Personal loans in Downey, CA

The nearest larger city is Long Beach, CA about 11 miles away. Census figures put the 2020-to-2023 decrease in Downey at about 4.8%. Every figure below is California's own, applied to Downey's 108,816 residents, with the publisher and retrieval date attached. Verify the lender's California licence against the regulator named below before borrowing in Downey.

Downey by the numbers

The figures below are Downey's own — Census population, land area and coordinates — followed by the California rules.

• Population: a Census-estimated 108,816, 62nd among California's 482 places (Vintage 2023).
• Population trend: A decline of about 4.8% across the 2020-to-2023 comparison.
• Net change: roughly 5,538 fewer people than the 2020 Census counted.
• Size percentile: about 87% of California's Census places are smaller than Downey.
• Population density: about 8,769 people per square mile (Census land area 12.4 sq mi).
• By land area: Downey ranks 189th among California's 482 places, at 12.4 sq mi.
• Water area: Downey has 0.16 square miles of water, ranking 143rd of 482 places in California.
• Within California: about 0.3% of the state's population lives in Downey.
• Nationally: Downey is the 285th-largest of 19,457 Census places in the dataset.
• Growth rank: Downey's 2020-to-2023 change ranks 411th of 482 places in California.
• State comparison: California's places average -1.3% for 2020-to-2023, against Downey's 4.8%.
• Density rank: Downey places 42nd among California's places by people per square mile.
• Against the state median: Downey runs about 8,769 residents per square mile, where the California median is 3,455.
• Location: it lies at 33.9382, -118.1309 in the Census Gazetteer.
• Nearest larger cities: Long Beach (11 mi); Fullerton (12 mi); Garden Grove (15 mi); Torrance (15 mi); Pasadena (15 mi). Lenders licensed in the state serve Downey whether or not they keep a local branch.
• Smaller communities within reach: Bell Gardens (2 mi); Paramount (3 mi); Norwalk (3 mi).
• Smaller places within 50 miles: 117 of them.
• At 100 miles: 35 larger Census places fall inside that radius.

How a Downey personal loan is priced

Most loans made to Downey's 108,816 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Downey's rank of 62nd in California: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Downey loan is knowable in advance — unlike a revolving card balance.

The Downey borrowing checklist

Before you apply in Downey, a community of about 108,816, work through these steps:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Model the payment on the calculator before a lender models it for you.
3. Shop at least three lenders and judge them on APR and total cost.
4. Make sure the lender appears in the California regulator's licence list.
5. Make sure the new payment leaves room in a budget you already keep.
6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
7. Keep the amount to the expense; an approval is not a reason to take more.

What differs between Downey and the rest of California is not the process but the borrower's own file, among the 108,816 people here.

Downey against the rest of California

Set beside California's 482 places, Downey ranks 62nd by population and holds about 0.3% of the state total. Its 2020-to-2023 change ranks 411th of 482 California places, putting it near the 15th percentile for growth. At about 8,769 people per square mile, Downey is the 42nd most densely settled place in California. In land area, Downey ranks 189th among California's 482 places.

Downey on the map

Downey covers about 12.4 square miles of land, with 0.16 square miles of water inside its boundaries (Census Gazetteer). With 108,816 residents, the land area yields roughly 8,769 people per square mile. The state's population centre of gravity, Los Angeles, is roughly 17 miles away. Counting outward 50 miles, 23 larger communities surround Downey. By land area it ranks 189th of 482 California places.

The state rulebook for Downey

This table holds the California rate and licensing rules for consumer loans made to Downey's 108,816 residents.