Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as "Credible."
If you’re moving to another state, remodeling a bathroom, or facing another expense, you might consider applying for a $15,000 personal loan.
There are plenty of lenders that offer loans of this amount, but their interest rates and terms can vary widely — which is why it’s important to compare as many lenders as you can to find the right loan for your needs.
Here’s what you should know before taking out a $15,000 personal loan:
- Where to get a $15,000 personal loan
- What to consider when comparing $15,000 loans
- Cost to repay a $15k loan
Where to get a $15,000 personal loan
Below you’ll find some of your options when it comes to different types of personal loan lenders:
Online lenders
Online lenders can be a good place to start if you’re looking for a $15,000 personal loan.
Many online lenders offer higher loan maximums as well as faster funding time — the time to fund for an online personal loan is typically five days, though some lenders fund approved loans as soon as the same or next business day.
Here are Credible’s online partner lenders that offer $15,000 personal loans:
| Lender | Fixed rates | Loan amounts |
|---|---|---|
 View details | 9.95% - 35.99% APR | $2,000 to $35,000** |
*If approved, the actual loan terms that a customer qualifies for may vary based on credit determination, state law, and other factors. Minimum loan amounts vary by state. **Example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33. |
||
 View details | 6.49% - 29.99% APR | $5,000 to $35,000 |
|
||
 View details | 5.99% - 29.99% APR | $5,000 to $50,000 |
|
||
 View details | 6.99% - 24.99% APR | $2,500 to $35,000 |
|
||
 View details | 7.99% - 29.99% APR | $7,500 to $50,000 |
|
||
 View details | 10.68% - 35.89% APR | $1,000 to $40,000 |
LendingClub personal loans review †Based on a majority of borrowers from LendingClub's marketing partners who were issued loans between 1/1/19-12/13/19. The time it takes for your loan to be funded may vary. |
||
 View details | 15.49% - 35.99% APR | $2,000 to $25,000 |
|
||
 View details | 3.99% - 19.99% APR | $5,000 to $100,000 |
|
||
 View details | 6.99% - 19.99% APR1 | $3,500 to $40,0002 |
1Rate reduction of 0.25% when enrolled in autopay. 2You may be required to have some of your funds sent directly to pay off outstanding unsecured debt. 3After making 12 or more consecutive monthly payments, you can defer one payment as long as you have made all your prior payments in full and on time. Marcus will waive any interest incurred during the deferral and extend your loan by one month (you will pay interest during this extra month). Your payments resume as usual after your deferral. Advance notice is required. See loan agreement for details. 4Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans).Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions. |
||
 View details | 18.00% - 35.99% APR | $1,500 to $20,000 |
|
||
 View details | 5.99% - 24.99% APR | $5,000 to $40,000 |
|
||
 View details | 5.99% - 17.99% APR | $600 to $20,000 (depending on loan term) |
|
||
 View details | 6.95% - 35.99% APR | $2,000 to $40,000 |
|
||
 View details | 5.99% - 18.83% APR | $5,000 to $100,000 |
|
||
 View details | 10.97% - 35.93% APR7 | $1,000 to $20,000 |
7Personal loans made through Universal Credit feature APRs of 10.97%-35.93%. All personal loans have a 4.25% to 8% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. For example, if you receive a $10,000 loan with a 36-month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Information on Universal Credit’s lending partners can be found at https://www.universal-.credit.com/landing/lendingpartners 8Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. You may be required to have some of your funds sent directly to pay off your credit cards. This rate includes an Autopay APR reduction of 0.5%. By enrolling in Autopay your payments will be automatically deducted from your bank account. Selecting Autopay is optional. Annual Percentage Rate is inclusive of a loan origination fee, which is deducted from the loan proceeds. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. Personal loans made by Universal Credit's lending partners. Information on Universal Credit's lending partners can be found at https://www.universal-credit.com/landing/lendingpartners. Please refer to Universal Credit's Terms of Use and Borrower Agreement for all terms, conditions and requirements. 9Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds sent directly to you should be available within four (4) business days. Funds sent directly to pay off your creditors may take up to two (2) weeks to clear, depending on the creditor. |
||
 View details | 5.94% - 35.97% APR | $1,000 to $50,000 |
|
||
 View details | 8.27% - 35.99% APR4 | $1,000 to $50,0005 |
4The full range of available rates varies by state. The average 3-year loan offered across all lenders using the Upstart platform will have an APR of 25.79% and 36 monthly payments of $37 per $1,000 borrowed. There is no down payment and no prepayment penalty. Average APR is calculated based on 3-year rates offered in the last 1 month. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved. 5This offer is conditioned on final approval based on our consideration and verification of financial and non-financial information. Rate and loan amount are subject to change based upon information received in your full application. This offer may be accepted only by the person identified in this offer, who is old enough to legally enter into contract for the extension of credit, a US citizen or permanent resident, and a current resident of the US. Duplicate offers received are void. Closing your loan is contingent on your meeting our eligibility requirements, our verification of your information, and your agreement to the terms and conditions on the www.upstart.com website. Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Loans are not available in West Virginia or Iowa. The minimum loan amount in MA is $7,000. The minimum loan amount in Ohio is $6,000. The minimum loan amount in NM is $5100. The minimum loan amount in GA is $3,100. 6If you accept your loan by 5pm EST (not including weekends or holidays), you will receive your funds the next business day. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law. |
||
Banks
Not all banks offer personal loans — notably, Bank of America, Capital One, and Chase don’t have a personal loan program. However, several other major banks do provide personal loans.
