Frequently Asked Questions

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Payday loan Q & A – all your payday loan questions answered.

How many Payday Loans can I have at once?

You may have only one Payday Loan at a time with Payday Today.

How much can I borrow for a Payday Loan?

Under California law, the maximum amount a consumer can borrow in a payday loan is $300

How can I use a Payday Loan?

Your Payday Today payday loan can be used to cover expenses before you get your next paycheck. For example, if you need to pay rent, cover an unexpected medical bill, buy groceries, or even repairs to your car or motorcycle – payday loans can give you the extra cash you need right away.

Can I get a Payday Loan without a checking account?

Unfortunately no. California customers must have proof of an active, personal checking account that we ask to be open for at least one month.

Are all Payday Loan approvals guaranteed?

No. Not all who apply for a Payday Loan are approved, as certain criteria must be met. But the application process is quick and easy, it usually only takes a few minutes to find out if you are approved – CLICK HERE TO APPLY NOW!

Are Payday Loans regulated?

Yes. Payday Today follows all applicable California State and Federal laws and regulations. We follow all industry best practices to provide our customers with the most responsible personal loan services available.

Is my credit score checked or impacted when applying for a Payday Loan?

No. We do not run credit checks at Payday Today. However, your credit score may be affected if your balance goes into default.

What should I look for in a Payday Loan company?

When choosing a company for your Payday Loan, make sure to look for the following important signs:

  • The Payday Loan process should be simple, easy, and offer users access to knowledgeable staff, whether in store or online.
  • Make sure the website is secure. Consider looking for the security icon that states your information is safe and encrypted. Your URL within the top address bar should have a green padlock, signifying that this website is encrypted.
  • Your Payday Loan terms and rates should be clear. At Payday Today, we’re always upfront with your Payday Loan details.

What is the difference between an in store and online Payday Loan?

IN-STORE Cash Advance/Payday Loans allow you to visit our store and receive your money in person. The entire process typically takes about 15 minutes and could get you the money you need on the spot.

ONLINE Payday Loans give you the convenience of processing your loan completely online without the need to visit our store. Simply submit an online loan application and, if approved, the funds from this payday loan will be deposited directly into your bank account as soon as the same day.*

How and when will I know my Payday Loan has been approved?

Whether you apply in store or online, processing your completed application will only take a few minutes and you will receive an approval decision immediately.