Best Personal Loans in Gilbert, AZ

Arizona Financial Credit Union is the best personal loan lender in Gilbert, Arizona, with a MoneyGeek score of 99 out of 100. Established in 1936, it is a locally-owned, nonprofit financial cooperative federally insured by the National Credit Union Administration (NCUA). It offers some attractive features, such as a minimum loan amount of $500 and no application fee or prepayment penalty, which is great for those looking to keep costs down. However, it charges a skip-a-payment processing fee of $25 and an e-pay fee of $5, which might affect overall loan expenses.

Laurel Road is the best online lender for personal loans in Gilbert, Arizona, with a MoneyGeek score of 94 out of 100. It offers loans ranging from $5,000 to $45,000 with repayment terms of 36 to 60 months. Borrowers will appreciate the 0.25% autopay discount and the absence of origination fees, reducing the overall cost of the loan. However, it has a high minimum loan amount, which might not cater to those needing smaller sums. It also imposes a penalty for late payments, which is either 5% or $28, potentially adding to the loan expense in the event of a missed payment.

Global Credit Union is the runner-up for the best personal loans in Gilbert, Arizona, with a MoneyGeek score of 92 out of 100. Global Credit Union was established in 1948 and is federally insured by the National Credit Union Administration (NCUA). This lender has two branches in a shared coop in Gilbert, Arizona. It doesn't have application fees, which can make the loan process smoother and less costly. However, there is no option to prequalify, which may mean more uncertainty about your loan terms until you apply. There is also little information about the loans on its website, which might require direct communication for more details.

Mountain America Credit Union is a suitable choice for personal loans in Gilbert, Arizona, with a MoneyGeek score of 92 out of 100. It began in the 1930s with the goal of helping members financially and is federally insured by the National Credit Union Administration (NCUA). One favorable aspect is its absence of application fees, allowing borrowers to apply without upfront costs. It has a loan calculator to help you determine suitable loan amounts and repayment plans. However, it charges a $25 skip-a-payment fee should you decide to delay a payment. The inability to prequalify may make it challenging to know your rates beforehand.

One AZ Credit Union in Gilbert, Arizona, has a MoneyGeek score of 89 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1951. It offers personal loans with an APR ranging from 15.49% to 18%, with loan amounts of up to $2,500. The credit union has two branches in Gilbert, Arizona, and provides a courtesy pay service, which covers payments when there aren't enough funds in your account. However, it does have a stop payment fee of $25 and a borrowing limit of $2,500, which could be limiting for some borrowers. It also charges a pay-by-phone fee of $20.