Finding best online payday loans direct lenders in California is not an easy task because there are only several trusted cash advance lenders available in the market with a good reputation. Further, payday advance industry is highly regulated by California state laws for deferred deposits. However, we would like to list the best California payday loans online direct lenders (which means this list is applicable to the people who reside in cities like Los Angeles, Sacramento and San Diego) to get the low interest rates, faster approval, same day or next day funding as well as flexible terms.
List updated 2nd Feb. 2017
Payday Loans Direct Lenders in California
CashNetUSA - When it comes to online payday loans, CashNetUSA is one of most popular lending company in USA. Apart from California, this payday advance lender operates in more than 30 other states. You can get a cash loan up to $255 as a cash advance from this company. Limited time promotion: New customers can apply the promo code; NEWCASH25 when submitting your online application and get 25% off on initial loan fees, if they approve your application.
Loan by Phone - LBP of CA payday loans are considered as one of trusted and top rated loan service. This state licensed direct lender will lend up to $255 for the residents in California state. They offer instant approval for your application and fast funding.
Check into Cash - Check into Cash is one of well known online direct lender trusted by thousands of past customers. If you live in California, you can borrow maximum of $255 as a payday loan from them.
Alternatively you can select a non direct cash advance lender or installment loans company from the list shown below.
Installment Loans Direct Lenders in California
Blue Trust Loans - Blue Trust Loans is a leading installment loans lender. It's a trusted company and getting approved for a cash advance from this lender might be little bit difficult compared to others. For a high probability of approval, you must be at least 25 years old with a minimum monthly income of $1500 and credit score of 400. The advantage of this lender is you will immediately know that whether you are approved or not for funding.
OppLoans - OppLoans or Opportunity Financial is a state licensed direct installment loans lender in California and with this company you obtain a loan ranging from $2600 to $10000 at a typical APR of 160%. This a trusted and BBB accredited loan company with a rating of A+.
CashNetUSA - They offer installment loans up to $3,400 and you can repay it maximum of 18 monthly installments. The minimum amount you can borrow as a installment loan is $2,600. Therefore this company provides both cash advances as well as installment loans.
NetCredit - NetCredit is a leading online direct lender that offers loans up to $10,000 in California. The minimum amount to borrow is $2,600. You can back the loan in 6 to 48 months installments. The APR is a low figure which would be 34% to 155%.
Is it Possible to Apply for Payday Loans in California with Bad Credit?
We know that some people may worry about their credit score because they are in doubt whether their application is rejected. Yes, some people may have bad credit or not perfect credit. However, you are still encouraged to apply through one of direct lender listed above since they are well known and trusted loan companies operate in California.
If your application get rejected, you can try one of loan networks that matches a suitable lender who can lend the money you need. There are such loan brokers/agents or non direct lenders who are accepting the application even with bad credit. The pitfall is they may charge a higher APR since they are taking a risk by lending money to a person who has bad credit or not perfect credit.
Bad Credit Payday Loans Non Direct Lenders in California
CashAdvance - If you are looking for a bad credit payday loan company, this web site might be the one you are looking for. This web site accept applicants with any credit score including low credit and bad credit. They will try to match a suitable lender for you according to the information you submitted. They have a considerable number of third party lenders in their database. Once they matched a suitable lender, the loan terms and rates will be presented and you either accept to proceed with the payday loan or decline if you not satisfied with the terms and rates. Cashadvance.com is operational in this industry since 1997.
Bad Credit Installment Loans Non Direct Lenders in California
PersonalLoans - This is a web site where you can get a cash loan up to $35,000 depending on facts such as your income, credit score etc. Typically the loan duration would be 6 to 72 months.They will match you a suitable lender according the information you submitted with the application. You are free to apply even with bad credit. Once a lender is selected you will be able to see the exact terms and rates. Then you can decide whether to proceed with the loan.
Small Business Loans Direct Lenders in California
Price Funding - Price Funding helps businesses to manage their working capital through working capital loans, merchant cash advances based on your receivables. If your business earns a consistent revenue of more than $8,000 per month, your business is older than 6 months and no tax liens or excessive bankruptcies you can apply for a loan or a MCA from Price Funding where you do not need a collateral. This company will fund you within 3 business days if your application is approved and can get up to $500,000.
Small Business Loans Non Direct Lenders in California
Lendio - Lendio is well known network that provides all kind of small business loans including cash flow loans, term loans, line of credit, factoring, equipment loans, small or large SBA, commercial real state loans as well as credit cards. This company has bunch of partnered lenders which means there is a good chance of getting your required amount at a reasonable interest according to your expectations. Further, they do not charge any fee for finding the most suitable lender for you.
Popular Cities in California
What should You Know about California?
It is the most populous state of United States of America. The neighbor states to this state can be named as Nevada, Oregon and Arizona. It is the third largest state by area and only other two states bigger than this state are Alaska and Texas. It has divided into 58 counties. Sacramento is the capital city of the state and Los Angeles can be considered as the most populous city and it is the 2nd most populous city in USA after New York city. English is the official language of California and you can see that western culture is dominated in this state. California contributed to the GDP of USA by 13.9% in 2016 which is a considerable amount. California's economy mainly driven by Education, Health and other service which contributes 18%, real estate, rental and leasing which contributes 17% and trade, transportation and utilities which contributes 16% to the economy as per 2008 GDP data. Payday loans are considered as short term loans loans that has to be repaid next payday with the agreed interest and the borrowed amount. State has a cap of $255 for per payday advance and the maximum interest should be $45. Therefore lenders are should adhere to these rules when then lend cash to residents in this state.