Best Personal Loans for Good Credit in Florida in October 2026
Compare low rates, minimal fees and fast approvals for Florida borrowers with good credit
Advertising Disclosures
Loading Disclosures…
| Lender | User rating | Best for | APR | Term | Amount | See Results |
|---|---|---|---|---|---|---|
|
Debt consolidation | 6.99% to 35.99% | 36 to 60 months |
$2k – $50k |
||
|
A low rate ceiling | 10.00% to 14.25% | 18 to 60 months |
$3k – $50k |
||
|
Home repairs and improvements | 9.99% to 21.09% (with autopay) | 24 to 240 months |
$5k – $100k |
||
|
Small personal loans | 6.09% to 17.99% (with autopay) | 12 to 60 months |
$600 – $50k |
||
|
Big emergency loans | 6.99% to 35.49% (with discounts) | 24 to 84 months |
$5k – $100k |
Personal loans for good credit in Florida at a glance
Best for: Debt consolidation – Best Egg
- APR
- 6.99% to 35.99%
- Amount
- $2k – $50k
- Term
- 36 to 60 months
- Origination fee
- 0.99% – 9.99%
- Min. credit score
- 620
- You can opt in to have your loan funds sent directly to your creditors
- Funding in one to three business days
- Secured loan options available using eligible built-in home fixtures
- Charges an upfront fee no matter what your credit score
- Loans are not available in all 50 states
- No co-borrowers allowed
If you have good credit and want to consolidate, Best Egg’s appeal is that it does the work for you. If eligible, you can opt into Direct Pay on an unsecured loan, and your funds go straight to your creditors rather than your checking account.
However, it’s important to note that every loan is subject to an upfront origination fee and terms of four years or longer carry a minimum fee of 4.99%, deducted from what you borrow. Plan to make sure your loan covers all of the debts you want to pay off.
Unfortunately, if you’re consolidating debt with a partner or spouse, you can’t use this loan.
Best Egg uses built‑in home fixtures as collateral but doesn’t require an appraisal of them. It reviews your credit history and home equity instead.
You must also meet the requirements below to qualify for a Best Egg loan:
- Age: Be of legal age to accept a loan in your state (usually 18)
- Citizenship: Be a U.S. citizen or permanent resident living in the U.S.
- Administrative: Have a personal checking account, Social Security number, email address and physical address
- Residency: Live in an eligible U.S. state (Best Egg operates in most states, with a small number excluded)
- Credit score: 620+
Best for: A low rate ceiling – Florida Credit Union
- APR
- 10.00% to 14.25%
- Amount
- $3k – $50k
- Term
- 18 to 60 months
- Origination fee
- $25 to $100
- Min. credit score
- Not specified
- Join credit union with a $5 deposit
- Offers a range of personal loan and line of credit products
- Low interest rates on loans
- Not available in all Florida counties
- Only 13 branches
- Application fees
If you have good credit and live or work in one of the 48 counties Florida Credit Union (FCU) serves (the state has 67), this lender is an affordable option for residents. Fixed rates for personal loans run from 10.00% to 14.25% and you can borrow between $3,001 and $50,000.
Joining the credit union is easy if you’re eligible. A $5 deposit opens a savings account and makes you a member. If this isn’t a good fit, you can try other Florida personal loan lenders and credit unions.
In order to apply for a loan, you’ll need to first become a member of FCU. To be eligible, you must:
- Live or work in one of the Florida counties that FCU serves
- Have an immediate family member who is a member
- Be enrolled in school in select counties
- Have your child enrolled in school in select counties
- Be a Santa Fe College or Florida Gateway College student or alum
If you’re eligible to become a member, you’ll need to open a savings account with a $5 deposit and apply online or in person at one of the 13 branches
FCU doesn’t publish minimum credit scores, but your credit history and debt-to-income ratio will affect your terms.
