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Home > California > Los Angeles

Personal Loans Locations in Los Angeles, CA

Personal Installment Loans in Los Angeles, California: What to Know

LoanFAP is a direct lender serving residents of Los Angeles, California (population 12.0 million, Los Angeles County). Apply online in minutes and receive a same-business-day decision. Personal installment lending in California is governed by Cal. Fin. Code § 22303, § 22304.5.

California Installment Loan Rules — Summary for Los Angeles Borrowers

Up to 36%Max APR (tiered)
$10,000Loan Amount
6 months–1.5 yearsLoan Term
RequiredLender License
May applyPrepayment Penalty

A $1,000 loan repaid over 18 months at 24.0% APR runs about $66.72 a month, or about $1,201 in total.

California caps APR in tiers by loan amount — the full schedule is on the California loan rules page linked below.

Governing law: Cal. Fin. Code § 22303, § 22304.5

Full California installment loan rules → California Personal Installment Loan Guide

More Resources for Los Angeles Residents

Explore LoanFAP’s resources for Los Angeles residents: Installment Loans in San FranciscoInstallment Loans in San DiegoInstallment Loans in RiversideInstallment LoansPersonal LoansPersonal Installment LoansBad Credit LoansCash Advance LoansPayday LoansEmergency Installment LoansEmergency Loans for Bad CreditOnline Installment Loans No Credit Check$500 Loans for Bad Credit.

Have a general question about installment loans? See our Loan FAQ.

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