Best Personal Loans in Glendale (CA)
We have found 122 personal loans to apply for in Glendale, CA. Add more criteria to compare personal loans and find the best one for you.
- Minimum credit: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.
- Minimum credit: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.
- Minimum credit: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%.
- Minimum credit: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.
- Minimum credit: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.
- Minimum credit: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.
- Minimum credit: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.
- Minimum credit: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.
- Minimum credit: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).
- Minimum credit:Poor (300-579)
- Origination fee:$25 - $500
- Funds available in:1 business day.
- Loan Purpose:Personal Loan
- Pros:
- Secured and unsecured options
- Poor-credit applicants considered
- Cons:
- Origination fee
- Extra Fees
- High Rates
OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.
You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.
OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.
The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.
TOP 5 banks offering personal loans in Glendale
- Bank name
- Total Assets
- Branches
How to Choose the Perfect Personal Loan in Glendale, California?
Personal loans can help you cover any gaps in your budget and improve your financial situation. But how do you find the best loan for you? Here are some tips to compare and choose a personal loan in Glendale, California.
Look at the APR
The annual percentage rate (APR) tells you how much the loan will cost you over time, including interest and fees. The lower the APR, the less you will pay. In Glendale, APRs range from 4.49% to 36%.
Choose the right loan amount
Depending on your needs, you can find loans from $100 to $500,000 in Glendale. Some lenders let you withdraw money as you need it and only charge interest on what you use. This can be useful for projects where you are not sure how much money you will need, such as home improvements or car repairs.
Consider your monthly payments
The monthly payment is how much you have to pay back every month. Make sure it fits your budget and leaves room for your other expenses. You don't want to miss any payments or default on your loan.
Check your credit score
Your credit score affects your chances of getting approved and getting a good interest rate. Most lenders prefer borrowers with good to excellent credit (670 or higher), but some may accept lower scores. The lowest credit score accepted in Glendale (CA) is Poor (300 - 579). So, check your credit score before applying and look for lenders that match your profile.
Decide if you need collateral
Some loans are secured, which means they require collateral, such as your car or home. Secured loans usually have lower interest rates than unsecured loans, which do not require collateral. However, secured loans also carry more risk, as you could lose your collateral if you fail to repay the loan. So, weigh the pros and cons of secured and unsecured loans before choosing one.
Compare origination fees
Origination fees are one-time charges that lenders deduct from your loan amount before giving it to you. They usually range from 0.5% to 1% of the loan amount, but they can vary by lender. Look for loans with low or no origination fees to save money.
Finding the best personal loan in Glendale (CA) is not hard if you follow these tips. Compare different offers and pick the one that suits your needs and budget.
| Lender | APR | Loan Amount | Loan term | Origination Fee | Score Required | Apply |
|---|---|---|---|---|---|---|
LightStream | 6.49 - 21.99% | $5,000 - $100,000 | 2 - 6 years | No origination fee. | From Fair (580-669) to Fair (580-669) | Check rates On partner's site |
Marcus by Goldman Sachs | 7.24 - 25.24% | $3,500 - $40,000 | 3 - 6 years | No origination fee. | From Fair (580-669) to Excellent (740-799) | Check rates On partner's site |
Upstart | 5.6 - 35.99% | $1,000 - $50,000 | 3 - 5 years | 10% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
Payoff® | 8.99 - 29.99% | $5,000 - $40,000 | 2 - 5 years | 5% | From Good (670-739) to Excellent (740-799) | Check rates On partner's site |
LendingClub | 8.3 - 36% | $1,000 - $40,000 | 3 - 5 years | 3 - 6% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
SoFi | 8.24 - 23.68% | $5,000 - $100,000 | 2 - 7 years | No origination fee. | From Good (670-739) to Excellent (740-799) | Check rates On partner's site |
Avant | 9.95 - 35.95% | $2,000 - $35,000 | 1 - 5 years | 4.75% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
Prosper | 7.95 - 35.99% | $2,000 - $40,000 | 3 - 5 years | 2.41 - 5% | From Fair (580-669) to Excellent (740-799) | Check rates On partner's site |
Best Egg | 7.99 - 35.99% | $2,000 - $50,000 | 3 - 5 years | 0.99 - 8.99% | From Good (670-739) to Good (670-739) | Check rates On partner's site |
OneMain Financial | 18 - 35.99% | $1,500 - $20,000 | 2 - 5 years | $25 - $500 | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
How to boost your chances of getting a personal loan in Glendale, California
You don't want to waste your time applying for a personal loan and getting rejected. You want to make sure you have the best odds of getting approved and getting the money you need. Here are some simple tips to help you do that in Glendale, California.
- Improve your credit score. Your credit score is one of the main factors that lenders look at when deciding whether to approve you or not. The higher your score, the better your chances.
- Pay your bills on time. Your payment history is the biggest factor affecting your score.
- Use less of your available credit. Your credit utilization ratio is the second biggest factor affecting your score.
- Avoid applying for new credit too often. Every time you apply for credit, it lowers your score slightly.
- Check your credit report for errors. You can dispute any mistakes and get them removed from your report.
- Increase your income. Another factor that lenders consider is your debt-to-income ratio, which is how much of your income goes towards paying off debt. The lower this ratio, the better. To lower it, you can try to increase your income by asking for a raise, getting a second job, or starting a side hustle.
- Avoid new debt. While you are applying for a personal loan, you should avoid taking on any new debt that could hurt your chances. Lenders see debt as a risk, so the less debt you have, the more likely they are to approve you. Try to pay off any existing debt and avoid using credit cards or other loans.
- Be realistic about how much you need. The more money you ask for, the more risk you pose to the lender. The maximum amount you can get in Glendale is $500,000, but it's not easy to qualify for that amount. You need to have a high income and a good credit score to get approved for large loans. So, instead of asking for more than you need, figure out the minimum amount that will cover your expenses and apply for that. The minimum amount you can get in Glendale is $100.
- Get a joint applicant or a co-signer. If you have trouble getting approved on your own, you can try to find someone who can apply with you or co-sign for you. A joint applicant is someone who shares the responsibility of repaying the loan with you. A co-signer is someone who agrees to pay the loan if you can't. Both options can improve your odds of getting approved, but they also come with risks. You need to trust the person you choose and make sure they understand the consequences of signing up with you.
Conclusion
Getting a personal loan can be a smart way to manage your finances, but it's not always easy to get approved. By following these simple tips, you can increase your chances of getting a personal loan in Glendale (CA) and getting the money you need.