Best Personal Loans in Eugene, OR: Top Lenders & Best Picks for You

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Edited byMorgan Hull

Updated: December 28, 2023

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MoneyGeek's Picks for Best Personal Loan Lenders in Eugene, OR

MoneyGeek evaluated lenders for more than 30 data points to choose the best personal loan lender in Eugene. Based on our analysis, LightStream offers the best personal loans in Eugene due to its competitive rates, flexible repayment terms and fast disbursement time. Borrowers with good and bad credit may get the best rates from SoFi and Upstart, respectively. Lenders like Upgrade and Best Egg are worth considering if you need funding for debt consolidation or home renovation.

Best Overall Personal Loan Lender in Eugene: LightStream

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Best Personal Loan Lender for Bad Credit in Eugene: Upstart

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Best Personal Loan Lender for Good Credit in Eugene: SoFi

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Best Personal Loan Lender for Debt Consolidation in Eugene: Upgrade

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Best Personal Loan Lender for Home Improvement in Eugene: Best Egg

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

It can be discouraging when you get denied for a personal loan. If your personal loan application is rejected, it’s important to contact the lender directly to find out why you weren’t approved. Sometimes, making simple modifications to your application, like reducing your loan amount, could lead to approval.

If your application is rejected because of a low credit score, we recommend waiting until you’ve improved your credit score before reapplying. This is because each time you submit a loan application, the lender completes a hard credit check which negatively impacts your credit score. You could always apply with a different lender that has a lower credit score requirement, but you still run the risk of getting rejected, further negatively impacting your credit score or receiving a high interest rate.

Besides personal loans, borrowers in need of funding may also consider home equity lines of credit, credit cards and other financial products available in Eugene. MoneyGeek cautions borrowers against resorting to payday loans, which come with high fees and unreasonable repayment terms.

Frequently Asked Questions About Personal Loans in Eugene

MoneyGeek answered the most frequently asked questions about personal loans to help borrowers in Eugene make the best financial decision.

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Our Personal Loan Methodology

To help you find the best lender for your needs, MoneyGeek reviewed over 30 personal loan lenders for more than 35 individual data points across key categories, including loan affordability, lender transparency, consumer friendliness, customer service and accessibility.

For the above categories, we chose individual data points that carry the most weight. These factors include available loan amount, APR ranges, minimum income and credit score requirement, application fees and disbursement period. In addition to these factors, we also highlighted unique features, such as payment options, mobile applications, prequalifications and more, which you may find useful when choosing a lender.

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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.