Loma Linda at a glance
- Population: roughly 25,111 people; 271st of 482 places in California (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 24,786 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 1.3% higher than at the 2020 Census (US Census Bureau).
- Rank among California places: the 271st-largest of 482 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 44% of California's places have fewer residents (US Census Bureau).
- Coordinates: 34.0433, -117.2466 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Redlands, CA (4 mi); Colton, CA (5 mi); Highland, CA (7 mi); San Bernardino, CA (7 mi); Moreno Valley, CA (9 mi) (US Census Bureau).
- Nearest smaller towns: Grand Terrace, CA (4 mi); Calimesa, CA (12 mi); Big Bear Lake, CA (24 mi) (US Census Bureau).
What a personal loan costs in Loma Linda
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
California lending rules that apply in Loma Linda
The California rate caps and licensing rules that reach Loma Linda are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 36% rate cap on mid-size consumer loans (AB 539) | Consumer loans of $2,500 to under $10,000: cap of 36% per annum simple interest plus the Federal Funds Rate Source says: "charges at a rate not exceeding an annual simple interest rate of 36 percent per annum plus the Federal Funds Rate". | California Legislature — Financial Code § 22304.5 as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 7% per annum default; written contracts may set up to 10% per annum for consumer-purpose loans Source says: "shall be 7 percent per annum"; "for use primarily for personal, family, or household purposes, at a rate not exceeding 10 percent per annum". | California Legislature — California Constitution, Article XV, § 1 as of 2026-09-16 |
| Payday lending status | Permitted under the California Deferred Deposit Transaction Law; max $300 face amount; fee ≤15%; term up to 31 days Source says: "The face amount of the check shall not exceed three hundred dollars ($300)"; "A fee for a deferred deposit transaction shall not exceed 15 percent of the face amount of the check" (Financial Code § 23036). | California Legislature — Financial Code § 23035 (and § 23036) as of 2026-09-16 |
| Small-loan / installment lender licensing | Finance lender/broker license required from the Commissioner of Financial Protection and Innovation (California Financing Law) Source says: "No person shall engage in the business of a finance lender or broker without obtaining a license from the commissioner". | California Legislature — Financial Code § 22100 as of 2026-09-16 |
| State lending regulator | California Department of Financial Protection and Innovation (DFPI) Source says: "“Department” means the Department of Financial Protection and Innovation". | California Legislature — Financial Code § 23001 as of 2026-09-16 |
How to compare offers in Loma Linda
The order below is a sensible way to approach a loan in Loma Linda:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in California using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.