1. Home
  2. Personal Loans

Best Personal Loans in Waco, TX

Aug. 26, 2019, 5:03 p.m.

A personal loan allows you to borrow up to thousands of dollars and make fixed payments back to a lender over time. Our partners at ConsumerAffairs researched the best personal loans in Waco so you find a company with an easy application process, competitive rates, low fees and clear terms, including freedom to spend the money how you choose.

Everyone deserves to make thoughtful, informed purchase decisions. The local guides provided on this website are free for consumers. KXXV may receive compensation from our partners. Learn more.

Powered by
×
#1
RECOMMENDED
Best Egg

Apply With Us Today!

VISIT WEBSITE
CALL BEST EGG
(877) 850-2322
Sponsored Ad
#1 MOST POPULAR
Best Egg
Best Egg
Features
  • Loans from $2,000 to $35,000
  • Check rates online
  • Available in Waco
  • Money deposited in as little as 24 hours
Read More
VISIT WEBSITE
CALL BEST EGG
(877) 850-2322
Sponsored  Ad
#2
FreedomPlus
FreedomPlus
Features
  • Available in Waco
  • Terms from 2-5 years
  • Same-day loan decisions
  • Loans from $7,500 to $40,000
Read More
VISIT WEBSITE
CALL FREEDOMPLUS
(800) 368-0061
Sponsored  Ad
#3
Credit Direct Loans
Credit Direct Loans
Features
  • Available in Waco
  • Cash in as little as 24 hours
  • Loans up to $40,000
  • Securely review your proposal
Read More
#4
NetCredit
NetCredit
Features
  • Available in Waco
  • No collateral required
  • Loans up from $1,000 to $10,000
  • Minimum FICO score: 620
Read More
VISIT WEBSITE Sponsored  Ad
OneMain Financial
OneMain Financial
Features
  • M-F: 8:30am - 5:30pm
  • Closed Sat and Sun
  • onemainfinancial.com
Location
2704 W. Loop 340, Ste. 12
Waco, TX 76711
(254) 662-9863
Atlas Credit
Atlas Credit
Features
  • M-Th: 8:30am - 5:30pm
  • F: 8:30am - 6pm
  • Closed Sat and Sun
  • atlascredit.com/location/?city=Waco&state=TX
Location
2516 W. Waco Dr.
Waco, TX 76710
(254) 756-4440
Sun Loan Company
Sun Loan Company
Features
  • M-Th: 8:30am - 5:30pm
  • F: 8:30am - 6pm
  • Sat: By appointment
  • Closed Sun
  • sunloan.com/services/loans
Location
2401 W. Waco Dr., Ste. B
Waco, TX 76707
(254) 753-0033
Payment 1 Financial Group
Payment 1 Financial Group
Features
  • M-F: 9am - 6pm
  • Sat: 9am - 1pm
  • Closed Sun
  • payment1.com/personal-loans
Location
1014 N. Valley Mills Dr., Ste. D
Waco, TX 76710
(254) 751-1761
Western Shamrock Corporation
Western Shamrock Corporation
Features
  • M-F: 9am - 6pm
  • Sat: 9am - 1pm
  • Closed Sun
  • westernshamrock.com/locations/texas/western-finance-waco-tx
Location
2404 W. Waco Dr.
Waco, TX 76701
(254) 755-8818
Guarantee Loan
Guarantee Loan
Features
  • M-F: 8:30am - 5:30pm
  • Sat: 8:30am - 1pm
  • Closed Sun
  • guaranteeloantexas.com
Location
2403 W. Waco Dr., Ste. A
Waco, TX 76707
(254) 753-5368
Regional Finance
Regional Finance
Features
  • M-F: 9am - 6pm
  • Closed Sat and Sun
  • regionalfinance.com
Location
1615 N. Valley Mills Dr.
Waco, TX 76710
(254) 751-9631

How to choose a personal loan company in Waco

Waco skyline

Personal loans in Waco are appealing on many levels: Applying is simple, interest rates are lower than on credit cards and you can pay back the loan over monthslong terms.

Many personal loans also allow you to use the funds as you wish. Borrowers use personal loans in Waco to pay down credit cards and bills, consolidate debt, renovate a home or fund a wedding or vacation.

Consumers get personal loans in Waco from different sources, including online lenders, banks and credit unions.

You’ll come across many different types of personal loans during your search. Each is either secured or unsecured, depending on whether it is backed by collateral, like your car or home.

Secured vs. unsecured loans in Waco

Type of loan Collateral? Benefits
Secured Yes Interest rates are lower; you can borrow larger amounts; easier to qualify
Unsecured No No loss of personal property if you fail to repay

The most common personal loan in Waco is an unsecured loan with fixed monthly payments. To qualify for an unsecured loan, however, you generally need a strong credit score. Your credit score is one of the main factors lenders consider when evaluating your worthiness as a borrower.

Before applying, get your free credit report and make sure the information in it is accurate.

How to get a personal loan in Waco

Depending on the lender, you will apply online, over the phone or in person. Have the following documents ready:

  • Government-issued photo ID
  • Proof of income (e.g., bank statements, pay stubs)
  • Proof of address (e.g., utility bill, lease agreement)
  • Bank account information

The personal loan company will examine your credit history, income and other factors to determine how much to lend you and what interest rate to charge. If you have bad credit, you have better chances of qualifying at a credit union or certain online lenders. You can also consider ways to improve your score.

Apply at different lenders in Waco to get a personal loan with the most favorable terms. Look at the total cost of the loan, including any application or origination fee. Personal loan companies in Waco are required to disclose all costs associated with the loan before you sign.

Best Egg

Best Egg

CALL BEST EGG

(877) 850-2322 VISIT WEBSITE

Best Egg, an online company, has funded over $7 billion in personal loans. This lender offers from $2,000 - $35,000 in as little as one business day. Check rates in just minutes with no negative effect on your credit score, complete a simple application and customize your loan payment options. Reviewers in Texas give Best Egg five stars and highly recommend the lender to others.

Sponsored Ad

FreedomPlus

FreedomPlus

CALL FREEDOMPLUS

(800) 368-0061 VISIT FREEDOMPLUS

A personal loan from FreedomPlus comes with one fixed, monthly payment, clear terms and personal service. Apply for up to $40,000 and get a same-day decision. If you’re approved, money is deposited within 3 business days. Customers in Waco praise FreedomPlus for its simple online application and friendly loan consultants.

Sponsored Ad

Credit Direct Loans

Credit Direct Loans

Credit Direct’s goal is to get borrowers from application to funding in as little as 48 hours. Personal loans are available up to $40,000. It only takes a few minutes to apply, and the process won’t negatively affect your credit score. Customers appreciate that Credit Direct’s loan agents are happy to provide a free consultation so you choose the right loan.

Sponsored Ad

NetCredit

NetCredit VISIT NETCREDIT

NetCredit looks at the broader financial profile, not just credit score, to evaluate applicants for personal loans in Waco. Check your eligibility in just minutes without affecting your credit score, then customize your installment loan and repayment terms. You can get up to $10,000 deposited by the next business day or sooner. Borrowers like NetCredit’s transparency and dedication to customer satisfaction.

Sponsored Ad

Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.

Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.