California Payday Loans

Cal. Fin. Code §§ 23000 to 23106
Status: Legal

Payday loans (cash advances) are legal in the state of California according to California Civil Code 1789.30 and the Financial Code 23000.  There are over 2,600 cash advance locations throughout the state. The supervision and regulation of California payday loans are overseen by the California Department of Corporations. You can research more on payday loan law regulations in California through their website.

The general basic requirements to qualify for a payday loan is to meet the following criteria:

  • minimum age, 18 years or older
  • fully employed
  • be a US resident
  • hold a US bank account

Payday loans are generally approved within 24 hours and will allow you access to funds within 1-2 business days. Your credit score is not checked during the approval process. This would be beneficial for individuals with no prior credit history as a result of rebuilding credit history, or newcomers to the US.

California Regulations

Sometimes the need for a payday loan is not a result of reckless spending. Accidents happen. Unforeseeable events like an injury, illness, sudden job loss, urgent home repairs, or family responsibilities may result in a temporary cash crunch. A payday loan can help you pay rent for the month, fix a sudden leak on your roof, or allow you to care for a sick child while on an unpaid leave from work.  When considering a payday loan option many people are stricken with fear of the astronomical compound interest rate and hidden terms. Fortunately, there are laws to protect consumers. The California legislation has set certain limitations on lenders to mitigate against predatory lending or loan sharks. This insures honest loan services are provided to consumers who have legitimate needs for a payday loan with reasonable terms and rates.

California law allows a maximum loan of up to $300 and a maximum loan length of up to 31 days.  You can only have one outstanding loan at a time and rollovers are not permitted.  This means that the short term loan must be paid in full before you can take out another loan.

Lending Rules*

Lenders in the state of California are legally required to comply by the following limitations according to Cal. Fin. Code §§ 23000 to 23106:

Maximum Loan Amount:
Maximum Length of Loan:
31 days
Maximum Finance Rate & Fees:
15% of check
Finance Charge for 14-day $100 Loan:
APR for 14-day $100 Loan:
Max # Outstanding Loans at One Time:
Rollovers Permitted:
None (cannot charge fee for extension)
Repayment Plan:
Voluntary (no fees may be charged in conjunction with payment plan)
Collection Fees:
$15 NSF fee
Criminal Action:
*The information displayed may not be current. For the most recent information, please visit

Regulatory Information

If you have a complaint against a California Cash Advance location you can contact your state regulator below:

California Department of Corporations
Financial Services Division, 1515 K Street, Suite 200 Sacramento CA 95814
(866) 275-2677

California Lenders

Below you can find California payday loan lenders in the following cities:

California Statistics**

The following information is key demographic data for the state of California from the Census bureau.

Total Population:
Median Household Income:
Poverty Rate:
Median Gross Rent:
High School Graduate or Higher:
Bachelor's Degree or Higher:
**The information displayed may not be current. For the most recent information, please visit

Borrow Responsibly

The purpose of a payday loan is only meant as a short term measure. Care must be taken in reviewing any payday loan terms and be sure you understand how the interest is calculated. Always pay back your loan in full to avoid having to pay more in interest. Otherwise, this could negatively affect your ability to borrow in any other future transactions. Always pay on time to avoid monetary penalties. If under any circumstance you require an extension to meet your obligation, then immediately contact your lender to discuss repayment plan options. If you have additional questions or a complaint that you need to file then contact the California Department of Corporations. Lastly, please remember to borrow responsibly and to make it a priority to pay these cash advance loans back in full and on time. is an independent comparison service provider. Reasonable efforts have been made to maintain accurate information throughout our website; however, all information is presented without warranty or guarantee. may receive compensation from our partners, including, but not limited to, clicking on links and lead generation.