Payday Loans in Bakersfield, CA Near You

In Bakersfield, California, payday loans are available from $100 to $300, and you can easily apply online to get the cash fast. Even those with bad credit may qualify for this type of short-term loan. A guarantor or collateral is not required, making it ideal if you struggle to get accepted by banks due to a bad credit score.

Fast Loans From Direct Lenders ($100 - $35,000):

While lenders reserve the right to do credit checks, this is often a soft search that does not affect your credit rating, and applying online often means you can reach multiple lenders with one loan request.

Our directory of payday lenders in Bakersfield can help you find the solution that's best for you. And, while you won't know the exact interest rate or terms before going through the application process, we only link to direct lenders who are legally licensed to issue payday loans in Bakersfield, so you know you'll be getting a competitive rate and everything is above board.

As long as you are over the age of 18, a resident of Bakersfield, have a bank account in your name, and are in full-time employment, you are eligible to apply for a payday loan. What's more, if you are approved by a lender you could see the money in your account in as fast as one working day!

Is payday lending legal in Bakersfield, CA?

All cities in California fall under the state's payday lending regulations, meaning payday loans are completely legal in Bakersfield. However, there are some restrictions and protections to ensure borrowers don't get into financial trouble.

Payday loan terms are only available on loans up to $300 – amounts higher than this fall under installment loan regulations, though lenders often combine applications to make the process easier.

This means you have to repay loans up to $300 within 31 days, in one lump sum, which should give you enough time to get your next pay check. The finance charge or interest will never exceed more than 15% per $100, which translates to an APR of around 460%.

Borrowers are only permitted to take out one payday loan at a time but are free to apply for another one as soon as they've made the repayment. Lenders are not permitted to extend, renew or rollover existing payday loans beyond the maximum 31 days. If you fail to make the repayment you can only be charged a further $15, though your credit score will almost certainly be impacted.

Payday loan alternatives in Bakersfield

Payday loans are designed for the specific situation of not being able to cover your outgoings for that month. They can be viewed as an advance on your wages, just not from your employer.

With that in mind, you shouldn't consider a payday loan if you are in a different kind of financial predicament or cannot make the repayment when you next get paid.

For example, if you need to borrow more than $300, then an installment loan repaid over a longer period of time is a better solution.

Likewise, payday loans are designed for those that don't have access to savings, credit cards, or who have been rejected by the banks and larger lenders due to a poor credit history. If you can get funds via these traditional methods, it will likely be cheaper in the long run than a payday loan.

Bakersfield

Bakersfield information:

Population: 383,601
Average car ownership: 2
Median age: 31.6
Median household income: $60,002
Homeownership rate: 59.2
Median property value: $257,200

Eligibility requirements for payday loans in Bakersfield, California

If you wish to apply for a payday loan in Bakersfield, California, there are a few requirements you must meet before proceeding. If you meet these it is completely legal to take out a payday loan of up to $300.

  • You must be at least 18 years old to borrow money in the United States.
  • You must be a legal resident of Bakersfield with an address from which you can reached.
  • You must have a bank account with basic checking facilities so the loan can be quickly issued, and the repayment automatically taken.
  • You must be in full time employment or self-employment, or otherwise earn a regular income of at least $1,000 per month to ensure you have the means to make repayment.
  • You must not already have an outstanding payday loan.

Other than that, there is no collateral or guarantor required, and even those with bad credit are routinely approved for reasonable amounts.

Payday loans are available for the following Bakersfield zip codes: 93301, 93304, 93305, 93306, 93307, 93308, 93309, 93311, 93312, 93313, 93314, 93303, 93389, 93383, 93381, 93387, 93384, 93382, 93390, 93388, 93385, 93380, 93386, 93302.

If you are in Bakersfield, you can get started today by using our loan request tool or you can browse the directory of lenders to find one that suits you.

Why get a payday loan online in Bakersfield (CA)?

