Best Personal Loans in Denver, CO

Credit Union of Denver is the best personal loan lender in Denver, Colorado, with a MoneyGeek score of 99 out of 100. It is federally insured by the NCUA, providing an added layer of security. Additionally, you can borrow as little as $250, making it flexible for various financial needs. However, it doesn't offer rate discounts that some other lenders might have. It also doesn't allow prequalification, which means you can't check your rate without affecting your credit score.

Laurel Road is the best online lender for personal loans in Denver, Colorado, with a MoneyGeek score of 93 out of 100. Its personal loan offerings range from $5,000 to $45,000 with repayment terms of 36 to 60 months; typically, funding is received within seven days. Borrowers will find the option to change the payment due date and a 0.25% autopay discount particularly appealing. However, the high minimum loan amount and the late fee of 5% or $28 may influence the overall cost of the loan.

Zing Credit Union is the runner-up for the best personal loans in Denver, Colorado, with a MoneyGeek score of 94 out of 100. It has a BBB rating of A+, ensuring trustworthiness. It offers an APR as low as 9.99%, which is competitive. However, there is no option to prequalify for its loans, requiring borrowers to commit without that initial flexibility. Additionally, it doesn't disclose loan eligibility requirements upfront, potentially causing uncertainties for potential applicants.

Partner Colorado Credit Union is a suitable choice for personal loans in Denver, Colorado, with a MoneyGeek score of 93 out of 100. It is federally insured by the NCUA, providing added security for its members. The lender also allows joint applications, making it easier for borrowers to qualify for loans with better terms. However, it does not allow prequalification, which can be limiting for those wanting to check potential rates without affecting their credit score. The maximum loan amount is $30,000, which might not be sufficient for borrowers needing larger sums.

Denver Fire Department Federal Credit Union is a solid option for personal loans in Denver, Colorado, with a MoneyGeek score of 91 out of 100. It offers an appealing APR starting at 9.59%. It maintains a BBB rating of A+, providing reassurance about its credibility. However, it does not offer a prequalification option, making it challenging to gauge loan approval chances without a hard inquiry. Additionally, it imposes a late payment fee of $10 and a $25 origination fee, which could increase the total cost of the loan.