3/22/2023
California is one of the economic engines of the USA and where many people want to live because of its overall quality of life. If you are already there or intend to move and are interested in finding out how to get personal loans in Santa Ana, here is a brief guide to help you get your bearings.
Where to get loans in Santa Ana near me?
The need for money is something that most have experienced and can happen due to various circumstances. Getting personal loans in Santa Ana has become easier because of the proliferation of companies dedicated to it.
- 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
Beyond banks and credit unions, you have online platforms, quick loans, crowdlending groups and more.
If you prefer online alternatives to traditional ones, the paperwork tends to be faster and you can get fairly favorable terms:
- An interest rate starting at 4.49%.
- Terms ranging from 2 months to 5 years.
- Amounts that can start at $100 and go up to $50,000.
- Fast approval and same or next business day deposit into your account.
Most used installment loans in Santa Ana (California)
In Santa Ana, as in the rest of the United States, unsecured installment loans are a popular option because of their terms. Along with this alternative, there are 2 types of loans that are very common:
- Co-signer loans. These are designed for those who receive average income or have a recent history. The person with a good reputation, and who serves as your back-up, can help you get more favorable terms. Of course, the debt is on the cosigner if you can't pay.
- Secured loans. This is a common type of financing because you use an asset as collateral to get the money. Its main advantage is the reduced rates compared to other types of loans, but you may end up losing the collateral if for some reason you default.
Regulations on private loans in California
As of late 2019, the Fair Access Credit Act, from the California Department of Financial Protection and Innovation, has some regulations aimed at controlling personal loan policies, especially payday loans.
However, there are other regulations that speak generally about lenders and consumers who have entered into an agreement for less than $10,000.
The changes in this legislation impose additional safeguards for parties who have entered into a transaction for what are known as small dollar loans.
For example, in the event of non-performance, an onerous penalty may not be applied as in the CFL, which would void the contract or forfeiture of interest (N/A for commercial and mortgage loans).
For financing through lines of credit and installment loans the limits are between $2,500 and $10,000, the provisions establish the following:
Maximum and minimum term.
For certain open/closed-end loans and student loans, the minimum term is 12 months. There is also a specification on the maximum term, except for financing with a property as principal collateral of at least $5,000, which is 60 months and 15 days.
Limitations on rates and fees
The effective annual rate must be 36% plus federal funds interest. Fees in excess of that limit are not allowed, other than an administrative fee that is in the statute. That fee cannot be more than $75 for loans with a principal balance over $2,500.
When you borrow less than $2,500, the administrative fee must be 5% or $50, whichever is less, and is subject to frequency limitations. For example, it cannot be applied when you are refinancing unless it has been a year since you paid any such fee.
A brief history of Santa Ana (California)
Initially named by José Antonio Yorba as Rancho Santiago de Santa Ana (1810) during the Mexican War of Independence, it would be listed as a city of Los Angeles County in 1860. Today it belongs to Orange County and is part of the second-largest metropolitan area in the USA.
Anchored in the valley of the same name, Santa Ana is considered the second most populated city of the mentioned county, it is next to the Santa Ana River and about 16 km from the Pacific coast.
Due to a population of at least 310 thousand inhabitants, it has the fourth-highest population density in the country, behind Boston, New York and San Francisco.
Occupied mostly by people of Latino origin (76%), this metropolis has large and small businesses that drive its economic development.
While the largest employer is the municipal government, its latest GDP reveals an estimated revenue of $28.5 billion. In Santa Ana, a family has an average income of $66,000 and the median salary is $20,000.
Español: Préstamos personales en Santa Ana (California)