Here are several banks that offer $15,000 personal loans. Keep in mind that none of these are Credible partners.
- HSBC Bank
- Regions Financial Corporation
- Santander Bank
- TD Bank
- U.S. Automobile Association (USAA)
- U.S. Bank
- Wells Fargo
Learn More: Where to Get a Personal Loan
Credit unions
Credit unions are nonprofit organizations that provide traditional banking products — such as checking accounts and personal loans — to their members.
Because credit unions are nonprofits, they sometimes offer better rates and terms than banks or online lenders.
This means there are plenty of credit unions that offer $15,000 personal loans. Here are several options to consider (note that none of these are Credible partners):
- Alliant Credit Union
- Boeing Employees’ Credit Union
- Consumers Credit Union
- First Tech Federal Credit Union
- Navy Federal Credit Union
- Suncoast Credit Union
Check Out: How to Get a Personal Loan
What to consider when comparing $15,000 loans
There are several factors to think about before taking out a $15,000 personal loan:
1. Interest rates
Your loan interest rate will affect how much you repay over the life of your loan. Generally, the better your credit, the lower your interest rate will be.
You might also get a lower interest rate by choosing a shorter loan term, depending on the lender.
You could also try applying with a cosigner. Not all lenders offer cosigned personal loans, but some do. Even if you don’t need a cosigner to qualify, having one could get you a lower interest rate than you’d get on your own.
It’s also a good idea to consider how much a loan will cost you over time. You can estimate how much you’ll pay for a loan using our personal loan calculator below.
Enter your loan information to calculate how much you could pay
With a $ loan, you will pay $ monthly and a total of $ in interest over the life of your loan. You will pay a total of $ over the life of the loan.
Need a personal loan?
Compare rates without affecting your credit score. 100% free!
Checking rates won’t affect your credit score.
Learn More: No-Credit-Check Personal Loans
2. Fees
Some lenders charge additional fees for personal loans, such as origination fees and late payment fees. Be sure to read the fine print before accepting a loan so you’re not caught by surprise.
Check Out: Debt Consolidation Loans
3. Repayment terms
Most personal loans come with repayment terms ranging from one and seven years. Generally, you’ll get a lower interest rate if you select a shorter loan term.
However, a shorter loan term also typically means having a higher monthly payment.
Learn More: Home Equity Loan vs. Personal Loan
4. Monthly payment
Your monthly payment is mainly impacted by your loan term and interest rate. As you compare personal loans, be sure to consider how the payment will fit within your budget.
Check Out: Best Personal Loans
5. Total repayment costs
Depending on your loan term, interest rate, and monthly payment, you could end up paying hundreds or even thousands of dollars in interest charges on top of the loan principal.
Be sure to consider the loan’s total repayment cost — which should be outlined in the federal Truth in Lending Act (TILA) disclosure given to you by the lender — so you can plan for any added expenses.
- The finance charge: This is the cost of your loan, including interest and fees, assuming you make all your payments on time.
- Total payments: This is the sum of all the payments you’ll make to pay off your loan, including the loan principal and finance charges.
Cost to repay a $15k loan
This table illustrates how the interest rate, loan term, and monthly payment impact how much a $15,000 personal loan will actually cost.
The interest rates for this example are hypothetical and don’t reflect the interest rates you might get on a loan.
| Repayment term | Interest rate | Monthly payment | Total interest |
|---|---|---|---|
| 2 years | 5% | $658 | $794 |
| 3 years | 6% | $456 | $1,428 |
| 4 years | 7% | $359 | $2,241 |
| 5 years | 8% | $304 | $3,249 |
| 6 years | 9% | $270 | $4,468 |
| 7 years | 10% | $249 | $5,917 |
If you decide to take out a $15,000 personal loan, remember to consider as many lenders as you can to find the right loan for you. Credible makes this easy — you can compare your prequalified rates from multiple lenders in two minutes.
Ready to find your personal loan?
Credible makes it easy to find the right loan for you.
Find My Rate
Checking rates won’t affect your credit
Find Your Loan:
- $5,000 Personal Loan
- $10,000 Personal Loan
- $20,000 Personal Loan
- $50,000 Personal Loan
- $100,000 Personal Loan
About Rates and Terms: Rates for personal loans provided by lenders on the Credible platform range between 4.99-35.99% APR with terms from 12 to 84 months. Rates presented include lender discounts for enrolling in autopay and loyalty programs, where applicable. Actual rates may be different from the rates advertised and/or shown and will be based on the lender’s eligibility criteria, which include factors such as credit score, loan amount, loan term, credit usage and history, and vary based on loan purpose. The lowest rates available typically require excellent credit, and for some lenders, may be reserved for specific loan purposes and/or shorter loan terms. The origination fee charged by the lenders on our platform ranges from 0% to 8%. Each lender has their own qualification criteria with respect to their autopay and loyalty discounts (e.g., some lenders require the borrower to elect autopay prior to loan funding in order to qualify for the autopay discount). All rates are determined by the lender and must be agreed upon between the borrower and the borrower’s chosen lender. For a loan of $10,000 with a three year repayment period, an interest rate of 7.99%, a $350 origination fee and an APR of 11.51%, the borrower will receive $9,650 at the time of loan funding and will make 36 monthly payments of $313.32. Assuming all on-time payments, and full performance of all terms and conditions of the loan contract and any discount programs enrolled in included in the APR/interest rate throughout the life of the loan, the borrower will pay a total of $11,279.43. As of March 12, 2019, none of the lenders on our platform require a down payment nor do they charge any prepayment penalties.
