4 Oct
A payday loan is a small short-term loan. The main aim of this loan is to cover a borrower’s expenses until next payday. Typical paycheck advance is due in two weeks, and the interest rates are up to 400% annual percentage rate.
In California, the maximum amount of a payday advance is $255. Average repay for this amount is $300. The maximum amount of money that lender can charge is 15% of the check’s sum.
State laws prevent lenders from extending payday loans beyond one month, California doesn’t permit rollovers.
If you are interested in cash advance, you may use online cash advance services - Internet based services offer lowest fees.