Best Personal Loans in Corona, CA: Top Lenders & Best Picks for You

Updated: December 28, 2023

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MoneyGeek's Picks for Best Personal Loan Lenders in Corona, CA

MoneyGeek gathered information from over 30 sources and assessed it using various criteria to discover the best personal loan lenders in Corona, California. We considered the following factors: minimum credit score, customer service quality, APRs, payback terms and time to receive funds.

MoneyGeek researched several providers for different borrower profiles to help you determine the best loan for you. For example, according to our research, LightStream is the best overall personal loan provider in Corona. SoFi is better for borrowers with good credit, whereas Upstart is best for individuals with bad credit.

Best Overall Personal Loan Lender in Corona: LightStream

  • LightStream

    • 4.49% to 20.49%APR Range
    • 660Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 24 to 84 monthsRepayment Terms
    • Same DayTime to Receive Funds

    Established in 2013, LightStream is an online lending division of SunTrust Banks. The company provides personal loan services nationwide. Due to its capacity to disburse large loan amounts and excellent service, MoneyGeek ranks LightStream as the best overall personal loan company in Corona.

    The lender has no origination fees, late or prepayment penalties and employment or income requirements. LightStream received an A+ rating from the BBB.

    However, LightStream exclusively loans to those with good-to-exceptional credit. If you have bad credit, this lender is not your best option.


    • Fast fund disbursement
    • No late fees
    • No prepayment penalties
    • No origination fees
    • 0.5% autopay discount


    • Limits fund usage
    • Conducts hard inquiry
    • Not available to people with new or no credit

Best Personal Loan Lender for Bad Credit in Corona: Upstart

  • Upstart

    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    The Upstart AI lending platform was founded in 2012. The company has recently loaned $28.6 billion, and 73% of loans are fully automated.

    MoneyGeek ranked Upstart best for borrowers with poor credit in Corona due to the lender's low credit requirement of 300, A+ BBB rating and ability to provide funds within one to two business days.

    With loan limits ranging from $1,000 to $50,000, Upstart may not be the best option if you require a larger loan.


    • A+ rating from the BBB
    • Conducts soft inquiry
    • No prepayment fee
    • Loans as low as $1,000
    • Fast fund disbursement


    • No autopay discount
    • Maximum loan amount of $50,000
    • No co-signers
    • Charges late payment fees

Best Personal Loan Lender for Good Credit in Corona: SoFi

  • SoFi

    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds

    SoFi was founded in 2011 and has financed more than $59 billion in loans. It is a good lending platform for borrowers looking for large loan amounts. SoFi’s loan amounts range from $5,000 to $100,000 with flexible payback periods and a fixed interest rate.

    You can use a SoFi personal loan for credit card consolidation, home improvements, family planning, vacations and weddings. Because SoFi does not impose origination or prepayment fees, it appeals to borrowers wishing to consolidate debt or finance large purchases.


    • No prepayment fees
    • Offers 0.25% autopay discount
    • A+ rating from the BBB
    • No origination fee
    • Offers unemployment protection


    • No co-signer options
    • Won’t accept applicants with new or no credit
    • High minimum loan amount

Best Personal Loan Lender for Debt Consolidation in Corona: Upgrade

  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds

    Upgrade is MoneyGeek's pick for the best personal loan lender in Corona for debt consolidation. The company provides loans of up to $50,000 and has flexible payback terms.

    Upgrade’s minimum credit score requirement is 560, making it a potential option for consumers with less-than-perfect credit. The lender restricts the use of borrowed funds. Borrowers cannot use an Upgrade personal loan to finance investments or postsecondary education.


    • Autopay discount
    • No prepayment fees
    • Conducts soft credit check
    • Has an app
    • A+ rating from the BBB


    • No co-signers
    • High origination fees
    • Potentially high APR
    • Maximum loan amount of $50,000

Best Personal Loan Lender for Home Improvement in Corona: Best Egg

  • Best Egg

    • 4.99% to 35.99%APR Range
    • 700Minimum Credit Score
    • $2,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    MoneyGeek determined that Best Egg is the best lender in Corona for home renovation loans. The company provides minimum loan amounts as low as $2,000. Additionally, it has an A+ rating with the Better Business Bureau.

