Best Personal Loans in Elk Grove, CA

Golden 1 Credit Union is the best personal loan lender in Elk Grove, California, with a MoneyGeek score of 99 out of 100. It was established in 1933 by 11 state employees as California State Employees' Credit Union, which eventually became Golden 1. It is federally insured by the National Credit Union Administration (NCUA). It has a $500 minimum loan amount and a 0.75% discount for members who have been with the credit union for at least six months. However, its borrowing limit is $30,000, and it charges a 5% late fee — both of which could affect your borrowing experience.

Laurel Road is the best online lender for personal loans in Elk Grove, California, with a MoneyGeek score of 94 out of 100. Customers can access personal loans ranging from $5,000 to $45,000 and repayment terms between 36 and 60 months. Laurel Road offers a 0.25% autopay discount for customers who set up automatic payments and doesn't charge origination fees, which can reduce overall loan costs. However, its minimum loan amount is relatively high, which might not suit those seeking smaller loans. It also imposes a late fee of 5% or $28.

California Community Credit Union is the runner-up for the best personal loans in Elk Grove, California, with a MoneyGeek score of 95 out of 100. It has been providing financial services to members since 1939 and is federally insured by the National Credit Union Administration (NCUA). The lender offers a minimum loan amount of $500, which is beneficial if you're looking for smaller loans. It also has a loan calculator, which can be helpful for personal financial planning. However, there is a $20 application fee for emergency loans. It also has a borrowing limit of $25,000, which might not suffice if you're seeking larger funds.

Safe Credit Union is a reliable option for personal loans in Elk Grove, California, with a MoneyGeek score of 90 out of 100. It was established in 1940 and is federally insured by the National Credit Union Administration (NCUA). Its minimum loan amount of $600 allows flexibility for smaller borrowing needs. It also offers a 0.20% rate discount for existing members of at least 30 days. However, the borrowing limit of $20,000 might not suit those needing more substantial amounts. It also doesn't have a prequalification option for personal loans, which might make the initial application process a bit more cumbersome for some.

Goldenwest Credit Union is another good choice for personal loans in Elk Grove, California, with a MoneyGeek score of 89 out of 100. It was founded in the 1930s and is federally insured by the National Credit Union Administration (NCUA). The lender has a physical branch in Elk Grove, California, which makes in-person assistance easily accessible. It also has an A+ BBB rating, reflecting positive customer service experiences. However, its borrowing limit is $20,000, which might not suit those needing larger loan amounts. There's also limited information about its loan services online, making it necessary for potential borrowers to contact the credit union directly for specific details.