Online Payday Loan Lenders Nearby in Reseda CA
With a population of roughly 81,824 people, Reseda is a neighborhood in the San Fernando Valley district of Los Angeles, California. For many years, the neighborhood was devoted to agriculture. Reseda has a poverty rate of 19.4 percent of the population. Despite the fact that 9.3% of Reseda inhabitants are employed, they live in poverty. Furthermore, Reseda’s housing costs are higher than the national average, earning it a 2 out of 10 rating.
As a solution, Reseda provides short-term loans, such as payday loans, to those who want immediate financial assistance. When asking for a quick cash loan in town, you must demonstrate that you are a legal American resident who resides in the state and that your income is consistent. A payday loan in California can be for up to $300, with a maximum duration of one month and a maximum interest rate of 15% on each $100 borrowed. Furthermore, refinancing a loan does not incur any additional costs. Repossessions are not permitted, nor are cooling-off periods between loans, and only one current loan can be kept at any given time.