Getting a payday loan from CashMax is fast, easy and secure.
Here's how it works:
Step 1: Complete our easy loan application
Our loan application is fast, easy and secure. It only takes about few minutes.
All you need to apply for a loan from CashMax is an email address, active
checking account, and steady source of income.
Step 2: Sign your loan documents
Agree to loan terms by electronically signing your loan documents.
Step 3: Receive funds in your account
Your checking account will be electronically credited the next business
day for application approved by 4:00 PM PT.
Applications approved after 4:00 PM PT will be processed next day.
|Deferred Deposit Transactions Sample
|ANNUAL PERCENTAGE RATE
The cost of your credit as a yearly rate. (Assumes a 14-day term)
|ANNUAL PERCENTAGE RATE
The cost of your credit as a yearly rate. (Assumes a 30-day term)
||TOTAL OF PAYMENT(S)
||NUMBEER OF PAYMENTS
Late/Non-payment:If your payday loan payment
is due and we're unable to withdraw funds from your checking account, the
payment will be sent to collections. A $15 returned check fee may be charged;
however, CashMax will not collect any additional fees.
Loan renewals: In accordance with California law, your loan must
be paid in full by the due date. You are eligible to re-loan at any time
once the loan is paid in full.
CashMax will collect in accordance with the principles of any applicable
federal regulations at all times. CashMax may attempt to contact borrowers
via one or more authorized methods, including phone calls and emails, to
arrange for payment.
Impact to Credit Scores:
CashMax may report late or missed payments to the credit bureaus. This can
negatively affect your credit score. Consumers with credit difficulties
should seek credit counseling.
Payday loans should be used for short-term financial needs only, not as
a long-term financial solution. Customers with credit difficulties should
seek credit counseling before considering payday loans. Services offered
to California Residents only.
CashMax is licensed by the Department of Financial Protection and Innovation pursuant to
the California Deferred Deposit Transaction Law and California Finance
Lenders Law. Payday loans made pursuant to a Department of Financial Protection and Innovation
California Deferred Deposit Transaction Law License. Car title loans made
or arranged pursuant to a Department of Financial Protection and Innovation California
Finance Lenders Law License. Customer cannot be prosecuted or threatened
with prosecution to collect on a deferred deposit loan.