Best for: Home repairs and improvements – LightStream
- APR (with autopay)
- 9.99% to 21.09%
- Amount
- $5k – $100k
- Term
- 24 to 240 months
Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $25,000 loan at 6.49% APR with a term of 3 years would result in 36 monthly payments of $766.11. © 2024 Truist Financial Corporation. Truist, LightStream and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
- Origination fee
- None
- Min. credit score
- Not specified
- If eligible, you can borrow up to $100,000
- No origination fees
- Home improvement loans have terms of up to 240 months
- No preapproval option, only hard checks
- Minimum amount you can borrow is $5,000
- You must have good to excellent credit to qualify for a loan
LightStream is an online lender that offers unsecured loans to consumers with good to excellent credit, for amounts between $5,000 and $100,000. Repayment terms vary by loan type – while general use loans only have terms up to 84 months, home improvement loans can be as long as 240 months.
You won’t pay any origination fees, and LightStream offers a rate-beat program if you qualify. Funding could be as quick as the same day you are approved, too, so contractors don’t have to wait to get started on the project. But the downside of borrowing from LightStream is there’s no prequalification, so checking rates requires a hard credit pull.
LightStream doesn’t specify its exact credit score requirements, but you must have good to excellent credit to qualify. Most of the applicants that LightStream approves have the following in common:
- At least five years of on-time payments under a variety of accounts (credit cards, auto loans, etc.)
- Stable income and can handle paying their current debt obligations
- Savings, whether in a bank account, investment account or retirement account
Best for: Small personal loans – PenFed Credit Union
- APR (with autopay)
- 6.09% to 17.99%
- Amount
- $600 – $50k
- Term
- 12 to 60 months
- Origination fee
- None
- Min. credit score
- Not specified
- To open membership, simply open a deposit account with $5
- Can borrow small amounts, starting at $600
- No origination fees
- Charges late fees
- Does not specify credit score or income needed to qualify for a personal loan
- Loan term repayment cap is 60 months
PenFed is a good choice if you need to borrow less than $1,000. Its $600 minimum lets you pay a bill or make a purchase without taking on more debt than you need. The lender charges no origination fee or prepayment penalty, and its rates are capped at 17.99% with its autopay program.
If you have good to excellent credit, your rate might be lower. Membership is required to take out a PenFed loan; however, opening an account is easy to do.
To qualify for a PenFed Credit Union loan, you must meet the following requirements:
- Membership: PenFed membership (anyone can apply)
- Administrative: Open a PenFed savings account with a $5 deposit; may need to submit documents to verify your identity and income
Best for: Big emergency loans – SoFi
- APR (with discounts)
- 6.99% to 35.49%
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status, be residing in the U.S., and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, income, and other factors. If SoFi is unable to offer you a loan but matches you for a loan with a participating bank, then your rate may be outside the range of rates listed above. Rates and Terms are subject to change at any time without notice. SoFi Personal Loans can be used for any lawful personal, family, or household purposes and may not be used for post-secondary education expenses. Minimum loan amount is $5,000. The average of SoFi Personal Loans funded in 2025 was around $32K. Based on loans funded from 1/1/2025-12/31/2025. Information current as of 10/02/26. SoFi Personal Loans originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org). See SoFi.com/legal for state-specific license details. See SoFi.com/eligibility for details and state restrictions. Fixed rates from 6.99% APR to 35.49% APR. APR reflect the 0.25% autopay interest rate discount and a 0.25% member rate discount. SoFi Platform personal loans are made either by SoFi Bank, N.A. or , Cross River Bank, a New Jersey State Chartered Commercial Bank, operating from its Delaware branch, Member FDIC, Equal Housing Lender. SoFi may receive compensation if you take out a loan originated by Cross River Bank. These rate ranges are current as of 10/02/26 and are subject to change without notice. Not all rates and amounts available in all states. See SoFi Personal Loan eligibility details at https://www.sofi.com/eligibilitycriteria/#eligibility-personal. