To help lead California residents in a money-saving direction, WalletHub’s editors have selected several good personal loan options, including offers from our partners, that are available to people in California.
Popular Personal Loans in California
The average credit score in California is 688, and getting a personal loan without an origination fee requires a score of at least 660. That means the average California resident has a good chance to qualify for a personal loan with a $0 origination fee. Personal loans with origination fees have score requirements between 580 and 660, so they’re easier to get.
Below, you can compare personal loan offers in California from our partners. It’s also a good idea to use WalletHub’s free personal loan pre-qualification tool to get a better sense of your approval odds and potential APRs with various lenders.
- Excellent Credit
- Good Credit
- Fair Credit
- Bad Credit
- No Credit/Limited History
- 1 day
- 3 days or less
- 7 days or less
Axos $5,000 Loan • 60 Months
Axos $5,000 Loan • 36 Months
Upstart $5,000 Loan • 60 Months
Upstart $5,000 Loan • 36 Months
Upstart $5,000 Loan • 36 Months
Prosper $5,000 Loan • 36 Months
- More than $16 billion in loans funded
- 9 out of 10 customers would recommend Prosper to friends or family**
- Get your money in as few as 3 business days — your monthly payment stays the same
**Based on responses from randomly selected borrowers in good standing who received a loan from 01/01/2016 to 11/20/2016. Survey conducted was of a statistically significant sample size with a 95% confidence level and a 3.94% margin of error.
APRs presented are estimated and were created based upon information entered by the consumer and through analysis of information publicly available at Prosper.com. The estimated APR presented does not bind Prosper. The range of APRs available through Prosper is 6.99% to 35.99%. Only borrowers with excellent credit qualify for the lowest rate available. Your actual APR depends upon credit score, Prosper Rating, loan amount, loan term, credit usage and history. All loans are subject to credit review and approval. All personal loans made by WebBank, Member FDIC. For example, a two-year $10,000 personal loan would have an interest rate of 11.5% and a 4.00% origination fee for an annual percentage rate (APR) of 15.64% APR. You would receive $9,600 and make 24 scheduled monthly payments of $468.40. A three-year $10,000 personal loan would have an interest rate of 11.74% and a 5.00% origination fee for an annual percentage rate (APR) of 15.34% APR. You would receive $9,500 and make 36 scheduled monthly payments of $330.90. A four-year $10,000 personal loan would have an interest rate of 11.50% and a 5.00% origination fee for an annual percentage rate (APR) of 14.27% APR. You would receive $9,500 and make 48 scheduled monthly payments of $260.89. A five-year $10,000 personal loan would have an interest rate of 11.99% and a 5.00% origination fee with a 14.27% APR. You would receive $9,500 and make 60 scheduled monthly payments of $222.39. Origination fees vary between 1%-5%. Personal loan APRs through Prosper range from 6.99% to 35.99%, with the lowest rates for the most creditworthy borrowers. Eligibility for personal loans up to $50,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions. **You may receive your funds one business day after your acceptance of the loan offer, completion of all necessary verification steps and final approval. One business day funding is also dependent on your bank’s ability to quickly process the transaction.