Best Personal Loans in Fontana, CA

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Updated: October 13, 2024

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Christian Community Credit Union is the best personal loan lender in Fontana, California, with a MoneyGeek score of 100 out of 100, offering outstanding service, competitive interest rates and flexible repayment terms, while Laurel Road, with a MoneyGeek score of 94 out of 100, ranks as the top lender for online personal loans by providing excellent customer service, a seamless application and approval process and being credible and transparent about its loan terms and process.

MoneyGeek focused on local lenders and evaluated them based on criteria like interest rates, loan terms, loan application process, and loan funding speed to give our top city recommendations. If you're interested in national lenders, we compiled our picks for the best personal loans in California.

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 Fontana, California. We also looked at online-only lenders licensed to do business in the state.

325Lenders Analyzed Nationally

Overall Best Personal Loan in Fontana, CA

Company logo for Christian Community Credit Union
Christian Community Credit Union
MoneyGeek Score:
100/ of 100

APR Range8.99% to 23.99%
Loan Amount Range$2,500 to $50,000
Repayment Terms24 to 60 months
Time to Receive FundsUndisclosed
Overview

Christian Community Credit Union stands out as the best personal loan lender in Fontana, California, with a MoneyGeek score of 100 out of 100. Christian Community Credit Union (CCCU) is a faith-based financial cooperative that's federally insured by the National Credit Union Administration (NCUA). This lender offers loans with no origination fee, which could lead to significant savings right from the start.

Additionally, it prides itself on having no prepayment penalty, making it easier for you to repay your loan early without additional costs. However, you should know that it charges a $30 fee for any returned loan payment. Another point to consider is its borrowing limit set at $50,000, which might be insufficient if you need a higher amount.

Best Online Personal Loan in Fontana, CA

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 the best online lender for personal loans in Fontana, California, with a MoneyGeek score of 94 out of 100. It offers loans ranging from $5,000 to $45,000 with repayment terms between 36 to 60 months. In addition to allowing borrowers to shave off some of the interest by setting up autopsy — which provides a 0.25% discount—it also spares them from origination fees.

However, the $5,000 minimum loan amount could be higher than what some borrowers seek, and for those who might miss a payment, there is a late fee of either 5% or $28 to keep in mind.

Calculate Your Monthly Payment in Fontana, CA

The median annual household income in Fontana, California in 2022 is $93,581, as reported by the United States Census Bureau. Regardless of whether your actual income is above or below this median value, your ability to afford monthly loan payments is what truly matters. 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 example, calculate the monthly loan payments of a $10,000 personal loan with a 10% interest rate and three years in repayment terms. The result is $323 per month, totaling $3,876 per year, which impacts the median annual household income by approximately 4%.

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Estimate the monthly payment for your loan.

Updated: Oct 14, 2024

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Runner-Up for Best Personal Loan in Fontana, CA

Company logo for Golden 1 Credit Union
Golden 1 Credit Union
MoneyGeek Score:
97/ of 100

APR RangeFrom 8.89%
Loan Amount Range$1,000 to $50,000
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Golden 1 Credit Union stands out as the runner-up for personal loans in Fontana, California, with a MoneyGeek Score of 97 out of 100. It was established in 1933 by 11 state employees as California State Employees' Credit Union, which eventually became Golden 1. It is federally insured by the National Credit Union Administration (NCUA). It offers attractive features for borrowers. The lender does not charge an origination fee, which can help you save on initial loan costs. There is also no prepayment penalty, providing flexibility if you decide to pay off your loan early.

However, you should be aware that the borrowing limit is capped at $50,000, which may not meet all financial needs if you require a larger loan. Additionally, there is a late payment fee of 5% of the past due amount or $15, whichever is greater, highlighting the importance of timely payments to avoid extra charges.

Other Options for Personal Loans in Fontana, CA

Company logo for Credit Union of Southern California
Credit Union of Southern California
MoneyGeek Score:
92/ of 100

MoneyGeek Score92
APR Range10.99% to 18.99%
Loan Amount Range$500 to $30,000
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Credit Union of Southern California is a suitable choice for personal loans in Fontana, receiving a MoneyGeek score of 92 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has served members since 1954. This lender offers several attractive features. You can start with a minimum loan amount of $500, which allows flexibility for borrowers who need smaller loans. Another appealing aspect is that there are no application or prepayment fees, providing a more cost-effective borrowing experience.

However, consider that borrowers can only borrow up to $30,000, which may limit options for those needing larger amounts. Additionally, it doesn't allow prequalification, which might be less convenient if you're comparing loan offers.

Company logo for UNCLE Credit Union
UNCLE Credit Union
MoneyGeek Score:
91/ of 100

MoneyGeek Score91
APR Range16.50 to 31.50%
Loan Amount RangeUp to $40,000
Repayment Terms24 to 60 months
Time to Receive FundsUndisclosed
Overview

UNCLE Credit Union is a solid option for personal loans in Fontana, California, with a MoneyGeek score of 91 out of 100. Established in 1957, it is federally insured by the National Credit Union Administration (NCUA). When considering this lender, you may find that it provides loan payment assistance, which can offer some relief during difficult financial times. Additionally, it has a mobile app to make managing your loan more convenient.

However, keep in mind that the maximum loan amount offered is $40,000, which might limit larger borrowing needs. It also charges a late fee of $10 or 5% of the monthly payment, which is something to consider if timely payments might be a concern.

National Lenders With Physical Locations in Fontana, CA

Borrowers in Fontana, California seeking the best personal loans have the advantage of selecting from a variety of national lenders that provide in-person services. These lending options include Wells Fargo, U.S. Bank, and OneMain Financial, all with local branches catering to personalized loan assistance and support.

OneMain FinancialAPR Range18.00% to 35.99%Loan Amount Range$1,500 to $20,000Repayment Terms24 to 60 months
U.S. BankAPR Range8.74% to 24.99%Loan Amount Range$1,000 to $50,000Repayment Terms12 to 84 months
Wells FargoAPR Range7.49% to 24.99%Loan Amount Range$3,000 to $100,000Repayment Terms12 to 84 months

What to Do if You Can't Get a Personal Loan in Fontana, CA

Your personal loan application in Fontana, California, may be denied due to reasons like a low credit score, negative financial history, or an unfavorable debt-to-income ratio. If this occurs, follow specific steps to navigate this setback effectively.

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 these reasons helps you improve weak areas and prevent future application denials.

2
Modify your loan terms

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

3
Look for another lender

Different lenders have varying eligibility criteria for personal loan approval. Shopping around allows you to consider factors like minimum credit score requirements, interest rates, loan terms, additional fees and customer service to find the best lender for your needs.

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 the Department of Financial Protection and Innovation's published list of nonprofit credit counseling agencies. The Department of Justice's list of approved credit counseling agencies can be another option.

FAQ About Personal Loans in Fontana, CA

We addressed common questions about top personal loans in Fontana, California, offering insights to assist you in making well-informed choices.

Who is the best overall personal loan lender in Fontana, California?
What are personal loans used for in Fontana, California?
What are the interest rates on personal loans in Fontana, California?
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 Fontana, California?
What are the best low-interest personal loans in Fontana, California?
What is an installment loan? Is there a difference between personal loans and installment loans in Fontana, California?
Is there a difference between credit union loans and bank loans in Fontana, California?

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.