Best Payday Loan Lenders in California

Did you know that California is the only state which protects your personal information? That’s right, companies aren’t allowed to sell private data without your consent. With that in mind, we included only the best and law-abiding brands that offer California payday loans. Choosing a lender from our list ensures a smooth transaction of funds and the security of your sensitive information—clearly a win-win kind of deal.

Best Payday Loans Providers in California

Speedy Cash Logo

Speedy Cash

Reset. Refocus. Restart.

Speedy Cash (or Rapid Cash in Nevada, Oregon, and Washington) is another reputable payday loans provider. They opened their first store in California back in 1997, and have been expanding ever since. Today, the company operates around 200 stores in 14 states. Speedy Cash is a member of the Online Lenders Alliance, ensuring fair treatment and adherence to a code of conduct.

Available in: AL, AK, CA, HI, LA, NV, ND, OR, TX, WA, WI, WY

Loan amount: $100-$500 (some states might have a lower cap)

Loan term: 14-30 days

APR: Depends on the loan term (214-460%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Advance America

Advance America

Money today, momentum tomorrow.

One of the industry pioneers, Advance America has been in business since 1997. With over 1,400 physical stores across the continent and millions of clients served, Advance America offers some of the top payday loans on the market. They run a full-disclosure, no-nonsense kind of business where the customer always comes first.

Available in: AL, CA, CO, DE, FL, ID, IL, IN, IA, KS, KY, LA, MI, MS, MO, NE, NV, OH, OK, RI, SC, TN, TX, UT, VA, WA, WI, WY

Loan amount: Up to $1,000 (some states have a lower cap)

Loan term: 2-4 weeks

APR: Depends on the loan term (231-495%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Check'n Go Logo

Check ‘n Go

Real solutions for real people

Check ’n go opened its doors to customers in 1994. Their first storefront was in Kentucky, and they’ve since expanded their business to over 20 states. This company offers quick payday loans, with interest rates that fall well within the industry average. With 26 years of experience and 1,000 stores across the US, you can’t go wrong with Check ‘n Go.

Available in: AL, CA, DE, FL, HI, ID, IL, IN, IA, KS, KY, ME, MI, MS, MO, NE, NV, ND, OH, OK, RI, SC, TN, TX, UT, WI, WY

Loan amount: $50-$1,500 (some states might have a lower cap)

Loan term: 10-35 days

APR: Depends on the loan term (214.68-661.80%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

ACE Cash Express Logo

ACE Cash Express

Empowering your financial success since 1968

ACE Cash Express was established in 1968 making them a household name in their niche. This company offers reliable online payday loans as well as in-store loans. Speaking of which, they run over 920 stores in 13 states. School of Ace is an interesting feature on their website that aims to help you manage your finances better.

Available in: CA, FL, ID, IN, KS, LA, MN, MO, OR, SC, TN, TX, VA

Loan amount: $50-$1,500 (some states might have a lower cap)

Loan term: 9-35 days

APR: Depends on the loan term (231-661%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Check into Cash Logo

Check into Cash

Your One Stop Money Shop

A true trailblazer, Check into Cash is among the best payday loans providers out there. The company was established in 1993, and they operate over 800 stores across 20 states. It is a well-established brand with numerous storefronts, which is quite reassuring to many customers. On the downside, they do run credit checks on new customers.

Available in: AL, AK, CA, DE, FL, HI, ID, IN, KS, MS, MO, NV, OK, OR, TN, TX, UT, WA, WI, and WY

Loan amount: $50-$1,000 (some states might have a lower cap)

Loan term: 14-30 days

APR: Depends on the loan term (261-782%)

Min. credit score: 300

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Laws Governing California Payday Loans

While payday lending is legal in The Golden State, California has stricter limits on charges and the amount borrowed than a lot of other states. Let’s go through the state-specific terms.

State Law

Requirements for California Payday Loans

There are some differences in what you need to provide, depending on whether you are visiting a brick-and-mortar store or applying for a payday loan online.

Requirements for In-Store Loans:

Requirements for Online Loans:

Bad Credit Payday Loans in California

Bad credit payday loans are abundant in California, while the laws governing them are among the most progressive in the country. Therefore acquiring a loan with favorable terms shouldn’t be an issue.

Failing to Repay a Payday Loan in California

It would be prudent to always borrow within your means. However, if you ever find yourself between a rock and a hard place, know that criminal charges are prohibited. Payday lenders might file a civil lawsuit, which usually ends up hurting your credit score. The best possible solution is to contact the company, explain your situation and ask for a repayment plan.

Reviews of the Best Payday Loans California Has to Offer

Speedy Cash

They are a renowned brand with 37 storefronts across The Golden State. One of their most significant accomplishments, as they emphasize, is the support they have provided to more than five million clients in difficult times. Speedy Cash has been licensed by the California Department of Business Oversight since 2009.

