Obtaining a payday loan in California is secure, fast and easy using the real cash advance method. Our intention is to help people find the lender that they need. After a lender has approved you, you can have your funds deposited right into your account in no time at all. This website is a cash advance loan matching service; we assist residents of California in getting the right lender to fit your needs.
You will only be matched with legitimate payday loan companies that are allowed to do business within California.
Residents of the state of California are no different from the rest of the country when it comes to handling their finances. Most of them are very successful at keeping it between the lines. Some have managed to cross the line through no fault of their own. As a resident of California, there are a few crucial things you should know if you turn to payday advances to help you with your finances and financial problems.
California Loan Information
What Can Be Charged? When you sign the papers for your payday loan, it should contain information about the terms, applicable charges (rates) and the amount of the loan. Information about limits such as a 17.65% ceiling and no more than 15% of the loan per week should be precisely spelled out.
Borrowers should be aware that a loan for $100.00, which is held over for two weeks, could cost them as much as $17.65. It should also note that administration fees for a check returned for insufficient funds must not exceed $15.00 per occurrence.
Under California law, the maximum loan amount a consumer can borrow in a payday loan is $300.
How Long A cash advance is intended to be a quick fix to a minor financial problem. Meaning that it should be paid in full as soon as possible. There are no restrictions on the least amount of days that a loan can be used. According to the state of California, all payday loans must be closed no later than 31 days after its inception. A loan may not be extended, rolled over, or any other term that allows it to be outstanding past 31 days. It should note that repayment plans are acceptable but strictly voluntary, and additional fees may not be applied.
Failure To Pay There are some restrictions as to applicable methods to be employed if a loan reaches collection. It is illegal for a lender to threaten harm to the borrower legal or otherwise for their failure to fulfill their financial obligation. Charges on the loan must cease once the loan has run its course. Other than, a $15.00 allowable fee for NSF on a payment, no other charges may be tacked on to the loan. How Much You Can Borrow Unlike some of their neighboring states, California has determined that $500.00 is too much money. The maximum amount legally allowed on any payday loan in the state of California is $300.00. The borrower can only have one loan on the books at a time and must satisfy it before another can be issued. There is zero allowance for rolling over the loan, which simply means that nothing happens unless the loan has been satisfied. It is not allowed to secure a second payday loan to cover the first.
Cash advance lenders are available for residents of Anaheim, Apple Valley, Bakersfield, Berkeley, Carlsbad, Chula Vista, Clovis, Concord, Corona, Costa Mesa, Daly City, Davis, El Cajon, Encinitas, Escondido, Fairfield, Fontana, Fremont, Fresno, Glendale, Hayward, Hemet, Hesperia, Huntington Beach, Irvine, Laguna Niguel, Lancaster, Lodi, Long Beach, Los Angeles, Merced, Milpitas, Modesto, Moreno Valley, Napa, Oakland, Oceanside, Oxnard, Palmdale, Pasadena, Petaluma, Redding, Riverside, Roseville, Salinas, San Bernardino, San Buenaventura, San Diego, San Francisco, San Jose, San Mateo, San Rafael, Santa Ana, Santa Barbara, Santa Clara, Santa Clarita, Santa Cruz, Santa Maria, Santa Rosa, Santee, Simi Valley, Stockton, Sunnyvale, Thousand Oaks, Torrance, Turlock, Vacaville, Vallejo, Victorville, Visalia and Vista.
Disclaimer: Short duration loans such as payday advance loans, provide a borrower financial relief - temporarily. This type of lending is not a long-term monetary solution. If you are encountering severe financial difficulties, you should find other alternatives or seek professional financial guidance.
RealCashAdvances.com (RCA) is not a lending provider and does not make loans or any credit decisions. This website is not a lending proposal. This site connects interested individuals with a direct lender from its interface of approved moneylenders. This website is not liable for the actions or inactions of any lending provider. We are not a representative, agent, or broker of any lending company and does not endorse any payday lender. This website receives compensation from lenders; often based on a ping-tree model where bidders connect to the consumer. Notwithstanding, this website’s assistance is always available at no cost to you.
Payday loans and cash advance lending is not accessible in all states. When you enquire about borrowing in an area where loans are not allowed by law, you will not be united to a lending provider. In some instances, you could have the opportunity to obtain your loan from a tribal lender. These lenders are controlled by tribal laws and special federal regulations while being exempt from local state laws that include usury caps. If you are linked to one of these lenders, please read and comprehend all of the fees and rates. These charges may be much higher than state-licensed loan providers. A tribal lender may also require you to accept terms stating any disputes and conflicts resolved within tribal jurisdiction. You are encouraged to learn and read all of the conditions and terms of any lending providers. You can reject any proposal you cannot afford, manage to repay or has terms not acceptable to you.