Best Personal Loans in Oxnard, CA

Premiere America Credit Union is the best personal loan lender in Oxnard, California, with a MoneyGeek score of 97 out of 100. Premier America Credit Union, federally insured by the National Credit Union Administration (NCUA), has been serving members since 1957. Borrow as low as $500, enjoy starting APRs of 9.24% and apply with a partner with its joint applications. However, potential borrowers must be members for at least six months to apply, which might be a hurdle for some. Also, there is no prequalification, which could be inconvenient when shopping for loan terms.

Laurel Road is the best online lender for personal loans in Oxnard, 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, providing a flexible timeline for repayment. It offers a 0.25% discount on payments made through autopay and does not charge origination fees, which can reduce the overall cost for borrowers. However, it has a high minimum loan amount that may not be suitable for those seeking smaller loans and a $28 late fee policy, which can add to the cost if payments are missed.

Wescom Credit Union is the runner-up for the best personal loans in Oxnard, California, with a MoneyGeek score of 93 out of 100. It is a credit union founded in 1934 by telephone company employees, federally insured by the National Credit Union Administration (NCUA). One factor to appreciate from this lender is there are no origination or prepayment fees, which can help save on costs. Another appealing aspect is the opportunity to receive up to a 0.50% rate reduction after six consecutive on-time loan payments, potentially reducing overall interest expenses. However, it charges a 5% late fee, underscoring the necessity of timely payments. Additionally, it doesn't allow prequalification, making it difficult to gauge eligibility and personal rate offers without a full application.

County Schools Federal Credit Union is a reliable choice for personal loans in Oxnard, California, with a MoneyGeek score of 91 out of 100. It began in 1960 as Ventura Schools Federal Credit Union and is now federally insured by the National Credit Union Administration (NCUA). Its acceptance of joint applications and availability of a mobile app makes it appealing to those looking for convenience and flexibility. However, borrowers must consider that it charges a $25 late fee and does not offer prequalification, which might affect those looking for initial flexibility without commitment.

Ventura County Credit Union is an option for personal loans in Oxnard, California, receiving a MoneyGeek score of 89 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been supporting its members since 1950 with valuable banking solutions. Ventura County Credit Union offers a 0.25% discount for automatic transfers and accepts joint applications. On the downside, there is no option to prequalify, and the website provides limited loan information.