Payday Loans in Merced, California

If all you need is a smaller window of time between paychecks to make ends meet, you might qualify to receive a payday loan cash advance in Merced, California.

To learn more about the payday loan application process and see if it could be a solution that works for you, continue below.

What Is a Payday Loan?

A payday loan is a cash advance for short-term support to make it through until the next payday. These cash advances typically range between $100 and $1,000. In California, however, the maximum amount that can be loaned is $300. There is no minimum amount requirement.

What Can I Use A Payday Loan For?

A payday loan can be used on just about anything - utility bills, medical emergencies, car repairs, and much more!

Will Payday Lenders Check My Credit?

If you're looking for payday loans in Merced, CA, with no credit check, you need to understand the difference between a hard check and a soft check. Most lenders won't check your credit history with the country's biggest three credit bureaus, but they will run a soft check.

A soft check typically entails identifying your credit score as well as some other basic information.

What If I Have Bad Credit?

California bad credit payday loans are possible, but they are never guaranteed. While your credit score will play a role in determining whether or not you qualify for a payday loan, it's not the only piece of information considered. Lenders may be willing to overlook poor credit because what matters more is proof of long time employment with a consistent income source as this ultimately demonstrates whether you can or can't repay your loan.

What are the Requirements in Merced, CA, to Receive a Payday Loan?

There are certain requirements you must meet in order to qualify for a payday loan cash advance in Merced, California.

These include:

• You must be 18+ and a legal US resident with proof of ID
• You must have a steady source of income
• You must have an active checking account
• You will need an email address, valid phone number
• All transactions must be indicated in a legal contract
• You can't be in bankruptcy

What are the Costs and Regulations Involved with Merced, CA, Payday Loans?

When obtaining your payday loans in Merced, CA, you can expect the following fees and regulations:

• Finance charges cannot exceed a rate of 15% on every $100 loaned
• Maximum loan of $300
• Maximum term is 31 days

What is the Average Interest Rate on Payday Loans in Merced, CA?

Payday loans in CA have an average interest rate of 460%.

I live in Merced, CA. When Can I Expect My Money?

It depends on who your lender is. You can apply online on our website to get matched with a lender, many of which will offer same-day payday loans. However, typically you can expect to see your money in your bank account the next business day.

Where Can I Apply for Payday Loans in Merced, CA?

You can look into payday loans from direct lenders or find a matching service online to help you find the right lender.

Here at GreenStarCash, we sort through our network of cash advance lenders to match you with the lender who is most likely to approve you quickly. In just as little as a minute, you could find out if you're approved and be on your way to a payday loan.

If you're interested in Merced, CA, direct lenders, check out the list down below to find a lending option that meets your needs.

Payday Loan Direct Lender Companies in Merced, CA

Below you will find a full list of payday loan storefronts in Merced, California. If you can’t find a local lender in Merced, consider applying in a nearby city in California. If you would prefer to apply for a payday loan online instead, please fill in the short form at the top.