Payday Loans in Antioch, California
Things happen, and we often find ourselves in a situation where we must cover some unexpected expenses. Think about applying for a paycheck advance loan in Antioch, California, to see if you meet the requirements.
The loan application process is quick and painless. To be eligible, you must satisfy a few general conditions.
What is a Payday Advance Loan? What Can It Be Put Towards?
A payday loan is where the borrower will receive a small sum of funds on a short-term basis. This is deemed to be an unsecured loan because no collateral is needed.
When surprise financial needs arise, like past due rent or utility expenditures, vehicle bills, health or vet payments, and so on, individuals commonly turn to paycheck advance loans.
Payday Loan Requirements In Antioch, CA
In Antioch, California, payday loan borrowers need to satisfy a few stipulations to be eligible for a loan.
The borrower must:
- Prove that they live in Antioch, CA
- Must be at least 18
- Receive an income that they can prove that's at least $1,000 per month
- Give up-to-date contact information such as phone number and email address
- Provide their social security number
If a borrower does not abide by the above rules, they will immediately be denied a paycheck advance loan. Ensure that you possess the documentation needed when applying.
Laws and Rules Regarding Cash Advance Loans in Antioch, California
The State of California has ruled cash advance lending legal. Although, they have set the below rules and laws for the paycheck advance lending industry:
- A single money lender can't extend a loan in excess of $600. Borrowers may not take out greater than two active loans from different lenders. There is no smallest loan amount.
- The minimum loan term is not set, the maximum loan term length is 31 days. In California, borrowers are not allowed to rollover their loans.
- The fees and charges are different for each lender. The service fees charged by lenders on a payday loan are not considered interest. The service fees apply to each $100 borrowed and can range from 11% up to 15%.
- An interest rate is required to be mutually settled upon. APR can range up to 369%.
Will Paycheck Advance Lenders in Antioch, CA, Perform Credit Checks? What If I Have Poor/No Credit History At All?
Yes, the lenders we partner with will run a credit check on you, but, even if you have no credit or poor credit, you might still be eligible for a loan as long as you can prove that you are able to pay back the loan. Lenders are usually unbothered by your credit if you offer proof of income and a strategy to pay back the loan.
Lenders will conduct a soft credit check, which will not impact your credit score. This is simply to get a look at your credit history and general information.
A hard credit pull, dissimilarly, requires your explicit consent. These credit checks are used for a variety of purposes, including mortgages, credit cards, and more.
You might still qualify for a paycheck advance loan with imperfect credit in Antioch, California, provided that you have proof of repayment.
Therefore, when you apply, albeit in person or online, double check that you have your income information at hand and any other documents proving that you can repay the loan. The more proof you have, the more likely your loan request will be granted.
When Will I Get My Funds in Antioch, California?
When you get your deposit really relies on your lender as some lenders offer same-day paycheck advance loans, which means you will get your payday loan on the same day you request a loan, as long as you're approved.
Much of the time, however, lenders will send the borrower their lump sum on the following business day. Businesses often close for holidays and weekends. So, if you apply on a Friday, you may not receive your cash until Monday.
If you're needing a same-day cash advance loan in Antioch, California, you will need to ensure you're applying by 10:30 am. All same-day loans going out that day will be approved by that deadline. However, you should apply earlier than that if able, as it will boost the likelihood that you see your money on the same day that you apply.
One more consideration that you should know is even if the money lender grants your loan request and posts the deposit to your bank account, occasionally the bank won't release that loan immediately. It's vital that you let your bank know that you plan to get a payday advance loan, so they might make an exception in releasing the funds earlier.
Overall, it's wise to prepare in advance to receive money on the following business day. That way, you're not surprised if you cannot receive it on the same day.
Consider Working With PaydayLoanRadar
If you have underwhelming credit or no credit and are searching to secure a paycheck advance loan, consider applying through us, as you most likely have a better chance of approval.
We work with hundreds of different lenders who provide their services online. Often you will see your cash on the next business day so make sure that you plan accordingly.
However, you can always locate the nearest paycheck advance loan store to you and apply in person to strengthen the chances of seeing your money on the same business day. When submitting an application in person, ensure that you have your government ID or driver's license; a passport will work as well. Sometimes, lenders may require proof of address, so bring a utility bill to the store as well.
To find the nearest payday advance loan storefront, please use the list below and find your city.
Payday Loan Direct Lender Companies in Antioch, CA
Below you will find a list of payday loan companies offering their services in Antioch, California. If you can't find a lender near your location in Antioch, consider applying in a nearby city in California. Alternatively, you can apply online on our website and get a decision almost instantly.
If you can't find a lender near your location in Antioch, consider checking out payday loan lenders in nearby cities. Alternatively, apply online on our website and get an instant decision. If approved, you will get your cash the same or next business day.