    Best Egg was founded in 2014 and has financed over one million loans. It's a good option for individuals who don't require more than $50,000 or who may repay their loan early, as it doesn't impose prepayment costs. However, Best Egg requires excellent credit.


    • Low minimum loan amount
    • Conducts soft inquiry
    • Fast approval and funding
    • No prepayment fees
    • A+ rating from the BBB


    • Has late fees
    • High maximum APR
    • High credit score requirement
    Best Egg

Where to Start: How to Choose the Best Personal Loan Lender in Corona for You

Personal loan eligibility is heavily influenced by various factors, including your credit score, income and the loan amount. In Corona, the average personal loan debt is $16,790. If you are interested in applying for a personal loan, MoneyGeek recommends taking the following steps:

Ask Yourself the Important Questions

Consider several factors when choosing the best personal loan lender for you in Corona. Ask yourself these questions:

  • How much funding do I need? When selecting a personal loan lender, one of the first things to consider is how much money you will need. This will determine what kind of loan products are available to you. Some lenders offer larger loans, while others provide smaller ones, and all have different qualifications for borrowers.
  • What is my credit score? When considering a personal loan, consider your credit score. Your credit score can impact your eligibility and the interest rate on your monthly payments.
  • Can I afford the monthly payment? Determine whether you can afford to pay back the loan. How will a new monthly payment fit into your budget?
  • How much debt do I already have? Lenders consider your debt-to-income ratio when deciding whether to loan you money.
Do Your Research

Personal loans are long-term commitments that affect your credit score. Shop around for the best interest rates and terms. This MoneyGeek guide is an excellent place to start.


If you need money quickly, it's tempting to rush into a loan, but waiting a day or two is better. Take time to thoroughly research the loan terms before making a decision.

Read the Fine Print

If you want to borrow money from a bank or other lender, you must understand how loans operate. Ensure you know the interest rates and fees before signing the contract. Moreover, understand when fees are assessed.

Don’t agree to terms you don’t understand. If something is unclear, ask questions.


Lenders generally want proof of identity, address and income during the application process. A quick phone call or visit to the lender can clarify issues that might hinder or delay approval.

What to Do if You Can’t Get a Personal Loan in Corona

Your personal loan application might be denied. Perhaps you don't have a good enough credit score or haven't maintained a stable salary for a minimum of six months. If a lender rejects your application, ask why. You may be able to change the loan amount or repayment timeframe.

If you want to apply with another lender, first address the issues that led to your application being turned down by the first lender.

Don't be tempted by payday loans. These come with high-interest rates and short repayment periods that can plunge you further into debt.

Frequently Asked Questions About Personal Loans in Corona

The best personal loan provider for you depends on your individual needs and financial profile. MoneyGeek answers the most frequently asked questions about Corona personal loans.

What is the best personal loan lender in Corona?
Which lender in Corona has the lowest interest rate?
Can I use a personal loan for vacations in Corona?
Can I use a personal loan for home improvement in Corona?
What can I not use my personal loan for in Corona?
How much can I borrow in Corona?
How long does it take to get a personal loan in Corona?
Can I pay off my loan early in Corona?

Our Personal Loan Methodology

We analyzed more than 30 personal loan providers using 35+ unique data points across six major categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

We looked at factors under each area of our rating criteria to determine which personal loan providers were best. These factors include APR ranges, available loan amount, minimum credit score, income amount, application charges and disbursement time.

Because we care about you, the customer, MoneyGeek considers each lender's customer service, company ratings and any extra features that may make doing business with them more convenient for you, such as prequalification, payment options and mobile apps.

After thorough analysis and calculation, our recommendations are made with your best interest in mind. Our advice and guidance for personal loans are designed to help you choose the most suitable lender for your specific situation.

Shield Insurance

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.