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

$$300

Max Loan Amount

Active Lenders

15 min

Approval Time

$139K

Population

Pasadena, California, nestled in the Golden State with a population of 138,699, is a vibrant city bustling with diverse industries. Residents enjoy an average income of $52,000 and benefit from a cost of living that's 10% below the national average. Amidst this economic landscape, payday loans offer a quick financial solution for those unexpected expenses that life occasionally throws our way. While the lending options might be limited due to state regulations, understanding the local financial environment can empower Pasadena residents to make informed borrowing decisions.

About Pasadena

Main Industries

$diverse industries

Avg Income

$$52,000

Cost of Living

$$-10% 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 Pasadena

In Pasadena, the lending landscape is unique with zero active storefront payday lenders. This means residents seeking payday loans will need to explore online-only options. Fortunately, the digital age offers numerous online lenders that cater to Californians, ensuring that Pasadena residents can still access the quick financial help they need. Despite the absence of physical stores, online payday loan applications can provide fast decisions and funding, albeit within the state's regulatory framework.

Compare Lenders in Pasadena

Lender	Loan Range	Typical APR	Best For	Apply

Representative Loan Example in Pasadena

Calculation

Loan Amount: $$500

Term: $14 days

APR: $460%

Fee: $$75

Total Repayment: $$575

Effective APR: $391.1%

⚠️ Important Notes

✓ For Pasadena residents earning $$52,000, this payment is Approximately 0.90% of monthly 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 Pasadena

✅ Advantages

✓ Process 100% online
✓ Decision in 15 min
✓ Available for Pasadena residents
✓ No collateral required
✓ Early repayment OK
✓ Fast access to funds

❌ Disadvantages

✗ Higher APR than banks
✗ Limited borrowing to $300
✗ Credit check required

💡 Expert Recommendation for Pasadena Residents

According to loan expert Rostislav Sikora, Pasadena's relatively low cost of living means that short-term payday loans can be a practical solution for immediate financial needs. However, it's crucial to stay informed about the high APR and to ensure that the repayment does not exceed 35% of your monthly income. Before signing any loan agreement, always compare the APRs and consider alternative options if needed.

Rostislav Sikora – Loan Comparison Specialist at Credizen

Frequently Asked Questions – Pasadena, CA

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

You can apply for a payday loan online through licensed lenders servicing California residents.

What's the max I can borrow in Pasadena?

In Pasadena, CA, the maximum amount you can borrow is $300 due to state regulations.

Can I get approved with bad credit in Pasadena?

Yes, many online payday lenders in Pasadena do consider applicants with poor credit scores.

Are there storefronts in Pasadena or is it online only?

Currently, payday loan options in Pasadena are online only, as there are no active storefront lenders.

How fast can I get money in Pasadena?

Online payday loans can often be processed within one business day, providing quick access to funds.

Is a credit check required for payday loans in Pasadena?

Some lenders may perform a credit check, but many focus more on your income and ability to repay.

Are payday loans a good option in Pasadena, CA?

Given the lower cost of living, payday loans can be a viable short-term option for urgent financial needs.

What fees should I expect for a payday loan in Pasadena?

Expect a 15% fee cap per state regulation, which is applied to the principal amount borrowed.

Can I repay my payday loan early in Pasadena?

Yes, many lenders allow for early repayment without penalties.

Ready to Compare Lenders in Pasadena?

Get matched with licensed CA lenders in minutes

Compare Lenders Now

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 Pasadena, 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.

Get Payday Loan Apply Now