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Interest Rates : Interest Rates based on 15% Fee
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Rates: Calculated Annually |
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Rate Level: Annual |
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Loan Amounts: Starting at $50.00 up to $300.00 ( KEEP INCREMINTS
OF $25.00) |
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Minimum Monthly (Not Employed): $1000.00 |
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Default Loan Period: 31 days maximum |
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NSF: $15.00 |
APR- Annual Percentage Rate- the total cost of credit expressed
as an annual percentage of the amount loaned.
Annual Percentage Rates are calculated on the number of days credit is granted.
All loans are for a specific number of days and are all due and payable upon the
due date.
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All loans are unsecured and no form of collateral may be offered or accepted. The
maximum note amount is $300 per California Financial Code Section 23035. For each
check returned unpaid, a $15 collection fee will be applied. |
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Customers who have entered into a deferred deposit transaction (payday loan) are
not subject to section 1719 of the California Civil Code nor can be prosecuted in
a criminal action or to be threatened with prosecution. |
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Other provisions apply to the extension of credit as a deferred deposit transaction.
These provisions shall be found within the loan agreement and shall be noted upon
request.
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For Complaints or concerns. please call the Department of Corporation at
866-275-2677. |
