SHORT ON CASH? NEED A HELPING HAND? GET A PAY DAY ADVANCE
Requirements are easy as 1,2,3.
1. Must have Open and active checking account(bring in your most recent bank statement)
2.MUST HAVE DIRECT DEPOSIT
3. A check from your checking account and your I.D.
Visit our location at 724 Highland Avenue, Suite B in National City, CA 91950.
NOTICE TO CUSTOMER
Information about the charges for your deferred deposit transaction is set forth below. A fee of $15 may be charged if a check you give to us is returned for any reason. You cannot be criminally prosecuted or threatened with criminal prosecution for purposes of collecting a deferred deposit obligation. We may not accept any collateral in connection with a deferred deposit transaction. This is a deferred deposit transaction made pursuant to Finacial Code Section 23035. This Transaction is not subject to the provisions of Civil Code Section 1719, and you cannot be required to pay treble damages if your check does not clear. The Department of Corporations toll-free number for receiving calls concerning customer complaints and concerns is:
1-866-ASK-CORP or 1-866-275-2677
DEFERRED DEPOSIT LOAN FINANCE CHARGES
LOANS RANGE from $21.50 to $255.00
Fee as a dollar amount
Fee as an APR
The finance charge for a deferred deposit loan is 15% of the face value of the check..
If check is returned unpaid we will report your account to Telecheck and Teletrack. As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.
ANNUAL PERCENTAGE RATE ("APR")
The APR is the cost of your loan expressed as a yearly rate.
The APR varies depending on the date the loan is due.
Fees / APR Calculated based on a typical 14 - day term
RIGHT TO RESCIND: You have the right to cancel this loan at any time before the close of business on the next day we are open following the loan date of this loan. If you decide to cancel the loan, within the rescind period there is no loan fee charged to you.
WHAT IS A PAYDAY ADVANCE?
It is a short term loan with payment due in full on borrower's next pay day. Borrower writes a postdated check to the lender
WHAT ARE THE REQUIREMENTS FOR A PAYDAY ADVANCE?
To qualify, you must have a checking account open for at least three (3) months in good standing with your bank, a permanent full time job(direct deposit), State-issued identification, verifiable mailing address and phone, at least 18 years of age and a U.S. citizen. SSI and Retirement recipients(direct deposit) are also qualified.
Federal law imposes limitations on credit available to active duty members of the armed forces and their dependents. Advance Pay Day Plus does not provide loans to active military members or their dependents.
HOW MUCH CAN I BORROW?
Payday loans are small loans usually given by direct lenders and are intended to help people manage short-term financial difficulty. The amount you can borrow depends on your total bi-weekly net income, normally 25% of your bi-weekly net income or $255 whichever is lower.
DO I HAVE TO HAVE DIRECT DEPOSIT?
Yes, at this time we only approve loans based on direct deposit pay.
WHAT IF I DONT HAVE A CHECK FROM MY CHECKING ACCOUNT?
We are able to assist you with printable checks in store.
HOW DO I APPLY?
IN store only. You must fill out a loan request form, provide your most recent bank statement showing direct deposit and your ID. we then run a TELETRACK report(this is not a credit report) to verify that you do not have any outstanding pay day advances with other companies(charge-offs).
CAN I APPLY IF I HAVE OTHER PAY DAY ADVANCES?
Yes, we base our approvals on ability to pay. As long as the loans are current and not in default we consider your income and the other loan amounts when making a decision of approval.
LICENSED BY THE DEPARTMENT OF CORPORATION.PURSUANT TO CA DEFERRED DEPOSIT TRANSACTION LAW . LOANS MADE OR ARRANGED PURSUANT TO A DEPARTMENT OF CORPORATIONS CALIFORNIA FINANCE LENDERS LAW LICENSE
Advance Pay Day Plus, Inc. 724 Highland Ave. Ste B, National City, CA 91950 Phone number:619-477-0712