Fast Online Payday Loan [ HUNTINGTON BEACH ]
Possible types of loans:
- $100, $200, $300, $400, $500, $600, $700, $800, $900, 1000 dollars are emergency payday loans in Huntington Beach 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 – Huntington Beach, 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 Huntington Beach, 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 :: Huntington Beach California Direct Lenders (list of offline stores and agencies nearby)
| Company | Address | Phone |
|---|---|---|
| ACE Cash Express | 16510 Beach Blvd, Huntington Beach, CA 92647 | +1 714-841-1969 |
| 5 Star Car Title Loans | 17092 Palmdale Lane #B, Huntington Beach, CA 92647 | +1 562-521-9014 |
| Capital Car Title Loans | 17111 Beach Blvd #103, Huntington Beach, CA 92647 | +1 714-408-2396 |
| Zinch | 17011 Beach Blvd #1140, Huntington Beach, CA 92647 | +1 866-969-7878 |
| Huntington Super Pawn | 17731 Beach Blvd, Huntington Beach, CA 92647 | +1 714-848-8402 |
| Orange County Credit Union | 10111 Adams Ave, Huntington Beach, CA 92646 | +1 888-354-6228 |
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About Payday Loans in Huntington Beach California
Navigating a short-term financial crisis can be stressful, and many Huntington Beach residents consider payday loans as a potential solution. While they offer quick access to cash, it’s crucial to understand exactly what you’re signing up for. This guide breaks down the minimum requirements to qualify and the standard terms you can expect from a payday loan in Huntington Beach, California.
Minimum Requirements for a Payday Loan in Huntington Beach, CA
Payday lenders are regulated by the California Department of Financial Protection and Innovation (DFPI), which sets clear rules lenders must follow. While individual storefronts or online lenders might have slight variations, the core eligibility criteria are standardized across the state. To qualify for a payday loan in Huntington Beach, you will typically need to provide proof of the following:
- Age and Residency: You must be at least 18 years old and a legal resident of the United States. Lenders will require a government-issued photo ID, such as a California driver’s license or ID card, to verify your age and identity.
- Proof of Income: This is the most critical requirement. Lenders need assurance that you have a source of funds to repay the loan. Acceptable proof includes recent pay stubs, bank statements showing direct deposits from an employer, or for those who are self-employed, tax returns or bank statements. Some lenders may also accept proof of regular government benefits, such as Social Security or disability payments.
- Active Checking Account: You must have an active checking account in your name. The lender will often require a voided check or your bank account and routing numbers. This account is used to deposit the loan funds and, crucially, to withdraw the repayment amount on your next payday.
- Contact Information: You will need to provide a working phone number and a valid email address. Lenders use this to verify your application and communicate with you.
It’s important to note that credit checks are rarely a barrier. Payday lenders primarily rely on your income and bank account, not your credit score, which is why these loans are often accessible to individuals with poor or no credit history.
Terms of Short-Term Loans in Huntington Beach, California, USA
The terms for payday loans in California are strictly capped by state law to protect consumers. Understanding these terms is essential to evaluating the true cost of the loan.
- Maximum Loan Amount: The law in California sets the maximum amount for a payday loan at $300. Lenders are not permitted to offer more than this.
- Fees and Finance Charges: Lenders are allowed to charge a fee of up to 15% of the amount of the check (the loan amount). For a maximum $300 loan, this means the maximum fee is $45. This fee is the cost of borrowing the money.
- Annual Percentage Rate (APR): When expressed as an annual percentage rate, the cost becomes very clear. A $45 fee on a $300 loan for a typical two-week term equates to an APR of 460%. This exorbitant APR is why consumer advocates strongly caution against using these loans for long-term financing.
- Loan Term: The typical term of a payday loan is very short, designed to be repaid on your next payday, usually within two to four weeks. The law does not allow a loan term to exceed 31 days.
- Right to Cancel: California law provides borrowers with a right to cancel a payday loan by the end of the next business day without any cost. You must return the full principal amount to the lender.
- Repayment and Limitations:
- repayment is typically done by providing the lender with a post-dated check for the full amount (principal + fee) dated for your next payday, or by authorizing an electronic debit from your account on the due date.
- If you cannot repay the loan when it is due, you have the right to request an Extended Payment Plan (EPP) from your lender at no extra cost. This plan allows you to pay back the loan in installments over a longer period. You are entitled to one EPP per 12-month period.
- A lender cannot threaten you with criminal prosecution for failing to repay a payday loan.
