5.99 - 21.49 %
APR
2 - 6 years
Loan Term
Check rates
On partner's site

Best Personal Loans in Arizona

We have found 123 personal loans in Arizona. Compare and choose the best loan for your purpose.

Updated December 09, 2022
Showing 123 personal loans
APR
5.99 - 21.49 %
with Autopay
Term
2 - 6years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.5%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Low rates
    • No fees
    • Fast approval and funding
    • Rate discount for autopay
    • Digital experience
  • Cons:
    • Minimum loan amount is a bit high
    • Requires a long credit history

LightStream is the online lending division of Truist (formerly SunTrust Bank).

The key feature of LightStream's online personal loans is that they can be up to $100,000 and used for nearly any reason.

LightStream charges no fees on its personal loans. Plus, it offers to send you $100 if you’re unsatisfied with the loan process.

See LightStream full product review
Check rates
On partner's site
APR
8.3 - 36 %
Term
3 - 5years
Loan amount
$1,000 - $40,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    3 - 6%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Quick, easy online application
    • Fast funding
  • Cons:
    • Origination fee

LendingClub offers loans of $1,000 to $40,000.

The APR range is from 8.30% to 36.00%. Loan terms are available for 3 or 5 years.

LendingClub charges an origination fee of 3% to 6% on personal loans.

See LendingClub full product review
Check rates
On partner's site
APR
6.99 - 24.99 %
with Autopay
Term
3 - 6years
Loan amount
$3,500 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    5 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No fees
    • Autopay discount
  • Cons:
    • Long time to receive funds
    • No Cosigner Option

Marcus offers unsecured personal loans up to $40,000 with rates from 6.99% to 24.99%.

Marcus does not charge origination, late payment and check processing fees.

See Marcus by Goldman Sachs full product review
Check rates
On partner's site
APR
9.95 - 35.95 %
Term
1 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    4.75%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Low minimum credit score requirements
    • No prepayment fees
  • Cons:
    • Fees
    • No Autopay discount
    • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.95%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

See Avant full product review
Check rates
On partner's site
APR
7.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 8.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Best Egg’s personal loans are ideal for consolidating debt or funding major expenses. Borrowers cannot use loans toward securities or postsecondary educational expenses.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 8.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On partner's site
APR
8.99 - 29.99 %
Term
2 - 5years
Loan amount
$5,000 - $40,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    5%
  • Funds available in:
    3-6 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment or late fees
    • Free monthly FICO score updates
  • Cons:
    • Co-signers are not accepted
    • Origination Fee
    • Slow funding
    • Not available in all states

The Payoff Loan™ is an unsecured personal loan designed to consolidate your credit cards into one monthly payment. Payoff requires a minimum FICO credit score of 640 or higher. It provides loans of up to $40,000.

The Payoff platform provides loans with rates between 8.99% and 29.99% APR. Minimum loan amount and APR may vary in certain states.

See Payoff® full product review
Check rates
On partner's site
APR
7.95 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Origination fee:
    2.41 - 5%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Simple application process
  • Cons:
    • Origination fee
    • Extra Fees
    • No Autopay Discount
    • Not available in all states

Prosper offers fixed-rate APRs that vary from 7.95% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 2.41% to 5%. Prosper charges $15 for failed payments or returned checks. Payments that are 15 or more days late are assessed a late fee.

If you don't qualify for a personal loan with Prosper, consider applying with a co-applicant.

See Prosper full product review
Check rates
On partner's site
APR
5.6 - 35.99 %
Term
3 - 5years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    10%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment penalty
    • Next day funding
  • Cons:
    • Origination Fee
    • Extra Fees

Upstart loans range from $1,000 to $50,000. Not all applicants will qualify for the full amount.

The minimum loan amount: $7,000 (MA), $6,000 (Ohio), $5,100 (NM), $3,100 (GA), $2,100 (HI).

Borrowers need credit scores of 580 or higher.

Upstart offers fixed-rate APRs that vary from 5.60% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 0% to 8%.

See Upstart full product review
Check rates
On partner's site
APR
7.99 - 23.43 %
with Autopay
Term
2 - 7years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Rate discount for autopay
    • No Fees
  • Cons:
    • Not available to residents of Mississippi
    • No secured loan option

SoFi loans range between $5,000 to $100,000.

The APR range is from 7.99% to 23.43% (with discounts). Loan terms are available for 2 or 7 years.

The loan is not available in Mississippi.

SoFi personal loans have no fees: no origination fees, no late fees, no prepayment penalties.

See SoFi full product review
Check rates
On partner's site
APR
7.96 - 35.97 %
Term
3 - 5years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    1.85 - 8.99%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast funding**
    • Wide range of loan amounts
    • Accessible to most borrowers
  • Cons:
    • Origination fee

Upgrade personal loans are designed for mainstream appeal, supporting a wide range of credit scores and incomes.

