Best Personal Loans in Scottsdale, AZ

Arizona Financial Credit Union stands out as the best personal loan lender in Scottsdale, Arizona, achieving a MoneyGeek score of 99 out of 100. Established in 1936, Arizona Financial is a locally-owned, non-profit financial cooperative that's federally insured by the National Credit Union Administration (NCUA).

As a lender, it offers impressive features that borrowers might appreciate, such as the ability to take out a minimum loan of $500 and the benefit of no application fee, which can reduce upfront costs. However, borrowers should be aware of its specific fees, including a $25 skip-a-payment processing fee and a $5 e-pay fee, which may impact the overall cost of the loan.

Laurel Road is the best online lender for personal loans in Scottsdale, California, with a MoneyGeek score of 94 out of 100. It offers loans ranging from $5,000 to $45,000, with repayment terms between 36 to 60 months. Borrowers might appreciate that it provides a 0.25% autopay discount and charges no origination fees, which can reduce the overall cost of the loan.

However, one should be mindful of the high minimum loan amount requirement, which might not be suitable for those needing a smaller loan. A late fee of 5% or $28 could also add to the cost if payments are not made on time.

Credit Union West ranks as the runner-up for the best personal loans in Scottsdale, Arizona, with a MoneyGeek score of 97 out of 100. Established in 1951 as Luke Federal Credit Union, it is federally insured by the National Credit Union Administration (NCUA). As a lender, Credit Union West offers automated bill pay, allowing you to manage your payments effortlessly.

You also have the flexibility of a skip-a-payment option, adding a layer of convenience for those times when financial situations become tight. However, you should be aware that there is a $15 fee for representative loan payments using another financial institution, which can be an extra cost to consider. Additionally, there is no option to prequalify, meaning you'll have to go through the full application process to know your eligibility.

America First Credit Union stands out as a suitable choice for personal loans in Scottsdale, Arizona, with a MoneyGeek score of 94 out of 100. It offers a competitive APR range from 11.99% to 15.49% on loans up to $30,000 with repayment terms between 24 to 60 months. America First Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1939. It provides digital and mobile banking options.

Additionally, its loan calculator helps estimate payment amounts, offering transparency before commitment. However, borrowers should consider that it imposes late payment charges, which could affect those struggling with on-time payments. There is also an $8 fee for payments made with a card, which might be a factor for those who prefer credit or debit transactions.

Global Credit Union is a noteworthy choice for personal loans in Scottsdale, Arizona, with a MoneyGeek score of 92 out of 100. Global Credit Union, established in 1948, is federally insured by the National Credit Union Administration (NCUA). It has no application fee, which can help reduce upfront costs when you're applying. You can apply online, over the phone or at a branch, offering flexibility in how you interact with it.

However, the absence of an option to prequalify might be a downside if you want to check potential rates without affecting your credit score. Additionally, its lack of disclosure about loan eligibility requirements could leave you uncertain about whether you meet the criteria.