Frequently Asked Questions: California Installment Loans

Our answers to your most frequently asked questions

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Q: What is a California Installment Loan?

This MoneyKey Substantially Equal Payment (SEP) Installment Loan is a loan product that is repayable in substantially equal installments. For customers who receive their income on a bi-weekly, semi-monthly and weekly basis, the loan is repayable in thirty-six (36) installments. For customers who receive their income on a monthly basis, the loan is repayable in eighteen (18) installments.

Q: What are the minimum requirements to apply for online Installment Loans in California?

To qualify for California Installment Loans, you must:

  • Be 18 years of age or older
  • Be a US citizen or Permanent Resident
  • Be a California resident
  • Have an active bank account
  • Have a regular source of income
  • Have a valid contact number and an active email address
Please note that we currently do not offer credit products with rates that allow us to lend to active members of the US Armed Forces and their dependents.

Q: Where can I get Online Installment Loans in California?

MoneyKey currently offers Online Installment Loans to California residents. If you live in California, you may qualify for a MoneyKey loan. Whether you live in the busy cities of Los Angeles, San Diego, or in a quiet town such as Apple Valley, applying for a MoneyKey Installment Loan is fast, secure, and friendly.

Q: How much can I borrow online in California?

The MoneyKey California Installment Loan amount is $2,600. Whether an individual will be approved is dependent on certain qualification criteria. Complete our online application form to find out if you qualify for an Installment Loan.

Q: How much will my Installment Loan cost in California?

Please visit our California Installment Loan Rates and Terms page for more detailed product information.

Q: Will you call my references?

If we need to get in touch with you about your account, but are unable to reach you, your references may be contacted. We will never disclose the nature of your business with MoneyKey to your reference(s) or employer(s).

Q: Do I need to fax or email in any documents?

In most cases, you will not need to fax or email us any documents; however, if we require additional information which we are unable to verify over the phone, we may ask that you send us documentation either via fax or email.

Q: When do I receive my Installment Loan?

If your California Installment Loan is approved before 5:30 PM PST from Monday through Friday, or before 3:00 PM PST on Saturday or a Sunday, the funds may be available in your bank account the following business day*.

*The date and time the funds are made available to you by your bank is subject to your bank's policies.

Q: When do I pay back my Installment Loan?

The California Installment Loan term is approximately eighteen (18) months. For customers who receive their income on a weekly, bi-weekly, and semi-monthly basis, the loan repayment schedule consists of thirty-six (36) substantially equal scheduled installments. For customers who receive their income on a monthly basis, the loan repayment schedule consists of eighteen (18) substantially equal scheduled installments.

If you want to make an early payment, or make a larger payment to pay down more of your principal, you may do so at any time by contacting MoneyKey by phone at 1-866-255-1668. There are no penalties associated with such payments. MoneyKey encourages you to pay your loan off as quickly as possible to reduce the amount of finance charges you will pay in connection with the loan.

Q: How do I check my account status?

Log in to your account to view your account status.

Q: How do I update my information? (Change in email address, mailing address, employment or banking information)

You can update your account information by calling 1-866-255-1668 and speaking with one of our friendly Customer Care Agents, who will be happy to update your information for you.

Q: Why am I not receiving emails from MoneyKey?

MoneyKey sends important emails including payment reminders, confirmations and promotions. To make sure you receive these emails please add customercare@moneykey.com to your address book.

If our emails are not making it into your inbox, please check your spam folder.

Additional Questions

If you have any additional questions, please contact us at 1-866-255-1668 or chat with us online, and one of our Customer Care agents will be happy to answer any questions you may have.

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