According to CFPB, a median cash advance loan or payday loan is about $350 for the term of two-week. But the number of payday loans depends on state laws and differs from state to state. Usually, payday loans or cash advances can vary from a minimum of $50 to a maximum of $1,000. Also, the lender always has the right to determine how much money they should allot to the applicant as a payday loan or cash advance according to their monthly income.