Under the California Deferred Deposit Transaction Law, a payday loan check may not exceed $300, and the fee is limited to 15% of the check amount. The loan term cannot exceed 31 days. These are short-term products; larger installment loans in California are separately capped at 36% APR.
Key limits in California
- Maximum loan amount: $300
- Maximum term: 31 days
- Cost note: Fee capped at 15% of check amount
Figures can change — always confirm current limits with the official source below before borrowing.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.