Best Personal Loan Rates in Troy, Michigan (MI) - 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 Troy, Michigan include: Railway Employees Credit UnionRailway Employees Credit Union5600 Crooks Rd Ste 101, Troy, MI, 48098A+5.0 ★Texas Ratio: 1.06% offering New Lawn Mower Loan at 4.99% APR, Genisys Credit UnionGenisys Credit Union1960 E Big Beaver Rd, Troy, MI, 48083 2021A+5.0 ★Texas Ratio: 4.68% offering Personal Loan at 5.74% APR, Chief Financial Federal Credit UnionChief Financial Federal Credit Union751 E Big Beaver Road, Troy, MI, 48083A+5.0 ★Texas Ratio: 3.24% offering Recreational Loans 2025 and Newer at 6.49% APR, Michigan Schools And Government Credit UnionMichigan Schools And Government Credit Union4555 Investment Dr, Troy, MI, 48098 6338A+5.0 ★Texas Ratio: 3.69% offering Vacant Land Loan 10 Year Fixed at 7.43% APR, and Cornerstone Community Financial Credit UnionCornerstone Community Financial Credit Union1785 Rochester Rd, Troy, MI, 48083A+5.0 ★Texas Ratio: 5.53% offering Personal/Unsecured at 9.49% APR. Personal loan rates as of May 18, 2026 according to verified data from MonitorBankRates.
Troy has 9 local institutions in our database, with personal loan rates as low as 4.99% APR from Railway Employees Credit Union at 5600 Crooks Rd Ste 101, Troy, MI, 48098. 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 Troy, Michigan.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Troy, Michigan. 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 18, 2026
As Low As; mo
As Low As
As Low As
As Low As
75% of stock value
As Low As
As Low As
As Low As; Actual rate may vary based on creditworthiness, loan term, and loan amount.
As Low As
As Low As
As Low As; Maximum loan amount is $5,000. Limited time offer and may end at any time.
As Low As; Maximum loan amount is $5,000. Limited time offer and may end at any time.
As Low As; Loan Amount: $5,000 - $30,000
As Low As
As Low As
As Low As; Loan Amount: $5,000 - $30,000
As Low As
No additional details available.
As Low As; *Annual Percentage Rates (APR) may vary depending upon credit qualifications. Maximum loan amount $20,000. Payments do not begin until an advance is made. Funds are accessed by transferring funds to your Genisys checking account.
No additional details available.
As Low As
No additional details available.
As Low As; Personal Loan
As Low As
No additional details available.
No additional details available.
No additional details available.
As Low As; *Annual Percentage Rates (APR) and terms may vary depending upon payment protection package, and Direct Deposit of payroll, social security or retirement with AutoPay set up from a Genisys checking or savings account. Must be Genisys Credit Union member for at least 3 months. Proof of Income is required.
As Low As; *Approximate monthly payment would be $91.49 for $1,000 borrowed at 17.64% APR for 12 months. APR is annual percentage yield. Must have direct deposits of at least $1,500 per month deposited to a Genisys Credit Union account for the three months prior to application. Must be a member in good standing and not have any current loan delinquency or negative deposit account balance with Genisys Credit Union at the time of application. Direct deposit required, automatic payment encouraged. Only one Express Loan can be open at a time. No more than 3 new Express Loans in a six month rolling period. Limited time offer. Other rules and restrictions apply.
No additional details available.
As Low As
As Low As
As Low As
No additional details available.
No additional details available.
As Low As
As Low As
No additional details available.
As Low As
As Low As; Supporting our community through flood & storm recovery.
As Low As
As Low As
This APR will vary with the market based on the dividend rate.
Must provide travel itinerary
As Low As
No additional details available.
As Low As
Rates are determined by the repayment terms; Loan proceeds to be paid directly to contractor.
As Low As
As Low As
No additional details available.
Credit Score: 700-800
As Low As
Relationship APR
No additional details available.
As Low As
No additional details available.
As Low As
Credit Score: 700-800
As Low As
As Low As
As Low As
As Low As
Relationship APR
No additional details available.
As Low As
No additional details available.
Up to $9,999
As Low As
No additional details available.
No additional details available.
As Low As
Credit Score: 580-619
As Low As
No additional details available.
30-Year Amortization
As Low As
No additional details available.
Fixed APR
As Low As; Terms are dependent upon amount financed. Rates for loan categories represent the lowest rate available to qualified borrowers. Rates are based on the member's credit history. 100% financing and 84 month term available to qualified borrowers.
