Rules |
| Nevada | Legal | Not Specified (Lenders cannot extend payment period beyond 60 days after expiration of initial loan period) |
Read Nevada Rules |
| New Hampshire | Legal (at a low cost) | 0 | Read New Hampshire Rules |
| New Jersey | Prohibited | Prohibited | Read New Jersey Rules |
| New Mexico | Legal | 0 | Read New Mexico Rules |
| New York | Prohibited | Prohibited | Read New York Rules |
| North Carolina | Prohibited | Prohibited | Read North Carolina Rules |
| North Dakota | Legal | 1 | Read North Dakota Rules |
| Ohio | Legal (at a low cost) | 0 | Read Ohio Rules |
| Oklahoma | Legal | 0 | Read Oklahoma Rules |
| Oregon | Legal | 2 | Read Oregon Rules |
| Pennsylvania | Prohibited | Prohibited | Read Pennsylvania Rules |
| Rhode Island | Legal | 1 | Read Rhode Island Rules |
| South Carolina | Legal | 0 | Read South Carolina Rules |
| South Dakota | Legal | 4 | Read South Dakota Rules |
| Tennessee | Legal | 0 | Read Tennessee Rules |
| Texas | Legal | 0 | Read Texas Rules |
| Utah | Legal (Applies to check cashers only) | Not Specified (cannot extend or renew loan more than 10 weeks from original loan date) |
Read Utah Rules |
| Vermont | Prohibited | Prohibited | Read Vermont Rules |
| Virginia | Legal | 0 | Read Virginia Rules |
| Washington | Legal (Lender must have a small loan endorsement to their check casher license in order to make payday loans) |
0 | Read Washington Rules |
| Washington, DC | Legal | 0 | Read Washington, DC Rules |
| West Virginia | Prohibited | Prohibited | Read West Virginia Rules |
| Wisconsin | Legal | 1 | Read Wisconsin Rules |
| Wyoming | Legal | 0 | Read Wyoming Rules |
Disclaimer: The rollover limits and legal statuses provided in this table are for informational purposes only. State regulations are subject to change. Data is sourced from official state legislative guidelines and the National Conference of State Legislatures (NCSL). For complete details, please select your state above or consult your local regulatory agency.