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Find the Best Payday Loans in Sacramento, CA

by Sandi Pope ConsumerAffairs Research Team

A payday loan is a short-term, high-interest loan that is a cash advance on the borrower’s next paycheck. More than 1.6 million different customers took out a payday loan in California in 2018. We researched the best payday loans in Sacramento so you can get approved for up to $300 in cash as soon as today.

Top 12 Sacramento Payday Loan Companies

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There were more than 10 million payday loans provided by 182 licensed lenders throughout California in 2018, according to the California Department of Business Oversight. The average payday loan amount in the state was $250.

Customers of all ages and income levels take out payday loans in California, but they are most popular among those aged 32 to 41 and those with annual incomes of $10,000 to $30,000. Borrowers use payday loans to pay for emergency expenses, like medical bills and auto repairs, or ordinary costs of living.

Sacramento payday loan laws

You can get a payday loan in Sacramento of up to $300 for a maximum term of 31 days. Payday lenders can charge a maximum fee of 15%, which is $45 on a $300 loan.

Loan amountMaximum fee
$100$15
$200$30
$300$45

The annual percentage rates (APR) on 14-day and 31-day loans with maximum fees are 391% and 177%, respectively. Payday lenders in California are required to post a fee schedule at every location.

If you are unable to pay back a payday loan, you can’t go back to the payday lender for a new loan, but you can request an extension. The lender doesn’t have to accept your request, but it can’t charge extra fees if it does. If your check bounces, the lender can charge a one-time fee of up to $15. A payday lender cannot make threats to prosecute you in criminal court for failing to repay a payday loan.

To be certain the payday lender you are using is legitimate, check its license with the California Department of Business Oversight.

Payday loan requirements in Sacramento, CA

To get a payday loan in Sacramento, you need:

  • A valid, government-issued ID
  • An active checking account
  • A working phone number
  • Proof of steady income

Requirements vary from lender to lender, but one thing you won’t need to qualify is perfect credit. Many payday lenders in Sacramento don’t even run full credit checks on applicants.

The best way to figure out exactly what’s needed is to go to a payday lender’s website, call the company or stop by a payday loan store in Sacramento. You may be able to apply online, over the phone or in person. If you apply in the payday loan store and are approved, you can walk out with cash right away. If you complete the entire application process online or over the phone and are approved, expect an electronic deposit of your funds in one to two business days.

Sacramento payday loan FAQ

How do I get a signature loan in Sacramento?
A signature loan is a type of personal loan guaranteed only by the borrower’s signature. Unlike a payday loan, which most borrowers pay back in one single payment, a signature loan is paid back in installments. Depending on the lender, there may be higher credit requirements to qualify for a signature loan than a payday loan. You generally need a valid ID, Social Security number or Taxpayer Identification Number, an active checking or savings account and proof of steady income.
What kind of loan can I get with bad credit?
You can get a payday loan with bad credit in Sacramento. If you have a vehicle, you can also consider a title loan, which uses your auto title as collateral. You may also be able to get other types of personal loans, including signature loans, even if you have bad credit.
What are some alternatives to payday loans in Sacramento?
There are plenty of payday loan alternatives in Sacramento. These include borrowing money from family members or friends, taking out a loan from a bank or credit union, asking for extensions from creditors or requesting a payday advance from your employer.

Not sure how to choose?

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    Sacramento payday loan company information

    USA Cash Services

    With USA Cash Services, you can apply for an online payday loan or an in-store payday loan at any of five Sacramento-area locations. Requirements include a verifiable income, checking account and government-issued ID. USA Cash Services has a helpful calculator on its website that calculates your loan fee, total amount owed and APR.

    • Address: 1350 Fulton Ave., Sacramento, CA 95825; Multiple locations
    • Phone: (916) 971-3500
    • Hours: M - F: 10am - 6pm; Sat: 10am - 2pm
    • Website: usacashservices.com
    Fast Auto and Payday Loans Sacramento

    Fast Auto and Payday Loans offers payday loans from $100 to $255 in as little as 30 minutes. To qualify, you need to be at least 18 and have a state-issued ID, a recent pay stub and an active checking account. Get started by filling out an online form or calling any of the Sacramento-area Fast Auto and Payday Loans locations.

    • Address: 6160 Florin Road, Ste. B, Sacramento, CA 95823; Multiple locations
    • Phone: (916) 233-1590
    • Hours: M - F: 10am - 7pm; Sat: 9am - 4pm
    • Website: fastautoandpaydayloans.com
    Cash Loan 888

    Cash Loan 888 approves borrowers for payday loans within 30 minutes and gives same-day cash up to $255. Call or fill out a form on the website to apply. All that’s needed is a government-issued ID, blank check, two bank statements, proof of income and two personal references. Cash Loan 888’s website is available in Spanish.

    • Address: 5550 Franklin Blvd., Ste. 103, Sacramento, CA 95820
    • Phone: (916) 573-4949
    • Hours: M - F: 9:30am - 6:30pm; Sat: 10am - 5pm; Sun: 10am - 4pm
    • Website: cashloan888.com
    RPM Lenders

    RPM Lenders provides payday loans of up to $255 to Sacramento residents. To get started, fill out the short form on the company’s website, and a representative calls you to confirm details and answer any questions. Then head to RPM Lenders’ Sacramento location with your ID, bank statement and a blank check, and get your cash in minutes.

    • Address: 8343 Folsom Blvd., Sacramento, CA 95826
    • Phone: (916) 363-0333
    • Hours: M: 10am - 7pm; T - Th: 10am - 6pm; F: 10am - 7pm; Sat: 9am - 4pm
    • Website: rpmlenders.com
    CashMax Sacramento

    CashMax approves payday loans from $50 to $255 in less than 15 minutes with no credit check or first-time setup fees. Apply online, over the phone or at locations in Sacramento and Citrus Heights. CashMax gives a $15 reward for referrals. Go to the CashMax website to see a chart with finance charges and APRs.

    • Address: 2650 El Camino Ave., Ste. B, Sacramento, CA 95821; Multiple locations
    • Phone: (916) 649-1755
    • Hours: Call for hours
    • Website: cashmaxloans.com
    by Sandi Pope ConsumerAffairs Research Team

    Sandi Pope previously worked in the nonprofit sector as an advocate for environmental and social change and believes information access is a human right. As a member of the ConsumerAffairs Research Team, she seeks to provide consumers with the necessary information needed in making life-altering decisions.

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