As Low As
No additional details available.
Credit Score: 700-800
As Low As
No additional details available.
As Low As
As Low As
No additional details available.
No additional details available.
Up to $9,999
$10,000
Credit Score: 700-800
As Low As
No additional details available.
As Low As
No additional details available.
Fixed APR
Rate with 0% Down
As Low As
Credit Score: 620-699
$40,000
No additional details available.
No additional details available.
No additional details available.
Credit Score: 580-619
As Low As; 12 Month Max
As Low As
No additional details available.
Regular APR: 19%
As Low As
As Low As; Multi Purpose 12 Month Loan
As Low As
As Low As
As Low As
As Low As
As Low As; All rates featured are listed ''as low as'' and are subject to credit approval and credit score.
No additional details available.
No additional details available.
As Low As
Credit Score: 700-800
As Low As
Rate with 0% Down
up to $10,000; As Low As
As Low As
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
$10,000
As Low As
As Low As
Credit Score: 620-699
As Low As
$40,000
Up to $9,999
As Low As
Rate with 0% Down
No additional details available.
As Low As; FOR UP TO 24 MONTHS
No additional details available.
As Low As; Starting at 12 months
As Low As
As Low As
up to $25,000; As Low As
As Low As
As Low As
No additional details available.
As Low As
No additional details available.
As Low As
No additional details available.
As Low As
As Low As; $4,00 Max
No additional details available.
As Low As; Multi Purpose 24 Month Loan
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As
Up to $10,000.00; As Low As
As Low As
As Low As; Loan Amount: $5,000 - $30,000
As Low As; Loan Amount: $5,000 - $30,000
As Low As
As Low As; *Annual Percentage Rates (APR) may vary depending upon credit qualifications. Maximum loan amount $20,000. Payments do not begin until an advance is made. Funds are accessed by transferring funds to your Genisys checking account.
As Low As; *Annual Percentage Rates (APR) and terms may vary depending upon payment protection package, and Direct Deposit of payroll, social security or retirement with AutoPay set up from a Genisys checking or savings account. Must be Genisys Credit Union member for at least 3 months. Proof of Income is required.
As Low As
No additional details available.
As Low As
Regular APR: 19%
No additional details available.
As Low As
No additional details available.
As Low As
No additional details available.
As Low As
As Low As
As Low As; FOR UP TO 24 MONTHS
As Low As
As Low As
As Low As; $4,00 Max
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.
As Low As
As Low As; Rate and APR advertised assumes a FICO Credit Score of 680 or better and an example My $ Loan amount financed of $5,000. The payment examples shown above do not include optional insurance premium amounts, which will increase your monthly payment obligation. Your payment may vary based on the term, credit score and amount financed.
No additional details available.
No additional details available.
As Low As
As Low As; with Loyalty Discount
As Low As
No additional details available.
As Low As
As Low As
As Low As
As Low As; Personal Loan
No additional details available.
No additional details available.
No additional details available.
Credit Score: 700-800
No additional details available.
Credit Score: 700-800
Up to $9,999
Credit Score: 580-619
Credit Score: 700-800
Credit Score: 700-800
Up to $9,999
$10,000
Credit Score: 620-699
$40,000
Credit Score: 580-619
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
Credit Score: 700-800
As Low As
$10,000
Credit Score: 620-699
Up to $9,999
$40,000
up to $25,000; As Low As
No additional details available.
Up to $10,000.00; As Low As
Troy, MI Personal Loan Rate Trends
Compare local Troy, MI 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.
Michigan personal loan rates rose 0.088 points over the past 7 days to 11.340% APR.
Michigan signature loan rates fell 0.102 points over the past 7 days to 10.737% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Troy, Michigan 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 Troy, Michigan 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 Troy, Michigan. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in MI.
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 Michigan?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in Michigan?
Are credit unions or banks better for personal loans in Troy, Michigan?
What are the best personal loan rates in Troy, Michigan?
- Railway Employees Credit Union: 4.99% (New Lawn Mower Loan)
- Genisys Credit Union: 5.74% (Personal Loan)
- Chief Financial Federal Credit Union: 6.49% (Recreational Loans 2025 and Newer)
- Michigan Schools And Government Credit Union: 7.43% (Vacant Land Loan 10 Year Fixed)
- Cornerstone Community Financial Credit Union: 9.49% (Personal/Unsecured)
Personal Loan Calculators
