Cash advance app rules in Indiana

Fees

• Delivery or expedited-delivery fees may not exceed the limit in IC 28-8-5-17(a)(2) (IC 28-8-6-803). That check-cashing limit is "the greater of five dollars ($5) or five percent (5%)" of the amount.
• Whenever it offers proceeds for a fee or asks for a tip, the provider must offer at least one reasonable no-cost option. That option must be shown in the same color, font, font size and general location as fee options, and a fee option may not be the default (IC 28-8-6-801(2)).
• If the consumer chooses a no-cost option, the provider must start delivering the money within one business day (IC 28-8-6-801(2)(F)).
• Before an agreement, the provider must fully and clearly disclose all fees (IC 28-8-6-801(3)).

Tips

• Immediately before each transaction, the provider must disclose that a tip is voluntary and may be $0 (IC 28-8-6-801(7)).
• The contract must say that the amount and frequency of advances, and the level or cost of service, do not depend on tips (IC 28-8-6-801(7)).
• A fee may not be raised because the consumer declined to tip (IC 28-8-6-801(2)(E)).
• The provider may not suggest a default tip above $0, mislead consumers about tips, or say tips benefit specific individuals (IC 28-8-6-802(6)).
• The provider may not share fees or tips with the employer (IC 28-8-6-802(1)).

Other rules

• No use of a credit score to decide eligibility, advance amount or frequency; no credit card payments (IC 28-8-6-802(2), (3)).
• No late fees, deferral fees, interest or penalties for non-payment (IC 28-8-6-802(4)).
• No unsolicited outbound calls, lawsuits, third-party collection or debt sales to collect, except for fraud (IC 28-8-6-802(5)).
• The provider must reimburse overdraft or NSF fees caused by early or wrong-amount debits (IC 28-8-6-801(9)).
• EWA provided in compliance with the chapter is not a loan, credit, debt or money transmission, and fees and tips are not interest or finance charges (IC 28-8-6-1002).
• Enacted by HB 1125 (P.L.222-2025), signed May 6, 2025. DFI gave applicants until April 30, 2026 to confirm a complete application.

Who is licensed or registered

The state publishes an official list. On 2026-10-18, it included these apps we cover:

• Brigit: listed as “Bridge IT, Inc.”
• Chime SpotMe and MyPay: listed as “Chime Capital, LLC”
• Cleo: listed as “Cleo AI Inc.”
• DailyPay: listed as “DailyPay, LLC”
• FloatMe: listed as “FloatMe Corp.”
• MoneyLion: listed as “ML Plus LLC”
• Payactiv: listed as “Payactiv, Inc.”
• Tilt (formerly Empower): listed as “Tilt Finance, Inc.”

Lists change. Check the regulator’s current list before you rely on it.

What we could not confirm

• Issue date of the DFI licensing guidance PDF (it is undated).
• Surety bond amount (IC 28-8-6-505) and license fee were not recorded.