Lynwood is a township in the county of Los Angeles, California. Compton, South Gate, Paramount, and Watts all share this border. Overall, the city of Lynwood is a safe place to live and should be seriously considered when making a living decision. Lynwood has a poverty rate of 17.83 percent and an average household income of $66,896. Industrial, Retail Trade, and Medical Services & Social Assistance are the main industries in Lynwood, CA, while Utilities, Management Services, and Investment, and Finance pay the greatest wages.
Lynwood residents have access to a range of financial assistance programs. To assist clients, the city has made emergency payday loans available under certain conditions and set a ceiling of $300 on the total amount of payday loans that can be taken out in the state. These short-term loans have a 31-day repayment period, a 460% annual percentage rate, and a max financing cost of 15%. A $15 fine may be levied if resources are limited; illegal behaviors are always forbidden. As a result, you’ll be more inclined to make a decision; but, you must have faith in the timely delivery of your refund; otherwise, you risk getting into problems.