Top Lenders & Best Picks for You

Best Personal Loans in Las Vegas, NV

The average personal loan in Las Vegas, Nevada, is $18,301, with an average interest rate of 9.16%. Personal loans can be used for things like emergency expenses, medical costs, debt consolidation and more. However, you need to make sure that you qualify for a personal loan by going over the minimum requirements of lenders. This tends to vary by lending company, so you want to evaluate multiple lenders to ensure you find the right option for you. MoneyGeek can help with this process.

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Last Updated: 9/7/2022

MoneyGeek’s Pick for Best Lender in Las Vegas, NV: LightStream

To find the best personal loan companies in Las Vegas, MoneyGeek evaluated more than 30 data points to help you identify the right lender for you. We looked at loan amounts, fees, discounts and more to help find the best lender for certain borrower profiles.

The best personal loan lender can vary based on your needs and personal circumstances. MoneyGeek also summarized the application requirements for each lender, including the factors that can affect a borrower’s chances of getting a loan.

Best Overall Personal Loan Lender in Las Vegas: LightStream


  • LightStream

    • 4.49% to 20.49%APR Range
    • 660Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 24 to 84 monthsRepayment Terms
    • Same DayTime to Receive Funds

    on LightStream Website


  • 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

    on Upstart Website

Best Personal Loan Lender for Bad Credit in Las Vegas: Upstart

Best Personal Loan Lender for Good Credit in Las Vegas: 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

    on SoFi Website

Best Personal Loan Lender for Debt Consolidation in Las Vegas: 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

    on Upgrade Website

Best Personal Loan Lender for Home Improvement in Las Vegas: 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

    on Best Egg Website

How to Choose the Best Personal Loan Lender in Las Vegas For You

In Nevada, the average personal loan debt is $18,301. Borrowers often use personal loans to cover large purchases, emergency expenses or to consolidate debt. However, you need to consider your ability to pay before applying. MoneyGeek compiled steps that you can follow as you search for the best personal loans in Las Vegas.

1

Ask Yourself the Important Questions

We recommend asking yourself a few simple but important questions to determine if a personal loan is the best option for you. Getting a personal loan is a commitment that could take several years to pay off entirely, so you need to be certain that it’s a good solution for you.

Take the time to ask yourself the following questions:

  1. How much funding do you need?
  2. What is your credit score?
  3. Can you afford the monthly payment?
  4. How much debt do you already have?
2

Do Your Research

Different lenders have varying interest rates, terms, conditions and fees. That is why you must do your own research by shopping around and comparing rates from multiple lenders. You can do this without applying for a personal loan, especially since some lenders do a hard credit check when you apply, which could hurt your credit score. Also, be mindful of any restrictions that lenders may have on the use of loan funds. Check if the loan you want to apply for can be used for your intended purpose.

3

Wait

Try to wait a day or two before coming to a final decision about applying for a personal loan. Take your time and assess your needs. By giving yourself a breather, you could gain a new perspective on your needs and whether taking a personal loan is a wise choice for you based on your financial situation. You may even be able to figure out a different way to fund your expenses.

4

Read the Fine Print

You should always review the rates and fees of a loan and be sure that you understand the technicalities and jargon that lenders use. For instance, some lenders may charge extra fees, such as origination fees, late fees and prepayment fees. Not everyone takes the time to read the fine print, but this is essential to make sure that you’ve covered all your bases before signing up for a loan. However, making sure you fully understand the terms of your loan can save you money.

5

Apply

Once you’ve picked out your preferred lender and carefully analyzed every term and condition they implement, you can proceed with your loan application. Most lenders will ask for your identification, proof of income and address verification. You can either complete your application online or go to the lending company’s physical office. Choose the option you are most comfortable with and move forward with submitting your application.

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

Loan applications can get denied for a variety of reasons. These include a low credit score, a high debt-to-income ratio, low income, incomplete paperwork or something as trivial as an innocent mistake when filling out your loan application form.

If you find yourself in this situation, MoneyGeek recommends that you contact the lender to find out why they declined your loan application. By learning the contributing factors that got your application denied, you could improve your odds of getting approved the next time you apply. Try making a few adjustments to your application, such as decreasing the loan amount or going for a shorter payment term. You should also ensure you fix any issues before applying with another lender so that you don’t have another application declined.

MoneyGeek advises against getting a payday loan. These short-term loans charge high interest rates and mandate short repayment periods, increasing your odds of going deeper into debt.

Frequently Asked Questions About Personal Loans in Las Vegas

The best personal loan company for you will depend on your specific needs and your borrower profile. MoneyGeek answered some of the most commonly asked questions about personal loans in Las Vegas to help you with your lender search.

Our Personal Loan Methodology

We reviewed more than 30 personal loan lenders using 35+ individual data points across six key categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

Within each ranking criteria category, we considered several individual data points that we feel carry the most weight when choosing a personal loan lender. These factors include APR ranges, available loan amount, minimum credit score, minimum income amount, application fees and disbursement time.

Here at MoneyGeek, we value you, the consumer, so we also factor in each lender’s customer support, business ratings and additional features that could make your experience easier and more accessible, like prequalification, payment options and mobile apps.

After careful consideration and calculation, our picks are determined with your best interest in mind. Our personal loan recommendations and expert tips are meant to help you make the best decision when choosing a lender that meets your needs.

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.