Turlock is a community in California’s Stanislaus County. It was the second-largest town in Stanislaus County after Modesto, with an approximate population of 74,101. Turlock has a poverty rate of 15.54 percent and a median household income of $78,813. Healthcare System & Service Sector, Retail Trade, and Manufacturers are the major industries in Turlock, CA, while Energy, Professional, Scientific, & Systems Integration, and Public Administration are the highest grossing.
Turlock, thankfully, has a number of initiatives in place to help people with their financial difficulties. Turlock has allowed payday loans in specific instances and capped the total amount of payday loans that may be taken out in the state at $300 to help clients. These short-term loans have a 31-day repayment duration and a 460 percent rate of interest, with a maximum financing cost of 15% for every $100 borrowed. In addition, if resources are limited, a $15 fine may be imposed; criminal activity is prohibited under all scenarios.