Santa Maria (CA) Payday Loan Full Disclosure
As in all other states, payday loans in Santa Maria, California must comply with full disclosure requirements. The exact definition of the term may differ from state to state. But the basics remain the same. That the final loan docs must show in the first page, the following:
- Exact amount to be borrowed
- Number of days until the loan is payable
- Total cost for borrowing (The breakdown can follow on another page).
Tip: pay special attention to the breakdown of costs. You want to make sure that all costs you are being charged are necessary, legal, and reasonable in amount.