Best Personal Loans in Bridgeport, CT: Top Lenders & Best Picks for You

Banner image
Edited byScott Strandberg

Updated: December 28, 2023

Advertising & Editorial Disclosure


MoneyGeek's Picks for Best Personal Loan Lenders in Bridgeport, CT

MoneyGeek uses a ranking system that evaluates more than 30 data points to recommend the best personal loan lenders in Bridgeport, placing the most weight on categories that are important to borrowers. We compared each lender’s loan amount ranges, interest rates and other important features to help make shopping easier.

LightStream is the best personal loan lender in Bridgeport, Connecticut. However, SoFi is the best option for borrowers with good credit, and Upstart is the best for bad credit. Meanwhile, Upgrade is a good choice for debt consolidation personal loans, and Best Egg excels at providing home improvement loans.

Best Overall Personal Loan Lender in Bridgeport: LightStream


Best Personal Loan Lender for Bad Credit in Bridgeport: Upstart


Best Personal Loan Lender for Good Credit in Bridgeport: SoFi


Best Personal Loan Lender for Debt Consolidation in Bridgeport: Upgrade


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


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

In Connecticut, borrowers owe an average of $14,038 on personal loans. The best personal loans in Connecticut vary based on each borrower’s requirements and credit profile.

If you are looking for the best personal loan lender in Bridgeport, Connecticut, we recommend going through the following step-by-step guide.


Ask Yourself the Important Questions

Lenders analyze a borrower's credit score, existing debt, income and debt-to-income ratio to evaluate their entire financial profile. Before you even begin to compare personal loans in Bridgeport, it’s important to have answers to the following questions:

  • How much funding do I need? Only borrow the amount that you need. Overborrowing can make a loan difficult to repay.
  • What is my credit score? Lenders set specific credit score requirements to approve you for a loan.
  • Can I afford the monthly payment? Make sure your monthly payments will fit into your budget, or you could find yourself in a worse financial situation than you started in.
  • How much debt do I already have? It is generally not advisable to add more debt if your debt-to-income ratio is already high.

Do Your Research

MoneyGeek’s recommendations of the best personal loan lenders prioritize the average borrower’s best interests in Bridgeport. That said, it still helps to do your own research before applying with any lender. Just like MoneyGeek evaluates lenders, you may also compare lenders based on how they differ in loan amounts, APR ranges, disbursement times and credit score requirements.



Don’t feel the need to accept an offer immediately. Lenders usually give you a few days to decide. You can take this time to think it over by weighing the pros and cons of getting a personal loan and whether it is a smart decision to get one.


Read the Fine Print

Take the time to review the fine print and ask questions if there are fees that aren’t clear to you. It can help save you a lot of money by avoiding lenders that charge prepayment, origination and late payment fees.



To process your loan, lenders will require several documents to prove your income, existing debts and more.

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

Personal loan lenders set requirements that may limit some borrowers’ ability to qualify for a personal loan. The loan amount, repayment terms, credit score, income and current debts will determine a borrower’s creditworthiness and ability to pay off the loan. Depending on each lender’s evaluation, it could reject an application if it determines you are borrowing more than you can afford or do not meet the requirements.

Several online lenders allow you to check your rates by submitting an initial application. This performs a soft credit pull and allows you to make adjustments until you find the right loan amount and repayment terms for your budget and situation. If a lender rejects your application after a hard credit pull, you should inquire about the reasons for the rejection. Recognizing the reasons for your initial rejection may help you make improvements and ultimately submit successful applications in the future.

If a personal loan is not an option, other financial options, such as credit cards, home equity and more, are available. However, beware of the types of loans to avoid, such as payday loans, which have exorbitant interest rates and extremely short repayment terms.

Frequently Asked Questions About Personal Loans in Bridgeport

MoneyGeek helps borrowers find the best personal loans in Bridgeport. We answered some of the most frequently asked questions about personal loans in the city.

LightStream is the best personal loan lender in Bridgeport for the average borrower. Other lenders like SoFi and Upgrade are excellent options if you have good or bad credit, respectively. If you plan to renovate your home, Best Egg may have the best offers. Upstart is a great option for consolidating debt.

In Bridgeport, Upstart has the lowest minimum APR out of all the lenders we reviewed.

Yes. However, this varies between lenders, so you may want to check if they allow the use of funds for this purpose. Each lender has its own funding restrictions.

If you lack the funds to make necessary home upgrades and improvements, a personal loan may be an excellent solution. In Bridgeport, Best Egg is the lender with the best offers for home renovation projects.

Personal loan funds typically cannot be used for investing, education or any form of illegal activity. However, these restrictions vary from lender to lender.

Based on the lenders we reviewed, you can borrow as little as $1,000 and as much as $1000,000, depending on your creditworthiness.

Once your loan is approved, it may take lenders around one to three days to fund your account. However, some lenders offer same-day funding.

You can pay off your loan early, but take note that there may be prepayment penalties charged by your lender.

Our Personal Loan Methodology

Here at MoneyGeek, we thoroughly review each lender to recommend the best personal loan lenders to borrowers in Bridgeport. Our team of contributors and experts work together to make a thorough analysis and calculation when choosing a lender to recommend. We developed a ranking system that looks at 35+ distinct factors in six critical categories — loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency. We evaluated more than 30 personal loan lenders.

We considered specific variables, such as APR ranges, the maximum loan amount, the required credit score, the required minimum income, the application cost and the disbursement period.

We also have taken into account each lender's customer service, business ratings and any extra features that could help you decide on the personal loan that suits you best.

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.