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

Truist Bank manages the operations of LightStream, an online lending platform offering unsecured personal loans for various uses. The online lender, founded in 2013, funds borrowers with a minimum credit score of 660.

LightStream is MoneyGeek’s top pick for personal loans in Oceanside. Customers receive fixed-rate loans ranging from $5,000 to $100,000, and repayment spans two to seven years. You can apply for a LightStream loan on the company website and track your payments online or through the mobile app.

LightStream’s application process features fast approval and disbursement. Applicants receive funds in their account on the same day of application. Some restrictions on LightStream loans include utilizing the funds on postsecondary studies and investing in stocks and bonds.

Pros

• Autopay discount
• Quick approval and funding
• No prepayment, late or origination fees
• High maximum limit of $100,000
• Low APR range with autopay

Oceanside residents with a credit score of 300 and above may be eligible for a personal loan from Upstart from $1,000 to $50,000. The lender was formed in 2012 and is MoneyGeek’s top choice for borrowers with poor credit scores.

Upstart has a fast approval and funding process, with borrowers receiving funds the next day after application. While the lender has a lower minimum APR than most lenders, you may pay high interest depending on your qualifications.

You may also pay no prepayment fees but incur up to 10% of the loan amount as origination fees and at least $15 as the late fee. A drawback of Upstart is borrowers must be in employment or have an offer starting in six months to qualify.

Pros

• Borrowers prequalified through a soft credit inquiry
• Accepts borrowers with new credit
• Disburses funds in a day
• No prepayment fees
• Fixed interest rates

MoneyGeek scored Social Finance as the best personal loan lender in Oceanside for those with good credit. Borrowers with a minimum score of 680 get funding after a few days. The company started operations in 2011.

SoFi offers several benefits to its customers, including 0.25% as the autopay discount and a maximum loan amount of $100,000. Lenders who need funding below $5,000 may not find SoFi to be a suitable lender.

Borrowers who lose their source of income may take advantage of the lender’s unemployment and career strategy programs to make necessary adjustments to their repayment terms.

SoFi performs a soft credit inquiry during prequalification and allows co-applications and multiple personal loans. However, it does not accept co-signing and restricts fund use.

Pros

• Allows co-borrowing
• No prepayment, origination or late fees
• Autopay discount of 0.25%
• High maximum loan amount
• Unemployment protection and career strategy program

Upgrade, founded in 2017, is MoneyGeek’s selection for the best personal loans in Oceanside for debt consolidation. The lender also provides loans for other purposes, including credit card refinancing, home improvement and large purchases. However, it does not fund investments, gambling, postsecondary education costs and illegal activities.

Potential Upgrade customers must meet the 560 minimum credit score requirement, which is fairer than most lenders in Oceanside. They also must meet the three- to five-year repayment duration.

Upgrade customers can get funds immediately after application. With a personal loan from this company, you may pay up to $10 in late fees and up to 8.99% in origination fees. The lender pays third parties directly for debt consolidation and allows joint applications.

Pros

• Fair minimum credit score requirement
• Direct payments to third parties
• Joint applications
• No prepayment penalty
• Soft credit inquiry

Based on our findings, Best Egg is the top provider of personal loans in Oceanside for borrowers seeking to fund home improvement projects. The lender allows individuals with a FICO score of at least 700 to access funding.

Best Egg debuted in 2013. The lender offers between $2,000 and $50,000 to potential customers, and you can repay the loan in three to five years.

Best Egg conducts soft credit checks during prequalification and funds your account immediately, as well as pays third parties if the funds are for debt consolidation.

Borrowers receive up to 0.5% autopay discount and pay no fee on prepayments. However, origination fees may apply. You may not use the funds for postsecondary education, to purchase securities or to fund illegal activities.

Pros

• No prepayment fee
• Direct payment for debt consolidation
• Autopay discount
• $2,000 minimum, which is ideal for small projects
• Soft credit inquiry