Personal loans in Paramount, CA
Paramount is a mid-sized city in California, with an estimated 51,072 residents, and every licensed lender here follows the same state rulebook.
Every figure below is California's own, applied to Paramount's 51,072 residents, with the publisher and retrieval date attached. Paramount is home to roughly 51,072 people and stands 175th by size out of 482 Census places in California. Price two or three terms so you can see which payment is truly affordable in Paramount. Census figures put the 2020-to-2023 decrease in Paramount at about 5.0%. Borrowers who want a bigger city can look to Bellflower, CA about 2 miles away.
Borrowing in Paramount: the local picture
Paramount is a mid-sized city; the notes below cover its population profile and the statewide rules that apply.
- Population: the Census counts 51,072 residents in Paramount (Vintage 2023 subcounty estimate), the 175th-largest figure among California's 482 places.
- Population trend: Roughly 5.0% fewer residents than the 2020 Census counted.
- Net change: roughly 2,676 fewer people than the 2020 Census counted.
- Size percentile: roughly 64% of California places rank below Paramount.
- Population density: about 10,807 people per square mile (Census land area 4.7 sq mi).
- Land area rank: Paramount's 4.7 square miles rank 331st of 482 places in California.
- Water: Paramount holds about 0.11 square miles, the 173rd-largest water area in California.
- Share of California: Paramount holds about 0.2% of the state's population, some 51,072 people.
- National rank: Paramount is 776th of 19,457 places nationwide.
- Growth rank: Paramount ranks 419th among California's 482 places for the 2020-to-2023 change.
- State comparison: California's places average -1.3% for 2020-to-2023, against Paramount's 5.0%.
- Density rank: Paramount is the 24th most densely settled place in California.
- Density in context: Paramount's 10,807 people per square mile sit against a California median of 3,455.
- Location: it lies at 33.8989, -118.1666 in the Census Gazetteer.
- Nearest larger cities: Bellflower (2 mi); Lynwood (3 mi); Downey (3 mi); South Gate (3 mi); Compton (4 mi). Lenders licensed in the state serve Paramount whether or not they keep a local branch.
- Nearest smaller places: Bell Gardens (5 mi); Cudahy (5 mi); Artesia (5 mi).
- Smaller neighbours: 71 places smaller than Paramount sit within 50 miles.
- At 100 miles: 97 larger Census places fall inside that radius.
Where Paramount sits in California
Within California, Paramount holds roughly 0.2% of all residents, the 175th-largest share among 482 places. For population change between 2020 and 2023, Paramount ranks 419th of 482 in California (about the 13th percentile). At about 10,807 people per square mile, Paramount is the 24th most densely settled place in California. By land area, its 4.7 square miles rank 331st of 482 places in California.
Getting a loan in Paramount
Paramount is a densely built community of about 51,072 people, with 68 larger places inside a 50-mile radius. Whether Paramount has a local branch or not, a California-licensed lender can serve its 51,072 people online on the same terms. The nearest bigger place is Bellflower, CA about 2 miles away.
What California law requires in Paramount
This table holds the California rate and licensing rules for consumer loans made to Paramount's 51,072 residents.
| 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 |
| 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 |
What a Paramount borrower is actually offered
Most loans made to Paramount's 51,072 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Paramount's rank of 175th in California: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Paramount loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Where Paramount sits
Inside Paramount's boundaries lie roughly 4.7 square miles of land and 0.11 square miles of water. With 51,072 residents, the land area yields roughly 10,807 people per square mile. The largest place in California, Los Angeles, lies about 16 miles away. Paramount has 68 larger places within a 50-mile radius. By land area it ranks 331st of 482 California places.
Common questions
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Nearby places
- Bellflower, CA — population 75,122
- Lynwood, CA — population 63,234
- South Gate, CA — population 90,070
- Downey, CA — population 108,816
- Compton, CA — population 90,986
- Bell Gardens, CA — population 37,467
- Cudahy, CA — population 21,723
- Lakewood, CA — population 78,135