FAQ Page

CaliforniaLoansOnline.com is not a direct lender, but rather works with a network of lenders. Our lending partners offer four types of loans: bad credit loans, average credit loans, good credit loans and business loans.

If approved, you can receive your funds in as little as one business day. You will then have anywhere from 6 to 60 months to repay your loan, depending on the terms of the loan agreement. The APR for personal loans varies, with many providers offering rates between 5.99% and 35.99%.

You may qualify for a personal loan if you meet the requirements. To be eligible for a personal loan, you must have a valid, state-issued ID, a regular income, a checking account, and a minimum credit score of 500. You don’t have to have perfect credit to get approved for a loan; however, it’s true that the higher your income and credit score are, the more likely you are to get approved by a lender. Apply Now.

CaliforniaLoansOnline.com’s lending partners may do a “soft” or “hard” pull on your credit score to determine eligibility. Typically only a “soft” pull is done initially and then a “hard” pull may be done later on in the loan process. “Soft” credit pulls do not impact your credit score. “Hard” credit pulls typically take five points or less from your credit scores.

We only work with US lenders and US residents currently. However, we do plan to work with international lenders to serve non-US customers in the future.

Loan amounts range from $1,000 up to $35,000, depending on which lender you choose.  Keep in mind that the amount you will be able to obtain will depend on many different factors as determined by our lending partners.

Since we work with several lenders and a variety of loan products we are unable to quote you an exact APR. However, if approved most personal loan offers will have an APR between 5.99% and 35.99%.

If you are approved for a personal loan, you will be forwarded a loan agreement, where the lender will explain their specific terms and conditions, including your repayment amount. Review these terms and conditions carefully before you sign the agreement.

Soon after you have formally accepted the loan, the funds will be deposited directly into your bank account. As with any money transfer, the exact amount of time it will take for the deposited funds to become available will depend on the time of the loan approval and your bank’s specific policy.

Your loan request may be approved within minutes. Once you have been approved by your lender, reviewed their policies, and then signed a loan agreement, your funds should be available as soon as the next business day. Again, the exact availability timeframe will depend on the lender’s deposit process.

Repayment of a personal loan is a very simple process. We work with lenders who have online systems available to take electronic payments and manage your account. Each of our lenders also has customer service agents who are happy to take your payment by phone.

All of the CaliforniaLoansOnline.com lending partners accept payment through electronic fund transfer. You might be familiar with the process if you pay your bills online. With electronic fund transfer, every month on the due date you have determined with your lender, the payment will be withdrawn from your account automatically. You won’t have to worry about late payments.

Most payment plans are set monthly but there may be other payment options available. To request a different payment plan, we suggest that you contact your lender directly.

If you think you won’t be able to make a payment, you should contact your lender immediately. Their customer support team might be able to offer you a later courtesy due date. As well, if you have already missed a payment, you should contact the lender directly. They are there to help. You may be able to make a new payment arrangement that is better suited to your current budget. Whether you are late on a payment or are unable to make a payment, get in touch with your lender directly so they can assist you.

CaliforniaLoansOnline.com is not a direct lender. We connect consumers seeking personal loans with our direct lending partners. There is no charge or fee for our service. The offers that appear on this site are from third party lending partners from which CaliforniaLoansOnline.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The offers on the site do not represent all lenders or loan offers available in the marketplace.