Best Personal Loans in Enterprise, NV: Top Lenders & Best Picks for You

Updated: October 30, 2024

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WHAT WE’RE GEEKING OUT ON

MoneyGeek's Picks for Best Personal Loan Lenders in Enterprise, NV

MoneyGeek compared personal loans in Enterprise based on more than 30 factors, including credit score requirements, customer service, loan amounts, interest rates, repayment terms and more.

Of the insurers evaluated, we found that LightStream offers the most competitive rates and terms for most borrowers in Enterprise. If you need a personal loan and have bad credit, we recommend Upstart, but if you have a better score, SoFi might offer more favorable terms. Upgrade is our top recommendation for debt consolidation, while Best Egg is our lender of choice for home improvement projects.

Best Overall Personal Loan Lender in Enterprise: LightStream


  • LightStream
    • 4.49% to 20.49%APR Range
    • 660Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 24 to 84 monthsRepayment Terms
    • Same DayTime to Receive Funds

    MoneyGeek rated LightStream as the best personal loan lender in Enterprise due to its affordable interest rates, lack of origination and late fees and flexible loan amounts.

    For those with excellent credit, it’s possible to receive a relatively low starting APR in comparison to other lenders. Another benefit is that LightStream's flexible repayment periods (up to 84 months) allow buyers to tailor their loan package to their needs.

    However, its relatively high minimum loan amount of $5,000 may not be ideal for individuals needing smaller loan amounts. Those with poor credit may also struggle to meet the minimum credit score requirement of 660. Furthermore, the lender does not allow borrowers to prequalify.

    Pros

    • High maximum loan amount
    • Low minimum APR
    • No fees
    • Flexible repayment terms

    Cons

    • Higher minimum loan amount
    • Minimum credit score requirement of 660
    • No online prequalification
    LightStream

Best Personal Loan Lender for Bad Credit in Enterprise: Upstart


  • Upstart
    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    MoneyGeek recommends Upstart to those in Enterprise with poor credit. Upstart accepts applicants with credit scores as low as 300. However, those with low credit scores may be subject to high interest rates. A one-time origination fee of up to 10% and late penalties are other costs to keep in mind with this lender.

    In contrast to other lenders, Upstart only offers two repayment terms: 36 or 60 months. Similarly, Upstart does not offer a mobile app for managing loans. You also can’t apply with a co-signer to increase your chances of being approved.

    Pros

    • Low minimum credit score requirement
    • No fees for early repayment
    • Low minimum loan amount
    • Low minimum APR

    Cons

    • No co-signers permitted
    • High maximum APR
    • Origination fees of up to 10%
    Upstart

Best Personal Loan Lender for Good Credit in Enterprise: SoFi


  • SoFi
    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds

    According to MoneyGeek's research, borrowers in Enterprise with excellent credit should consider SoFi. Since it is an online lender, SoFi does not maintain any brick-and-mortar locations. However, its smartphone app makes managing your loan on the go fast and easy.

    Unlike other lenders, SoFi doesn’t charge hidden fees, such as late fees or origination fees, for your loan. In addition, it provides greater flexibility than other lenders by offering multiple options for repayment. However, the 680 minimum credit score requirement makes SoFi less accessible to those with poor credit.

    Pros

    • Low minimum APR
    • Prequalification available
    • Flexible repayment terms
    • No fees
    • Mobile application available

    Cons

    • Relatively high minimum loan amount
    • High credit score requirement of 680
    • Online-only banking
    SoFi

Best Personal Loan Lender for Debt Consolidation in Enterprise: Upgrade


  • Upgrade
    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds

    Upgrade, which was founded in 2016, provides customers with a range of financial services online. Borrowers can complete their loan application online or over the phone without visiting a physical branch. MoneyGeek found that Upgrade was the top Enterprise debt consolidation lender since it offers direct payment to creditors.

    Loan products from this lender vary in amount from $1,000 to $50,000. Though the lender offers one of the lowest starting APRs, only applicants with the highest credit scores will receive it; applicants with poor credit scores may be subject to an extremely high interest rate.

    Prospective applicants should be aware that Upgrade has a minimum credit score requirement of 560. Upgrade also accepts co-applicants who meet this requirement, meaning that borrowers with less-than-ideal credit histories may still be able to take out larger loans or receive more favorable interest rates.

    Pros

    • Low minimum APR
    • Low minimum loan amount
    • Joint loans available
    • Direct payment to creditors
    • Online prequalification available

    Cons

    • Fair minimum credit score requirement
    • High maximum APR
    Upgrade

Best Personal Loan Lender for Home Improvement in Enterprise: Best Egg


  • Best Egg
    • 4.99% to 35.99%APR Range
    • 700Minimum Credit Score
    • $2,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    When it comes to financing a home improvement project, Best Egg is MoneyGeek's top personal loan lender for residents in Enterprise. Best Egg offers borrowers a range of loan amounts, from $2,000 to $50,000, with repayment terms between 36 and 60 months. Best Egg does not charge a fee for prepayment on any loan.

    Simply to qualify for a loan, applicants must have a credit score of at least 700. To receive a low interest rate on your loan, applicants must have an even higher credit score. This means that people with limited financial resources or poor credit may want to apply elsewhere. Same-day funding also isn’t available, so those seeking a personal loan for emergency expenses may want to look elsewhere.

