Compare Top Personal Loan Rates

We compared and reviewed loans from more than 10 personal loan lenders to find the best rates and loan features.

Loan Amount
Show all
  • <$5000
  • $5000-$20000
  • $20000-$50000
  • >$50000
Credit Score
Show all
  • 300-480
  • 481-600
  • 601-719
  • 720-850
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The information shared through this website is based on our team’s personal judgements and views. We use our own comparisons to assign values, which are not intended to reflect a certain benchmark of precision. To keep our website free for use, we accept referral fees from various service providers, which have the potential to influence their respective appointed scores. A third party’s participation on is not an indication of endorsement. The information and vendors which appear on this site is subject to change at any time.The site does not include all companies offering loan products or all available loan offers.
Loan Features
Loan Amount
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Loan Features

Min. Credit Score: 600

APR:3.99% - 35.99%

Term:12-84 months

Loan Amount:
Low Rates
Low fixed rates
Loan Features

Min. Credit Score: 660

APR:3.99% - 19.99%

Term:24-84 months

Loan Amount:
Prequalify for your rate in 3 minutes
Loan Features

Min. Credit Score: 680

APR:5.99% - 18.85%

Term:24-84 months

Loan Amount:
Choice for debt consolidation
Loan Features

Min. Credit Score: 600

APR:8.05% - 25.89%

Term:36-60 months

Loan Amount:
Clear and transparent process
Loan Features

Min. Credit Score: 580

APR:9.95% - 35.99%

Term:24-60 months

Loan Amount:
Get funding in as little as 1 day
Loan Features

Min. Credit Score: 600

APR:5.99% - 29.99%

Term:36-60 months

Loan Amount:
up to $50,000
No fees
Loan Features

Min. Credit Score: 670

APR:7.99% - 35.97%

Term:36-60 months

Loan Amount:

FAQ's About Personal Loans

It's essential for you to comprehend all associated terms and conditions before taking a personal loan. The following frequently asked questions regarding personal loans have been outlined for your convenience below.

What does APR mean?

Let’s say you have an annual interest rate of 10.5% on a loan of $5,000 over 36 months, as well as $60 in fees. With a representative APR of 11.3%, and monthly repayments of $162.51, the total amount repaid would be $5,910.44.

How much does a personal loan cost on average?

Different lenders charge different rates, which can range from less than 3% to more than 36%. Best personal loans are generally associated with lower interest rates for those who have higher credit scores.

Do I qualify for applying a personal loan even though I have bad credit?

Yes, though there are limited options. If you need money fast, you might wish to consult with a bad credit personal loans lender, a credit builder or an alternative lender that doesn't just look at your credit score. You may also be able to search for lower interest rates and flexible credit requirements by looking into local credit unions or local banks.

How are unsecured personal loans obtained?

Under unsecured loans, also known as signature loans, no collateral is needed. The loan amount varies depending on how creditworthy you are. The better your credit score, the better the rate. In order to apply for an unsecured personal loan you normally need proof of income, residency in the United States, and a Social Security number.

How does APR work? Are interest rates and APR the same thing?

The interest rate charged on a personal loan is referred to as APR, or annual percentage rate. The APR numbers can differ, but they will always have a maximum of 35.99%. APRs usually range from 5% to 30% with online personal loan lenders. Different factors like credit score, income, and financial history will determine the APR of your loan. The quoted APR includes any related fees.

You pay interest if you borrow money from an online lender. Since the APR includes all fees as well as the interest rate, the APR is an accurate representation of the cost of the personal loan.

What are the effects of personal loans on your credit score?

Loans for personal use generally don't harm your credit score . The credit score can actually be improved by a personal loan as long as you make regular payments and pay within the loan's terms.

Would a personal loan be available for investing?

You can do that, but maybe not for the best. Borrowing money on a personal loan is already incredibly risky in its own right. It takes a long time to get to the level of skilled investors who take loans out on personal terms. Sometimes even these people don’t succeed.

Could I receive a personal loan quickly?

Occasionally lenders allow you to apply by a certain cut off time, and your application may be approved the next business day instant. This may delay the process a few days if extra verification is needed or if you are required to visit a branch location. Usually, the lender will let you know the turnaround time upfront.

For my personal loan application, what do I need?

It's much easier than you'd think to apply for a personal loan. The applications usually do not require much information about you and require just a couple of minutes to complete. Typically, loan applications ask for your name, address, phone number, AND basic information about your credit history, your income, and your financial history.

What is the cost of online personal loans?

Your loan’s cost is determined by three primary factors:

  • Interest rate. To borrow money from the online lender, they charge you interest. It is typically between 5% and 36% of the loan amount. No lender can charge more than a 36% APR.
  • Fees. Fees for this type of loan can range from 1% to 5%. Prepayment penalties may also apply to personal loans that are paid off early. For late payments and unsuccessful payments, lenders are allowed to charge interest as well.
  • Loan term. This is the duration of your repayment of a loan. The lending terms of most lenders range from 3 to 7 years. You pay more interest if you have a longer-term loan. However, you’ll pay much more each month with short-term loans.

You can depict the interest rate and fees you owe as a percentage of your annual percentage rate (APR). In other words, APR lets you know how much you'll have to pay every year until your loan is repaid. The amount does not include late fees, nonsufficient funds fees (NSF), or prepayment penalties.

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