Pros

Cons

Lending Offer Overview

If you’re searching for the best payday loans in California, then Speedy Cash is the place to be. They have almost 30 years’ worth of experience, and their customers are in capable hands. This is what Speedy Cash offers — a loan term of up to 31 days without the possibility of a rollover. Both the in-store and online loans range from $100 to $255, the major difference is the deposit time. Speedy Cash’s cash advances come with the usual APR of 214% to 460% (depends on the loan term). The fee is fixed at $17.65 per $100 borrowed or $45, whichever is less. As previously mentioned, rollovers are forbidden, however, customers can still extend the loan (if the lender agrees). Borrowers won’t incur additional fees by extending the loan.

Other Features

Speedy Cash has an extensive array of services — including in-store and online payday loans. Each option comes with pros and cons — traveling to a store takes more time, but you get the funds almost instantly. Conversely, online payday loans for California residents take up to 24 business hours to deposit. However, you’ll save the commute. This company offers a  user-friendly mobile app (both for Android and iOS) that assists clients in managing their loans and accounts on the move. Their expert and amiable customer support is available via email or by phone.

Advance America

Advance America, a lending industry giant, is the most widespread brand in the Golden State. Their services include one of the top in-store payday loans California has to offer as well as online cash advances. The California Department of Business Oversight renewed Advance America’s license in 2019.

Pros

Cons

Lending Offer Overview

Advance America is the largest and most widespread brand in the Golden State. The company has been extending loans since 1998, and they have a near-perfect track record. Their offer meets every industry standard and respects all California payday loans laws. The interest rate is nothing out of the ordinary, it goes from 214% to 460%. Customers need to pay a significant fee of $17.65 for each $100 received (maximum $45). They offer online as well as in-store cash advances both of which are capped at $255. The loan duration cannot exceed 31 days, and rollovers are prohibited. While extending a loan is allowed, charging additional fees or finance charges isn’t.

Other Features

Advance America has put a lot of effort into making the application process as effortless and straightforward as possible, which makes for some of the most convenient in-store and online payday loans California has to offer. The state’s residents, therefore, can choose one of the three ways to apply for a loan — in-store, over the phone, or online. In any event, the entire process can be finished in just a few minutes. The top-notch client experience they provide is improved even more by their kind customer support. Advance America is a member of OLA (Online Lenders Alliance), which ensures adherence to best lending practices.

Check ‘n Go

Check ‘n Go is an excellent place to get a short-term cash advance. Their California payday loans are available online exclusively. You can expect near-instant approval times and cash deposits within 24 business hours. They have been licensed by the California Department of Business Oversight since 2015.

Pros

Cons

Lending Offer Overview

Check ‘n Go upholds all the best practices of the lending industry, and their California online payday loans are among the best in business. Strict legislation allows for slight variance, making their offer similar to the competitions. The APR they charge ranges between 214% and 460% based on the loan’s length, while the finance charge remains fixed at $17,65 per $100 received. The loan amount meanwhile goes from $100 to $255 and has to be repaid within 31 days. Rollovers are banned in California, still, customers can extend a loan without being charged additional fees. The face value of a check (with added fees) will be charged directly from your bank account once your loan reaches maturity.

Other Features

This brand is among the top ones that provide payday loans in California with no credit check. Borrowers who apply online can expect their funds to be deposited within 24 business hours. The single drawback is that they don’t run any physical store in the state. You won’t need more than 10 minutes to fill out the application form, which will, in all likelihood, be approved instantly. Their customer support is second-to-none, so don’t hesitate to give them a ring.

ACE Cash Express

Within the context of availability, this brand takes second place in the Golden State. They have an extensive offer that includes online cash advances and payday loans with no credit check in California. ACE has also been licensed by the California Department of Business Oversight since 2004.

Pros

Cons

Lending Offer Overview

ACE Cash Express is at the very top of the industry, and their offer reflects that. The terms and fees follow the standard principles of California legislature. Generally speaking, borrowers in the Golden State will need to repay their loan in 14-31 days, while the APR for a 14-day loan is set at 460%. The loan amount ranges from $100 to $255. Their customers can repay online or choose to do so in-store. If a debtor fails to repay a loan on the due date, they will be subject to a one-time NSF fee of $15. This brand allows early repayment without any additional fees. California payday loans from this direct lender cannot be rolled over. Be that as it may, loan extensions are still allowed, and customers don’t incur additional fees.

Other Features

Customer convenience means a lot to people from ACE, resulting in a quick and straightforward application process. Both in-store and online applications can be filled out in a split second. The significant distinction between these two is the deposit time. In-store applicants gain access to their funds virtually instantly, while the customers that choose to get payday loans in California online need to wait up to 24 business hours. ACE Cash Express provides terrific customer support through email, by phone, or in person.

Check into Cash

Check into Cash is another big name in the Californian market. They operate 118 storefronts across the state, and their offer includes online payday loans. Check into Cash renewed their license with the California Department of Business Oversight in 2019.

