Rates & Terms – California

California Rates & Terms

Online Payday Loans

California Deferred Presentment Transaction Schedule of Charges and Fees:

Amount Provided Fees Amount of Check 14-day APR 30-day APR
$100 $17.65 $117.65 460.16% 214.74%
$150 $26.48 $176.48 460.16% 214.74%
$200 $35.30 $235.30 460.16% 214.74%
$255 $45 $300 460.16% 214.74%

Example Finance Charges

Advance Amount

(amount financed)

Finance Charge

(cost of loan)

*Assuming all payments are made as scheduled

Check Amount

(principal plus finance charge)

APR** 460.16% APR for a 14-day loan term

214.74% APR for a 30-day loan term

**Annual Percentage Rate: The APR is the total cost of your loan expressed as a yearly rate. The above APRs are based on example loan terms of one payment (“Check Amount”) due in 14 or 30 days. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.



No Criminal Prosecution:

You cannot be prosecuted or threatened with prosecution in a criminal action for a returned check in connection with a deferred deposit transaction.

Returned Check Charge:

If, after a deposit, your check is returned to us unpaid, you will be charged a one-time returned check charge of $15.


California Department of Financial Protection & Innovation Brochure (English)

Folleto del Departamento de Protección e Innovación Financiera (Español)


Online Payday Loan Questions:

How much money can I get?

Residents of California may be eligible to receive up to $255 with an online payday loan from Sunshine Loans.

When will I have to pay back my loan?

A payday loan is only meant to satisfy your short-term cash needs and will be due to be paid back on your next pay day.

Can I get an extension on my loan?

In accordance with California law, your loan must be paid in full on your due date. If you find yourself in need of more money, you may re-apply once your previous balance in paid in full.