San Jose, CA Payday Loan Lenders

19 local stores from 8 companies located in San Jose, CA
Rating
Reviews
Lender
3.75
535
reviews
Ace Cash Express
Ace Cash Express
has 1 office
4.25
20
reviews
Advance America
Advance America
has 1 office
0
0
reviews
California Check Cashing Stores
0
0
reviews
Cash 1
Cash 1
has 2 offices
0
0
reviews
CashMax
CashMax
has 1 office
5.00
1
review
Check 'n Go
Check 'n Go
has 1 office
3.60
85
reviews
Check into Cash
Check into Cash
has 3 offices
4.00
1
review
Loan Depot
Loan Depot
has 1 office

All San Jose, CA Lenders Offices by Rating

Rating
Office Address
5.00
4 reviews
12M Bad Credit Loans
410 E Santa Clara St UNIT 805, San Jose, CA 95113 show on map
tel: 530-782-5658
Hours:
Monday: 8AM–6PM
Tuesday: 8AM–6PM
Wednesday: 8AM–6PM
Thursday: 8AM–6PM
Friday: 8AM–6PM
Saturday: 8AM–6PM
Sunday: Closed
5.00
1 review
Check 'n Go
2910 Stevens Creek Boulevard, Suite 107, San Jose, CA 95128
tel: 408-248-3800
4.35
27 reviews
Check into Cash
1317 South Winchester Blvd, San Jose, CA 95128 show on map
tel: 408-379-1164
Hours:
Monday: 10AM–6PM
Tuesday: 2–6PM
Wednesday: 10AM–6PM
Thursday: 2–6PM
Friday: 10AM–6PM
Saturday: 10AM–1PM
Sunday: Closed
4.25
20 reviews
Advance America
5568 Monterey Road, San Jose, CA 95138 show on map
tel: 408-225-0480
Hours:
Monday: 10AM–6PM
Tuesday: 11AM–5PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–6PM
Saturday: 10AM–2PM
Sunday: Closed
4.00
1 review
Loan Depot
2975 McKee Road, San Jose, CA 95127
3.75
535 reviews
Ace Cash Express
456 E Hedding St, San Jose, CA 95112 show on map
tel: 408-947-2072
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 9AM–7PM
Saturday: 9AM–5PM
Sunday: Closed
3.35
41 review
Check into Cash
1040-D So White Road Plaza, San Jose, CA 95127 show on map
tel: 408-926-6109
Hours:
Monday: 10AM–6PM
Tuesday: 2–6PM
Wednesday: 10AM–6PM
Thursday: 2–6PM
Friday: 10AM–6PM
Saturday: 10AM–1PM
Sunday: Closed
3.10
17 reviews
Check into Cash
4750 Almaden Expressway, San Jose, CA 95118 show on map
tel: 408-269-7810
Hours:
Monday: 10AM–6PM
Tuesday: 2–6PM
Wednesday: 10AM–6PM
Thursday: 2–6PM
Friday: 10AM–6PM
Saturday: 10AM–1PM
Sunday: Closed
0.00
0 reviews
Cashmax
1060 Willow Street #3, San Jose, CA 95125
0.00
0 reviews
Cash 1
1101 W. San Carlos St., San Jose, CA
0.00
0 reviews
Cash 1
3826 7 Trees Blvd, Ste 100, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
2471 Berryessa Rd, Ste 5, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
1720 W San Carlos St, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
1304 S Winchester Blvd., Ste 102, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
1075 S. White Road, Suite 90, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
2151 Story Rd, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
14706 Camden Ave, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
2417 Alvin Avenue, San Jose, CA
0.00
0 reviews
California Check Cashing Stores
4156 Monterey Road, Suite 30, San Jose, CA

