Best Personal Loans in Chandler, AZ

First Credit Union stands out as the best personal loan lender in Chandler, Arizona, with a MoneyGeek score of 96 out of 100, offering competitive interest rates, quality service, and being credible and transparent about its loan terms and process. Laurel Road is recognized as the best lender for online personal loans, achieving a MoneyGeek score of 94 out of 100, due to its strong customer service, broad repayment terms and a quick application and approval process.

MoneyGeek prioritized local lenders and evaluated them based on factors like interest rates, loan terms, loan application process and speed of loan funding to determine the best city recommendations. If you're looking for national lenders, we compiled our picks for the best personal loans in Arizona.

MoneyGeek analyzed hundreds of lenders based on a rubric that includes APR ranges, loan amounts and repayment terms, among other key areas. We use a point-based system, assigning scores according to the presence or absence of certain desirable features in various critical categories.

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Our overall analysis was completed in October 2024. Here we considered banks and credit unions with brick and mortar locations in Chandler, Arizona. We also looked at online-only lenders licensed to do business in the state.

325Lenders Analyzed Nationally

Overall Best Personal Loan in Chandler, AZ

Company logo for First Credit Union
First Credit Union
MoneyGeek Score:
96/ of 100

APR Range9.90% to 11.90%
Loan Amount Range$500 to $30,000
Repayment Terms36 to 72 months
Time to Receive FundsUndisclosed
Overview

First Credit Union stands out as the best personal loan lender in Chandler, Arizona, receiving a MoneyGeek score of 96 out of 100. First Credit Union, established as Arizona's first credit union in 1929, is federally insured by the National Credit Union Administration (NCUA).

It allows you to pay via digital banking without any charges and offers a convenient video-based e-branch, making accessing your loan more flexible. However, you should be aware of a $40 fee if you need to skip a payment and there are late payment charges, which could affect your overall loan experience.

Best Online Personal Loan in Chandler, AZ

Company logo for Laurel Road
Laurel Road
MoneyGeek Score:
94/ of 100

APR Range8.99% to 24.25%
Loan Amount Range$5,000 to $45,000
Repayment Terms36 to 60 months
Time to Receive Funds7 Business Days
Overview

Laurel Road is recognized as the best online lender for personal loans in Chandler, Arizona, boasting a MoneyGeek score of 94 out of 100. The lender offers a range of $5,000 to $45,000 for personal loans with repayment terms between 36 to 60 months. With its seamless application process and loan flexibility, it ensures that borrowers have a straightforward path towards funding, which can be as fast as seven business days.

Laurel Road provides a 0.25% discount on interest rates for borrowers who enroll in autopay, alongside the advantage of charging no origination fees. However, potential borrowers should be mindful of the lender's high minimum loan amount and the late fee of 5% or $28, which could be a concern for those requiring smaller loans or who may encounter issues with tardy payments.

Calculate Your Monthly Payment in Chandler, AZ

The United States Census Bureau reported that the median annual household income in Chandler, Arizona, in 2022 was $98,664. Whether your income is above or below this median, your ability to afford monthly loan payments is what truly impacts your financial health. Use our personal loan calculator to estimate your monthly loan payments and the total cost of the loan by entering the loan amount, rate and terms.

For instance, if you take a $10,000 personal loan with a 10% interest rate and a repayment term of three years, your monthly loan payments would be $323 per month, totaling $3,876 per year. This amount represents approximately 4% of the median annual household income in Chandler.

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Updated: Dec 5, 2024

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Runner-Up for Best Personal Loan in Chandler, AZ

Company logo for Arizona Central Credit Union
Arizona Central Credit Union
MoneyGeek Score:
96/ of 100

APR Range9.99% to 12.40%
Loan Amount Range$500 to $30,000
Repayment Terms12 to 60 months
Time to Receive FundsUndisclosed
Overview

Arizona Central Credit Union ranks as the runner-up for the best personal loans in Chandler, Arizona, with a MoneyGeek Score of 96 out of 100. Arizona Central Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1939. It allows borrowers to prequalify for loans, giving you a glimpse of potential terms without impacting your credit score.

