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Best Personal Loans in Jacksonville, FL

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Updated: December 28, 2023

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MoneyGeek's Picks for Best Personal Loan Lenders in Jacksonville, FL

MoneyGeek reviewed lenders for a variety of data points to help you find the best personal loans in Jacksonville. Our analysis took into consideration various factors including lenders’ interest rates, loan limits, repayment terms and applicable fees. We also factored in minimum credit score and gross income requirements, accessibility and user experience to rank the best lenders in Jacksonville

MoneyGeek found that Truist is the best lender overall for personal loans in Jacksonville but the best option for you may vary depending on your particular profile and needs. Those with bad and good credit will get the best personal loans from Upstart and SoFi, respectively. For borrowers looking to use their personal loans for debt consolidation or home improvement, Upgrade and Best Egg are your best options.

Best Personal Loan Lender Overall in Jacksonville: Truist

  • Truist

    • 8.14% to 18.99%APR Range
    • NoneMinimum Credit Score
    • $3,500 to $50,000Loan Amount Range
    • 6 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    MoneyGeek found that Truist is the best lender for the average borrower in Jacksonville. The company was formed from the merger of BB&T and SunTrust and offers personal loans to borrowers in 15 states, including Florida. Its A+ Better Business Bureau (BBB) rating, indicates that the company provides excellent customer service.

    Truist stands out among lenders in Jacksonville for offering relatively low APR rates and flexible loan limits. Depending on your creditworthiness, you’ll receive an interest rate ranging from 8.14% to 18.99%, with no origination or early payment fees. If you need funds urgently, Truist disburses funds quickly, usually within the next day.

    Truist does not have a specific gross income requirement, but borrowers need a lengthy credit history to qualify. This lender does not have a prequalification option so you cannot check rates online before applying.


    • Low interest rates
    • No origination fees
    • No prepayment fees
    • No late fees
    • Auto payment discounts


    • No prequalification options
    • Conducts hard credit checks
    • High minimum credit score requirement
    • Limited availability — only offered in 15 states
    • Restrictions on fund usage

Best Personal Loan Lender for Bad Credit in Jacksonville: Upstart

  • Upstart

    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    Upstart is an artificial intelligence (AI) lending platform that was founded in 2012. The lender offers borrowers flexible loan limits with repayment terms of up to 60 months. To qualify for an Upstart loan you don’t need a lengthy credit history, making it the best option for borrowers with poor credit.

    Although the lender does have a minimum gross income requirement, it’s relatively low at $12,000. Borrowers can check online to see if they pre-qualify for a loan without affecting their credit score. With next-day funding available, Upstart is also a good option if you need funds quickly.

    Though Upstart only requires a relatively low credit score of 300, its personal loans come with a high maximum APR — up to 35.99%. The lender also has origination fees and late fees, potentially increasing the cost of your loan.


    • Relatively low credit score requirement
    • No prepayment fees
    • Flexible payment options
    • Soft credit inquiry
    • Quick funding


    • High maximum APR rates
    • Late fees
    • Origination fees up to 8%
    • Minimum gross income requirement
    • Co-signers not allowed

Best Personal Loan Lender for Good Credit in Jacksonville: SoFi

  • SoFi

    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds

    SoFi was founded in 2011 and was the first company to refinance federal and private student loans. As the company grew, the lender expanded its loan product offerings to include personal loans in 2015. Today, this lender is the best option for borrowers with good credit scores that need a larger personal loan at a relatively low APR.

    You can get a personal loan from SoFi ranging from $5,000 to $100,000 at an APR between 5.74% and 20.28%. SoFi personal loans can be used for various purposes including funding home renovations, financing big purchases and consolidation of debt. The lender has a quick and convenient online application process, including the option to check if you prequalify without negatively impacting your credit score.

    However, funds from SoFi loans cannot be used for education expenses. If you’re seeking a loan for this reason, you should apply with a different loan lender. The lender’s high minimum gross income requirement of $50,000 may also prevent some borrowers from applying for a loan.


    • No origination fees
    • No prepayment fees
    • Flexible loan limits
    • Auto-pay discounts
    • Employment protection if you lose your job


    • High minimum gross income requirement of at least $50,000
    • High Minimum credit score requirement
    • Restrictions on usage of funds
    • Debt-to-income (DTI) limit of 43%
    • Fund disbursement takes up to two days

Best Personal Loan for Debt Consolidation in Jacksonville: Upgrade

  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds

    For borrowers looking for the best personal loans in Jacksonville to consolidate debt, Upgrade is their best option. This lender will pay your creditors directly if your loan is for debt consolidation.

    Established in 2016, Upgrade offers personal loans with flexible loan limits ranging from $1,000 to $50,000 with a variety of repayment terms. Funds are disbursed relatively quickly — usually within the same business day of your loan approval. However, you need a minimum credit score of 560 to qualify and loans are subject to origination fees.


