San Carlos at a glance
- Population: 28,862 (US Census Bureau, Vintage 2023 subcounty estimate), the 248th-largest of 482 places in California.
- 2020 Census base: 30,725 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 6.1% below the 2020 Census base (US Census Bureau).
- Rank among California places: 248th out of 482 Census places (US Census Bureau).
- Size percentile: about 49% of California's Census places are smaller (US Census Bureau).
- Coordinates: 37.4990 latitude, -122.2676 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Redwood City, CA (3 mi); Foster City, CA (5 mi); San Mateo, CA (5 mi); Menlo Park, CA (7 mi); Burlingame, CA (8 mi) (US Census Bureau).
- Nearest smaller towns: Belmont, CA (2 mi); Atherton, CA (5 mi); Woodside, CA (5 mi) — US Census Bureau populations.
What a personal loan costs in San Carlos
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 San Carlos
The table lists the California rules that apply to a loan made in San Carlos, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in San Carlos
Here is a short checklist for comparing personal loans in San Carlos:
- 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.