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, income, and other factors. Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 9.99% of your loan amount for Cross River Bank originated loans which will be deducted from any loan proceeds you receive and for SoFi Bank originated loans have an origination fee of 0%-7%, will be deducted from any loan proceeds you receive. Autopay Discount: The SoFi 0.25% autopay interest rate reduction requires you to make monthly payments using SoFi’s automatic monthly deduction from a savings or checking account. The discount will discontinue and be lost when you do not have autopay enabled. You’re not required to set up autopay to obtain this loan. Member Rate Discount: To be eligible for an additional 0.25% interest rate reduction on a Personal Loan, you must, within 31 days of loan funding, either (1) meet SoFi Plus eligibility criteria, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. You must continue to meet at least one of the above eligibility criteria every 31 days to maintain the discount. See the SoFi Plus terms for details on SoFi Plus subscription. For more details on Eligible Direct Deposit or Qualifying Deposits, please see https://www.sofi.com/legal/banking-rate-sheet. Once you become eligible during the initial period, the discount will be removed or reinstated depending on whether the criteria have been met. Each time your loan is re-amortized, your monthly payment amount will change based upon the interest rate that was in place. SoFi reserves the right to modify or terminate this offer at any time for unenrolled participants. You are not required to meet these criteria to be approved for a loan.
- Amount
- $5k – $100k
- Term
- 24 to 84 months
- Origination fee
- 0.00% – 7.00% (optional)
- Min. credit score
- 600
- If approved, same-day funding is available
- Borrow up to $100,000
- No mandatory fees (but you can get lower rates if you pay an upfront origination fee)
- Not open to borrowers with bad credit
- You can’t borrow less than $5,000
- Must enroll in autopay for lowest rates
SoFi offers larger loans than most competitors, with amounts ranging from $5,000 to $100,000, and terms that stretch from 24 to 84 months. These fixed-rate loans range from 6.99% to 35.49% with an autopay discount and you aren’t required to pay an origination fee.
Adding a co-borrower may lower your rate. If approved, you could get the funds as soon as the same day, making SoFi a good choice for big expenses you need to cover fast.
You must meet the requirements below to get a loan from SoFi:
- Age: Be the age of majority in your state (typically 18)
- Citizenship: Be a U.S. citizen, an eligible permanent resident or a non-permanent resident (a DACA recipient or asylum-seeker, for instance)
- Employment: Have a job or job offer with a start date within 90 days, or have regular income from another source
- Credit score: 600+
Read more about how we made our picks for the best personal loans for good credit in Florida.
How LendingTree works
You’d shop around for flights. Why not your loan? LendingTree makes it easy. Instead of applying to just one lender and hoping for a good rate, see multiple lenders compete for your business — so you can choose the best offer.
Tell us what you need
Take two minutes to share a few details about yourself and how much you want to borrow. It’s free, simple and secure.
Shop your offers
LendingTree users receive 11 personal loan offers on average. Compare yours side by side to find the one that works best for you.
Get your money
Users across all credit scores save an average of $1,787
- If you’re a Florida borrower with good credit, you can find personal loan rates well below the roughly 36% ceiling common at online lenders, especially through credit unions.
- Florida Credit Union offers some of the lowest rates in the state, but membership is limited to 48 of Florida’s 67 counties, so you need to meet its location eligibility first.
- If you live outside that footprint, national lenders like PenFed and LightStream serve the state, and PenFed membership is open to anyone with a $5 deposit.
What is a good personal loan rate in Florida?
In the Sunshine State, personal loan rates improve with higher credit scores. Those borrowers with good credit average 23.06% on personal loans, but that drops to an average of 15.98% for borrowers with very good credit and 12.45% for excellent credit.
To find the best deal, it may be worth exploring credit unions along with online lenders.
