Easy Loan Process
A Little About Us…
Since 1997 Payday Express has been the leader in providing convenient and affordable payday cash advances with locations throughout Los Angeles and Orange Counties to better serve you.
Getting a Payday Advance is quick, easy and confidential and it doesn’t matter if you have bad credit, no credit or a bankruptcy on your record. Just call or stop by any of our stores with the correct verification information and we can process your cash advance in minutes. To receive your payday advance you must bring the following items into the store for verification:
Payday Advances are a good short-term financial solution when an unexpected bill or expense catches you by surprise. Approval for a payday advance is much easier than a traditional type loan because we don’t run your credit and there is no qualifying requirement allowing us to process your cash advance quickly.
If you need cash today we can help. Give us a call at 888-596-6355 or email us and one of our friendly team members will help get you the cash you need today.
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13 Locations Across Southern California
Payday Cash Advance Fees/APR
Payday cash advance fees are based on a customer’s payday and are primarily used as a short-term lending solution or cash advance. Payday advances are not recommended for longer period loans. Payday advances charge a one-time fee for the advance instead of interest. This fee is 15% of the face value of the post dated check written to the Payday advance company and held until the customer’s next payday. For example, if a customer borrows a $100, they would write a check for $117.65 dated for their next payday. The $17.65 is 15% of the $117.65 and represents the fee charged by the Payday advance company. Payday advance are not renewable in the state of California. Customer may only have one payday advance with the same company at a time. Once a payday advance is paid back in full, (principle & fee) another advance can be taken out by that customer at any time. Payments of fee only are prohibited by state regulations regarding deferred deposit transactions. Annual Percentage Rates (APR) vary depending on the loan amount and length of time for which the advance is taken. APR’s range from 260%-700%. A payday advance with fees cannot exceed $300, for example a common advance would be $255 with a fee of $45. In this example, an advance taken with a time period of 14 days, the APR would be 460%.
Payday Express follows the Fair Debt Collection Practices Act (FDCPA) when collecting delinquent accounts. Returned check fees may not exceed $15 and No other fees may be charged for collection of your account. Payday Express does not report to any credit bureau or organization. However, if your account becomes delinquent and you do not make attempts to repay your debt, your account may be taken to small claims court for resolution. This may result in a judgment awarded by the court against the customer and that judgment would remain on the customers credit report until paid and cleared by the court. Also there would be additional fees awarded by a small claims court judge hearing the case to cover court costs, which would then be added to your account balance.
A customer cannot be criminally prosecuted or threatened with criminal prosecution for not repaying a payday advance. Payday Express may, but is not obligated, to enter into an agreement extending the terms and time to repay an advance, however, there are no additional fees or charges incurred by the customer receiving an extension. Each customer and situation is managed individually based on customer’s history and past performance.