California
Rates (Click here to view our license)
Pre-Notice
Loan Charge: We charge a non-refundable Finance Charge equal to 15% of your total payment to us. For example, if you need $100, you will pay back $117.65. Our charge of $17.65 will be deducted from this amount.
Dishonored Check Charge: If your ach/check is returned unpaid, you will be charged an additional fee of fifteen dollars ($15).
No Penalties: You cannot be prosecuted in a criminal action in conjunction with a deferred deposit transaction for a returned check/ach or be threatened with prosecution. The law does, however, permit us to sue you to collect the amount you owe us.
Complaints: If you have a complaint or concern, you may call our office at (888) 280-3322 or the Department of Corporations at (866) 275-2677.
No Collateral: The law does not permit us to take collateral for your deferred deposit loan.
The Law: Your check is being negotiated as part of a deferred deposit transaction made pursuant to Section 23035 of the Financial Code and is not subject to the provisions of Section 1719 of the Civil Code. You will not be required to pay treble damages if your check does not clear.
SCHEDULE OF FEES |
AMOUNT
PROVIDED |
FEE* |
AMOUNT
OF CHECK |
ANNUAL PERCENTAGE RATE** |
|
|
|
14 DAY APR |
30 DAY APR |
$50.00 |
$8.82 |
$58.82 |
459.90% |
214.62% |
$75.00 |
$13.23 |
$88.23 |
459.90% |
214.62% |
$100.00 |
$17.65 |
$117.65 |
460.16% |
214.74% |
$125.00 |
$22.06 |
$147.06 |
460.11% |
214.72% |
$150.00 |
$26.47 |
$176.47 |
460.07% |
214.70% |
$175.00 |
$30.88 |
$205.88 |
460.05% |
214.69% |
$200.00 |
$35.30 |
$235.30 |
460.16% |
214.74% |
$225.00 |
$39.71 |
$264.71 |
460.13% |
214.73% |
$255.00 |
$45.00 |
$300.00 |
460.08% |
214.71% |
* This fee is 15% of the face amount of the check.
**The Annual Percentage Rate (APR) for your specific transaction will depend on the amount provided and the duration of your loan. Please see your loan disclosure for your specific transaction APR.
Fees
| Description |
Amount |
| NSF
|
$15.00
|
|