Florida Credit Union caps interest at 14.25% and PenFed at 17.99%, both well below what a typical good-credit borrower pays. Membership is the trade-off: PenFed’s is open to anyone for $5, while Florida Credit Union has location and other eligibility requirements.
| Credit tier | Florida average APR |
|---|---|
| Excellent (800 and above) | 12.45% |
| Very good (740-799) | 15.98% |
| Good (670-739) | 23.06% |
| Fair (580-669) | 31.75% |
| Poor (Under 500) | 35.19% |
See how much having good credit could help you save
Start with the table above and find the row matching your credit score. Next, enter that average APR into the calculator below, along with your loan amount and term, to see your estimated monthly payment. Averages are drawn from real LendingTree marketplace data.
What credit score do you need for a personal loan in Florida?
For personal loans, most lenders want borrowers to have a score of at least 580, but 670 or higher gets you better rates. There’s no Florida-specific minimum. Beyond your score, lenders review:
- Debt-to-income (DTI) ratio: Lenders generally look for a DTI ratio of 36% or less, though some accept higher. This ratio measures your monthly debt payments divided by your gross monthly income.
- Credit history: How long you’ve been borrowing and if you’ve paid back your debts on time will likely factor into whether you’re approved for a personal loan. You can monitor your credit for free if you sign up for a LendingTree account.
- Income and employment stability: You’ll need to provide verifiable income information and show the lender that you have reliable income. Some lenders may set a minimum salary or earnings amount, while others don’t.
- Credit utilization: How much of your available credit you’re using. Under 30% is the typical benchmark lenders use, and maxed-out cards can hurt your approval odds even if you pay your balances on time.
How to compare personal loans for good credit in Florida
If you live in Florida and have good credit, you have options. And like any loan, the higher your credit score, the better the rates and terms you’ll be offered.
Do your research first. Start with how much money you need to borrow, since lenders have different minimums and maximums; then compare the ones that can fund your desired amount.
Consider prequalifying with three or four lenders, which uses a soft credit check and won’t affect your score. Then compare your options side by side using the criteria below:
- APR: Your APR (annual percentage rate) is your interest plus most fees, expressed as a yearly rate. You can use this number to compare loan costs directly.
- Origination fee: This is an upfront charge deducted from your loan before you receive the money. Some lenders waive these fees, and many credit unions don’t charge them at all.
- Loan term: This is how long you have to repay the money. A longer term lowers your monthly payment but costs more in total interest.
- Customer service: Check lender reviews to see other user experiences. Before you take out a loan with a company, be sure to check their customer service hours and options on how to contact the lender.
- Online loan management: Check is a lender allows you to sign up for autopay, has a mobile app and a portal that’s easy to navigate.
Good credit doesn’t mean every lender will offer you a similar rate. LendingTree data found that borrowers with credit scores of 720 or higher who received at least six personal loan offers could save up to $2,482 over three years by choosing their lowest-rate offer instead of their highest. Prequalify with multiple lenders to help you compare rates without hurting your credit score.
Credit unions vs. online lenders for Florida borrowers
Florida borrowers with good credit can borrow from a credit union or an online lender, each with trade-offs.
Credit unions often offer lower rates and fewer fees to members. Federally chartered credit unions aren’t allowed to charge an APR higher than 18%. State-chartered credit unions like Florida Credit Union may offer even lower rates, but you have to meet state-specific eligibility requirements. Florida Credit Union like PenFed are open to anyone, though you’ll need to open an account, often with a $5 minimum deposit, which may come with other member benefits.
Online lenders don’t require membership and applications are typically easy to submit quickly. Some online lenders, like SoFi, offer larger loan amounts than credit unions do. Funding is often faster, too, and some lenders deposit your money the same day that you’re approved.
| Credit unions | Online lenders | |
|---|---|---|
| Rates | May have higher starting APRs but lower maximum APRs | May have lower starting APRs but higher maximum APRs |
| Fees | Usually no origination fee, no matter the credit score | Origination fees can be common but are sometimes waived for good credit |
| Eligibility | Membership required | No membership required |
| Prequalification | Varies; some credit unions may let you check rates prior to becoming a member | Widely available, with a few exceptions |
| Application process | Varies; some credit unions let you apply before becoming a member, while others do not. | You can apply directly online |
| Time to funding | Depends on the credit union | Depends on the lender; some offer fast, one-day funding |
| Best for | Lower interest rates and member benefits | Fast funding and no membership required |
Alternatives to personal loans for Florida borrowers with good credit
A personal loan isn’t your only option when you need cash, and good credit can help you find opportunities elsewhere.