While Bakersfield is home to many payday loan stores, it is increasingly popular to apply online with a licensed lender. This is because you do not have to drive to the physical location and wait in line, nor fill out any physical paperwork.

Everything is completed online with direct lenders, so you will know quickly if you have been approved. If you digitally sign the lender's agreement during the working week, the cash may be deposited into your account within one business day - perfect if you are in an emergency and need fast cash.

Furthermore, if you use our loan request tool you can pass your details through a network of over 100 payday lenders in Bakersfield, so you don't have to spend to applying one-by-one and risking multiple application searches on your credit report.

List of Payday Loan Companies in Bakersfield, CA:

4128 Chester Ave, Bakersfield, 93301

(661) 631-2520

2707 S H St Ste A, Bakersfield, 93304

(661) 837-9932

6465 Niles St, Bakersfield, 93306

(661) 366-2000

1523 Panama Ln, Bakersfield, 93307

(661) 837-1848

2600 Buck Owens Blvd, Bakersfield, 93308

(661) 637-2020

6300 White Ln, Bakersfield, 93309

(661) 832-6782

4521 Ming Ave, Bakersfield, 93309

(661) 396-3700

2600 Oswell St Ste C, Bakersfield, 93306

(661) 872-0686

2353 N Chester Ave, Bakersfield, 93308

(661) 387-9285

3811 Ming Ave, Bakersfield, 93309

(661) 827-8680

6077 Coffee Rd Ste 1, Bakersfield, 93308

(661) 829-1387

6300 White Ln Ste G, Bakersfield, 93309

(661) 835-3560

5410 Stockdale Hwy Unit B, Bakersfield, 93309

(661) 859-1216

4128 Chester Ave Ste F, Bakersfield, 93301

(661) 325-8003

1539 White Ln, Bakersfield, 93307

(661) 834-2811

4521 Ming Ave, Bakersfield, 93309

(661) 831-4788

3790 Ming Ave, Bakersfield, 93309

(661) 831-4788

10000 Stockdale Hwy Ste 370, Bakersfield, 93311

(661) 728-1012

1731 Hasti Acres Dr Ste 211, Bakersfield, 93309

(800) 229-3703

307-309 N Chester Ave, Bakersfield, 93308

(661) 399-7402

3300 White Ln, Bakersfield, 93309

(661) 831-4534

3424 Stine Rd, Bakersfield, 93309

(866) 866-3901

1918 19th St, Bakersfield, 93301

(661) 283-8833

4117 Ming Ave, Bakersfield, 93309

(661) 834-6831

2695 Mt. Vernon Avenue Suite F, Bakersfield, 93306

(661) 872-3700

2350 White Ln Ste B, Bakersfield, 93304

(661) 398-8098

2621 Oswell St Ste 109, Bakersfield, 93306

(661) 872-9726

4476 Ming Ave, Bakersfield, 93309

(661) 835-9299

3699 Ming Avenue Suite A, Bakersfield, 93309

(661) 837-2244

2665 Calloway Drive Suite 214, Bakersfield, 93312

(661) 589-1113

721 Airport Dr, Bakersfield, 93308

(661) 393-9011

2080 White Lane, Bakersfield, 93304

(661) 396-7900

1800 23rd St Unit A, Bakersfield, 93301-3946

(661) 328-1192

1800 23rd St, Bakersfield, 93301

(661) 479-0438

3810 Niles St, Bakersfield, 93306

(661) 479-0454

2222 N Chester Ave, Bakersfield, 93308

(661) 479-0399

5301 Olive Dr, Bakersfield, 93308

(661) 479-0441

309 N Chester Ave, Bakersfield, 93308

(661) 399-7425

3300 White Ln, Bakersfield, 93309

(661) 831-4534

2660 Oswell St Ste 115, Bakersfield, 93306

(661) 872-9955

3122 Niles St Ste B, Bakersfield, 93306

(661) 873-2274

Fast Loans From Direct Lenders ($100 - $35,000):