Best Personal Loan Rates in Springfield, Illinois (IL) - May 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current personal loan options available to borrowers in Springfield, Illinois include: Credit Union 1 Credit Union Rantoul, ILCredit Union 1 Credit Union Rantoul, IL2464 Wabash Ave, Springfield, IL, 62704A5.0 ★Texas Ratio: 7.86% offering Credit Saver Loan at 5.00% APR, Cooperative Choice Network Credit UnionCooperative Choice Network Credit Union3900 Wood Duck Dr, Springfield, IL, 62711A+5.0 ★Texas Ratio: 1.71% offering Personal Loans at 6.50% APR, Citizens Equity First Credit UnionCitizens Equity First Credit Union2424 W Iles Ave, Springfield, IL, 62704 4330A5.0 ★Texas Ratio: 6.36% offering PERSONAL (UNSECURED) at 9.50% APR, Land Of Lincoln Credit UnionLand Of Lincoln Credit Union300 S Grand Ave W, Springfield, IL, 62704 3716A5.0 ★Texas Ratio: 6.53% offering Signature or Personal Loan or more at 9.95% APR, and Heartland Credit Union Springfield, ILHeartland Credit Union Springfield, IL2712 E Sangamon Ave, Springfield, IL, 62702A+5.0 ★Texas Ratio: 1.10% offering unsecured at 11.50% APR. Personal loan rates as of May 22, 2026 according to verified data from MonitorBankRates.
Springfield has 7 local institutions in our database, with personal loan rates as low as 5.00% APR from Credit Union 1 Credit Union Rantoul, IL at 2464 Wabash Ave, Springfield, IL, 62704. 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 Springfield, Illinois.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Springfield, 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: May 22, 2026
This APR will vary with the market based on the dividend rate.
Renewal: One time renewal up to six months; *ALL RATES SUBJECT TO CREDIT APPROVAL*The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information.
No additional details available.
No additional details available.
No additional details available.
$1,000
No additional details available.
No additional details available.
No additional details available.
As Low As; Personal Loans are a great way to finance that special project or dream vacation! See a Loan Officer for details.
$1,000
As Low As; As low as 12.99% APR
up to $7,500
As Low As; As low as 15.74% APR
As Low As; As low as 15.49% APR
As Low As; Variable Rate
As Low As
No additional details available.
As Low As
As Low As
As Low As; Variable Rate
As Low As
No additional details available.
As Low As
As Low As; Fixed Rate
No additional details available.
$50,000; As Low As
No additional details available.
As Low As
No additional details available.
No additional details available.
As Low As; Fixed Rate
12 months
$3001.00 to $6000.00
$100.00 application fee for one year. No credit check.
As Low As
As Low As
$2,000
No additional details available.
As Low As
As Low As; Borrow up to $25,000
No additional details available.
As Low As; Loan Amount: $500 - $25,000
As Low As; Maximum loan amount $3,000 with a maximum term of 12 months. Payment sample: 12 monthly payments of $86.63/$1,000 borrowed.
No additional details available.
No additional details available.
As Low As
As Low As
No additional details available.
As Low As
As Low As
Limit of $10,000.00
As Low As
As Low As; Rate based on creditworthiness and term of loan.
18 months
As Low As
As Low As
No additional details available.
As Low As
As Low As
MAX 72 months
A+; Up to 12 Months
As Low As
As Low As
As Low As
No additional details available.
As Low As
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
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Limit of $10,000.00
As Low As
24 months
$6001.00 to $10000
Rates starting at just 7.99% APR*
$500 - $2,000; Credit Score 750 plus
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
No additional details available.
No additional details available.
As Low As
A; Up to 12 Months
$10,000; As Low As
Qualifications Required: Must provide most recent two pay stubs, proof of rent or mortgage; Application fee: $20.00
As Low As
As Low As
As Low As
As Low As
As Low As
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
B; Up to 12 Months
No additional details available.
No additional details available.
As Low As
As Low As; Loan Amount: $500-$40,000
$2,500; Credit Score 750 plus
As Low As
Limit of $10,000.00
No additional details available.
