Our Top Personal Loan Picks
1
LightStream
Best Overall — Lowest Rates Available
6.49%
Starting APR
$5K-$100K
Loan Amount
660+
Min Credit
Same Day
Funding
$0
Fees
Pros
- Lowest starting APR in market
- Rate Beat Program
- Zero fees
- Same-day funding
Cons
- No pre-qualification (hard pull)
- Requires good credit
2
SoFi
Best for Large Loans & Member Benefits
8.99%
Starting APR
$5K-$100K
Loan Amount
680+
Min Credit
Same Day
Funding
$0
Fees
Pros
- Pre-qualify with soft pull
- Unemployment protection
- Great member benefits
- No fees
Cons
- Higher starting APR than competitors
- Requires 680+ credit
3
Upstart
Best for Fair Credit & Young Borrowers
7.80%
Starting APR
$1K-$50K
Loan Amount
620+
Min Credit
1 Day
Funding
0-12%
Orig. Fee
Pros
- AI considers education & job
- Low credit requirement (620)
- $1K minimum loan
- Fast approval
Cons
- Origination fee up to 12%
- Max $50K loan
4
Best Egg
Best Customer Service & Fast Funding
8.99%
Starting APR
$2K-$50K
Loan Amount
640+
Min Credit
Next Day
Funding
0.99-8.99%
Orig. Fee
Pros
- Best customer reviews
- Next-day funding
- Lower credit requirement
- Flexible loan purposes
Cons
- Origination fee
- Shorter terms (3-5 years)
5
Marcus by Goldman Sachs
Best No-Fee Option with Bank Backing
6.99%
Starting APR
$3.5K-$40K
Loan Amount
660+
Min Credit
1-4 Days
Funding
$0
Fees
Pros
- Zero fees
- On-time payment reward
- Goldman Sachs backing
- Competitive rates
Cons
- Max $40K loan
- Slower funding