A process of gradual, peaceful, progressive change or development, as in social or economic structure or institutions.
We are a licensed, bonded and insured California lender and strive to help you with your short term financial needs. As a licensed lender we strive to follow all Local, State and Federal Laws. We have three locations but currently only offer online loans from our Milpas branch. Soon we will be offering loans for all three of our locations.
Our Milpas branch (401 N. Milpas Suite A-1, Santa Barbara, CA 93101 ) is located at the north west corner of North Milpas St and East Gutierrez St in beautiful downtown Santa Barbara. Our office hours are Monday Through Friday 9:00 am – 6:00 pm and on Saturday’s 9:00 am- 2:00 pm. Besides visiting us in person you may also call us at 805-899-2274 or via email.
You can apply for loans at one of our three convenient locations.
Our Maximum Loan Amount is $255.00, and our finance rate is 15% of the face amount of the check.
The Annual Percentage rate (APR) for our loans or the cost of credit as a yearly rate is 214% to 461% depending on the length of the loan. For specific examples see chart below.
If your loan is delinquent maximum amount we can collect is the original amount borrowed (principal) plus the original finance fee and the return check or item fee of $15.00. No other fees or interest will be charged.
We follow all state and federal collection laws and we do NOT use or threaten to use criminal process to collect.
You are notified that we may forward your information to a third party collection agency if you fail to fulfill the terms of your credit obligations.
You are notified that a negative credit report reflecting on your credit record may be submitted to a credit-reporting agency if you fail to fulfill the terms of your credit obligations.
We do not allow renewals and the loan must be paid in full on the due date.
2037 S. Broadway Santa Maria, CA 93458-3825 805-922-1350