As Low As
As Low As
As Low As
above 24 months
No additional details available.
$500 - $2,000; Credit Score 700-749
As Low As; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
$1,000
As Low As
C; Up to 12 Months
MAX 48 months
No additional details available.
As Low As
As Low As
No additional details available.
No additional details available.
C; Up to 24 Months
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As; *APR = Annual Percentage Rate. All loans subject to credit approval. Rates displayed are the lowest rates available including a discount for automatic payment. Rates subject to change without notice. Rates and term subject to credit qualification.
As Low As
As Low As
No additional details available.
$10,001 to $15,000
No additional details available.
As Low As
$1,000
As Low As
D; Up to 12 Months
As Low As
As Low As; Rate includes discounts2, see details below
$0-$7499
As Low As; Use our signature loans for whatever needs may arise or to refinance higher rate loans or credit cards. Rates as low as 9.50% APR (Annual Percentage Rate)* *Rates and terms available to qualified borrowers.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Renewal: One time renewal up to six months; *ALL RATES SUBJECT TO CREDIT APPROVAL*The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information.
No additional details available.
No additional details available.
$1,000
No additional details available.
As Low As; Personal Loans are a great way to finance that special project or dream vacation! See a Loan Officer for details.
$1,000
12 months
As Low As; Loan Amount: $500 - $25,000
Limit of $10,000.00
As Low As; Rate based on creditworthiness and term of loan.
18 months
As Low As
As Low As
As Low As; Loan special-good through 8/31/2026
No additional details available.
No additional details available.
No additional details available.
Limit of $10,000.00
As Low As; Advertised unsecured loan rates include automatic payment option. Rates are 0.50% higher without automatic payment option.
As Low As
24 months
As Low As
As Low As
As Low As
As Low As
As Low As
No additional details available.
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Limit of $10,000.00
As Low As
As Low As; Loan Amount: $500-$40,000
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
No additional details available.
As Low As
As Low As
As Low As
No additional details available.
As Low As
No additional details available.
As Low As
As Low As
As Low As
$0-$7499
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
$1,000
$1,000
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
$3001.00 to $6000.00
As Low As
As Low As; Maximum loan amount $3,000 with a maximum term of 12 months. Payment sample: 12 monthly payments of $86.63/$1,000 borrowed.
As Low As
As Low As
As Low As
As Low As
No additional details available.
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
$6001.00 to $10000
As Low As
Qualifications Required: Must provide most recent two pay stubs, proof of rent or mortgage; Application fee: $20.00
As Low As
As Low As
No additional details available.
No additional details available.
As Low As
$2,500; Credit Score 750 plus
No additional details available.
As Low As
As Low As
As Low As
$1,000
MAX 48 months
No additional details available.
As Low As
$1,000
No additional details available.
$10,001 to $15,000
As Low As; *APR = Annual Percentage Rate. All loans subject to credit approval. Rates displayed are the lowest rates available including a discount for automatic payment. Rates subject to change without notice. Rates and term subject to credit qualification.
As Low As
As Low As; Use our signature loans for whatever needs may arise or to refinance higher rate loans or credit cards. Rates as low as 9.50% APR (Annual Percentage Rate)* *Rates and terms available to qualified borrowers.
Springfield, IL Personal Loan Rate Trends
Compare local Springfield, 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 fell 0.024 points over the past 7 days to 10.746% APR.
Illinois signature loan rates fell 0.079 points over the past 7 days to 12.744% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Springfield, 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 Springfield, 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 Springfield, 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 Springfield, Illinois?
What are the best personal loan rates in Springfield, Illinois?
- Credit Union 1 Credit Union Rantoul, IL: 5.00% (Credit Saver Loan)
- Cooperative Choice Network Credit Union: 6.50% (Personal Loans)
- Citizens Equity First Credit Union: 9.50% (PERSONAL (UNSECURED))
- Land Of Lincoln Credit Union: 9.95% (Signature or Personal Loan or more)
- Heartland Credit Union Springfield, IL: 11.50% (unsecured)
Springfield, Illinois Rates & Resources
Personal Loan Calculators