Upgrade offers 36-month or 60-month fixed-rate personal loans, which generally range from $1,000 to $50,000, in 44 states. Upgrade loans are not available in Colorado, Connecticut, Iowa, Maryland, Vermont and West Virginia.

You can repay your Upgrade personal loan over three or five years.

To apply for an Upgrade personal loan, you’ll start by filling out a one-page application to see which terms you qualify for based on a soft credit check (or credit inquiry that doesn’t impact your credit score).

** Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 7.96% - 35.97%. All personal loans have a 1.85% to 8.99% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early.

Read full review

See Upgrade full product review
Check rates
On partner's site
Search for best loan
Showing 123 personal loans
Amount
$
Credit Score
City, state or Zip
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming
Loan Purpose
  • Personal Loan
  • Home Improvement Loan
  • Medical (Dental) Loan
  • Debt Consolidation Loan
  • Major Purchase
  • Refinance Credit Card
  • Moving Expenses (Relocation)
  • Travel
  • Other

TOP 5 banks offering personal loans in Arizona

Showing 5 banks
Sort by: Branches
Branches 212 bank branches
Total Assets (US$M)3,380,824,000
Chandler And Desert Foothills
Friday: 9:00 AM - 5:00 PM
Mayo And Scottsdale
Friday: 9:00 AM - 5:00 PM
Chandler And 40th
Friday: 9:00 AM - 5:00 PM
Show all departments
Branches 184 bank branches
Total Assets (US$M)1,712,535,000
Phoenix Main
Friday: 9:00 AM - 5:00 PM
Central & Grant
Friday: 9:00 AM - 5:00 PM
Park Central
Friday: 9:00 AM - 5:00 PM
Show all departments
Branches 128 bank branches
Total Assets (US$M)2,440,022,000
Arizona Center
Friday: 9:00 AM - 4:00 PM
West Mc Dowell
Friday: 9:00 AM - 4:00 PM
Paradise Valley/tatum
Friday: 9:00 AM - 4:00 PM
Show all departments
Branches 64 bank branches
Total Assets (US$M)582,252,757
35th & Southern Branch
Friday: 9:00 AM - 5:00 PM
75th & Mcdowell Az Branch
Friday: 9:00 AM - 5:00 PM
Ahwatukee Safeway Branch
Friday: 10:00 AM - 6:00 PM
Show all departments
Branches 63 bank branches
Total Assets (US$M)87,218,368
91st Avenue And Thomas Branch
8911 West Thomas Road, Phoenix, AZ, 85037
West Thomas Branch
3348 West Thomas Road, Phoenix, AZ, 85017
Biltmore Branch
2850 East Camelback Road, Phoenix, AZ, 85016
Show all departments

How to choose the best personal loan in Arizona?

Personal loans can be a helpful tool to fill in any gaps in your budget. When used smartly, a personal loan can give some financial flexibility and improve your financial health. So, it is important to find a loan that meets your financial needs. With that in mind, here are some strategies for comparing and choosing the best personal loan in Arizona.

Annual Percentage Rates

The annual percentage rate (APR) is one of the most important factors of a loan to consider. The APR is usually a more accurate indicator of how much you will pay than just the interest rate as APR also factors fees into the amount. Comparing APR instead of simple interest rates can tell you which loan will cost you more in the long run.

The APR in Arizona varies from 4.49% to 36%.

Loan Amount

You might not know exactly how much money you need, so it helps to research loan amount options and pick a lender that provides a substantial amount. In Arizona you can find loans from $100 to $500,000. There is an option to find a lender that allows you to withdraw a loan in parts and only pay interest on the money that you actually use. These kinds of flexible loans are useful for projects where it may not be immediately apparent how much you will need at each particular period of time, like home renovations or car repairs.

Monthly Payments

The monthly payment is the amount you have to pay every month. Make sure that the monthly amount is something that fits comfortably into your budget. You have to be able to pay your general bills while also paying back the loan and interest.

Credit Requirements

Most lenders prefer borrowers with good to excellent credit (670 or higher). Nevertheless, some lenders will accept those with poor to fair credit. Having a high credit score does not necessarily mean that you will get approved with a better rate, but it will increase your chances. The lowest credit score acceptable in Arizona is Poor (300-579). So you need to tailor your search to your credit score to get the best possible loan terms.

Collateral

Most personal loans are unsecured, which means they do not require collateral. However, some loans will require it. Secured loans often have lower interest rates as the lender incurs less risk with the collateral present. Unsecured loans, in contrast, usually have higher interest rates. So if you want to avoid high interest rates (which can be as high as 36% in Arizona), a secured personal loan might be a good option.

Origination Fee

Most lenders charge processing fees in addition to interests. Most of the time, the processing fee, also called loan origination fee, is a percentage of the total loan amount. The normal loan origination fee is around 0.5%-1% of the loan amount, but amounts vary from lender to lender. Choosing a personal loan with low processing fees can save you money in the long run.

