What You Need to Know About Payday Loans in Fresno, CA

The Ultimate Guide to Fresno, California Payday Loans

Hey guys! Randy here with Ready Payday Loans. I know getting a payday loan can feel a little daunting, but trust me, you are in good hands.

At Ready Payday Loans in Fresno, we can help you get approved for a payday loan in minutes so you can handle all your surprise expenses with ease. If you are short on cash and need a little boost until payday, apply online for a Fresno, California, payday loan today. 

That Sounds Pretty Cool, But What Is a Payday Loan?

New to payday loans? I can relate. I was really confused the first time I applied for one, but they are pretty straightforward. Payday loans are super short-term, unsecured loans designed to help people who need a little extra money before payday. These loans are typically pretty small, and the term is usually between two weeks and a month.

What Can I Use a Payday Loan For?

Payday loans can be used to pay for anything you want. Once the cash is in your account, it’s yours to spend any way you need to. You can use these loans to pay for surprise car repairs, home repairs, groceries, your poodle’s massage, or whatever else you’d like. We won’t judge.

What Can I Use a Payday Loan For?

Hey, payday loans are cool and all, but they aren’t for everyone. There are some things to think about before taking out any loan or line of credit. One of the most important things to consider is whether or not you can pay your loan back during the term. Payday loans can be as little as 15 days, so be sure to plan accordingly.

You will also want to make sure you understand the interest rates and terms of each individual loan. At Ready Payday Loans, we always have loan specialists available to help you answer all your questions and ensure you are comfortable with your loan.

Is It a Good Idea to Get a Payday Loan?

Payday loans can be a real lifesaver in emergencies, but did you know they have additional benefits? See how getting a payday loan can help you get a jump start on your financial future. 

Boost Credit

Did you know that getting a payday loan can be a cheap way to give your credit score a little boost? If your credit is a little bruised or battered, paying off a payday loan can help restore it and show creditors that you can pay back loans on time. 

Establish Credit

Here is a paradox. If you have no credit, it’s often hard to get approved for a loan or a credit card but to build your credit, you need a credit card or loan. 

A payday loan allows you to get a no-credit loan, so you can begin establishing your credit immediately. Plus, if you don’t need the money for an emergency, you can pay it back early and reduce your interest. It’s a win-win.

Almost Instant Approval

Personal loans can be an excellent alternative to payday loans, but it can also take weeks to get an answer, and that answer might be no. If you have an emergency expense like a burst pipe, flat tire, or other surprise expense, a payday loan can be your fastest option.

Get Cash in as Little as 24-Hours

Did you know that even if you get approved for a personal loan, it can still take a few more days to get your cash? Bummer. But with when you get payday loans online in California, the money could hit your account the next day.

But Randy, Isn’t California a Little Strict About These Loans?

As with all types of loans, payday loans are highly regulated in California to ensure that you don’t get taken advantage of. At Ready Payday Loans, we ensure that all our payday loans in Fresno adhere to state and federal laws. Here are some things to know about payday loans in California.

How Much Can I Borrow?

In California, you can borrow up to $300 at a time, and you can only have one payday loan at a time. This ensures you don’t borrow more than you can pay back.

Payday Loan Fees and Term Limits in California

Interest rates on payday loans in California are limited to 15% or no more than $45. The term limit for payday loans is 31 days, and you cannot take out another payday loan to pay off your remaining balance.

Alright, What Else Do I Need to Know?

Think a payday loan in Fresno might be the right choice for you? Here are a couple more things you should know before getting a payday loan.

What Happens if I Can’t Pay Back My Loan?

Ok, it’s always best to pay your loan back on time. However, if you can’t, there are some things you should know.

First, you are allowed to ask for an extension. However, a payday lender may not be able to grant you one.

They are not allowed to issue another payday loan if you still have a payday loan out, even if the total is under the $300 limit. Payday lenders in California also cannot bring you to criminal court over unpaid loans.

How Do I Know if a Payday Loan Company Is Legit

In California, all payday lenders, including online lenders, must be licensed by the state to ensure they are legitimate. Visit the California Department of Financial Protection and Innovation (DFPI) to verify your lender’s license.

Ok, What Do I Need for a Payday Loan

The best part about getting a payday loan is that it is super simple. All you need is an ID like a driver’s license, a checking account, proof of employment, and your contact information.

How Do I Get a Payday Loan in Fresno, CA

Step One: Gather Your Information

To get started, make sure you have your ID, bank account number, and proof of income ready. You’ll need that to apply.

Step Two: Apply Online

Once you have everything you need, fill out our online application. We’ll be able to tell you in a few minutes if we can approve your loan. 

Step Three: Get Your Money Fast

Once you are approved, we can usually get your money by the next day. Then you are free to spend it however you need to.

Step Four: Pay Back Your Loan

Depending on your loan, you’ll have up to 31 days to pay it back, but there is no penalty for paying it back early. Apply online today to get started.

Why Choose Ready Payday Loans?

At Ready Payday Loans, we get it. Choosing the right loan for your needs can be daunting, but we are always here for you. See why our clients continue to trust us with all their money-lending needs.

Bad Credit, No Credit, We Can Help

Getting a loan when you have bad credit or no credit can be challenging, but at Ready Payday loans, we make the entire process a breeze. When you take advantage of our no-credit-check payday loans, you don’t even need to know what your credit score is to apply.

Pay Your Loan Your Way

We make it easy to pay your loan online and to pay it off early. This can save you on interest and give you one less thing to worry about. There is no penalty for paying early.

The Best Loans at the Best Rates

Did you know that Ready Payday Loans is not a lender? We are a broker, which means we work for you, not the lenders!

We’ll give you a list of the best payday loans with the best rates from the best lenders in the industry. Then we’ll help you pick the best one for your needs. All the lenders we work with are licensed to provide payday loans in California.

Tons of Loan Options

Is a payday loan not the right choice for you? No problem.

We offer several different loan options so that you can choose the perfect one for your needs. Apply today to get started.

How Much Do Payday Loans Cost?

At Ready Payday Loans, we can help you get some of the best payday loan rates available anywhere. The total cost of your payday loan will depend on various factors. Apply online today to see current rates.

Get an Online Payday Loan in California Today

If you need cash today (or yesterday), don’t wait. Apply online at Ready Payday Loans today or fill out our contact form to get in touch. We’ll be happy to answer any questions and help you get the right payday loans in Fresno for you.