If you own a home, you can borrow against your equity with a home equity loan or line of credit. Rates are usually lower, and terms are longer than on an unsecured loan because your house secures the debt. But that’s also the risk: If you fall behind on payments, you could lose your home. That’s especially important to keep in mind in Florida, where many homeowners are retired and living on a fixed income.
For borrowers who need less money and can repay the loan quickly, a credit card with a promotional 0% interest period is another option.
Home equity line of credit (HELOC)
Best for:
Homeowners with equity who want to access a revolving line of credit for ongoing costs like home improvement projects or tuition bills and don’t mind a variable interest rate.
Home equity loan (HEL)
Best for:
Homeowners with equity who know exactly how much money they need and want to borrow a lump sum at a fixed rate. A home equity loan comes with predictable monthly payments, but you’ll need to budget in closing costs and a longer approval timeline.
0% intro APR credit card
Best for:
Borrowers financing smaller purchases that they can comfortably repay inside the promotional window to benefit from a 0% intro APR.
What sets LendingTree content apart
Expert
Our personal loan writers and editors have 52 years of combined editorial experience and 42 years of combined personal finance experience.
Verified
100% of our content is reviewed by certified personal finance professionals and meets compliance and legal standards.
Trustworthy
We put your interests first. We’ll tell you about any loan drawbacks and be clear about when to consider alternatives.
How we chose the best good credit personal loans in Florida
We reviewed more than 40 lenders and loan marketplaces that offer personal loans to determine the overall best five. To make this list, companies must offer personal loans in Florida with low rates for good credit.
From there, we assessed each lender across four categories: eligibility and access; cost to borrow; loan terms and options; repayment support and tools.
Our categories
We assess how easy it is for people to qualify and apply. This includes state availability, soft-credit prequalification, membership requirements, funding speed and whether borrowers with less-than-excellent credit can get a loan.
We evaluate how affordable the loans are based on minimum and maximum APRs, loan fees and rate discounts. Lenders with unclear or potentially predatory costs receive lower scores.
We consider repayment term flexibility, loan amount ranges and whether options like secured loans, joint loans or direct-to-creditor payments are offered — plus whether the lender clearly communicates these options.
We evaluate borrower experience after funding: customer service access, hardship or forbearance programs, payment flexibility and digital tools like mobile apps or credit monitoring.
Our process
We gather data directly from lenders through their websites, disclosures and direct communication with company representatives. Our editorial team verifies and updates information regularly. We value transparency and award less favorable scores when lenders obscure or omit details.
Our editorial team applies the same scoring model and standards to every lender. Lenders cannot pay to influence our ratings. Read more about our editorial guidelines.
According to our standardized rating system, the best good credit loans come from Best Egg, Florida Credit Union, LightStream, PenFed Credit Union and SoFi.
Frequently asked questions
Even with good credit, rates vary by lender. Credit unions often offer the lowest rates, with some Florida options capping rates well below what online lenders charge.
Yes. Prequalifying for a personal loan won’t hurt your credit since the lender uses a soft credit check. However, not all lenders offer prequalification, such as LightStream.
Most lenders ask for a government-issued ID, Social Security number, proof of Florida address, recent pay stubs or tax returns and your checking or savings account details.
No, it doesn’t. Lenders also weigh your debt-to-income ratio, how much credit you’ve borrowed in the past and whether your income is steady, which means that rates can vary among good-credit borrowers.