Please read this disclaimer carefully before using Snap Loans Cash. It explains what our service is, what it is not, and the California rules that apply to payday loans for Sacramento borrowers.
We are a connection service, not a lender
Snap Loans Cash does not lend money, make credit decisions, or charge you any fee. We are a loan-connection service that may match your request with third-party lenders licensed to operate in California. Any loan you receive comes from an independent lender, on that lender’s terms, which you should read in full before you accept.
California payday loan rules
Payday loans (called “deferred deposit transactions”) are legal in California under the Deferred Deposit Transaction Law (Cal. Fin. Code §§ 23035–23037 and 23036.5). Under that law:
- A loan may not exceed $300, measured by the face amount of the check.
- The fee may not exceed 15% of the check (a maximum of $45 on a $300 check).
- The term may not exceed 31 days.
- Rollovers are prohibited — a lender cannot reuse the same check or let you pay off one loan with another.
- You may have only one deferred deposit transaction outstanding at a time, verified through a statewide database.
Cost example
A $300 loan with a $45 fee (15%) over a 14-day term works out to roughly a 460% APR. Payday loans are short-term, higher-cost credit and are not intended for long-term financial needs. Please consider lower-cost alternatives first.
Regulator and complaints
California payday lenders are licensed and regulated by the California Department of Financial Protection and Innovation (DFPI). Rules on this page were verified on July 15, 2026 and may change; always confirm current terms with your lender and the regulator.