Online Payday Loan Lenders Nearby in Torrance CA
Torrance is a community in Los Angeles County, California, United States, that is part of the Los Angeles metropolitan region. The city is located in the South Bay portion of the Los Angeles metropolitan area. The cost of living in Torrance, California is 63 percent more than the national average. The cost of living in any given place varies depending on a variety of factors, including your profession, average wage, and the local real estate market. Torrance has a poverty rate of 6.87 percent and an average family income of $118,289.
If you are a Torrance, California native who is suffering financial difficulties, the community can help you in a number of ways. Payday loans and other unsecured loans up to $300 are now permitted. You must, however, be over the age of 18 and a citizen of the United States. According to state legislation, these short-term loans have a 31-day repayment period and allow company owners to charge 15% interest on every $100 borrowed, totaling a 460 percent interest rate. In addition, if you don’t have enough money, you’ll be charged $15, and you won’t be able to do anything criminal.