Costa Mesa at a glance
- Population: 108,354 (US Census Bureau, Vintage 2023 subcounty estimate), the 63rd-largest of 482 places in California.
- 2020 Census base: 111,923 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: down about 3.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among California places: 63rd of the state's 482 Census places (US Census Bureau).
- Size percentile: larger than about 87% of the Census places in California (US Census Bureau).
- Coordinates: 33.6659 / -117.9123, per the US Census Bureau Gazetteer.
- Nearest larger cities: Santa Ana, CA (5 mi); Huntington Beach, CA (6 mi); Irvine, CA (8 mi); Garden Grove, CA (8 mi); Orange, CA (9 mi); US Census Bureau population estimates.
- Nearest smaller towns: Fountain Valley, CA (4 mi); Newport Beach, CA (5 mi); Tustin, CA (7 mi) — US Census Bureau populations.
What a personal loan costs in Costa Mesa
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.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Costa Mesa
Read the table as the compliance picture for a lender serving Costa Mesa: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Costa Mesa
Before you commit to a personal loan in Costa Mesa, work through these steps:
- 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.