Clovis at a glance
- Population: 125,826 — 47th in California, which has 482 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 120,154 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up roughly 4.7% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among California places: 47th in population of 482 places (US Census Bureau).
- Size percentile: roughly 90% of places in California rank below it by population (US Census Bureau).
- Coordinates: latitude 36.8278, longitude -119.6818 (US Census Bureau Gazetteer).
- Nearest larger cities: Fresno, CA (7 mi); Visalia, CA (40 mi); Modesto, CA (92 mi); Bakersfield, CA (108 mi); Salinas, CA (108 mi); US Census Bureau population estimates.
- Nearest smaller communities: Sanger, CA (11 mi); Fowler, CA (14 mi); Parlier, CA (17 mi), each a US Census place.
What a personal loan costs in Clovis
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
California lending rules that apply in Clovis
The California rate caps and licensing rules that reach Clovis are listed below, each with its source and retrieval date.
| 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 Clovis
These steps are the ones that most affect the offer you receive in Clovis:
- 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.