In California, all payday lenders, whether they are operating a storefront or they are operating online, are required to be licensed by the Department of Business Oversight. They must post their California license and a schedule of fees at every location, including a website if they are online.
Regulating the fine line of payday lending in California is the California Civil Code
We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.
