Personal loans in Los Angeles, CA
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Los Angeles, CA.
The median household in Los Angeles earns $81,939 a year, 17% below the California median of $99,122. About 16% of residents live below the federal poverty line, and 64.0% of households rent their home.
California law that applies in Los Angeles
| Rate cap | Loans under $2,500: tiered caps of roughly 12% to 30% a year, depending on balance. |
|---|---|
| License required | Yes. |
| Loan sizes covered | The rate caps cover loans under $10,000. |
Full rules with statute citations: Personal Loans in California. Cities in California cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Los Angeles
Lenders that serve Los Angeles typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Los Angeles
What Los Angeles borrowers use it for
deposits, trucks and first-week expenses
Need money nowthe fastest options online
Holiday expensesgifts and travel without maxing a card
Rent duecover a short gap before payday
Loans for your situation
How to get a personal loan in Los Angeles
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Los Angeles
294 FDIC-insured bank branches from 63 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Bank of America, National Association | 42 | 333 S Hope St Ste 100, Los Angeles 90071 |
| JPMorgan Chase Bank, National Association | 42 | 3731 Wilshire Blvd, Los Angeles 90010 |
| Wells Fargo Bank, National Association | 30 | 5458 Whittier Blvd, Los Angeles 90022 |
| U.S. Bank National Association | 25 | 6922 Hollywood Blvd, Los Angeles 90028 |
| Citibank, National Association | 23 | 787 W 5th St, Los Angeles 90071 |
| City National Bank | 9 | 555 S Flower St, Los Angeles 90071 |
| Bank of Hope | 9 | 3200 Wilshire Blvd, Los Angeles 90010 |
| Fifth Third Bank, National Association | 8 | 1021 Glendon Ave, Los Angeles 90024 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Los Angeles
55 credit-union locations from 36 credit unions.
| Credit union | Location |
|---|---|
| Communityamerica | 8632 S Sepulveda Blvd, Los Angeles 90045 |
| American Airlines | 500 World Way, Los Angeles 90045 |
| Certified | 700 N Alameda St, Los Angeles 90012 |
| Schools | 850 W Cesar E Chavez Ave, Los Angeles 90012 |
| Cal State L.A. | 2445 Mariondale Ave, Los Angeles 90032 |
| Schoolsfirst | 5359 W Centinela Ave, Los Angeles 90045 |
| Baxter | 4501 Colorado Blvd, Los Angeles 90039 |
| Wescom Central | Ackerman Student Union, 1St Floor, Ste 308, Los Angeles 90095 |
| Kinecta | 2365 E Century Blvd Ste B, Los Angeles 90002 |
| California | 333 S Beaudry Ave Ste 215, Los Angeles 90017 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Los Angeles County · Payday Loans in Los Angeles · Title Loans in Los Angeles
Frequently asked questions
Can I get a personal loan with bad credit in Los Angeles?
Possibly. Lenders in our network consider applicants with fair and bad credit across California, including Los Angeles. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Los Angeles, CA?
Under $2,500: tiered 12%-30%/yr. $2,500-$9,999: 36% plus Federal Funds Rate. $10,000+: uncapped.
How fast can I get a personal loan in Los Angeles?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
Can I get an emergency loan with bad credit in Los Angeles?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Los Angeles residents can see if they qualify in about 3 minutes.
Where can I find a loan for bad credit in Los Angeles?
You can apply at local banks and lenders in Los Angeles, or go online to reach more lenders at once. Banks often have stricter credit requirements, while many online lenders consider all credit types. Our free form sends one request to multiple lenders in our network, so you don't have to apply one by one. Many applicants get a decision within minutes.
How do installment loans work in Los Angeles?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Los Angeles residents can see installment loan offers with our free 3-minute form.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Los Angeles residents can see their options in about 3 minutes.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
Do I need to visit a store in Los Angeles?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.