Payday Loans in Los Angeles
Posted on Friday, September 17th, 2010 at 12:07 pm in Cash Loan Info by State
There are over 3,000 payday lenders operating in and near Los Angeles. Payday loans in Los Angeles are accessible easy to get from storefront lenders and online with instant approval and 1 hour cash transfers. Consumers who need cash fast can borrow up to $300 for expenses until payday. If you’re facing a cash emergency, look for a payday loan store near you or borrow payday loans online for a financial boost between paychecks.
Los Angeles payday loans have interest rates no higher than 15% under California payday loan laws. The average annual percentage rate (APR) for payday loans in Los Angeles is 459%, significantly lower than the average 4,547% APR charged on bank overdraft fees. When you need low cost cash in a hurry, online payday lenders in Los Angeles can wire cash in 1 hour directly to your bank account.
To qualify for payday loans in Los Angeles, you must be a US citizen and at least 18 years old. You must either be employed or receive a steady income from a reliable source like unemployment benefits or Social Security. You also need a checking account or a savings account with direct deposit so your Los Angeles payday lender can wire cash to your account and automatically deduct your payment on payday. Many payday lenders also require a minimum monthly salary of at least $800 a month.
Consumers borrowing payday loans in Los Angeles have the option of arranging payday loan payment plans with their lender with no additional fees. Payday loan installment plans deduct smaller payments from your bank account every payday until the loan is paid off.
We can help you find the best payday lenders in Los Angeles. Just fill out the simple, secure online application on this site and we’ll match you with a top-rated online payday loan lender in Los Angeles for your fast cash needs.
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How it Works
Complete the short form.
We match you with a lender based on their requirements and direct you to their website.
The lender will then display loan rates, terms and conditions for your acceptance.
Cash is directly deposited to your bank account after approval.