When you are in need of a payday loan, you generally need it fast—that is, after all, the point of payday loans.

But some lenders can make the process more complicated than others—especially third-party lenders who may require more qualifications and fees than necessary. You shouldn’t have to spend time gathering unnecessary information, waiting for a third-party lender to connect you with a direct lender, or paying more out of pocket for the loan. 

Instead, you should understand the basic requirements for qualifying for a payday loan in California and look for a reputable lender who gets the loan to you quickly and without unnecessary qualifications or fees.

Here are the basic qualifications you’ll need to meet to get a payday loan in California:

1. Active and Open Checking Account

It probably goes without saying, but the first requirement you’ll need to meet is to have an active and open checking account. An open and active checking account is required by State Agencies as part of the Payday Loan product. This is also what makes this type of loan so easy and convenient. The account provides a place for the Lender to deposit funds as well as when the loan comes due the lender can deposit the check which is very easy and transparent for the clients.  

2. Have a Verifiable, Steady Source of Income

The second requirement is to prove that you have a steady source of income. This is important to lenders because payday loans are short-term, and the term agreement usually specifies that the loan and fees must be paid off within the next few weeks.

Because a payday loan is meant to function as if you are borrowing money out of a future paycheck, you must prove that you receive paychecks regularly. Common proof of income documents include the following:=

  • Pay stub with your pay period and pay frequency listed
  • Proof of income letter from your employer
  • Tax documents, such as a tax return, W-2, or wage and tax statement for the self-employed

proof of income document payday loan

3. Have a Valid Government-Issued ID

You will also need to have a valid government-issued ID to prove who you are and to show that you are at least 18 years of age at the time of borrowing. 

Some forms of valid government-issued identification documents include the following:

  • Driver’s license (current and state-issued)
  • Passport
  • Matricula Consular Card
  • State Identification Card

4. Be a California Resident

To get a payday loan in California, you must also be a resident of California. 

5. Provide Valid Contact Information

You’ll need to provide contact information such as your name, email address, phone number, and other personal information to your lender. This is so they can communicate with you regarding loan terms and agreements, deposits, and payments.

6. Apply Online or In the Lender’s Office

The last qualification is simply to apply for the payday loan and await approval. Some direct payday lenders have made this easier than ever by allowing you to apply and be approved online within minutes. At Cashback Loans in California, there are also several offices across Southern California you can apply at if you happen to be passing by.

With a traditional loan, you have to go into the lender’s office, provide several different financial documents in addition to the ones mentioned above, allow them to run a credit check, and then wait days to be approved. With a payday loan, you can apply and get approved the same day without even having to go into the office, if you don’t want to.

apply online for payday loan

Different Lenders, Different Rules

It’s important to bear in mind that payday lenders vary in their requirements, and not every lender offers instant approval or funding. 

Some payday lenders will require you to bring personal checks or other more detailed financial information. Traditional lenders also tend to run credit checks before lending, so if you have poor credit they might turn you down. Your credit score can also be negatively impacted when a credit check is run. These are just some of the variations that you can find and that you should be aware of.

If you are looking for a payday loan in California, then you will want to consider carefully these differences and what they mean, especially in terms of what it means for the money you are borrowing from them. If you are looking for the easiest possible solution, apply with Cashback Loans online, where you can get a payday loan through a direct deposit option within minutes of applying. There are no credit checks involved and the requirements are straightforward, making it easy to borrow the money you need to see you through until payday.



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