About Payday Money Centers

Payday Money Centers is a payday lender with 19 store locations in California. The company was founded in 1997 and claims to provide 20,000 payday loans a month. Its main offices are in Anaheim, California. As well as payday loans, Payday Money Centers also provides check cashing, auto title loans and money orders.

How Do Payday Money Centers Work?

Payday Money Centers offers small loans to people with bad or no credit. Borrowers can download the loan application online and fill it in at home, but they must visit a Payday Money Center to collect their money. Eligible applicants can pick up their money immediately.

What Are The Interest Rates at Payday Money Centers?

As with most payday loans, the cost is calculated as a one-time fee. For instance, a $50 loan has a $8.80 fee, while a $255 loan has a $45 fee. This is the equivalent of 214% or a 460% APR, depending on whether you choose a term of 30 days or 14 days.

How Much Money Can I Borrow From Payday Money Centers?

Under California law, the maximum a consumer can borrow in a payday loan is $300. This includes the loan fee, which is a maximum of 15% the loan amount. Payday Money Centers charges the maximum 15% on loans, therefore it can only provide loans of up to $255.

Which States Do Payday Money Centers Operate In?

Payday Money Centers only has locations in California. It has locations in Downey, Orange, Westminster, Anaheim, Los Alamitos, Fullerton, Lake Forest, Huntington Beach, Tustin, Orange Main, Whittier, La Mirada, Encinitas, San Diego, Chula Vista, Escondido, E. San Diego, Pacific Beach and Moreno Valley.

What Is the Application Process Like at Payday Money Centers?

Applicants must complete a short form requesting their name, address, employment, income and attach a recent bank statement, proof of income and proof of residence. The form can be downloaded online but it must be filed in person at a Payday Money Center location.

How Are Payday Money Centers Better Than Other Lenders?

Payday Money Centers has over 18 years of experience offering fast loans to people with bad or no credit. The rates are high but competitive when compared to the fees charged by other payday lenders. It has 19 locations throughout California, so Californians are likely to live close to one of their stores.

  • Advance Fee APR
    214% - 460%
  • Desired Loan Amount
    $50 - $255
  • No Credit Check
  • No Other Outstanding Loans
  • Direct Deposit
  • Instant Decision
  • Online Application
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0 votes

I hate this company, I went to the Downey store and the manager thinking she is all that, was so rude and disrespectful with the lady next to her, I couldn't get the lady's name but the manager names is Veronica, i was feeling so bad with that poor lady. I didn't want to continue with my process for pay day loan because if a company treat their employees bad imagine how they treat their customers, and since i walked in and for a payday loan she was all the ... time with a nasty attitude. If you have that type of people working for you is bad for your business. I went to speedy cash and they helped me, I did qualified for the max. More Less

0 votes

I couldn't believe that I got turned down by these guys because they said I already had other payday loans out. If that were true, I wouldn't need to get a loan in the first place! How can I fix something that doesn't exist?

0 votes

Payday Money Centers really helped me out of a bind. My power was going to be shut off and the utility company wouldn't work with me anymore. Payday was only a week away but I couldn't sit in the dark that whole time. Payday Money Centers helped me keep the lights on.

0 votes

I like very many centers, because they offer loans to people like me with questionable credit. The process is easy because you can fill out the application from your home and pick up the money down the street at one of their many locations in Orange County. I am within driving distance of the least three locations which is pretty awesome

0 votes

These people totally screwed me over on a payday loan. I wish I never got involved with them in the first place. I was much better off before dealing with them than I am now for sure!

0 votes

For a payday loan, their rate is probably among the best. It seems rediculously high but all payday loans are like that. If you need money in a hurry, I would recommend them.

0 votes

I wasted so much time with these people – I was there for over an hour filling out their forms and answering all of their questions. I gave them everything they asked for but they couldn't get in touch with either of my references so they wouldn't approve me. Huge waste of my afternoon!

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