Its APRs start as low as 9.99%, which can make your loan more affordable. However, there is a skip-a-payment processing fee of $25, and the borrowing limit is capped at $30,000, potentially limiting options for those seeking larger loan amounts.

Other Options for Personal Loans in Chandler, AZ

Company logo for Arizona Financial Credit Union
Arizona Financial Credit Union
MoneyGeek Score:
92/ of 100

MoneyGeek Score92
APR Range11% to 13.50%
Loan Amount RangeFrom $500
Repayment Terms36 to 60 months
Time to Receive FundsUndisclosed
Overview

Arizona Financial Credit Union stands out as a viable choice for personal loans in Chandler, Arizona, with a MoneyGeek score of 92 out of 100. Established in 1936, Arizona Financial is a locally-owned, non-profit financial cooperative that's federally insured by the National Credit Union Administration (NCUA).

Its borrowers can benefit from options like a minimum loan amount of $500 and no application fee, which promote accessibility and affordability. However, you should be prepared for a skip-a-payment processing fee of $25 and an e-pay fee of $5, which could add to the overall cost of the loan.

National Lenders With Physical Locations in Chandler, AZ

If you're searching for the best personal loans in Chandler, Arizona and prefer face-to-face service, you have a number of national lenders to consider. Wells Fargo, PNC, U.S. Bank and OneMain Financial all have a presence in Chandler, offering a range of personal loan options and services to meet your financial needs.

OneMain Financial18.00% to 35.99%$1,500 to $20,00024 to 60 months
PNCUp to 24.99%$1,000 to $35,0006 to 60 months
U.S. Bank8.74% to 24.99%$1,000 to $50,00012 to 84 months
Wells Fargo7.49% to 24.99%$3,000 to $100,00012 to 84 months

What to Do if You Can't Get a Personal Loan in Chandler, AZ

Your personal loan application in Chandler, Arizona, might be denied due to factors such as a low credit score, negative financial history or an unfavorable debt-to-income ratio. If this happens, there are steps you can take to navigate this setback.

  1. 1
    Find out the reason for the denial

    Some lenders may deny your loan application due to a poor credit score, high debt-to-income ratio, low income level or errors in your application. Reviewing the reasons helps you improve weak areas and prevent another loan application denial in the future.

  2. 2
    Modify your loan terms

    Try asking your lender if you can adjust the loan amount or repayment terms to get approved.

  3. 3
    Look for another lender

    Different lenders have varying eligibility criteria for personal loan approval. Shopping around and considering factors such as minimum credit score requirements, interest rates, loan terms, additional fees and customer service helps you find the best lender for your particular needs and circumstances.

  4. 4
    Explore credit counseling services

    Lenders often look at your debt-to-income ratio when evaluating your loan application. You may consider a credit counseling agency to better manage your credit card debt and develop your budget. You can get credit counseling services from Department of Justice's list of approved credit counseling agencies. The Financial Counseling Association of America can be another option.

FAQ About Personal Loans in Chandler, AZ

We addressed common questions about Chandler, Arizona's best personal loans to offer clarity and assist in your decision-making.

Who is the best overall personal loan lender in Chandler, Arizona?

What are personal loans used for in Chandler, Arizona?

What are the interest rates on personal loans in Chandler, Arizona?

What are the benefits and drawbacks of personal loans?

What are some personal loan red flags to look out for?

How to apply for a personal loan online?

Can I get a personal loan with bad credit in Chandler, Arizona?

What are the best low-interest personal loans in Chandler, Arizona?

What is an installment loan? Is there a difference between personal loans and installment loans in Chandler, Arizona?

Is there a difference between credit union loans and bank loans in Chandler, Arizona?

About Zachary Romeo, CBCA


Zachary Romeo, CBCA headshot

Zachary Romeo is a certified Commercial Banking and Credit Analyst (CBCA), and the Head of Loans and Banking at MoneyGeek. Previously, he led production teams for some of the largest online informational resources in higher education, with over 13 years of experience in editorial production.

Romeo has a bachelor's degree in biological engineering from Cornell University. He geeks out on minimizing personal debt and helping others do the same through people-first content.


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The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.