Lomita is a community in Los Angeles County, California, United States of America. Los Angeles County provides police enforcement and fire protection services to the City of Lomita, which is a contract city. Its current population is 20,064, with a poverty rate of 10.50 percent and an average family income of $94,037. Additionally, the living expenses in Lomita are 46% greater than the average income.
Inhabitants in Lomita can take advantage of a variety of financial help options. The city has made payday loans available under specific conditions and established a cap of $300 on the total amount of payday loans that may be taken out in the state to help customers. The repayment duration for these short-term loans is 31 days, with a 460 percent annual percentage rate and a maximum financing cost of 15% for every $100 borrowed. If resources are limited, a $15 fine may be imposed; unlawful activities are always prohibited. As a result, you’ll be more likely to make a decision; nevertheless, you must have trust that your reimbursement will arrive on time; otherwise, you risk getting into trouble.