What are $255 payday loans online?


$255 payday loans online are the specific loan amount that refers only to those issued in California. Under California law, you can borrow a maximum of $300, but the lender can charge a maximum of $15 per $100 loaned to you, or $45.00. This means you can actually only borrow $255.00 (in your bank account) because you will have to repay the loan in the amount of $300 total including the fees. This is the most common loan in California because it is the maximum allowed for payday loans. Installment loans can be higher amounts as they have lower interest rates and can be paid back over longer time periods. Most states have limits of $500 to $1,000 for payday loans. A few states do not allow payday loans.

The process of $255 payday loans online is simple and easy to complete. Start by filling out a short, loan request form right from your smartphone. After submitting, your request is viewed by 100 direct payday lenders or more depending on the information you provided. This is done in 90 seconds or less. If approved, the lender contacts you directly to go over your loan terms and conditions and, if you agree, your cash is deposited into your bank account the next business day.

To be eligible for a $255 California payday loan online, you simply have to meet some basic criteria. The most basic things are:

  • Be at least 18 years of age
  • Provide a working email address and phone number (usually your cell)
  • Provide your home address
  • Provide income information even if from an annuity, disability, or other sources
  • Provide identification proof

A lender may request some additional information depending on your situation. All states require the same basic information to get started.

Getting a $255 online payday loans at CashOne is fast, easy, and secure. CashOne is not a storefront lender where you have to drive and waste time and money only to be rejected. We are an online payday loan referral source with many licensed lenders looking to assist you. We have been in business for more than 10 years and served over 500,000 Americans in times of need. You can trust CashOne when looking for quality lenders.


If you complete the short $255 payday loan online request form today and are approved by a lender you can have your cash in just 1 business day. Business days exclude holidays and weekends.

The actual process from completing the form to connecting directly with your lender (if approved) is less than 5 minutes for almost all people.

It is rare to get same day funding for $255 payday loans online as it takes a little time for lenders to process your paperwork. If you request a loan and are approved, talk to your lender if you need same day cash. A few lenders can do same day funding, but most cannot. Also, the time of day of your request makes a big difference. If you apply early in the day, it may be possible to get your funds before the end of the same day.

Yes, you can get $255 payday loans online even if you’ve bad credit. Lenders expect you will have poor credit which is why you have requested an online payday loan. There are no credit checks for payday loans. Your income monthly is the primary determinant of your ability to repay your loan and the main reason you will qualify.

Lenders will accept early loan payoffs and some, but not all, will reduce their fees for doing so. Ask your lender before you accept a loan offer if they reduce fees for early payoffs.

No, hard credit checks are not used to qualify for $255 online payday loans. Other factors are much more important, primarily your income monthly.

Yes, as noted above, $255 payday loans online in California are legal and given quite often.

Yes, of course. Most states allow higher loan amounts so if you reside outside of California you may get a $255 payday loan online or more.