Online Payday Loan Lenders Nearby in Thousand Oaks CA
Thousand Oaks is a wealthy city in southern Ventura County, California, that is part of the United States’ Greater Los Angeles Area. With more than 75 miles of trails and 15,000 acres of natural open space, it is also recognized for its leisure facilities. It is ranked 7th among the top ten wealthiest cities with populations of over 100,000 people. Thousand Oaks’ average household income is $145,052, with a poverty rate of only 5.18 percent.
However, if you live in Thousand Oaks and run into financial difficulties, payday loans may be a reasonable solution. Under state law, fast loans are permitted in the city, however, there are certain limits. In order to get a quick cash loan in the state, you’ll need to show documentation of your eligibility, such as proof of age, a stable source of income, and proof of residency. In Thousand Oaks, California, you may apply for a maximum of $300 with quick approval and no documentation. If the amount outstanding is less than $30, payday lenders are not authorized to charge more than $1 for every $5 borrowed. Despite the fact that the loan length is only 14 days, the maximum annual interest rate for a $100 loan is 309%.