Compare and choose the best personal loan in Arizona

Personal loans are a useful financial tool and can help simplify your finances. The side-by-side comparison of all loan options available in Arizona will help you when choosing a loan with optimal terms for your financial situation.

LenderAPRLoan AmountLoan termOrigination FeeScore RequiredApply
LightStream
6.49 - 21.99%$5,000 - $100,0002 - 6 yearsNo origination fee.From Fair (580-669) to Fair (580-669)Check rates
On partner's site
LendingClub
8.3 - 36%$1,000 - $40,0003 - 5 years3 - 6%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Marcus by Goldman Sachs
7.24 - 25.24%$3,500 - $40,0003 - 6 yearsNo origination fee.From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Avant
9.95 - 35.95%$2,000 - $35,0001 - 5 years4.75%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Best Egg
7.99 - 35.99%$2,000 - $50,0003 - 5 years0.99 - 8.99%From Good (670-739) to Good (670-739)Check rates
On partner's site
Payoff®
8.99 - 29.99%$5,000 - $40,0002 - 5 years5%From Good (670-739) to Excellent (740-799)Check rates
On partner's site
Prosper
7.95 - 35.99%$2,000 - $40,0003 - 5 years2.41 - 5%From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Upstart
5.6 - 35.99%$1,000 - $50,0003 - 5 years10%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
SoFi
8.24 - 23.68%$5,000 - $100,0002 - 7 yearsNo origination fee.From Good (670-739) to Excellent (740-799)Check rates
On partner's site
Upgrade
7.96 - 35.97%$1,000 - $50,0003 - 5 years1.85 - 8.99%From Poor (300-579) to Fair (580-669)Check rates
On partner's site

These particular characteristics of the loan were added to the table because we consider them the most crucial ones when comparing personal loans.

5 simple tips for increasing personal loan approval odds in Arizona

At some point in your life, you may need to borrow money. The last thing anybody wants is to go through the loan process and get denied. Spending the time to maximize your odds of personal loan approval will undoubtedly benefit you in the future. So, if you are considering a loan in Arizona, here are five steps to maximizing your personal loan approval odds.

1. Get Your Credit in Shape

The best way to increase your loan approval odds is to improve your credit score. Though the minimum credit score requirements we have found in Arizona is Poor (300-579) having a high credit score will make it more likely that you will be approved. Here are some ways to improve your credit score:

  • Don’t miss any debt payments. Your payment history is one of the most significant factors determining your credit score.
  • Keep total credit utilization low. The less of your total credit limit you are using, the better.
  • Don’t apply for new credit too much. Hard inquiries can hurt your credit score, so avoid applying for new credit lines.
  • Dispute errors. About 1 in 5 credit reports have errors in them. You can dispute errors and have them removed to increase your credit score.

2. Increase Your Income

Lenders look at your debt-to-income ratio when considering approval, so one way to improve your chances is to increase your income. Of course, it is easier said than done, however, there are still some options to get an income increase. You can ask for a raise at your job, or you can pick up a part-time job to make extra money on the side. Any income increase makes your debt-to-income ratio lower and improves your odds.

3. Avoid Debt

Avoid taking on any new debt while you are in the process of applying for a personal loan. Lenders consider debt to be a risk, so any debt you owe will decrease your odds. So try to avoid acquiring new debt and try to pay off all existing debts. The less debt you have, the easier it will be to get the personal loan.

4. Be Realistic About Amounts

The lenders are not keen on giving large amounts of money, as it means more risk for them. The maximum amount available in Arizona is $500,000, but it’s not very easy to get this amount. The more money you want, the more income you will need. As such, you are much more likely to be approved for smaller loan amounts. Small loans do not impose as much risk to lenders, and you will have an easier time paying back a small loan. Figure out exactly how much money you need, and ask for the minimum amount. The minimum amount lenders offer in Arizona is $100.

5.Get a Joint Applicant

You can also consider getting a joint applicant. If you sign up with a joint applicant, lenders will take into consideration both of your credit scores and incomes. You can also find a co-signer. A co-signer agrees to pay off the loans if you default. Make sure that you trust your joint applicant or co-signer as your finances will be tied together.

Conclusion

Getting a personal loan may sometimes be necessary, so you need to be ready for it. If you start working on it today, you can maximize your odds of being approved for a personal loan.

FAQ

  • What is the highest interest rate on a personal loan in Arizona?

    The highest interest rate on personal loan in Arizona is 36%.
  • What is the biggest loan amount in Arizona?

    The biggest personal loan amount in Arizona is $500,000.
  • Which credit score do I need to have to get a personal loan in Arizona?

    To get approved for a personal loan in Arizona you need to have at least a Poor (300-579) credit score.

Loans in other cities in Arizona