Best Personal Loans in Little Rock, AR

Southern Gas Federal Credit Union stands out as the best personal loan lender in Little Rock, Arkansas, receiving a MoneyGeek score of 96 out of 100. Southern Gas Federal Credit Union (SGFCU) was established in 1941 and is federally insured by the National Credit Union Administration (NCUA). Offering low APR rates starting at 6.35%, it's an enticing choice for borrowers.

Additionally, it facilitates joint credit applications, providing flexibility for those who wish to apply with a co-borrower. However, be aware of its fees, such as the $35 fee for skipping a payment and a $15 ACH origination charge, which might impact overall affordability.

If you are looking for the best online lender for personal loans in Little Rock, Arkansas, Laurel Road should be at the top of your list, 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, giving you flexibility in managing your finances. Notably, it also includes an autopay discount of 0.25%, which can reduce the overall cost of your loan, and it does not charge origination fees, making your borrowing experience more straightforward.

On the other hand, it does have a high minimum loan amount, which could be a barrier for those needing smaller sums, and a late fee of 5% or $28, which is something to consider if you occasionally find it challenging to make payments on time.

Cooperative Extension Service Federal Credit Union ranks as a strong contender for personal loans in Little Rock, Arkansas, with a MoneyGeek Score of 96 out of 100. Established in 1946 as Agricultural Extension Workers Credit Association, it is federally insured by the National Credit Union Administration (NCUA).

I offers attractive features like an APR as low as 9.49% and a financial calculator to help borrowers understand their payments. Additionally, its payroll deduction for payments can make managing finances easier, and it provides both online and mobile banking options for convenience. However, borrowers should be aware that there is a skip-a-payment processing fee of $25. Its website provides limited information about loans, and the borrowing limit is capped at $15,000.

For those seeking personal loans in Little Rock, Arkansas, Telcoe Federal Credit Union is a strong option with a MoneyGeek score of 96 out of 100. It, founded in 1950, is federally insured by the National Credit Union Administration (NCUA). Prospective borrowers will find its minimum loan amount of $200 convenient, facilitating small borrowings without unnecessary complications.

Additionally, it offers financial calculators to help borrowers plan their finances effectively. However, the borrowing limit is $6,000, which may not suit those needing higher amounts. Also, borrowers must open a Prime Savings Account first, a requirement that could be seen as an initial hurdle for some.

Dillards Federal Credit Union is another good choice for personal loans in Little Rock, Arkansas, with a MoneyGeek score of 92 out of 100. It, which is federally insured by the National Credit Union Administration (NCUA), has been serving its members since 1966. You might find its APR as low as 7.50% attractive. Its BBB rating of A+ assures reliability. However, it's essential to note that there is a skip-a-payment fee of $30, and a late payment fee of $25 could apply. Keep these factors in mind when considering your loan options.