Online Payday Loan Lenders Nearby in Madera CA
Madera is the county seat of Madera County in California. It is a pleasant area to live in and a secure environment in general. It has a population of 158,217 people. Madera has a poverty rate of 26.7 percent. Madera has a poverty rate of one in every 3.7 inhabitants. Furthermore, Madera’s average household income is $60,748, making it a low-income city in California. Though, because the cost of living is lower than California’s average, goods, services, and housing are all quite reasonable.
Madera has a variety of financial aid programs in place to assist people. To help customers, the state has permitted payday loans in certain instances and capped the total amount of payday loans accessible in the state at $300. These short-term loans have a 31-day payback duration and a 460 percent APR, with a maximum financing charge of 15% for every $100 borrowed. In addition, if finances are insufficient, a $15 fine is allowed; unlawful activities are prohibited in all instances. As a result, you’ll be more likely to change your mind; but, you must ensure that the refund will arrive on time; otherwise, you risk getting into trouble.