Regulations of Payday Loans in Citrus Heights, CA
The amount of money that payday lenders will give to their borrowers depends on the income of the borrower. Lending businesses generally do not allow borrowers to apply for payday loans in Citrus Heights (CA) which are higher than their income because of obvious reasons. Certain circumstances however may make it possible for borrowers to borrow more money. Bonds will be used which will indicate that the borrower has borrowed additional money from the loan provider. A criminal offense will be given to the borrower if he/she does not settle his bonds on time. Additionally, his/her payday loans will be counted as bad credit and may immediately disqualify him/her from making loans in the future.