Payday Loans California

If you are looking for a payday loan in California, then you should look no further than OakParkFinancial. We are dedicated to providing you with payday loans that will help you to take care of any financial emergencies that you may be facing.

Payday loans can come in handy whenever you are short on cash in between paychecks and you need the money right away.

You can take advantage of our easy and fast application process, and once the loan is approved, you will get your money as soon as the next business day.

We are a state-licensed lender in California, and you can rest assured that your loan will be funded directly by us.

There are different ways to apply for a payday loan from us. You may apply it directly from our website and fill in the required information, then submit it for approval.

You can also contact our customer service team who will be ready to guide you through the application process, or you may visit your nearest store and directly apply for the payday loan.

All these application methods will be treated urgently, and you will be able to receive your loan within a few minutes if approved.

In case you have any concerns or questions that you need to be addressed, you can contact our customer care, and they will give you all the information you need.

What is The Loan Limit For Payday Loans in California?

We offer payday loans up to $255. However, it is important to note that the amount to be approved may be less depending on the details provided during the application process. Once you have submitted your application, we will let you know the maximum amount we can lend you.

What is The Cost of a Payday Loan in California?

OakParkFinancial charges 17.64% of the payday loan amount you borrow. This means that if you borrow the amount of $255, you will be expected to repay the principal amount of $255 and an additional finance charge of $44.98.

Therefore, the total amount to repay will be $299.98. This amount is also normally broken down in the loan agreement. From these figures, you will note that payday loans tend to be expensive in nature compared to traditional bank loans.

It is, therefore, highly discouraged to use a payday loan to take care of your long term financial needs such as a mortgage. Ensure that you use your payday loan responsibly, and only for emergencies like hospital bills and car repairs.

Terms of a Payday Loan in California

You will be required to repay your payday loan by the agreed due date, which is normally your next payday. The repayment period ranges from 8 to 31 days after the day the money is deposited into your account.

FAQs

What do I need to qualify for a payday loan in California?

For your payday loan to be approved in California, you will be required to have the following:

  • You must be a California resident.
  • You must be above 18 years old
  • You must be a US citizen or a permanent resident.
  • Proof of a regular source of income is required.
  • Provide your valid contact details
  • Have an active bank account.

Can I get the payday loan on the same day?

If you submit your application and the loan is approved, you will be able to get the money on the next business day.

Can I repay the loan before its due date?

Yes, you can make partial repayments or repay the loan in full before its due date in order to avoid any late payment penalties.

If you wish to repay the loan before its due date, please contact our customer service team so that we may help you with the repayment.

Can I apply for a payday loan if I live outside California?

Unfortunately, our California payday loans are only meant for California residents and those people outside of California do not qualify for our payday loans California.

Therefore, if you live in cities such as San Diego or Los Angeles, or smaller towns such as Apple Valley, you can take advantage of our California payday loans to help you sort out any financial emergencies you may be facing.

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