BEST
PRACTICES
PRACTICES
California Financial Service Provider Facts
Payday loan customers MUST have a checking account and a steady source of income.
Payday loans are often less expensive than other short-term credit or real-life alternatives like, fees and interest for bounced checks or overdraft protection.
Regulated by the California Department of Corporations, the ONLY cost for a payday loan is the fixed, up-front fee.
Consumers are protected if a payback problem arises.
