Payday Loans in Redding, California
Everyone experiences hard times, financially. However, we don't all have the credit score to land personal loans, nor do we want to be tied to an installment loan for years. That's where a payday loan can help.
Redding, California residents who need some quick cash may find just what they need in a payday loan. But, what exactly is a payday loan and how do you get one?
For answers to those questions and to learn how GreenStarCash can help you, keep reading.
What Is a Payday Loan?
Payday loans are short term lending options that have lenient credit standards and require no collateral. You may hear them called deferred deposit transactions or fast cash loans.
They are good options for those who need extra cash between paychecks but don't have the time to wait for personal loan approval. They are also a great option for those with little to no credit history.
Are There Payday Loan Eligibility Requirements?
Payday loans are rigorously monitored by the Federal and local government. On top of being 18 years old and a legal citizen, there are three other strict necessities for eligibility. If you live in Redding, CA and are interested in a payday loan, you should take a look at these requirements:
- Have a regular, legal, and trackable source of income (If you are paid under the table, you can't prove your income)
- Have a bank account that is over 30 days old
- Have a current phone number/ email address
Redding, CA applicants who meet these requirements and want a payday loan should start by applying with GreenStarCash.
How Does Redding, California Regulate Payday Loans?
California's payday loan regulations affect the way loans can be crafted. Here is a list of applicable regulations for residents of Redding, California:
- Your loan cannot exceed $300
- Your loan's APR must be 460% or less
- Your loan contract cannot exceed 31 days
- Your loan cannot be extended or rolled over
- You cannot be charged a finance fee of over 15% of the total loan amount
Will My Lender Run a Credit Check?
All lenders want to know they aren't taking on unnecessary risk. That's why they run credit checks. There are two types of credit checks lenders can run - a hard check and a soft check.
Hard credit checks negatively affect your credit score by leaving a footprint for the credit check and lowering your score. Soft credit checks are far less intrusive. The lender can still check your history for defaulted loans and other red flags, but your credit score will be left intact.
Payday lenders use soft credit checks, which makes applying for their loans a lot less stressful.
Is it Okay if I Have Bad Credit?
Bad credit doesn't mean you can't be approved for a payday loan. In fact, one of the greatest perks of payday loans is their approval leniency. There are certain credit issues that might result in a declined application, but payday lenders are far more concerned with your current ability to pay.
For Redding, CA residents seeking a bad credit payday loan, GreenStarCash is the best way to boost your approval odds.
How Quickly Will I See My Money?
Thanks to the quick lender matching at GreenStarCash, you could see your money as soon as today. Lenders want to get your funds to you as fast as they can, but if you apply in the evening you may have to wait for the next business day. Weekends and holidays can pose similar delays.
To ensure you get your money as quickly as possible, take a few minutes to fill out a GreenStarCash application, today.
Is The Application Process Easy?
There is no easier way for Redding, California residents to apply for a loan than through GreenStarCash. Here are the steps to applying, accepting, and repaying your payday loan:
- Fill out the application on GreenStarCash's website.
- Wait a few moments while we match you with a lender.
- Read and sign the documents found on the lender's website (we will redirect you there, don't worry.)
- Wait for the lender to transfer your funds, usually within 24 hours.
Ready to Find a Payday Loan in Redding, CA? Try Out GreenStarCash!
GreenStarCash is an easy, safe, and fast way to get connected with a payday lender who wants to approve your application. We work with over 100 direct lenders and our matching processing takes just a few seconds. You don't even need great credit, collateral, or a consignor.
If you are a Redding, California resident who wants the best chance at being approved for a payday loan, fill out your application with GreenStarCash.
Payday Loan Direct Lender Companies in Redding, CA
Below you will find a full list of payday loan storefronts in Redding, California. If you can’t find a local lender in Redding, 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.
1627 Hilltop Drive, Suite G, Redding, CA 96002
If there are very few local lenders in Redding, you can apply for a payday loan online on our website. Alternatively, consider finding a suitable payday loan lender in a nearby city.