In times of financial need, Los Angeles citizens can get a personal loan to lighten the burden somewhat.
These loans offer benefits like convenience and accessibility since they have more lenient requirements than loans from other financial institutions like banks and credit unions.
Here is some important information about Los Angeles personal loans that you should keep in mind before applying.
- Maximum APR: 36%
- Maximum Loan Term: 60 months
- Maximum Loan Amount: No legal limit, usually $100,000
- Prepayment Penalty: No penalty after 36 months
Note that your lender’s policies may affect factors like your APR, maximum loan amount, and loan term.
For Los Angeles residents, applying for personal loans is quick, convenient, and easy. Start your loan application process today to find out which loan is best for you!