Online Payday Loan Lenders Nearby in National City CA
National City is a town in southern San Diego County, California, with a population of 61,638 people. It is located in the South Bay section of the San Diego metropolitan area. National City, San Diego’s second-oldest city, is rich in history and contains historic landmarks and Victorian architecture. National City has a poverty rate of 18.25 percent and an average family income of $63,711.
That is why, under some circumstances, National City residents are permitted to take out small, quick loans. However, because of the higher interest rates and the necessity to keep you out of debt, such rapid loans are subject to specific limits. Due to rising interest rates and to keep you out of debt, the state has imposed a $300 limit on payday loans available in the state. These short-term loans feature a 31-day repayment period and a 460 percent annual percentage rate (APR), with a maximum financing fee of 15% for every $100 borrowed. There is also a $15 fee for not having enough money, and any illegal conduct is forbidden.