What is $255 Payday Loans?
$255 payday loans is the receive amount when consumer in California borrow $300 and deduct fee $45. The maximum loan amount in California cannot exceed $300 and most lender can charge is 15% fee up to maximum of $45. This is the word "$255 payday loans". However Can consumer outside California get $255 payday loans? The answer is "Yes" but the maximum loan amount and Payday Loans Law in any state are different then If you need it just try to apply and beware for a loan fee.
Why $255 in California?
Because California Payday Loans Laws, A consumer in California can borrow in a payday loan cannot exceed $300. Most payday lender can charge is 15% of the face amount of the check (up to a maximum of $45). A 15% fee is equivalent to an annual percentage rate (APR) of 460% for a two-week loan then when you borrow $300 and pays the $45 fee then receives $255 in cash.
How can I borrow $255?
You can get $255 at Payday Loan Store or Online Loans today but we recommend our online loans service because our process is simple to borrow $255. Just complete the application and you may be able to get your loan application approved in just minutes. Getting a $255 loan can be as easy as 1-2-3.
Online Process to get $255
Everyone can get $255 payday loans even outside California because The payday loans laws are different in any state.
California Payday Loans
In California, all payday lenders - whether a storefront or online - must be licensed by the Department of Business Oversight if they are going to do business in the state. For example, a borrower writes a $300 check, pays the $45 fee, and receives $255 in cash. The lender does not cash the check until the borrower’s next payday, up to 31 days.
Tips: Borrowers in California must know
Paydayloanonline.com work with a direct lender all state in USA that payday loans are legal then you can get your cash from every where and every time. Get Cash Now.