Payday Loans Modesto, CA – Compare Licensed Lenders (2026)

$$300

Max Loan Amount

Active Lenders

15 min

Approval Time

$218K

Population

Modesto, California, nestled in the heart of the Golden State, is home to a vibrant population of 218,464. With a diverse economic landscape, residents find opportunities across various industries, contributing to an average income of $58,000. The cost of living in Modesto is slightly more affordable than the national average, at 3% lower. In such a dynamic city, access to payday loans can provide a financial lifeline for those unexpected expenses that life may throw your way. Whether dealing with a sudden medical bill or an urgent car repair, payday loans offer a quick solution for Modesto residents.

About Modesto

Main Industries

$diverse industries

Avg Income

$$58,000

Cost of Living

$$-3% vs national avg

California Payday Loan Regulations

Max Loan Amount:$300

Max Term:31 days

Typical APR:460% (15% max fee)

Finance Charge:$45 maximum (15% of principal)

Regulatory Body:Department of Financial Protection and Innovation (DFPI)

Payday loans in California are capped at $300 with a maximum 15% fee ($45). Lenders must be licensed by DFPI.

Important: This information is current as of January 2026. State regulations may change. Always verify with your lender and state regulator before signing a loan agreement.

Where to Find Payday Loans in Modesto

In Modesto, the payday lending scene is currently dominated by online services, as there are no active storefront lenders in the area. While physical locations may be absent, residents can still secure payday loans via online platforms that serve California borrowers. This digital shift provides convenience for Modesto locals, who can access funds quickly without leaving their homes. Despite the absence of local lenders, the online market offers a wide array of options, ensuring that Modesto residents can still meet their short-term financial needs.

Compare Lenders in Modesto

Lender	Loan Range	Typical APR	Best For	Apply

Representative Loan Example in Modesto

Calculation

Loan Amount: $$500

Term: $14 days

APR: $460%

Fee: $$75

Total Repayment: $$575

Effective APR: $391.1%

⚠️ Important Notes

✓ For Modesto residents earning $$58,000, this payment is 3.45% of income
✓ Recommended: Keep monthly debt payments below 35% of income
✓ APR varies by lender and creditworthiness
✓ Always compare multiple offers before accepting

Advantages & Disadvantages in Modesto

✅ Advantages

✓ Process 100% online
✓ Decision in 15 min
✓ Available for Modesto residents
✓ No collateral
✓ Early repayment OK

❌ Disadvantages

✗ Higher APR than banks
✗ Limited to online lenders in Modesto
✗ Credit check required

💡 Expert Recommendation for Modesto Residents

According to loan expert Rostislav Sikora, Modesto's lower cost of living means that short-term payday loans can be a viable option for handling immediate financial needs. However, it's crucial to exercise caution and ensure that you can repay the loan without undue financial strain. Before signing, compare APR and ensure payment doesn't exceed 35% of monthly income.

Rostislav Sikora – Loan Comparison Specialist at Credizen

Frequently Asked Questions – Modesto, CA

How do I get a payday loan in Modesto, CA?

You can apply for a payday loan online from lenders serving California residents, as there are no local storefronts in Modesto.

What's the max I can borrow in Modesto?

In Modesto, the maximum amount you can borrow through a payday loan is $300, as per California state regulations.

Can I get approved with bad credit in Modesto?

Yes, many online payday lenders in Modesto consider applicants with poor credit, focusing more on income than credit history.

Are there storefronts in Modesto or is it online only?

Currently, Modesto does not have active payday loan storefronts, so online options are the way to go.

How fast can I get money in Modesto?

In Modesto, you can typically receive funds within one business day after your payday loan application is approved online.

What are the repayment terms for payday loans in Modesto?

Repayment terms for payday loans in Modesto are usually 14 days, aligning with California regulations.

Is there a fee cap for payday loans in Modesto?

Yes, California law imposes a 15% fee cap on payday loans, which applies to residents of Modesto as well.

What should I consider before getting a payday loan in Modesto?

Evaluate your ability to repay within the term, given the high APR of 460%, and ensure it aligns with your financial situation.

Are payday loans in Modesto suitable for long-term financial needs?

No, payday loans in Modesto are designed for short-term emergencies and not suitable for long-term financial solutions.

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Responsible Lending Notice: Payday loans are short-term financial products and should only be used for temporary cash needs. They are not a long-term solution for financial difficulties. Borrowers should consider other options before taking out a payday loan.

Regulatory Information: All lenders displayed serve Modesto, CA and are regulated by state authorities. For complaints or concerns, contact the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov.

Affiliate Disclosure: Credizen.net may earn a commission when you apply through our platform. This helps us keep our service free. We only work with licensed, reputable lenders.

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