Best Personal Loans in Corona, CA

Wescom Credit Union is the best personal loan lender in Corona, California, with a MoneyGeek score of 96 out of 100. It is a credit union founded in 1934 by telephone company employees and is federally insured by the National Credit Union Administration (NCUA). This lender doesn't charge origination or prepayment fees, making the loan process more affordable. Borrowers can also benefit from up to a 0.50% rate reduction for six consecutive on-time loan payments, leading to savings over time. However, it charges a 5% late fee, which can add up quickly if payments are missed. This lender does not allow prequalification, which might limit early assessment opportunities for potential borrowers.

Laurel Road is the best online lender for personal loans in Corona, California, with a MoneyGeek score of 94 out of 100. It offers personal loans ranging from $5,000 to $45,000 with repayment terms between 36 to 60 months. It provides a 0.25% autopay discount and charges no origination fees, which can help reduce the overall cost of the loan. However, be mindful of the high minimum loan amount requirement that might not suit those seeking smaller loans. It also imposes a late fee, which can be an additional financial burden if payments are missed.

Schools First Federal Credit Union is the runner-up for the best personal loans in Corona, California, with a MoneyGeek score of 96 out of 100. Schools It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1934. The lender doesn't charge origination or prepayment fees, which can save you money. If flexibility in your loan repayment is a priority, you have the option to skip up to three payments over the life of the loan. However, there is no option to prequalify on the website, which might impact your ability to explore rates initially. Also, not all information on repayment terms is disclosed, which could leave you seeking more details when planning your payments.

Altura Credit Union, with a MoneyGeek score of 88 out of 100, is a suitable choice for personal loans in Corona, California. It was originally founded in 1957 as Riverside Schools Credit Union. It is federally insured by the National Credit Union Administration (NCUA). Borrowers might appreciate its wide range of term options and the opportunity to take advantage of a skip-a-payment option. However, there are some aspects you should consider. There is a lack of detailed information about personal loans on its website, and it charges a $3.95 fee for online payments via Express Pay.