Best Personal Loans in Cape Coral, FL

Suncoast Credit Union is the best personal loan lender in Cape Coral, Florida, with a MoneyGeek score of 95 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1934. The lender doesn't charge an application fee and prepayment penalty, which can save borrowers money. However, it does not offer rate discounts. The borrowing limit of $50,000 might not suit everyone’s financial needs.

Laurel Road is the best online lender for personal loans in Cape Coral, Florida, with a MoneyGeek score of 94 out of 100. It offers loan amounts ranging from $5,000 to $45,000 and repayment terms of 36 to 60 months. It provides borrowers with a 0.25% discount on autopay and doesn't charge origination fees. However, it has a relatively high minimum loan amount requirement. It also imposes a late fee of either 5% or $28, which can add to the cost of the loan if payments are not made on time.

Achieva Credit Union is a solid option for personal loans in Cape Coral, Florida, with a MoneyGeek score of 90 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1937. It doesn't have hidden fees, which enhances cost transparency. It offers an option to skip up to six payments over the life of the loan, offering added flexibility for financial planning. However, its application process may be a bit challenging as it may charge late fees. It also doesn't allow prequalification, which could be inconvenient for those looking to understand payment terms better before committing.

MIDFLORIDA Credit Union is a good option for personal loans in Cape Coral, Florida, with a MoneyGeek score of 90 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1954. It offers soft credit pulls, which means checking your eligibility without affecting your credit score. You can also benefit from the option to skip a loan payment, providing flexibility during financial setbacks. However, the lender doesn't offer rate discounts, which could make other lenders more appealing if you qualify for such perks elsewhere. Additionally, its website doesn't have comprehensive loan information, which might leave some borrowers searching for details.