Best Personal Loans in Spring Valley, NV: Top Lenders & Best Picks for You

According to MoneyGeek’s research, LightStream offers the best personal loan in Spring Valley. LightStream is Truist Bank's online lending platform, established in 2019 following the merger of SunTrust and BB&T. Up to $100,000 in loans are available through LightStream, and they can be transferred to your bank account as soon as the same day your loan application is approved.

LightStream provides personal loans for a wide range of needs, including home improvements, debt relief and special occasions. You need to have a credit score of 660 or above to be eligible for a LightStream loan.

LightStream has a broad range of repayment term options, ranging from 24 to 84 months.

Pros

• A+ BBB rating
• Doesn’t charge origination or late fees
• $100,000 maximum loan
• Many repayment term options

Upstart offers the best personal loans in Spring Valley for individuals who have bad credit. It is a platform for loans powered by artificial intelligence (AI), established in 2012. Upstart lends money even to borrowers with bad or incomplete credit, although you may have to pay high interest rates if you don’t qualify for Upstart’s reasonable baseline APR.

Upstart considers additional aspects, including your job and total income, whereas many lenders place a stronger emphasis on your creditworthiness. While Upstart offers small loans of just $1,000, its $50,000 maximum loan might not cover large expenses.

Upstart offers next-day funding on most personal loans. However, it only has two repayment term options of three or five years, so if you’re looking for flexible repayment terms, you won’t find them here.

Pros

• Minimum credit score of 300
• Performs soft credit check
• Quick loan disbursement
• Doesn’t charge prepayment fee
• Low minimum APR

MoneyGeek's top choice for the best personal loan in Spring Valley for borrowers with good credit is SoFi. With a SoFi personal loan, you can get a loan of up to $100,000 with reasonable repayment terms of 12 to 60 months.

The company runs a soft credit check for eligibility, which has no effect on your credit ratings. Additionally, it provides consumers with unemployment protection, in which SoFi will allow you to decrease or pause your payments if you unexpectedly lose your job.

SoFi’s minimum APR is pretty high, but that’s offset somewhat by the low maximum rate. SoFi offers quick loan funding, but keep in mind that if you don’t have a credit score of at least 680, your application will not be considered.

Pros

• Many options for repayment terms
• Doesn’t charge late fees
• Maximum loan of $100,000
• Provides 0.25% autopay discount
• Low maximum APR

Upgrade is MoneyGeek's top recommendation in Spring Valley for debt consolidation personal loans. It is a fintech business founded in 2017 that offers services for checking accounts, credit cards and personal loans. This lender accepts candidates with a credit score of at least 560 and has no minimum income criteria.

Upgrade provides loans of up to $50,000 with customizable repayment plans that last up to 60 months. People who opt to pay off their loans early are not subject to fines from Upgrade. In addition, this lender usually funds loans immediately.

Upgrade’s baseline APR is among the lowest in Spring Valley, Nevada, although borrowers who are not as well-qualified could see high APRs.

Pros

• Pays creditors directly for debt consolidation
• Doesn’t charge prepayment fee
• Low minimum APR
• Broad range of repayment options
• $1,000 loan minimum

Best Egg is the best personal loan in Spring Valley for home improvement, allowing consumers to obtain loans between $2,000 and $50,000.

A borrower must have a credit score of at least 700 and an annual income of at least $50,000 to be approved for a Best Egg personal loan. When you check your rates, Best Egg will run a soft credit check that won't have an impact on your credit rating. Some of Best Egg's borrowers receive their money within a day, although funding release may take up to three days.

Be aware that Best Egg only offers repayment terms of three to five years, so if you’re looking for longer repayment options, you might need to look elsewhere.

Pros

• Soft credit inquiry
• Quick funding
• No prepayment penalty fee
• Website discloses rates