Latest Reviews

Jessica Castaneda
1 / 5 Aug 13, 2021
about Check into Cash's office
1317 South Winchester Blvd, San Jose, CA 95128
Marcelo M.
1 / 5 Jul 29, 2021
about Ace Cash Express's office
456 E Hedding St, San Jose, CA 95112
Amy K.
1 / 5 Jul 27, 2021
about Ace Cash Express's office
456 E Hedding St, San Jose, CA 95112
Dominic Vigil
5 / 5 Jul 20, 2021
about Ace Cash Express's office
456 E Hedding St, San Jose, CA 95112
RON STEPHENS
5 / 5 Jun 13, 2021
about Advance America's office
5568 Monterey Road, San Jose, CA 95138
Stephen H.
3 / 5 May 31, 2021
about Ace Cash Express's office
456 E Hedding St, San Jose, CA 95112

I wanted to make a present for my girlfriend and my paycheck was not to be expcted until the following week. As the idea of a present came quite unexpectedly, I didn't have anything saved. Well, it has to be said that I liked the way these loans work. I especially liked it that no one asked me what I actally needed that money for. And they do not check credit gistoery, which is a definite advantage. ...

Dexter
5 / 5 Apr 15, 2013
about Check 'n Go's office
2910 Stevens Creek Boulevard, Suite 107, San Jose, CA 95128

Whenever we do anything for the first time, a little fear overpowers us when we think of the outcome. It was the situation when I applied for the payday loans after one of my friends helped me to settle my rent in the last week of month. I was little worried when he applied for payday loans on my behalf. Although he had fruitful experience with payday loans, in his past he wanted to extend the gratitude to me. I was surprised to witness the quick response I received when my phone rang within fifteen minutes. The voice on the other side was very warm and it inquired in soothing voice about different details their company wanted to know. After that I was guided to the nearest branch where I could take hold of my required cash. Again, it came as a surprise to me after I get to know their customer service and the friendly staff. Thanks to the payday loans and my friend who introduced to me this completely new horizon. ...

Kenneth
4 / 5 Mar 20, 2012
about Loan Depot's office
2975 McKee Road, San Jose, CA 95127

Payday Loans in San Jose

San Jose is a large city in Northern California, which has witnessed rapid economic growth, as it is placed in the middle of the Silicon Valley. It has attracted crowds of investors of all types, who have been fueling the city’s economy and made it one of the USA’s top economically developed cities. Today, San José is one of the nation’s most affluent cities with a notoriously high cost of living. It is home to scores of businesses and enterprises, banks, both large and small, and there are quite a number of payday loan lenders.

All registered payday lenders operate in strict accordance with a respective law established in California and stipulating the key parameters: the APR cap, loan size, fee size, etc. The most reputed lenders in San José are Check 2 Cash, Cashmax, Fast Credit Financial, Advance America Cash Advance, Tiny Cash Payday Loans San José, Lucky Money, etc. This segment began to develop and grow in the 1990s and received another boost in the late 2000s, in the times of the mortgage crisis. The biggest advantage of a cash loan, most clients say, is not having to have a perfect credit record and an opportunity to get cash online just moments after applying.

State Regulation

The law in San Jose (and in the rest of California) does allow to run a payday lending business, but there are caps and limits. For example, companies are not allowed to lend more than $300 or to grant any sum to someone who has not discharged a current debt yet. The max. loan term is 31 days, rollovers are not allowed. The maximal annual percentage rate is 460%, finance charges should not exceed 15% of the granted sum. These regulations should prevent borrowers from falling deeply into indebtedness.

Local Regulation

Municipal Code 20.70(table 20-140) and 20.80.1050 -20.80.1060 (Enacted in 2012)

Distance measure:

  • Payday loan stores cannot be closer than 1,320 feet from very low-income areas (San Jose was the first city that limits distance by income) and from another lender.

Cap of number stores:

  • San Jose has limited the number of payday loan establishments – just 38 new stores. If one store wants to close, another can open at the same place within 6 months.

