Loans
How our loans work:
1. In most cases, we just need four pieces of information:
Official Identification: a California ID, consular identification, or passport.
Proof of Income: a recent pay check or pay stub.
Social security number or I.T.I.N.
Proof of residence: a phone or utility bill, for example.
*** All Loan Applications are subject to credit approval ***
2. Loan applications are reviewed, and a decision is usually made within 48 hours.
3. Approved loans are funded with a check to the borrower.
4. Payments are made in equal installments until the loan balance is zero.
Loans Terms
Our model is based on a relationship lending philosophy: we don’t sell loans; we establish relationships so that we can better provide for our customer’s future needs. A personal referral from one of our customers is our best sign of success.
Terms:
- * Loan amount: $3,000.00 to $10,000.00.
- * Interest rate: 36%, fixed.
- * Term: 12 to 48 months.
- * Administrative fee: $75.00(added to loan principal – no upfront cost).
- * Collateral is not required.
Our proprietary credit scoring model allows us to lend even when our customers have little or no credit history. Payment terms are tailored to our customers needs: weekly; bi-weekly, twice-monthly, or monthly depending on their pay cycles. Most of our customers choose to pay in person at the branch, but payments can also be mailed. We report repayment history to the credit bureau to help our customers build their credit histories.
Convenient Location
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We are conveniently located in:
San Francisco
2091 A Mission Street,
San Francisco, CA 94110
Visit or call us at: (415) 552-5032
Oakland
1620 – 2B High St. Oakland, CA 94601
Visit or call us at: (510) 868 – 9301
Our Business Hours:
Monday - Friday 10:00 AM to 6:00 PM
Saturday 10:00 AM to 3:00 PM
Sunday Closed
CFL License # 6053874
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