Pros

Cons

Lending Offer Overview

Check into Cash belongs among the trailblazers of the industry. California payday loans are strictly regulated, so this brand’s offer won’t deviate much from the competition. Customers need to repay the loan within 31 days. The amount won’t come as a surprise either — online loans range from $100 to $255, whereas in-store options begin at $42.5, going up to $255. These cash advances come with the usual APR (214% to 460%) based on the length. Borrowers need to pay $17.65 for each $100 advanced, while the maximum finance charge is $45. California state law prohibits rollovers. On the other hand, extending a loan is allowed, given that a mutual agreement is reached between the client and the lender.

Other Features

Check into Cash offers both payday loans online to California residents and in-store cash advances available on request. Getting a loan has never been easier—the only thing separating you from your funds is a straightforward application form. The entire thing can be completed in less than 15 minutes. Customers who prefer managing their funds on the move will be happy to hear that Check into Cash offers a smartphone app. It can serve as a valuable tool or an instant means of accessing your account. Their professional customer support, who is always glad to help, is only a phone call away.

 LendUp

LendUp provides exclusively online payday loans for California residents. The absence of storefronts doesn’t diminish the quality of their services. They’re still among the top lenders in the state. Excellent Trustpilot reviews paint a clear picture of this company. The California Department of Business Oversight renewed their license in 2019.

Pros

Cons

Lending Offer Overview

LendUp’s offer is limited to online payday loans in California. The loan duration is set and cannot go past 31 days. Renewing a loan is prohibited by state law. In contrast, extending a loan is possible provided a mutual agreement is reached. The maximum loan amount is slightly below the allowed cap — going from $100 to $250. Customers can pay off their loans in various ways — via debit card, checking account, check, and MoneyGram. This lender doesn’t charge additional fees for early reimbursement. LendUp’s APR respects the state’s standard, going from 214% to 460%. Californians will be expected to pay a finance charge of $17.60 for each $100 advanced. This fee cannot exceed $45.

Other Features

LendUp goes above and beyond to ensure customers’ online safety, which is another reason why they deserve a spot among the top payday loans in California. Their website is protected by state-of-the-art encryption making the entire application process completely secure and confidential. What’s more, borrowers can manage their funds and accounts on a smartphone app. LendUp never ceases to amaze, and their faithful clients like this one for sure — return borrowers gather points by timely repaying their loans and by taking part in free financial education programs. The chief benefits of these points are lower rates and fees. The most devoted and committed clients who reach the Platinum level can expect a credit score increase.

California Payday Loans Statistics

Payday loans are quite popular in the Golden State, which is clearly illustrated in the table below. Despite strict regulations, the number of borrowers has decreased only slightly in the past decade. The statistics were provided by the California Department of Financial Protection and Innovation. You can visit their website if you wish to find out more about these loans.

Year Number of Stores  Number of Borrowers (million) Number of Loans (million) Value of Fees (million) Value of Loans (billion)
2013 2,058 1.8 12.2 N/A $3.2
2014 2,014 1.8 12.4 N/A $3.4
2015 1,969 1.9 12.3 N/A $4.2
2016 1,854 1.8 11.5 $467.2 $3.1
2017 1,705 1.7 10.7 $436.4 $2.9
2018 1,645 1.6 10.2 $420.5 $2.8
2019 1,551 1.6 10.2 $418.4 $2.8

FAQ

How to get rid of payday loans in California?

There are several ways to escape payday loan debt. You can try the following strategies:

Can I have two payday loans at one time in California?

Laws governing the payday loans California has to offer allow consumers to have only one outstanding loan.

Does California regulate payday loans?

Yes, payday loans in the state are regulated by the Department of Business Oversight.

Are payday loans legal in California?

Yes, payday loans have been legal in California since the 1990s.

How many payday loans can you have at one time in California?

California legislation allows having only one payday loan at a time.

Can you go to jail for not paying payday loans in California?

You should remember that criminal charges are prohibited for California payday loans, even though lenders might threaten you with jail time.

Can payday loans garnish your wages in California?

Yes, a payday lender can do that but only with a court order.

Can you be sued for payday loans in California?

Yes, but only civil lawsuits are allowed, as opposed to criminal lawsuits.

What is the maximum APR for payday loans in California?

The highest APR that state-licensed lenders in California charge is 460%.

Who uses payday loans in California?

Almost two million Californians use payday loans every year. The majority are women (60%), Latinos (36%), and African-Americans (18%).

The Bottom Line

California has one of the most prolific lending industries in the country, meaning it also offers some of the best payday loans in the nation. While there is a myriad of companies to choose from, however, not all of them run a clean and legal business. We made sure to filter out the bad seeds and present you with only the cream of the crop. The California payday loans providers on our list are all state-licensed, providing you with the best possible short-term loans.

Remember to always borrow responsibly and never take out more cash than you can reasonably pay back.

Your BalancingEverything Team

References:

SpeedyCash

Advance America

Check’n Go

ACE

Check into Cash

LendUp

CaliforniaLaw

ResponsibleLending

CaliPaydayLoanReport

MagnifyMoney

TheBalance

CaliforniaPrivacyAct