A payday loan, a brief financial boost, assists with urgent expenses until your next paycheck. Commonly referred to as cash advances or short-term loans, they provide quick relief but often entail high-interest rates.

There are multiple pros of getting a payday loan with Podesticlending

• One pro is that they are easy to apply for, access is easy because we don’t have as many requirements as other types of loans or lenders.
• No collateral is needed and we don’t check your credit with Transunion, Experian, or Equifax.

The con’s of getting a payday loans are mostly related to the use of the product, it is not a solution for long term financial problems and it is important to understand the fees. When used as a short term solution most of the cons are eliminated.

Online Convenience: Podestic Lending exclusively offers payday loans online. Skip the trip to a physical store; complete the entire transaction from your computer or phone. Apply now for hassle-free access to funds!

As a short-term cash advance, the payday loan process is straightforward:

• Apply for your payday loan.
• Get approved.
• Upon approval, receive cash at a storefront or have funds instantly deposited into your checking account with a participating bank. If instant funding isn't available, receive funds by the next business day.
• Repay the loan in full, plus the finance charge, typically by your next payday.

Applying for a payday advance loan with Podestic Lending incurs no application fee. However, for the actual advance, a percentage or dollar amount based on the loan amount applies. Fees vary depending on your state's regulations and the maximum borrowing limit permitted.

To apply for a payday loan, whether in-store or online, you'll need the following:

• A valid, open, and active checking account.
• A consistent source of income.
• A government-issued photo ID.
• An active phone number.
• A valid email address.

To be eligible for approval for a payday advance, you must meet the following criteria:

• Meet minimum age requirements.
• Have a valid, open, and active checking account.
• Demonstrate a steady source of income.
• Provide an active phone number.
• Have a valid email address.
• Possess a valid government-issued ID.

The borrowing limit is dictated by state law and your eligibility. Please select your state.

Certainly. To operate in California, all payday lenders, whether online or storefront, must hold a license from the Department of Financial Protection and Innovation (DFPI). Podestic Lending, LLC, operating as Podestic Lending, is a licensed payday lender.

Payday loans typically do not appear on credit reports maintained by the three major credit reporting agencies (Experian, Equifax, TransUnion), thus having minimal impact on your credit scores. However, failure to repay your loan, leading to debt collection by your lender, might prompt reporting to these agencies, potentially affecting your credit.

Absolutely! Should your check bounce, a payday lender can levy a single bounced check fee, capped at $15. Any further fees cannot be imposed if you seek an extension or payment plan. However, the decision to grant your request rests with the payday company and is not mandated by law.

There's no security interest involved in a payday loan transaction. The borrower writes a check for the loan's total amount, which is then either repaid or deducted from their account on their following payday, within a timeframe of up to 31 days.

Payday loans in California adhere to a fixed rate structure. According to state regulations, payday lenders are limited to charging a maximum fee of 15% of the check amount, capped at $45.