✅ 24/7 Online ✅ Safe & Secure ✅ Instant Decision ✅ OK with Bad Credit ✅ Payday loan up to $1,000 ✅ Personal loan up to $5,000-$35,000
Possible types of loans:
- $100, $200, $300, $400, $500, $600, $700, $800, $900, 1000 dollars are emergency payday loans in Pomona California USA, which are issued for a period of 1, 2, 3 or 4 weeks (until your next salaries).
- $1500, $2000, $2500, $3000, $3500, $4000, $4500, $5000 – Pomona, CA installment loans that can be taken out for terms of up to 2 years (most often 1, 6, 9, 12 or 3 months).
To get fast online cash advances (payday or personal loans, short-term loans, fast cash) with instant approval in Pomona, CA, USA, use our simple 5-minute application form! The money will be credited to your bank account within 24-48 hours (or faster) after approval.
Cash Advance Near Me :: Pomona California Direct Lenders (list of offline stores and agencies nearby)
| Company | Address | Phone |
|---|---|---|
| ACE Cash Express | 740 E Arrow Hwy, Pomona, CA 91767 | +1 909-626-4750 |
| ACE Cash Express | 1557 E Holt Ave, Pomona, CA 91767 | +1 909-620-4530 |
| Lendmark Financial | 355 E Foothill Blvd A, Pomona, CA 91767 | +1 909-593-4464 |
| Garey Loan & Jewelry | 340 S Garey Ave, Pomona, CA 91766 | +1 909-622-2723 |
| ACE Cash Express | 545 W Mission Blvd, Pomona, CA 91766 | +1 909-865-8333 |
| Oportun | 2001 S Garey Ave, Pomona, CA 91766 | +1 909-346-2984 |
About Payday Loans in Pomona California
Payday loans can be a quick financial solution for those facing unexpected expenses or short-term cash shortages. If you’re a resident of Pomona, California, and considering a payday loan, it’s essential to understand how they work, the regulations in place, and the potential risks involved.
What Are Payday Loans?
Payday loans are small, short-term loans designed to help borrowers cover expenses until their next paycheck. These loans typically range from $100 to $1,500 and must be repaid within a few weeks, usually by the borrower’s next payday.
In California, payday lenders are regulated by the California Department of Financial Protection and Innovation (DFPI), which sets rules to protect consumers from predatory lending practices.
How Do Payday Loans Work in Pomona?
To obtain a payday loan in Pomona, you generally need to:
- Provide Proof of Income – Lenders require a recent pay stub or bank statement to verify your ability to repay.
- Have an Active Bank Account – Funds are usually deposited directly into your account, and repayment is often withdrawn automatically.
- Show Identification – A valid ID and proof of residency in California are required.
- Be at Least 18 Years Old – Borrowers must meet the minimum age requirement.
California Payday Loan Regulations
- Maximum Loan Amount: $300
- Maximum Fee: 15% of the loan amount (e.g., a $300 loan has a $45 fee)
- Loan Term: Up to 31 days
- No Rollovers Allowed – Lenders cannot extend or renew the loan; borrowers must repay in full before taking out a new one.
Pros and Cons of Payday Loans
Pros:
✅ Quick Access to Cash – Funds can be available within hours.
✅ No Credit Check Required – Ideal for those with poor or no credit history.
✅ Simple Application Process – Minimal paperwork compared to traditional loans.
Cons:
❌ High Fees & Interest Rates – The APR (Annual Percentage Rate) can exceed 400%, making these loans very expensive.
❌ Short Repayment Period – Borrowers must repay the loan in full by their next paycheck, which can be difficult.
❌ Risk of Debt Cycle – Many borrowers take out multiple loans, leading to a cycle of debt.
Alternatives to Payday Loans in Pomona
If you need cash but want to avoid high-interest payday loans, consider these options:
- Personal Loans from Credit Unions – Lower interest rates and longer repayment terms.
- Payment Plans with Creditors – Negotiate extended payment terms for bills.
- Local Assistance Programs – Nonprofits and community organizations may offer financial help.
- Borrowing from Family or Friends – A no-interest or low-interest option if available.
Final Thoughts
While payday loans in Pomona provide fast cash, they come with significant risks due to high fees and short repayment terms. Before taking out a payday loan, explore all alternatives and ensure you can repay it on time to avoid falling into a debt trap.
If you decide to proceed, borrow only what you need and choose a licensed lender to ensure compliance with California’s consumer protection laws.
Would you like help finding reputable payday loan providers in Pomona? Let us know in the comments!