    Pros

    • Low minimum loan amount
    • Online prequalification available
    • Autopay discount
    • No prepayment fees

    Cons

    • Late fees
    • High maximum APR
    • High minimum credit score requirement
    Best Egg

Where to Start: How to Choose the Best Personal Loan Lender in Enterprise for You

It's crucial to think about your debt load and credit score before applying for a loan. In Nevada, where the average credit score is 728, most borrowers won’t have difficulty qualifying for a personal loan.

However, it’s important to make sure that a personal loan is the best decision for you. If you're looking for a personal loan in Enterprise, MoneyGeek has some suggestions to help you find the best loan.

  1. 1
    Ask Yourself the Important Questions

    Personal loans have many advantages, but before applying for one, you should figure out if you can pay it back without breaking your budget. At a minimum, you should ask yourself the following questions:

    • Approximately how much do I need? Borrowing just the right amount of money can help you avoid paying too much in interest or taking out a second loan. In the long run, precision pays off, so take the time upfront to accurately estimate your loan needs.
    • What is my credit score? Your credit score impacts the loan amounts and rates available to you. Knowing your credit score will allow you to narrow down your search for lenders and help you get a better idea of the loan package you’ll receive. If you have a low credit score and aren’t in urgent need of funds, consider improving it first to receive the best rates.
    • Can I afford the monthly payment? Making a higher monthly payment means you’ll pay less in interest over the life of your loan. However, it’s important to ensure that your monthly payment doesn’t prevent you from making other living expenses.
    • What is my existing debt? If you have existing debt and don’t intend to use your personal loan to consolidate it, you may want to consider alternative funding sources.
  2. 2
    Do Your Research

    Lenders vary in terms of their interest rates, loan amounts and repayment terms. To find the best rate for your financial situation and needs, you should compare multiple lenders for their loan products, customer service ratings and available discounts.

    MoneyGeek’s recommendations provide an excellent starting point, but it's not a substitute for your own research. Our guide and suggestions are based on generic borrower profiles, rather than your specific needs. Only you can choose the best insurer.

  3. 3
    Wait

    After you’ve researched different lenders, you should wait a few days before submitting your application. During this time, you should see if your chosen lender offers a prequalification option. This will allow you to check the rates available to you, without impacting your credit score.

    Getting a personal loan is a big decision that could affect your finances for years, so it's important to weigh all of your options carefully before selecting a lender.

  4. 4
    Read the Fine Print

    To avoid any surprise costs, it’s important to read the fine print of your loan agreement. This includes fees like those for early repayment, late payment and loan origination that can add up over the life of your loan. If you have any questions about the terms of your loan, you should contact your lender for clarification.

  5. 5
    Apply

    Once you’ve completed the previous steps, you should gather the necessary paperwork and begin the personal loan application process. Most lenders require proof of income, residence and identification.

    Some lenders operate entirely online, whereas others also have physical locations. Depending on your lender, you may be able to complete the application online, over the phone or in person.

What to Do if You Can’t Get a Personal Loan in Enterprise

Your application for a personal loan in Enterprise may be denied for several reasons, including a low credit score, insufficient income or an incomplete application. If your application is rejected, you should ask the lender why it was denied; it may be possible to reduce your desired loan amount or repayment period to have it approved.

If you find that your application was rejected due to a low credit score, you may want to improve your credit score first before applying with a different lender. Each time you submit an application with a lender, it will complete a hard credit check. Because of this, your credit score may take a hit if you apply with several lenders simultaneously.

Consider exploring other options such as joint loans if you're having trouble getting a loan. A payday loan may be more accessible if you can't get a conventional loan, but MoneyGeek strongly cautions against this, as these loans feature high interest rates and short repayment periods.

Frequently Asked Questions About Personal Loans in Enterprise

The ideal personal loan provider for you will be based on your unique circumstances and financial requirements. To help you learn more about personal loans in Enterprise, MoneyGeek has provided answers to some frequently asked questions.

What is the best personal loan lender in Enterprise?
Which lender in Enterprise has the lowest interest rate?
Can I use a personal loan for vacations in Enterprise?
Can I use a personal loan for home improvement in Enterprise?
What can I not use my personal loan for in Enterprise?
How much can I borrow in Enterprise?
How long does it take to get a personal loan in Enterprise?
Can I pay off my loan early in Enterprise?

Our Personal Loan Methodology

Our goal at MoneyGeek is to assist you in finding the most suitable personal loan provider to meet your unique needs. We researched over 30 personal loan providers, analyzing over 35 data points across six categories, including interest rates, fees, availability, consumer friendliness, customer support options and transparency from the lender.

Within each area of our best personal loan provider rankings, we examined many data variables that we believe are crucial. Factors include interest rate tiers, loan amounts, minimum credit and income requirements and funding times.

Since your satisfaction is our first priority at MoneyGeek, we also consider whether each lender offers prequalification, online application and mobile apps as well as their company ratings and customer service.

About Christopher Boston

Christopher Boston headshot

Christopher (Croix) Boston was the Head of Loans content at MoneyGeek, with over five years of experience researching higher education, mortgage and personal loans.

Boston has a bachelor's degree from the Seattle Pacific University. They pride themselves in using their skills and experience to create quality content that helps people save and spend efficiently.

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The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.

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