Best Personal Loans in Long Beach, CA

Long Beach City Employees Federal Credit Union is the best personal loan lender in Long Beach, California, earning a MoneyGeek score of 100 out of 100. Long Beach City Employees Federal Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1936. It charges no application fee for personal loans and offers a 0.25% autopay discount, creating a more affordable borrowing experience. However, its maximum borrowing limit is $50,000, which may not suit every financial need, and the lack of prequalification options could make it harder to know your eligibility upfront.

If you're searching for the best online lender for personal loans in Long Beach, California, look no further than Laurel Road, with a MoneyGeek score of 94 out of 100. It offers a loan amount ranging from $5,000 to $45,000 and repayment terms that span 36 to 60 months. Borrowers can expect to receive funds within seven business days. Keep in mind that Laurel Road provides a 0.25% autopay discount and doesn't charge origination fees. However, it sets a high minimum loan amount, which might not suit those seeking smaller loans, and implements a late fee of 5% or $28, which can add up if payments are missed.

ILWU Credit Union is the runner-up for the best personal loans in Long Beach, California, achieving a MoneyGeek score of 98 out of 100. ILWU Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1954. ILWU Credit Union offers no prepayment penalty, which means you can pay off your loan early without any extra charges and borrow as low as $1,000, providing flexibility for smaller loan amounts. Keep in mind that you can only borrow up to $25,000, which might not suit those needing larger loans. Additionally, it charges a late fee of up to $15.

Allied Healthcare Federal Credit Union is a suitable choice for personal loans in Long Beach, California, with a MoneyGeek score of 92 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 1956. Borrowers can benefit from a 0.25% rate discount for payments via payroll deduction or automatic transfer, making loan management more affordable. The credit union also offers a digital banking feature, ensuring convenient access to your account anytime. However, its maximum loan amount is $25,000, which might not suit those needing larger funds. Additionally, it does not offer an option to prequalify online, which could be inconvenient.

CalCom Federal Credit Union in Long Beach, California, is another good choice for personal loans, receiving a MoneyGeek score of 90 out of 100. CalCom Federal Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1968. It allows co-borrowers to make a loan more accessible if you have a joint household or want to share responsibilities. Additionally, it has a mobile app, enhancing convenience and ease of access to your account details and loan management. However, it caps its loan amounts at $15,000, which may not meet all borrowing needs. Note that it charges a $30 nonsufficient funds (NSF) fee.