North Dakota is a state of the United States of America where payday lending is legal. A borrower can request up to $500 in payday loan funds. North Dakota has a longer loan term in comparison to other states which is 60 days. Lenders can charge up to $20 for every $100 loaned .One extension or rollover is possible for a borrower.

North Dakota Payday Loans laws help protect the residents from abusive lending practices. Payday lending is the practice of providing short-term, often high-interest loans, typically secured by a check or authorization for automatic withdrawal from the borrower’s bank account. North Dakota law does not specify the maximum number of outstanding loans which a borrower can have. Lender cannot start with the criminal proceeding against the borrower who cannot payback the loan. The law requires that the contract must specify the borrower's name, the date of the transaction, the loan amount, the APR (annual percentage rate) that the lender is charging, APR and the amount.