Rates & Fees
California
Below we have outlined the features, terms, rates, and fees for all the financial services available to Qwik Cash Loans customers in this state. For more information, contact Qwik Cash Loans and speak to a customer service representative.
Loan Amounts
Loan Balances
Loan balance, including fees, cannot exceed $300.
Loan Terms
Maximum of 31 days
Permitted Fees
15% of the face value of the check. The fee charged for a deferred presentment loan is $17.65 per $100.00 borrowed. Please see your loan agreement for the APR and other terms applicable to your loan.
Finance Charge: $17.64 per $100 borrowed
Non-Sufficient Funds Fee: $15
Cooling Off Period
A customer may not enter into a new deferred deposit transaction within one business day of the completion of a previous deferred deposit transaction.
Example APR and Fee Schedule
Additional Information
Your Right to Rescind (Cancel) this Loan
A borrower may rescind a deferred presentment service agreement without cost for any reason, not later than the close of business on the business day following the date of the deferred presentment service transaction.
A customer cannot be criminally prosecuted or threatened with criminal prosecution to collect a delinquent deferred deposit transaction.
California law only allows each consumer to have one (1) deferred deposit loan with QwikCashLoans.com at a time.
Loan License & Registration
We are licensed and regulated by the California Department of Financial Protection and Innovation pursuant to the California Deferred Deposit Transaction Law.
Address:
Department of Financial Protection and Innovation Financial Services
320 W 4th Street, Suite 750
Los Angeles, CA 90013
Phone: (866) 275-2677
Email: Ask.DFPI@dfpi.ca.gov
License
