Payday Loans in Modesto, California
Do you find yourself wishing you could get your next paycheck in advance to make ends meet? You may be eligible for a payday loan in Modesto, California.
To find out how payday loans work and if they're right for you, keep reading!
What Is a Payday Loan?
A payday loan is a cash advance on your next paycheck. Rather than wait a week or two for your paycheck to arrive, you can get cash immediately.
When Do People Normally Use Them?
You can use your payday loan in Modesto, CA, for just about anything. It can help pay bills on time, such as rent, phone bills, and car payments.
They are also useful for unexpected expenses, such as medical bills and car repairs.
How Do I Know if I'm Eligible for a Payday Loan in Modesto, California?
There are a few essential criteria you have to meet to qualify for a payday loan:
- You must be at least 18 years of age.
- You must be a citizen of the United States.
- You must have a current phone number and email address.
- You must have an open checking account.
- You must have a regular source of income.
Will I Need Documentation to Receive a Payday Loan?
If your regular income source is from something other than employment, your lender may require documentation to approve you for a payday loan. You may need to provide your most recent bank statement or your most recent bank stub in some cases.
Are There Specific Rules for Payday Loans in Modesto, CA?
In the state of California, the maximum amount for a payday loan is $300. Loans repayment must occur within 31 days, plus 15% of the amount borrowed. The APR is 460%.
California has stricter regulations than many other states. Rollovers are not allowed, and a detailed legal contract must indicate the terms of all payday loans. The document ensures that the borrower thoroughly understands the terms and conditions, amount of the loan, interest rate, and finance charges.
Do Payday Loan Lenders in Modesto, California Run Credit Checks?
There are a lot of lenders that advertise no credit check payday loans in Modesto, CA. In reality, all lenders run some type of soft credit check, meaning they obtain a borrower's basic information, credit score, and employment verification.
Soft credit checks will not impact your credit score and are often necessary to determine the terms and conditions and APR of your loan.
Can I Get a Payday Loan in Modesto, California if I Have Bad Credit?
You will not get rejected for a payday loan simply because of bad credit. It's far more critical to have a regular source of income than to have stellar credit.
Bad credit payday loans in Modesto, California, are possible. Although some lenders may check your credit through credit bureaus, most will not. Most lenders just want to ensure you have consistent income.
How Soon Will I Get My Money?
It depends on when you apply and which lender you use. For same-day cash advances, it's best to apply early in the morning, so the lender has time to review and approve your application in time for you to get your money the same day.
If you need money same-day on a weekend or holiday, your best bet is to get a same-day payday loan in Modesto, California, by going down to your nearest payday loan store. If you do it online, you’ll have to wait for your money to be processed on the next working day.
Find your list of local lenders at the bottom of this page.
How Do I Apply for a Payday Loan?
The application process is relatively simple. First, you fill out an application form. This step usually only takes a few minutes. Next, you will get a match with a lender who can approve your request instantly.
You will get redirected to the lender's website, where you will review your individualized loan agreement. The loan agreement will explain your loan terms and conditions, including when it is due and any other fees and charges.
Once you E-sign the agreement, the lender will transfer the loan amount into your checking account. The lender will automatically withdraw the loan amount plus fees from your account on the date your repayment is due.
How Do I Get Started Applying for a Payday Loan? Try GreenStarCash!
If you need a payday loan in Modesto, California, GreenStarCash makes it easy! Working directly with more than 100 direct lenders, we make it easy for you to find a lender who will approve your request fast.
If you have bad credit, your chances of being approved for a payday loan are higher if you use our services.
Fill out the form below and get matched with a lender today.
Payday Loan Direct Lender Companies in Modesto, CA
Below you will find a full list of payday loan storefronts in Modesto, California. If you can’t find a local lender in Modesto, 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.
1633 E. Hatch Rd, Ste. 1-E, Modesto, CA 95351
2401 E. Orangeburg Ave, Ste. 170, Modesto, CA 95355
2020 Standiford Ave, Modesto, CA 95350
420 H Street, Modesto, CA 95351
1320 Standiford Ave, Modesto, CA 95350
417 McHenry Avenue, Modesto, CA 95354
1301 J Street, Modesto, CA 95354
If there are very few local lenders in Modesto, you can apply for a payday loan online on our website. Alternatively, consider finding a suitable payday loan lender in a nearby city.