    • Quick funding of loans
    • No prepayment fees
    • Pre-qualification process available
    • No minimum gross income requirement
    • Direct payment to creditors for debt consolidation loans


    • High APR
    • Origination fees
    • Late fees
    • Co-signers not allowed
    • Restriction on fund usage

Best Personal Loan for Home Improvement in Jacksonville: Best Egg

  • Best Egg

    • 4.99% to 35.99%APR Range
    • 700Minimum Credit Score
    • $2,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    Best Egg was founded in 2014 and is the best lender in Jacksonville for borrowers who want a personal loan for home improvement or renovations.

    To qualify for a Best Egg personal loan you need a minimum credit score of 700 and a gross income of at least $50,000. Typically, loans are disbursed in one to three days, so Best Egg is a good choice for borrowers who need funds quickly. You can also check rates online without affecting your credit score using the pre-qualification option.

    Compared to other lenders, Best Egg has relatively high fees and APR rates, but you may qualify for lower interest rates based on your creditworthiness. This lender does not allow co-applicants.


    • Prequalification option with soft credit checks
    • No prepayment fees
    • Auto pay discount
    • Quick fund disbursement
    • No restrictions on fund usage


    • Origination fees
    • Late fees
    • High minimum credit score requirement
    • High minimum gross income requirement
    • Co-signers not allowed
    Best Egg

How to Choose the Best Personal Loan Lender in Jacksonville for You

The average personal loan amount in Florida is $10,400 but factors like your credit score, gross income and existing debt will impact your individual loan rate and limit. When shopping for personal loans in Jacksonville, it’s important to compare lenders based on your profile and needs, since rates and terms may vary.

Understanding credit score requirements and other minimum requirements for qualification as well as repayment options are some of the factors that will guide you in finding the best lender for your needs.

Ask Yourself the Important Questions

Before taking out a personal loan, it’s important to assess your financial situation and capacity to repay the loan. At a minimum, MoneyGeek recommends asking yourself the following questions before applying for a loan:

  1. How much funding do I need?
  2. What is my credit score?
  3. Can I afford the monthly payment?
  4. How much debt do I already have?
Do Your Research

Personal loans require a long-term financial commitment so ensuring you choose the right lender is key. To find the best option for you, you should research different lenders for their minimum requirements, rates and terms. This will help you find the most favorable terms and rates for your profile.

MoneyGeek’s recommendations highlight the best lenders for different profiles and scenarios, but we still encourage that you complete your own research to find the best lender for you based on your unique needs.


It’s important to wait a day or two before submitting a personal loan application. During this time, you can carefully consider all your options, including other financing alternatives, to make sure that a personal loan is the right decision for you. A personal loan will have a long-term impact on your finances, so it’s best to avoid making a hasty decision.

Read the Fine Print

We recommend that you read the terms included in your loan so that you understand all the fees and rates of your agreement. Apart from interest, personal loans may also incur other charges like late and prepayment fees, among others. If you’re concerned about a feature of your loan agreement, you should reach out to your loan lender for further clarification.


Once you’ve selected a loan lender and understand all the loan terms, you can submit your personal loan application. The lender will likely request that you provide personal information, including proof of income, financial statements and other details. In most cases, you will be able to apply for a personal loan online, but some lenders require that you complete the application in person.

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

Loan applications are denied for a variety of reasons. Lenders may decline your loan if you fail to meet their minimum credit score or DTI ratio requirements. However, if your application is denied for these reasons, you shouldn’t worry — these are factors that you can improve over time.

If you’re rejected for a loan, you should reach out to the lender to find out why your loan was declined. This will help you figure out what you can do to improve your application before reapplying with the lender or applying with a different lender.

We strongly recommend that you improve your application before applying for another loan, as this could negatively impact your credit score. We also discourage borrowers from taking out payday loans, as they feature high interest rates and short repayment periods.

Frequently Asked Questions About Personal Loans in Jacksonville

Personal needs and various credit and income factors will impact the best personal loan lender for you. We answered commonly asked questions about personal loans in Jacksonville to help you find the best options for your profile.

What is the best personal loan lender in Jacksonville?
Which lender in Jacksonville has the lowest interest rate?
Can I use a personal loan for vacations in Jacksonville?
Can I use a personal loan for home improvement in Jacksonville?
What can I not use my personal loan for in Jacksonville?
How much can I borrow in Jacksonville?
How long does it take to get a personal loan in Jacksonville?
Can I pay off my loan early in Jacksonville?

Our Personal Loan Methodology

MoneyGeek analyzed over 30 personal loan lenders using 35+ individual data points across six main categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

For each category, we considered multiple data points that we feel have the most significant impact when choosing a personal loan lender. These factors include APR rates, available loan limits, minimum credit score and gross income requirements, application fees and disbursement time. MoneyGeek values you, the consumer, so our analysis also factors in each lender’s customer support, business ratings and additional features that ensure a better user experience like prequalification, payment options and availability of mobile apps.

After careful consideration, we pick our recommendations with your best interest in mind. Our personal loan recommendations and expert tips are meant to help you make the best decision when choosing the right lender for your needs.

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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.