Best Personal Loan Rates in Chicago, Illinois - June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current personal loan options available to borrowers in Chicago, Illinois include: Credit Union 1 Credit Union Rantoul, ILCredit Union 1 Credit Union Rantoul, IL828 S Wolcott Ave Rm 120N, Chicago, IL, 60612A5.0 ★Texas Ratio: 7.86% offering Credit Saver Loan at 5.00% APR, Actors Federal Credit UnionActors Federal Credit Union557 W Randolph St, Chicago, IL, 60661B+4.8 ★Texas Ratio: 16.47% offering Musical Instruments Loan Tier Two at 5.49% APR, MWRD Employees Credit UnionMWRD Employees Credit Union100 E Erie St, Chicago, IL, 60611 2829A+5.0 ★Texas Ratio: 3.31% offering MyChoice Special Loan at 5.49% APR, Chicago Firemans Assoc Credit UnionChicago Firemans Assoc Credit Union2453 S Archer Ave, Chicago, IL, 60616 2169A+5.0 ★Texas Ratio: 0.52% offering SPRING CREDIT UNION SPECIAL Loan at 5.50% APR, and Park Manor Christian Church Credit UnionPark Manor Christian Church Credit Union600 E 73rd St, Chicago, IL, 60619 1827F1.6 ★Texas Ratio: 56.28% offering Unsecured Personal Loan at 5.99% APR. Personal loan rates as of June 11, 2026 according to verified data from MonitorBankRates.
Chicago has 20 local institutions in our database, with personal loan rates as low as 5.00% APR from Credit Union 1 Credit Union Rantoul, IL at 828 S Wolcott Ave Rm 120N, Chicago, IL, 60612. Use the tabs below to compare all available personal loan types. Rates are continually updated — we recommend checking back frequently.
We empower borrowers with transparent, proprietary financial health metrics—including A-F Safety Grades, verified Star Ratings, and Texas Ratios—so you can confidently borrow from a stable, highly-rated institution in Chicago, Illinois.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Chicago, Illinois. Rates shown are typically “as low as” APRs for borrowers with excellent credit. Your final approved rate will depend on your credit history, credit score, income, and loan amount. Personal Loan Rates Last Updated and Verified: June 11, 2026
Chicago Personal Loan Rates
This APR will vary with the market based on the dividend rate.
As Low As; Loans $50,000 up to $250,000
No additional details available.
CREDIT CHECK RUN but will qualify, checking for Bankruptcy and Collections; CANNOT EXCEED $23,000.00 IN UNSECURED LOANS; STARTS MAY1ST to JULY 1st
No additional details available.
As Low As; Model Year 2019 - 2021
As Low As; Model Year 2018 - 2020
As Low As; Loan Amount: $500 - $25,000
As Low As; Borrow up to $25,000
As Low As; 7.000%
No additional details available.
MAX 72 months
As Low As
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
No additional details available.
As Low As; Loans $10,000 up to $49,000
Qualifications Required: Must provide most recent two pay stubs, proof of rent or mortgage, maintain a $50.00 deposit balance and demonstrate the capacity to repay the loan.; Application fee: $20.00. To apply for a $10,000 loan, your credit score has to be 650 or above.
As Low As
No additional details available.
No additional details available.
As Low As
As Low As
As Low As; Loan Amount: $500-$40,000
NO annual fee
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
above 24 months
MAX 48 months
No additional details available.
No additional details available.
As Low As
As Low As
As Low As
As Low As
NO annual fee
No additional details available.
No additional details available.
No additional details available.
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As
to 13.5%; Maximum value of the loan can be no greater than $500.00 for a maximum length of 6 consecutive payments.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Vacation Loans/Holiday Loans have a 12 month term at 10.99% APR
As Low As; for up to 60 months
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
No additional details available.
No additional details available.
As Low As
As Low As
As Low As
As Low As
NO annual fee
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As
As Low As
As Low As; *
As Low As
As Low As
As Low As; Loan Amount: $250-$40,000
As Low As
As Low As; As low as 12.99% APR
Qualifications Required: Must provide most recent two pay stubs, receive a direct deposit, maintain a $150 deposit balance and have income of $1,000 per month.; Application fee: $20.00
As Low As; As low as 15.74% APR
As Low As; As low as 15.49% APR
As Low As
$300
No additional details available.
No additional details available.
No additional details available.
Qualifications Required: Must provide most recent two pay stubs, maintain a $50.00 deposit balance, be a credit union member for thirty days and have an income of $1,000 per month.; Application fee: $20.00
$1,000; Qualifications Required: Must be a Maroon Financial member for at least 90 days.; If qualifying with employment income applicant must have been employed with current employer(s) for at least six months.; Must maintain regular deposits with MFCU of at least $200 a month for the past 90 days.; Cannot currently be in bankruptcy.; Must have gross monthly income of at least $800 biweekly or $1,733 monthly from a stable income source.; Must been in good standing with the MFCU.; If you've never had a PAL with Maroon Financial you are only eligible for the $500 PAL and will not be eligible to refinance. You will not be eligible for your next PAL for six months.; You must wait at least 90 days before refinancing your PAL and you must have made a minimum number of payments.; Borrow $1,000** with a flat $125 origination fee; Affordable alternative to payday loans; Local decision-making and processing; Attentive, friendly service from start to finish; Apply in branch or Online; Most Recent Paystub is required if employment income is being used.
