Read this before using the state product page
Indiana uses a state-specific small-loan framework with a current indexed maximum and tiered finance charges. The current effective figures are checked before they are displayed.
STATE PRODUCT DISCLOSURE
Indiana Product Disclosures
MVP Cash Advance publishes only the state/product role supported by current operating and legal records. The agreement presented for a specific transaction identifies the responsible legal provider, amount, charges, payment dates and rights. This disclosure does not create an approval or replace the agreement.
Legal product modelSmall loan / payday lending under Indiana UCCC
Availability at MVPThe Indiana small-loan product appears only when the current license/product configuration supports it and the indexed dollar amount is current.
RegulatorIndiana Department of Financial Institutions (DFI)
Legal product model
Small loan / payday lending under Indiana UCCC
Availability at MVP
The Indiana small-loan product appears only when the current license/product configuration supports it and the indexed dollar amount is current.
Regulator
Indiana Department of Financial Institutions (DFI)
Last legal review
August 22, 2026 • Natalie Randrup
State limits and product facts
| Topic | Current disclosure |
|---|---|
| Current maximum | The Indiana DFI small-loan pamphlet effective January 1, 2025 states an $825 aggregate principal/amount-financed ceiling; DFI indexing must be checked before publication. |
| Income cap | A small loan may not exceed 20% of the borrower’s monthly gross income. |
| Minimum term | At least 14 days. |
| Finance charge | 15% on the first $250; 13% on the portion above $250 through $400; 10% on the portion above $400 through the current maximum. |
| Open loans | A borrower cannot have two or more small loans outstanding, regardless of aggregate value, and may not have more than one with the same lender. |
| Cancellation | The borrower may cancel by the end of the next business day the lender is open after receiving proceeds by returning the amount advanced. |
More details, examples & FAQs
What this means before you continue
Before you continue
The state checker compares both limits—the current indexed maximum and 20% of gross monthly income. The selectable amount is the lower result, and the tiered fee is calculated piece by piece.
Repayment and consumer protections
- Indiana requires a written agreement and a duplicate original for the borrower.
- The small-loan notice states the product is not intended for long-term financial needs.
- Finance charges must be tiered correctly; do not apply one percentage to the entire principal.
- DFI provides an extended-payment-plan process for qualifying consecutive-loan situations; the applicable current rule is explained when relevant.
MVP role and agreement boundary
MVP Cash Advance publishes only the state/product role supported by current operating and legal records. The agreement presented for a specific transaction identifies the responsible legal provider, amount, charges, payment dates and rights. This disclosure does not create an approval or replace the agreement.
Verify a license or file a complaint
Indiana Department of Financial Institutions (DFI): View source →
Important limitations
- This disclosure explains state-level rules and does not replace the written agreement for a specific transaction.
- Product availability, rates, fees, amounts and funding timing depend on the current product, state rules and completed review.
- MVP publishes licensing or registration identifiers only when they are current and verified.
- No approval, amount, rate or funding time is guaranteed.
View Indiana Product Options
Return to /locations/indiana/ for the commercial product experience and calculator.
Sources and review record
Indiana Small Loan Law pamphlet — effective Jan. 1, 2025: View source →
Indiana DFI — Policies and Guidance / current dollar adjustments: View source →
Indiana DFI — Consumer Credit Licensing: View source →
Last reviewed: August 22, 2026. Reviewed by Natalie Randrup — Lending Compliance & Documentation Reviewer. Re-check when law, product, privacy, messaging or location operations materially change.
Customer reviews
4.6/5
879 reviews
I had an unexpected expense come up and this was simple to work through. This helped me cover a medical bill without having to move three other bills around.
AL
Adrian LeePersonal Loans
Mostly smooth from start to finish, with one small issue. I chose the option with multiple payments because one big payment would have been rough. It solved the immediate problem, but I wouldn’t call any loan cheap.
CG
Christopher GarciaBad Credit Loans
I had an unexpected expense come up and this was simple to work through. I liked knowing the payment amount ahead of time instead of guessing. I appreciated that I could stop and review things before moving on.
JG
Jessica GriffinEmergency Loans
Needed a little breathing room and the online process was pretty smooth. The application itself was simple and didn’t take forever. For an online process, it felt pretty human and not like I was just clicking into a black box.
RR
Robert RogersLine of Credit
I used the site from my phone and didn’t run into much trouble. Being able to make an earlier payment makes me feel better about the total cost.
MC
Michael CarterDebt Consolidation
Read the terms, not only reviews
- Check total cost and payment dates
- Confirm state availability
- Review approval and funding conditions
- Compare alternatives before borrowing
Review the cost, terms and fit before you decide
Keep your amount, state and repayment preference in view as you continue through MVP Cash Advance.