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Find the Best Personal Loan for Your Needs

A personal loan is a great financial tool available to residents in Long Beach, California seeking for an alternative to debt consolidation or to finance a large purchase, such a wedding, vacation, or a home remodeling. These personal loans are dependent upon an individual’s credit score and where they stand financially.

Today, residents in Long Beach, California, have an average credit score around 701, which is slightly higher than the national average. While this is impressive, it’s still important that residents in Long Beach are aware of how to select the best places to get a personal loan and the right questions to ask. Otherwise, they could find themselves stuck with a loan they wished they never opened.

Questions to Ask a Representative

Given the volatile nature of the financial industry, it’s important that consumers are only making financial decisions that have their best interests placed first. Typically, when it comes to opening any form of a loan, lenders will try to sneak in hidden fees and other charges to make as much money as possible. For example, some companies will charge early-payment fees.

In other words, if you pay off the loan before the loan term ends, you will pay a fee. In light of these, we have generated a few questions to help shine light on many of they grey areas. If you ever have any additional questions, feel free to add them to this list.

Personal Loans in Long Beach, CA
  1. Why should any consumer enroll in your lending institutions personal loan program?
  2. Do you charge any origination fees or other entry fees?
  3. If I pay off the entirety of my loan before the loan expires, do I have to pay an additional fee?
  4. What is the total cost of the loan, including interest rate costs?
  5. Do you offer variable or fixed interest rates?

Factors to Consider When Selecting a Personal Loan

During your research, chances are, in Long Beach, California, you have noticed that there are dozens upon dozens of different personal loan lenders, which can make it challenging to find the best company. In light of this, we have generated a few factors to consider when selecting a personal loan lender. By implementing these factors during your research, they can help eliminate potential companies or highlight the best of the best personal loan lenders.

  • Interest Rates: One of the first areas that all residents in Long Beach should be looking for low interest rate personal loans. Typically, companies are ready and willing to provide their interest rates with consumers. If they are not, you can eliminate them from your list. Additionally, if you have access to their interest rates, be sure to compare this number with other companies and the national average.
  • Accreditations: In our opinion, one of the first steps that consumers should be taking when opening a personal loan is reviewing an institutions accreditation. Today, there are many different websites that are available for consumers to review lenders and where they stand.
  • Quality of Website: When it comes to researching personal loan lenders, you should keep an eye out for lenders that provide consumers with a wealth of information of resources, without having to hand over any personal information. If you are having to sign-up to receive a quote, learn about their interest rates, or fees, you can skip that company too.


Are Payday and Title Loans the Same as Personal Loans?

No not really. A payday loan, or cash advance, is easier to get and has a shorter term(unless it's a longer installment option) but higher fees and much higher interest than personal loans. The same is true for title loans with the addition of your car being used as collateral. Be very cautious with these types of loans.

Personal Loans in Long Beach

Personal Loans in Long Beach,California
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ACE Cash Express

1228 S Obispo Ave, Long Beach, CA 90804, USA
(562) 494-1314
3.7 / 5 Stars


2185 E South St, Long Beach, CA 90805, USA
(562) 423-3224
4.3 / 5 Stars

OneMain Financial

5909 South St, Lakewood, CA 90713, USA
(562) 461-7600
3.9 / 5 Stars

Money Mart

1001 Pacific Coast Hwy ste 131, Long Beach, CA 90806, USA
(562) 599-0991
3.3 / 5 Stars

Christine has a solid background in personal finance as she spent the last eight years working at one of the biggest banks in the US. She managed her own team of financial advisors that helped hundreds of people with their financing needs. Her understanding of different financial products and loans helped her move up the ranks quickly after graduating with a degree in Business Administration.