Wednesday, February 3, 2010

California Cash Advance in San Diego

California cash advance

Same Day Cash Advances in CA

If you currently reside in San Diego, California and you need to borrow quick cash you might want to do some research on same day cash advance in California. Most payday lenders can have you cash within the hour if you qualify. There are many payday lenders that claim to qualify over 90% of applications. The only restriction is that you have employment verification and a bank account.

Borrowing money through a payday loan company in California is not extremely difficult. Some states have made it very difficult to borrow money through these lenders but California is not one of those states. If you live in or around San Diego CA area you should be able to find several direct lenders that can help you borrow money.

Same Day Payday Advance San Diego

It is very important to understand that you are going to have to pay fees for the money that you borrow. Most states regulate these fees somewhere between $15 and $35 for every $100 you borrow. Currently, in the state of California payday advance fees are regulated at $17.65 for every $100 you borrow. It is important to note that this is the maximum amount of fees and you are likely to find a better deal than this.
One thing that is of the utmost importance is that you make sure you can pay this same day payday advance off with your next paycheck. If you cannot pay the loan off with your next paycheck you are going to find that the fees reset and you will have to pay them once again. If you borrow $100 with $15 in fees and you cannot pay cash advance loan off with your next paycheck you will end up paying $130.
This is the exact reason that many financial planners feel that California cash advance are not a good idea. Unless you are 100% certain that you can pay this loan off with your next paycheck you should not consider a same day cash advance in San Diego.

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