$2,500 loans with bad credit

Loan types the law allows at $2,500

Counts of states, from our state law dataset. A state can allow a loan type and still cap how much you can borrow.

States that cap installment and personal loans below $2,500

• Alabama $1,499.99
• Hawaii $1,500
• Oklahoma $1,500

States that cap payday loans below $2,500

• Alaska $500
• Alabama $500
• California $300
• Delaware $1,000
• Florida $500
• Iowa $500
• Idaho $1,000
• Indiana $605
• Kansas $500
• Kentucky $500
• Louisiana $740
• Michigan $600
• Minnesota $350
• Missouri $500
• Mississippi $500
• North Dakota $600
• Nebraska $500
• New Hampshire $500
• Ohio $1,000
• Rhode Island $500
• South Carolina $550
• South Dakota $500
• Tennessee $500
• Washington $700
• Wisconsin $1,500

Where the rate cap depends on the loan size

In these states the law sets a different rate cap by loan size. This is the cap the statute sets for $2,500, not a quote.

What published data says about $2,500

• The FDIC's template for affordable small-dollar loans from banks, drawn from a pilot that ended in 2009, covers loans of $2,500 or less.
• In a 2016 CFPB study, payday installment loans made online had a median of $2,400.
• In the Federal Reserve's 2025 Survey of Consumer Finances, families with installment loans other than student or vehicle loans, such as personal loans, owed a median of $2,000 on them.
• In the Federal Reserve's 2025 household survey, unexpected legal expenses, taxes or fines had a median cost of $2,000 to $4,999.

Ways to borrow $2,500

$2,500 is more than a credit union PAL can be ($2,000), but it is within the FDIC's template for small bank loans, which covers $2,500 or less. In 25 of the 35 states that allow payday loans, the law caps them below $2,500, though the CFPB's median online payday installment loan was $2,400. Installment loans are allowed in 51 states, and 3 of them cap them below this amount. $2,500 is a little above the median that families owed on installment loans other than student and car loans in the Federal Reserve's survey, $2,000. Nonprofit credit counseling can help weigh a loan this size against a budget or a payment plan.