Best Personal Loans in Pomona, CA

Credit Union of Southern California is the best personal loan lender in Pomona, California, with a MoneyGeek score of 95 out of 100. Federally insured by the National Credit Union Administration (NCUA), it has been serving members since 1954. Its minimum loan amount of $500 makes it accessible for small financial needs. Additionally, there are no application or prepayment fees, which adds to affordability. However, potential borrowers can only borrow up to $30,000, which might not cover larger financial goals. It also doesn't allow prequalification, meaning you may have to undergo a hard credit check upfront.

Laurel Road ranks as the best online lender for personal loans in Pomona, California, with a MoneyGeek score of 94 out of 100. Its offerings include a loan amount ranging from $5,000 to $45,000 and repayment terms between 36 to 60 months. It grants a 0.25% rate discount with autopay enrollment and doesn’t charge origination fees. However, individuals seeking smaller loans might find the high minimum loan amount restrictive, and late payments incur a fee of either 5% or $28, which could add to the cost if payments are missed.

Altura Credit Union is the runner-up for the best personal loans in Pomona, California, with a MoneyGeek score of 94 out of 100. Altura was founded in 1957 as Riverside Schools Credit Union and is now federally insured by the National Credit Union Administration (NCUA). It offers a wide range of term options, giving you repayment flexibility. You can also benefit from its skip-a-payment option, granting extra financial breathing room when needed. However, you'll find very little information about personal loans on its website, which could make researching your options challenging. Additionally, there is a $3.95 fee for online payments made via Express Pay, which might be an inconvenience.

Self-Help Federal Credit Union is another suitable choice for personal loans in Pomona, California, thanks to its competitive offerings that lead to a MoneyGeek score of 91 out of 100. It is federally insured by the National Credit Union Administration (NCUA) and has been serving members since 2008. Borrowers can benefit from up to a 0.50% rate discount, making it more affordable. It also allows joint applications, offering flexibility for those who need a co-borrower. However, the $50,000 loan amount limit may not meet the needs of those seeking larger sums. Also, its website offers limited information about loans, making it harder to find detailed terms and conditions.

Arrowhead Credit Union is a noteworthy option for personal loans in Pomona, California, with a MoneyGeek score of 91 out of 100. Arrowhead Credit Union, which is federally insured by the National Credit Union Administration (NCUA), has been serving members since 1949. The minimum borrowing amount of $500 allows for flexibility in meeting specific financial needs, and the absence of prepayment penalties provides freedom to repay the loan early without extra costs. However, the maximum loan amount is $25,000, which might not suffice for large-scale expenses, and the lack of prequalification options could make it challenging to gauge approval chances before a formal application.