There are many reasons why you may need a payday loan—an unexpected bill, an injury, a surprise gift you forgot to buy. Whatever the reason, it can put you in a bind that requires you to get that much-needed cash fast. 

In this kind of situation, a payday loan can be just the thing you need. Payday loans allow you to get access to funds quickly rather than wait for your next paycheck to come around so you can cover any unexpected costs now. 

Unfortunately, even though many California lenders have made it so payday loans can be approved more quickly and can even be applied for online, you still often have to wait days for the loan to actually be deposited into your account. Having to wait for your payday loan really defeats the point of getting one, since you need the funds as soon as possible, so it’s valuable to look at other options that can get you the funds you need as soon as you need them.

payday loan

So what’s the fastest way you can get a payday loan in California? Let’s take a look:

How Do California Laws Factor In?

A payday loan can be approved much more quickly than the average loan, and the repayment length as determined between the lender and the borrower is usually over a period of days rather than months or years. This makes payday loans generally much quicker to get than other loans, but how do California laws factor in when it comes to getting a payday loan?

It’s important to know that California limits payday loans to $300, so if you’re looking to borrow more than that, a bigger loan may take longer to get. Payday loans can be taken out for a period of no longer than 31 days, and the maximum finance charge is 15% for every $100 and 460% APR. They also prohibit rollovers, extension fees, or taking out more than one payday loan at a time. 

That means the fastest way to get a payday loan by California law is to work with a reputable lender who adheres to these terms and who offers no more than $300 for a payday loan. 

Can I Get My Payday Loan Deposited Immediately?

Even though many California lenders offer payday loan applications and quick approval online, most payday loans can take a few business days to actually be deposited in your account. This is a huge disadvantage for many people in need of a payday loan, as the whole point of getting this short-term loan is to get the funds now rather than later.

However, at Cashback Loans in California, we offer a fast deposit option that makes us one of the quickest lenders in the industry. Within a matter of minutes, you can submit an online application, be approved, and have the loan direct-deposited in your account. 

With other lenders, you may have to go into their physical offices to collect your funds or wait 1 to 2 business days or more for the ACH transfer to go through. Using Cashback Loans’ fast deposit payday loan option is a great alternative because the whole process can be completed from wherever you are and the funds can be deposited within minutes of being approved.

getting a payday loan

How Can I Apply for an Immediate Payday Loan?

You can fill out our online application for a payday loan at any time by answering a few simple questions, after which you can be approved and sent funds instantly. The terms of the loan will be clearly outlined so you know when and how you need to pay off your loan. 

We understand that emergencies can happen at any time, and when they do, you need the funds to cover them right away. Why wait until tomorrow for the financial aid you need today? 



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