Payday Loans California-An Alternative Cash Option For You
Payday Loans California-An Alternative Cash Option For You
Payday loans California are basically short term loans and these loans are provided by lending institutes to borrower for a short period of time. This duration lies in the range of 14-31 days. As this is a short term scheme so with this scheme you can have an amount that falls in the range of $100-$1500. This amount is small but would be enough to meet unexpected needs towards end of month.
One of the prime benefits of payday loans California is that you can get instant cash. Online application takes only few seconds to done if you choose the faxless option. Once application is submitted you will receive the notice about your loan in just next 5 minutes. By the next business day, your money will be in checking bank account.
These loans were never meant to fulfill your long credit needs. With this you can meet your short term needs like home renovation, repairing of car, arranging a family holiday and to meet day to day needs. If you want several months to payoff loan amount then you must choose some long credit scheme. The better option would be personal loans.
In order to stand qualify for this scheme you must have the nationality of US and an age of above 18 years. Along with this it is must for you to posses an active and valid bank account. You can avail cash even with the bad credit score if your basic salary is above $1000.
These loans are equally available for tenants or homeowners. With this scheme one can have cash even in the absence of collateral. Repayment is to be done on next payday. Late or missed payments can affect your credit profile. It is wise to payoff loan amount on due date to avoid excessive interest.