2/22/2023
The state of California is the biggest economy in the United States and one of the biggest in the world. If you already live there or plan to, you know that you will find a way to get ahead.
Since we know that sometimes the paycheck is not enough, we think it is important to show you how to get personal loans in Riverside (CA), one of the most crowded city of the region.
You may be interested in: How to get personal loans in San Diego (California)
Where to get personal loans in Riverside (CA)
The credit culture is very widespread in the United States and there are more and more options available to you to get personal loans in Riverside or any other city.
In this regard, you have loan stores, online platforms, national/community banks, credit unions and other alternatives.
- Loan amount: between $ 100 and $ 35,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 6.63% and 485% APRAddress: 1125 E. Broadway #545, Glendale, CA 9120
- Loan amount: between $ 500 and $ 50,000
- Term: entre 15 days y 120 months
- Extra:Fast loans up to $50,000 for whatever you want.
Interest rates from 6% to 439% APR
Finansi Group SL - Calle de las Barcas 2 Piso 2, 46002, Valencia
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 1728 months
- Extra:Fast online loans even with bad credit.Interest rates between 5.99% and 35.99% APR
3315 E Russel Rd Ste A-4 Box #105, Las Vegas, NV 89120
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 36 months
- Extra:Interest rates between 5.99% and 35.99% APRAddress: Chief LLC, 2661 N Pearl St #431 - Tacoma, WA 98407
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 3 y 720 months
- Extra:Interest rate from 5.99% to 35.89% APRAddress: 278 EAST 1875 SOUTH Roosevelt, UT 84066
- Loan amount: between $ 50 and $ 2,500
- Term: entre 7 days y 12 months
- Extra:Fast loans online and offline, even with bad credit.Interest rate starting at 83% APR.Address: 300 E. John Carpenter Fwy, Ste. 900, Irving, Texas, 75062
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 6 y 72 months
- Extra:Interest rate from 5.99% to 35.99% APR - 216 E 4th St, Austin, TX 78701
- Loan amount: between $ 300 and $ 5,000
- Term: entre 14 days y 12 months
- Extra:Consult with the entity the interest rate and the APRAddress: 2929 Floyd Street, Burbank 91504 CA
- Loan amount: between $ 200 and $ 5,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,500 and $ 20,000
- Term: entre 24 y 60 months
- Extra:Fast online and offline loans, also securedInterest rate from 18% to 35,99% APR
Address: OneMain Holdings, Inc. 601 N.W. Second Street Evansville, IN 47708-1013
- Loan amount: between $ 200 and $ 5,000
- Term: entre 14 days y 24 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 500 and $ 12,000
- Term: entre 24 y 60 months
- Extra:Secured personal loans up to $12,000 Interest rates from 24% to 35,99% APR
Address: Regional Management Corp. 979 Batesville Road, Suite B Greer, SC 29651
- Loan amount: between $ 200 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,000 and $ 25,000
- Term: entre 12 y 60 months
- Extra:Quick cash loans, mortgages and auto loans.Interest rates from 16% to 35,99% APR
Address: Mariner Finance, LLC. - 8211 Town Center Drive, Nottingham, MD 21236
Conditions for personal loans in Riverside
The first thing you should know is that California has some strict rules against usury and practices that promote unfair competition.
For this reason, there are limitations on origination fees and stop payment fees on amounts less than $5,000. Likewise, there is a limit on interest rates if you borrow less than $2,500.
Whatever your motivation for getting a personal loan in Riverside, there are several elements you should consider first:
- APR. According to the law, no quick loan over $2500 and under $10K can have a rate higher than 36%. For amounts below or above, this rule does not apply, so you will have to analyze your options well to know how much you will end up paying.
- Term. Many of these secured and unsecured personal loans give you a reasonable amount of time to pay back the money. The average term starts as early as 3 months and extends up to 5 years. This term will vary depending on the lender and your credentials.
- Amount. As a general rule, this financing is more generous than payday and car title loans, which handle small-dollar amounts. So you can get at least $50,000 or more, depending on the online platform or lender.
- Score. Your score reveals how your credit behavior has been, and it's important to take care of it. Usually, you will need a score of at least 660, but there are also options starting at 580. If your score is lower, you will not lack alternatives, you will just have to assume a higher interest rate and other limitations.
Payday loans and other popular options
Although we do not promote the use of these payday loans, we know that they are widespread in several states (legal in 36). This is because you can walk into a credit store and ask for one without a lot of requirements.
Their biggest problem: they have exaggerated APRs that exceed 100% and can go up to 1,500%.
Instead, we suggest you opt for financing with more favorable conditions:
- Secured loans: they are indicated for those who have some asset that serves as collateral. They are good to build your history or to obtain cheaper rates. The only detail is that, if you stop paying, you may lose the collateral you have included as backing.
- Co-signer loans: this financing is especially suitable for those who have a very recent credit history or have a medium/low income. The cosigner helps you obtain a lower APR, friendlier terms and higher amounts. However, you must keep in mind that if for any reason you default, the co-signer will be the one who assumes your debt.
Brief history of Riverside
The area we now call Riverside was once inhabited by the Serranos and Coahuilas in the early 1800s. Later, John W. North (founder of Minnesota), would purchase some of the land to promote the development of the area.
After announcing the formation of a colony in 1870, Canadian and English investors arrived to promote its prosperity.
This city is located in Riverside County, about 50 miles southeast of Los Angeles. It is part of what is known as the Inland Empire metropolitan area, where almost 315 thousand people live. For this reason, it is the 61st most populated city in the United States and the 12th most populated city in California.
History has it that the famous California citrus industry was born here, thanks to orange trees imported from Brazil.
It is also home to the renowned Mission Inn, the National Cemetery, the Fox Performing Arts Center, the California Museum of Photography, the Citrus State Historic Park and the first golf course in the United States.
Riverside's economy is no longer based on agriculture, but on light industry that manufactures auto parts, electronic equipment, medical devices, food products, aerospace components and more.
On Busconomico, you can also check out personal loans in other major cities in the state of California, such as San Francisco, San Diego or San Bernardino, so you can get the financing you need near you.
Español: Préstamos personales en Riverside (California)