$500; Qualifications Required: Must be a Maroon Financial member for at least 90 days.; If qualifying with employment income applicant must have been employed with current employer(s) for at least six months.; Must maintain regular deposits with MFCU of at least $200 a month for the past 90 days.; Cannot currently be in bankruptcy.; Must have gross monthly income of at least $800 biweekly or $1,733 monthly from a stable income source.; Must been in good standing with the MFCU.; If you've never had a PAL with Maroon Financial you are only eligible for the $500 PAL and will not be eligible to refinance. You will not be eligible for your next PAL for six months.; You must wait at least 90 days before refinancing your PAL and you must have made a minimum number of payments.; Borrow $500* with a flat $75 origination fee; Affordable alternative to payday loans; Local decision-making and processing; Attentive, friendly service from start to finish; Apply in branch or Online; Most Recent Paystub is required if employment income is being used.
No additional details available.
As Low As; Variable Rate
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
As Low As; Variable Rate
As Low As
As Low As
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As; New 2026 through 2024
No additional details available.
As Low As
As Low As; Fixed Rate
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
APR as low as
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
No additional details available.
Rates As Low As
No additional details available.
Rates As Low As
No additional details available.
As Low As; Fixed Rate
No additional details available.
No additional details available.
Rates As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
As Low As
$2,000
As Low As
No additional details available.
No additional details available.
As Low As
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
No additional details available.
No additional details available.
As Low As
No additional details available.
No additional details available.
As Low As
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
as low as
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
No additional details available.
Limit of $10,000.00
As Low As
As Low As
No additional details available.
As Low As
No additional details available.
As Low As
As Low As
No additional details available.
No additional details available.
As Low As
under $10,000; A+
No additional details available.
As Low As
As Low As
As Low As
Under $25,000; As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Regular APR: 13.25%
No additional details available.
As Low As
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As; Loan special-good through 8/31/2026
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
No additional details available.
No additional details available.
Over $25,000; As Low As
New: Requires 10% down
New: Requires 10% down
As Low As; Rates include all possible discounts. Contact us to determine which discounts apply to you.
No additional details available.
Limit of $10,000.00
$500 - $2,000
No additional details available.
As Low As
under $10,000; A
As Low As
As Low As
No additional details available.
APR as low as
All rates are based on 725 credit score; Unsecured rates range from 8.00% to 18.00%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
As Low As
Chicago Personal Loan Rates
No additional details available.
As Low As; Loan Amount: $500 - $25,000
No additional details available.
As Low As
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
No additional details available.
As Low As
As Low As
As Low As
As Low As; Loan Amount: $500-$40,000
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
above 24 months
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As; for up to 60 months
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As
As Low As
As Low As*; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As; Loan Amount: $250-$40,000
Limit of $10,000.00
As Low As
As Low As
As Low As
No additional details available.
No additional details available.
No additional details available.
As Low As; Loan special-good through 8/31/2026
Limit of $10,000.00
As Low As
APR as low as
Chicago Debt Consolidation Loan Rates
As Low As
Regular APR: 13.25%
Chicago Signature Loan Rates
No additional details available.
No additional details available.
No additional details available.
Qualifications Required: Must provide most recent two pay stubs, proof of rent or mortgage, maintain a $50.00 deposit balance and demonstrate the capacity to repay the loan.; Application fee: $20.00. To apply for a $10,000 loan, your credit score has to be 650 or above.
No additional details available.
No additional details available.
MAX 48 months
No additional details available.
No additional details available.
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As; As low as 12.99% APR
As Low As; As low as 15.74% APR
As Low As; As low as 15.49% APR
As Low As
As Low As
No additional details available.
As Low As
Chicago, IL Personal Loan Rate Trends
Compare local Chicago, IL personal loan rates against the statewide average
Daily personal loan rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Illinois personal loan rates rose 0.011 points over the past 7 days to 10.773% APR.
Illinois signature loan rates rose 0.373 points over the past 7 days to 13.080% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Chicago, Illinois personal loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Personal Loan Rate Data: We aggregate personal loan rates for Chicago, Illinois directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available personal loan products in Chicago, Illinois. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in IL.
Regularly Updated APRs: Our rate updaters verify and update personal loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Personal loan APRs shown typically represent “as low as” rates for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, and loan amount.
Frequently Asked Questions
What credit score do I need for a personal loan in Illinois?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in Illinois?
Are credit unions or banks better for personal loans in Chicago, Illinois?
What are the best personal loan rates in Chicago, Illinois?
- Credit Union 1 Credit Union Rantoul, IL: 5.00% (Credit Saver Loan)
- Actors Federal Credit Union: 5.49% (Musical Instruments Loan Tier Two)
- MWRD Employees Credit Union: 5.49% (MyChoice Special Loan)
- Chicago Firemans Assoc Credit Union: 5.50% (SPRING CREDIT UNION SPECIAL Loan)
- Park Manor Christian Church Credit Union: 5.99% (Unsecured Personal Loan)
Personal Loan Calculators
