Requirements for a Payday Loan in Glendale
If you’re considering a payday loan in Glendale, here’s what you’ll usually need:
- Government-issued photo ID (for identity verification)
- Proof of income or employment (pay stubs, benefits statements, etc.)
- Active checking bank account details
- Phone number and valid address
- Be at least 18 years old
Note that some lenders might have different requirements.
Getting a Payday Loan With Third-Party Lenders
If you’re a Glendale resident who needs quick funds, you can start the process with our quick inquiry form. Your request will be forwarded to and reviewed by third-party lenders.
After pre-approval, you’ll receive a tailored offer. Glendale borrowers may be able to get their money in as little as 1-2 business days, depending on the lender.
Bad Credit Payday Loans in Glendale
Borrowers with short-term financial needs but bad credit may still be able to get payday loans. Lenders will typically consider the borrower’s capacity to repay rather than their credit score.
However, note that bad credit loans may come with different terms, like lower borrowing amounts and shorter terms.
California Laws and Regulations on Payday Loans
California has a few rules to regulate payday loans:
- Loan Amount Cap: Maximum of $300 per loan
- Fee Cap: Lenders can charge up to $45 in fees per loan
- Term: Loans must be due in 31 days or less
- APR disclosure: Lenders must show the true APR offer on all contracts
- No rollovers: You can’t refinance or extend a payday loan
- Limit per borrower: Only one payday loan is allowed at a time from licensed lenders
Conclusion
Payday loans in Glendale can help supplement your income a bit, and their requirements are pretty simple—but they come with strict limits and high fees.
Remember to borrow only what you can repay, and repay the loan on time to prevent your credit score from taking a dip.
Make a loan inquiry with our quick online form, and receive your cash in as little as 1-2 business days after accepting a loan offer.
FAQs
Payday loans are short-term, high-fee loans due in full by your next income paycheck—unlike installment loans, which are repaid over a longer period of time in smaller amounts.
They don’t usually require a credit check and are approved much faster, but the costs per dollar borrowed are typically higher.
Though the flat fee on a payday loan may seem small (e.g., $15 per $100 borrowed), the short repayment term means the APR can exceed 400%. That’s because APR reflects the cost over a full year, even if you only borrow for two weeks.
If you’re ready to get started, you can fill out our quick inquiry form. Our secure form will connect you with trusted third-party lenders.