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Oct 5, 2017 California law limits payday loans to $300, minus a maximum fee of 15%, or $45. Although state law prevents consumers from rolling over a payday loan into another one, they could pay off a loan and then shortly thereafter take out another loan from the same lender. payday loan cash advance indianapolis California regulates payday loans more than most states. Use our guide to track recent online payday loan rules and regulations in California. overnight cash advance loan Anti-Payday Loan Ordinances in Three Metropolitan AreasFintech LendUp fined for violations of payday and installment When You Can't Repay a Payday Loan - NerdWallet
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Under California law, the maximum loan amount a consumer can borrow in a payday loan is $300. The maximum fee a payday lender can charge is 15% of the face amount of the check (up to a maximum of $45).
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