San Jose Payday Loans Stats

The 2021 year, 17 payday loan storefronts (7 different companies) have active licensees in San Jose. (Source – DFPI)

  • Cash Central (California Check Cashing Stores, LLC): 8 stores (the oldest – from 24 Sep 2004);
  • Check Into Cash (Check Into Cash of California, Inc): 3 stores (the oldest – from 31 Dec 2004);
  • Cash 1 (Buckeye Check Cashing of California, LLC): 2 stores (works from 28 Mar 2007);
  • Cashmax: 1 store (works form 11 May 2016);
  • Cash Plus (Darren D. Pham): 1 store (works from 31 Dec 2004);
  • Advance America (Cash Advance Centers of California, LLC): 1 store (works from 31 Dec 2004);
  • ACE Cash Express (Populus Financial Group, Inc): 1 store (works from 6 June 2011);

San Jose General Information

San José was founded in 1777 and began to grow rapidly in the early 1800s, and in 1850 became the first capital of California. In the early 1900s, the city entered the period of industrial growth. It witnessed boom during WWI and WWII. In the 1950s, high-tech semiconductor companies began to settle in the Clara Valley and cemented the reputation of what we know as the Silicon Valley. The resulting economic and demographic growth fueled business activity on a global scale and indirectly contributed to the evolution of the local payday loan market. Actually, San José online payday lenders exist thanks to technologies developed in their home region.

Population and Residential Market

The Silicon Valley’s tremendous technological and industrial potential has made the place a great attraction for population. People arrive here from around the nation and the rest of the world. Therefore, San José’s population continues to grow and the local residential market continues to show rapid growth.

As of now, San José’s municipal population is 1,035,320; urban population is 1,821,900. The racial makeup is: there are 40.7% of whites, 34.8% of Asians, 32.3% of Hispanic, 3% of African Americans, and 0.6% of Native Americans. Just like in the rest of California and, mostly, the USA, the non-Hispanic white population is decreasing in relation to Hispanic whites and Asians.

The median age is 36.4 y/o, the unemployment rate is 6.4%. The family dual-income and household income are higher than in the rest of the nation: $59,600 and $96,662 respectively. Given the extremely high home value and rent size ($711,511 and $2338 respectively), home ownership is higher than in other Californian cities (57.5%). The annual rent burden is 22.5%. With affluence level, this high, payday lenders may have fewer reasons to worry about unpaid loans.

San Jose Today

San Jose is home to a huge number of world-famous high-tech companies. Lots of people are employed in governmental facilities. For example, Cisco Systems, a major manufacturer of hardware, software and telecommunications equipment, has a staff of nearly 15,000 employees. Headquartered in San José are Adobe Systems, Cadence Design Systems, Brocade Communications Systems, Altera, PayPal, Rosendin Electric, Lee’s Sandwiches, the North American headquarters of Samsung Semiconductor, and other companies.  Also, there are numerous major facilities of businesses based elsewhere.

San Jose Residents Debt-to-Income Ratios
San Jose residents have 734 median credit score and the average number of late payments is about 2.34. Below represented DTI (Debt-to-Income) ratios shows how San Jose residents debts stacks up against their income. As of 2020.
Credit Card DTI
3.53%
Mortgage DTI
565.26%
Car Loan DTI
21.74%
Student Loan DTI
24.62%
San Jose Residents Financial Statistics
Below represented statistics is for San Jose, Santa Clara County, California. As of 2019.
Median age of San Jose's residents, years
36
Labour force participation rate, %
68.4%
Unemployment rate, %
4.7%
% of residents with no health insurance
5.2%
Median individual income, USD
$40,993
Median household income, USD
$109,593
% of households with income under $35,000
16.0%
% of households with income $35,000 - $75,000
19.2%
% of households with income $75,000 - $100,000
10.7%
% of households with income over $100,000
54.2%
% of households that own their residence
56.8%
Median home value owned by residents, USD
$863,597
Median rent cost, USD
$2,107
Rent Burden, %
33.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
California Flag
San Jose, CA
Payday Loans are legal* in California.
Store
19 Local Stores
Company
8 Companies
Review
646 Reviews
Online
YES Online Loans