# Payday Loans in Shreveport, LA: Rates & Alternatives (2026) | PayKedge > Shreveport, LA payday loan options under Louisiana law. 180k residents, $46.0k median income. Local credit unions & alternatives. Источник: https://paykedge.com/city-directory/la/shreveport-la/ --- # Payday Loans in Shreveport, LA **Payday loans are legal in Shreveport, LA under Louisiana law: a typical fee is $18.33 per $100 for 14 days (~478% APR), so borrowing $300 costs about $55.00 in fees.** Below: where Shreveport residents can apply, the licensed-lender rules that apply, and cheaper local alternatives worth comparing first. PayKedge is paid by the lenders we match you with. We rank options by cost, not commission. JC **Reviewed by [Jared Castellano, AFC®](/authors/jared-castellano/)** · Last updated 2026-05-24 **On this page** What's the first thing I should check? Are there local credit unions with better rates? What if I need help with a utility bill? Where can I find free local assistance? A step-by-step guide to finding a short-term loan in Shreveport Frequently Asked Questions If you need a small loan in Shreveport, your first step is to check all your options. Many choices are far cheaper than a standard payday loan. Start with this checklist to guide your search. ### Shreveport at a glance Payday loans are legal for up to **$350** for as long as **60 days**. Median household income is **$46.0k**. Median rent is about **$900** a month. Unemployment is low at about **2.8%**, so most borrowers are working. For the cheapest small loan, credit union Payday Alternative Loans (PALs) have a maximum **28% APR**. ## What's the first thing I should check? Start with your own bank. If you bank with Bank of America, U.S. Bank, Wells Fargo, or Truist, you may qualify for a small-dollar loan. These are for existing customers only. They offer $100–$1,000 at roughly 100–200% APR. That is well below the cost of a storefront payday loan. ## Are there local credit unions with better rates? Yes, and they offer the cheapest small loans in Shreveport. Start with Willis-Knighton Federal Credit Union or Barksdale Federal Credit Union. They offer Payday Alternative Loans (PALs) capped at 28% APR. This is typically 80–90% cheaper than a licensed payday loan in Louisiana. Most require you to be a member for 30 days first. Credit unions typically serve residents within a 25–50 mile radius, so check your ZIP code for eligibility. These credit unions have branches in ZIP codes like **71103**, **71104**, and **71105**, which are areas with high demand for short-term credit. ## What if I need help with a utility bill? Apply for LIHEAP, a federal-state grant for heating and cooling costs. This is a $0 cost option for Shreveport residents facing a shut-off. Eligibility is based on income, typically near 150% of the poverty level. Louisiana processes most claims within a month. This can free up cash for other essential expenses. ## Where can I find free local assistance? Dial 211 from any Shreveport phone. This connects you to United Way, which can refer you to local hardship funds from groups like Catholic Charities and the Salvation Army. These nonprofits provide help without any cost to you. This is a critical resource before considering any loan. ## A step-by-step guide to finding a short-term loan in Shreveport 1. **Check your bank first.** See if you qualify for their small-dollar loan program. 2. **Contact local credit unions.** Inquire about Payday Alternative Loans (PALs). 3. **Dial 211.** Explore nonprofit and grant options for bill assistance. 4. **Compare final offers carefully.** Understand the total cost and repayment terms before you [apply](/apply/). ## Frequently Asked Questions How much can I borrow with a payday loan in Shreveport? Under Louisiana law, the maximum amount is $350 per loan. The maximum term is 60 days. It is legal, but a credit-union PAL at 28% APR is almost always a cheaper choice. Learn more about the [rules in Louisiana](/by-region/louisiana/). What if I can't repay my Shreveport payday loan? Contact the lender immediately to discuss options. You can also call the 211 helpline for advice on dealing with debt. It's important to address it quickly to avoid extra fees and potential issues with your bank account. Are there options besides payday loans? Yes. Beyond credit unions and nonprofit help, some employers offer advances. Also, explore [15 alternatives to payday loans](/beyond-payday/) ranked by cost. It's wise to review all [payday loan](/payday-loans/) details and alternatives before deciding. Is there a law that protects military members? Yes. If you are a covered borrower under the federal Military Lending Act, federal law caps the APR on most consumer credit at 36%. This is much lower than standard payday loan rates. #### See your Shreveport options Match with Louisiana-licensed lenders only. Compare cost against lower-rate alternatives on the same page. [See my options](/apply/) 🔒 256-bit encrypted · LA-compliant --- #### Credit unions near Shreveport - Willis-Knighton Federal Credit Union - Barksdale Federal Credit Union Find every credit union serving Shreveport on the [NCUA official locator ↗](https://mapping.ncua.gov/). --- #### Local nonprofits - United Way of Shreveport - Catholic Charities (Louisiana region) - Louisiana Budget Project - Together Louisiana --- #### Other Louisiana cities - [Baton Rouge, LA](/city-directory/la/baton-rouge-la/) - [Lafayette, LA](/city-directory/la/lafayette-la/) - [New Orleans, LA](/city-directory/la/new-orleans-la/)