Calexico is a suburb in southern Imperial County, California. It is economically tied to Mexicali, the capital of the Mexican state of Baja California, due to its location on the Mexican border. It’s a little town with limited variety, but it’s a safe place where everyone knows everyone. This city has a population of almost 39,331 people and a cost of living rating of 96.2 out of 100. Moreover, the poverty rate in Calexico is around 22.8%.
If you live in Calexico and are facing financial troubles, payday loans are a viable option. Fast loans are legal in the city, according to state law, although there are certain restrictions. When applying for a fast cash loan in California, you must show that you are a lawful US citizen who resides in the state and that your earnings are reliable. In the city, a payday loan can be up to $300 and for up to a month, with a maximum interest rate of 15% for every $100 borrowed. There are no extra charges for extending a loan. Repossessions, as well as cooling-off periods between loans, are not authorized, and only one active loan is allowed.