Best Personal Loans in Modesto, CA

MOCSE Federal Credit Union is the best personal loan lender in Modesto, California, receiving a MoneyGeek score of 98 out of 100. Mocse Federal Credit Union is federally backed by the National Credit Union Administration (NCUA) and has been providing financial services to its members since 1959. It has three branches in Modesto, California, and offers the lowest possible APR of 9.99%. Keep in mind its $30,000 borrowing limit and the fact that it doesn't disclose loan eligibility criteria.

Laurel Road is the best online lender for personal loans in Modesto, California, with a MoneyGeek score of 94 out of 100. It offers a broad range of loan amounts, from $5,000 to $45,000, with 36 to 60 months of repayment terms and a 0.25% rate discount for automatic payments, which can reduce overall loan costs. It does not charge origination fees, saving borrowers money upfront. On the flip side, its minimum loan amount is relatively high, which might not be ideal for those seeking smaller loans. Additionally, it imposes a late fee of 5% or $28, which borrowers should be mindful of when managing their repayment schedules.

Valley First Credit Union is the runner-up for the best personal loans in Modesto, California, with a MoneyGeek score of 97 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been providing various financial services to its members for nearly 75 years. The lender's APR starts at 9.99%, making it an attractive option if you're looking for a competitive interest rate. You can also borrow as low as $500, providing flexibility if you need a smaller loan. However, it offers no rate discounts, and its loan eligibility requirements remain unclear, which may impact those seeking additional savings and transparency.

Modesto's First Federal Credit Union is a reliable choice for personal loans in Modesto, California, with a MoneyGeek score of 94 out of 100. It is a not-for-profit financial institution that's federally insured by the National Credit Union Administration (NCUA). Borrowers can appreciate no prepayment penalties or hidden charges and the acceptance of joint applications. However, it does not offer the option to prequalify and limits borrowing to a maximum of $10,000.

Organized Labor Credit Union is a good option for personal loans in Modesto, California, with a MoneyGeek score of 85 out of 100. It is backed by the National Credit Union Administration (NCUA), serving its members since 1974. It allows co-borrowers and provides a mobile app, offering flexibility for those who prefer to manage their finances digitally. However, borrowers should know that it doesn't allow prequalification, which means you may have to go through the complete application process to find your loan terms. Additionally, there's limited information about personal loans on its website, which could make it harder to gather all necessary details upfront.