Best Personal Loans in Hollywood, FL: Top Lenders & Best Picks for You

Truist might be a good choice if you're shopping around for a lender who offers higher borrowing caps and quick funding. If you're in the market for a loan and are hoping to save money through automated payments, Truist offers discounts. Plus the Truist smartphone app makes it simple to monitor your finances.

Keep in mind that you cannot use a Truist loan to purchase stocks and bonds or repay an existing LightStream loan. However, Truist's loan terms are among the lowest. Repayment terms are also favorable, with options between six and 60 months.

Pros

• Low interest rates
• Provides a downloadable app
• No origination fees
• High BBB rating
• Has autopay discounts

MoneyGeek recommends Upstart to folks in Hollywood who are looking for a loan but have poor credit. Applicants with credit ratings as low as 300 are welcome to apply to Upstart. Upstart's online tool lets you examine your expected rate in only a few minutes. Those with poor credit, however, may be charged high interest rates while those with higher scores can get a competitive APR.

Upstart is not as flexible as other lenders, depositing cash the following business day and allowing just 36 or 60 months to repay the loan. You should also factor in a possible 10% origination charge and potential late fees.

Pros

• No prepayment penalties
• Loans as low as $1,000
• Competitive APR
• Low credit score requirement
• Offers prequalification

Consumers with good credit in Hollywood might qualify for a low APR with SoFi. Because it only operates online, SoFi has no physical branches. Also, if your personal loan with SoFi is in good standing and you lose your job, you may be able to apply for unemployment protection and extend your repayment time.

SoFi, unlike many other lenders, does not charge origination fees or late payment penalties. Also, the payback period is flexible. However, due to Sofi’s minimum credit score requirement of 680, the lender may not be the best fit for those with lower scores.

Pros

• Low APR
• Online prequalification
• Long repayment terms
• Offers unemployment protection
• No fees

Launched in 2016, Upgrade is an online-only financial services provider. It allows potential borrowers to apply for a loan over the internet or by phone without physically visiting a branch. Upgrade pays creditors directly and is MoneyGeek's choice for Hollywood's best debt consolidation lender. The lender provides loans of up to $50,000.

To be eligible for Upgrade personal loans, candidates must have a score of at least 560. However, borrowers with lower scores may be able to take out larger loans or earn more favorable interest rates if they have a co-applicant who also meets this condition. Upgrade's origination fee ranges from 1.85% to 8.99% on all personal loans.

Pros

• Offers joint loans
• Pays creditors directly
• Has prequalification
• Low APR for those with good credit
• Has a mobile app

When it comes to funding a home repair project, Best Egg is MoneyGeek's top option for people in Hollywood, Florida. Best Eggs loans start at $2,000 and max out at $50,000, making it possible to finance most home improvement projects. Also, the minimum repayment term for a loan is 36 months, and the maximum is 60 months, which is quite flexible. You can also pay off your loan early without incurring any fees.

Loan candidates need a credit score of 700 or above to get the best interest rates. Unfortunately, even in cases of extreme necessity, same-day financing is not possible. To see if you qualify for a Best Egg loan, you can estimate your rate and submit your supporting documentation online.

Pros

• Excellent Trustpilot rating
• A+ BBB rating
• Can check rate online within minutes
• No prepayment fees
• Minimum loan amount of $2,000