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

Best Personal Loans in Westminster (CO)

We have found 111 personal loans to apply for in Westminster, CO. Add more criteria to compare personal loans and find the best one for you.

By Myfin Team
Updated April 25, 2024
Showing 111 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
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
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
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
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
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
7.95 - 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
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
18 - 35.99 %
Term
2 - 5years
Loan amount
$1,500 - $20,000
  • Minimum credit:
    scorer
    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.

See OneMain Financial full product review
Check rates
On partner's site
APR
5.4 - 35.99 %
Term
1 - 7years
Loan amount
$600 - $100,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    Depends on the lender
  • Funds available in:
    24 hours
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Checking rates will not affect your credit score
    • Personal information is not sold to lenders
    • Available rates and lenders will appear based on preferred settings, with no bias
    • Receive actual rates based on your credit profile, not estimates
  • Cons:
    • Not a direct lender

Credible.com is a financial marketplace that helps thousands of Americans to get personal loans at the best rates they qualify for.

On Credible.com you can apply for a personal loan of up to $100,000. Then it will match your application with offers on the market and help you to find the lowest rate, based on your credit profile.

Credible.com is free to use and doesn't have any hidden fees.

See Credible full product review
Check rates
On Credible.com
For example, if you apply for a 2-year $5,000 personal loan with an interest rate of 15% and an origination fee of 5% you would receive $4,750 and make 24 payments of $242.43. The total amount paid would be $5,818.
Search for best loan
Showing 111 personal loans
Amount
$
Credit Score
City, state or Zip
  • Westminster, CO
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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 Westminster

Showing 5 banks
Sort by: Branches
Branches 4 bank branches
Total Assets (US$M)582,252,757
104th & Federal King Soopers Branch
Thursday: 10:00 AM - 5:00 PM
Westminster Church Ranch Branch
Thursday: 9:00 AM - 5:00 PM
Westminster Huron Branch
Thursday: 9:30 AM - 4:00 PM
Show all departments
Branches 4 bank branches
Total Assets (US$M)1,712,535,000
Standley Lake
Thursday: 9:00 AM - 5:00 PM
Westminster Crossing
Thursday: 9:00 AM - 5:00 PM
Westminster
Thursday: 9:00 AM - 5:00 PM
Show all departments
Branches 3 bank branches
Total Assets (US$M)28,629,878
Sheridan Branch
5130 W. 120Th Avenue, Westminster, CO, 80020
104th And Federal Branch
10367 Federal Boulevard, Westminster, CO, 80260
88th And Wadsworth Branch
8800 Wadsworth Boulevard, Westminster, CO, 80021
Branches 2 bank branches
Total Assets (US$M)184,673,175
72nd & Federal Branch
7198 Federal Blvd, Westminster, CO, 80030
The Orchard At Westminster Branch
14412 Orchard Pkwy, Westminster, CO, 80023

How to Select the Best Personal Loan in Westminster, Colorado?

Personal loans can be a valuable tool for filling budget gaps and improving financial health when used wisely. Therefore, it's essential to find a loan that aligns with your financial situation. Here are some strategies for comparing and choosing the right personal loan in Westminster, Colorado.

  • Annual Percentage Rates (APR). When evaluating loans, consider the annual percentage rate (APR) as one of the most important factors. The APR provides a more accurate reflection of the total cost of the loan, including fees. Comparing APRs instead of simple interest rates can help identify the loan that will be more costly in the long run. In Westminster, APRs range from 4.49% to 36%.
  • Loan Amount. Research loan amount options and choose a lender that offers the desired sum of money. In Westminster, loans are available from $100 to $500,000. Look for lenders that allow partial withdrawals, where you only pay interest on the amount utilized. This flexibility is particularly useful for projects with uncertain funding needs, such as home renovations or car repairs.
  • Monthly Payments. Ensure that the monthly payment comfortably fits within your budget. It's important to cover your regular bills while repaying the loan and managing interest payments.
  • Credit Requirements. While most lenders prefer borrowers with good to excellent credit (670 or higher), some lenders accept those with poor to fair credit. While a high credit score doesn't guarantee a better interest rate, it increases your chances of approval. In Westminster, the lowest acceptable credit score is Poor (300 - 579). Tailor your search to lenders that cater to your credit score for optimal loan terms.
  • Collateral. While most personal loans are unsecured and do not require collateral, some loans may require it. Secured loans generally have lower interest rates as they carry less risk for the lender due to collateral. In contrast, unsecured loans often come with higher interest rates. If you're concerned about high interest rates (which can reach 36% in Westminster), consider secured personal loan options.
  • Origination Fee. Many lenders charge processing fees in addition to interest. The origination fee, typically a percentage of the total loan amount, varies among lenders. Opting for a personal loan with low origination fees can save you money in the long run.

Compare and Choose the Best Personal Loan in Westminster, Colorado

Comparing loan options side by side will help you choose the best personal loan in Westminster that suits your financial situation. The provided table highlights crucial loan characteristics for easy comparison.

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
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
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
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
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
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
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
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
OneMain Financial
18 - 35.99%$1,500 - $20,0002 - 5 years$25 - $500From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Credible
5.4 - 35.99%$600 - $100,0001 - 7 yearsDepends on the lenderFrom Good (670-739) to Excellent (740-799)Check rates
On Credible.com

Tips for Increasing Personal Loan Approval Odds in Westminster, Colorado

Maximizing your chances of personal loan approval in Westminster, Colorado involves taking proactive steps. Consider the following tips:

  1. Improve Your Credit. Increasing your credit score is the most effective way to enhance your loan approval odds. Although the minimum credit score requirement in Westminster can be Poor (300 - 579), a higher credit score significantly improves your chances. Focus on making timely debt payments, maintaining low credit utilization, minimizing credit applications, and disputing any errors on your credit report.
  2. Increase Your Income. Lenders evaluate your debt-to-income ratio when considering approval. Increasing your income reduces this ratio and improves your odds. Seek opportunities to increase your income, such as negotiating a raise at your current job or taking on a part-time job to generate additional income.
  3. Avoid New Debt. Minimize acquiring new debt while searching for a personal loan. Lenders view existing debt as a risk factor, which can decrease your approval chances. Prioritize paying off current debts and refrain from accumulating new ones. The less debt you have, the easier it will be to manage the personal loan repayment.
  4. Be Realistic About Loan Amounts. Lenders tend to be cautious about approving large loan amounts due to increased risk. In Westminster, the maximum amount available is $500,000, but it's challenging to secure such substantial funds. Aim for smaller loan amounts that align with your income and repayment capabilities. Smaller loans carry less risk for lenders and are more manageable for borrowers. Determine the exact amount you need and request the minimum required amount, which starts at $100 in Westminster.
  5. Consider a Joint Applicant. Explore the option of having a joint applicant or co-signer for your loan. Lenders consider the credit scores and incomes of joint applicants, potentially improving your approval odds. Ensure that you trust the joint applicant or co-signer as your finances will be linked.

Conclusion

In conclusion, it is crucial to be prepared when considering a personal loan in Westminster, Colorado. By following the steps outlined and taking proactive measures, you can significantly increase your chances of loan approval. Begin implementing these strategies today to enhance your odds and secure the most favorable loan terms available.

FAQ

What is the highest interest rate on a personal loan in Westminster, Colorado?

The highest interest rate on personal loan in Westminster is 36%.

What is the biggest loan amount in Westminster, Colorado?

The biggest personal loan amount in Westminster is $500,000.

What credit score do I need to have to get a personal loan in Westminster, Colorado?

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

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