Best Personal Loans in San Antonio, TX

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Updated: October 16, 2024

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River City Federal Credit Union in San Antonio, Texas, is the best personal loan lender with a MoneyGeek score of 94 out of 100 due to its quality service, competitive interest rates and credibility and transparency about its loan terms. Similarly, Laurel Road is the best lender for online personal loans with a MoneyGeek score of 93 out of 100, due to its strong customer service.

We prioritized local lenders and assessed them on factors like interest rates, loan terms, loan application process and speed of loan funding to identify the best city recommendations. If you're looking for national lenders, we compiled our top picks among the best personal loans in Texas.

MoneyGeek analyzed hundreds of lenders based on a rubric that includes APR ranges, loan amounts and repayment terms, among other key areas. We use a point-based system, assigning scores according to the presence or absence of certain desirable features in various critical categories.

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Our overall analysis was completed in August 2024. Here we considered banks and credit unions with brick-and-mortar locations in San Antonio, Texas. We also looked at online-only lenders licensed to do business in the state.

325Lenders Analyzed Nationally

Overall Best Personal Loan in San Antonio, TX

Company logo for River City Federal Credit Union
River City Federal Credit Union
MoneyGeek Score94
APR RangeFrom 6.99%
Loan Amount RangeUndisclosed
Repayment Terms0 to 60 months
Time to Receive FundsUndisclosed
Overview

River City Federal Credit Union is the best personal loan lender in San Antonio, Texas, with a MoneyGeek score of 94 out of 100. It offers an especially low APR to those who qualify and is federally insured by the NCUA, but you need to be a member to apply. It also offer skip-a-payment options on loans, which can be helpful if you encounter unexpected financial strain.

Best Online Personal Loan in San Antonio, TX

Company logo for Laurel Road
Laurel Road
MoneyGeek Score93
APR Range9.49% to 24.50%
Loan Amount Range$5,000 to $45,000
Repayment Terms36 to 60 months
Time to Receive FundsWithin 7 Days
Overview

Laurel Road is the best online lender for personal loans in San Antonio, Texas, with a MoneyGeek score of 93 out of 100. The lender offers personal loans ranging from $5,000 to $45,000 with repayment terms between 36 to 60 months.

Calculate Your Monthly Payment in San Antonio, TX

The median annual household income in San Antonio, Texas in 2022 was $58,829 as reported by the United States Census Bureau. Regardless of whether your actual income is above or below this median value, what matters is your ability to afford the monthly loan payments. Use our personal loan calculator to estimate your monthly loan payments and the total cost of the loan by entering the loan amount, rate and terms.

For example, if you take a $10,000 personal loan with a 10% interest rate and a three-year repayment term, your monthly payment would be $323, which adds up to $3,876 per year. This represents 7% of the median annual household income in San Antonio, Texas.

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Estimate the monthly payment for your loan.

Updated: Nov 21, 2024

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Runner-Up for Best Personal Loan in San Antonio, TX

Company logo for Generations Federal Credit Union
Generations Federal Credit Union
MoneyGeek Score94
APR RangeFrom 9.74%
Loan Amount RangeUndisclosed
Repayment Terms12 to 60 months
Time to Receive FundsUndisclosed
Overview

Generations Federal Credit Union is the runner-up for the best personal loans in San Antonio, Texas, with a MoneyGeek score of 94 out of 100. It stands out for being federally insured by the NCUA and offering a 0.25% autopay discount for new loans.

Other Options for Personal Loans in San Antonio, TX

Company logo for Power Financial Credit Union
Power Financial Credit Union
MoneyGeek Score93
APR RangeFrom 13.23%
Loan Amount Range$500 to $30,000
Repayment TermsUp to 60 months
Time to Receive FundsUndisclosed
Overview

Power Financial Credit Union stands out as a solid option for personal loans in San Antonio, Texas, earning a MoneyGeek score of 93 out of 100. Borrowers can benefit from its federal insurance by the NCUA, ensuring a secure borrowing experience.

Company logo for San Antonio Citizens Federal Credit Union
San Antonio Citizens Federal Credit Union
MoneyGeek Score88
APR RangeFrom 11%
Loan Amount RangeUndisclosed
Repayment TermsUp to 48 months
Time to Receive FundsUndisclosed
Overview

San Antonio Citizens Federal Credit Union is another good choice for personal loans in San Antonio, Texas, with a MoneyGeek score of 88 out of 100. It offers the security of being federally insured by the NCUA and provides the convenience of a mobile app.

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BEST PERSONAL LOANS IN OTHER CITIES IN TEXAS

National Lenders With Physical Locations in San Antonio, TX

Borrowers in San Antonio, Texas seeking the best personal loans may appreciate the in-person service that national lenders provide, with several options readily available in the city. These lenders include PenFed, Truist, Wells Fargo and PNC, each offering its own array of loan products and services to meet various financial needs.

OneMain Financial18.00% to 35.99%$1,500 to $20,00024 to 60 months
U.S. Bank8.74% to 24.99%$1,000 to $50,00012 to 84 months
Wells Fargo7.49% to 23.24%$3,000 to $100,00012 to 84 months

What to Do if You Can't Get a Personal Loan in San Antonio, TX

Your loan application in San Antonio, Texas can get denied due to various reasons, like a low credit score, negative financial history, or an unfavorable debt-to-income ratio. If this happens, there are some steps you can take to navigate this setback.

  1. 1
    Find out the reason for the denial

    Some lenders may deny your loan application due to a poor credit score, high debt-to-income ratio, low income level or errors in your application. Reviewing the reasons can help you improve your weak areas and prevent another loan application denial in the future.

  2. 2
    Modify your loan terms

    You can try asking your lender if you can adjust the loan amount or repayment terms to get approved.

  3. 3
    Look for another lender

    Different lenders have varying eligibility criteria for personal loan approval. Shopping around and considering factors such as minimum credit score requirements, interest rates, loan terms, additional fees and customer service will help you find the best lender for your needs and circumstances.

  4. 4
    Explore credit counseling services

    Lenders often look at your debt-to-income ratio when evaluating your loan application. You may consider a credit counseling agency to better manage your credit card debt and develop your budget. You can get credit counseling services from the San Antonio Financial Empowerment Center. The Department of Justice's list of approved credit counseling agencies can be another option.

FAQ About Personal Loans in San Antonio, TX

We addressed common questions regarding top personal loans in San Antonio, Texas, offering insights to assist your decision-making process.

What is the best overall personal loan lender in San Antonio, Texas?
What are personal loans used for in San Antonio, Texas?
What are the interest rates on personal loans in San Antonio, Texas?
What are the benefits and drawbacks of personal loans?
What are some personal loan red flags to look out for?
How to apply for a personal loan online?
Can I get a personal loan with bad credit in San Antonio, Texas?
What are the best low-interest personal loans in San Antonio, Texas?
What is an installment loan? Is there a difference between personal loans and installment loans in San Antonio, Texas?
Is there a difference between credit union loans and bank loans in San Antonio, Texas?

About Zachary Romeo, CBCA

Zachary Romeo, CBCA headshot

Zachary Romeo is a certified Commercial Banking and Credit Analyst (CBCA), and the Head of Loans and Banking at MoneyGeek. Previously, he led production teams for some of the largest online informational resources in higher education, with over 13 years of experience in editorial production.

Romeo has a bachelor's degree in biological engineering from Cornell University. He geeks out on minimizing personal debt and helping others do the same through people-first content.

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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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