Regardless of how you plan to use it, there's a smart way to get a $3,000 loan.
Start by researching online lenders, banks, and credit unions to find out which ones are most likely to approve you for a personal loan and give you the lowest rate. Then, compare $3,000 loans between lenders based on APRs, monthly payments, available discounts, and fees. Which lender has the best $3,000 loan for you largely depends on your credit score, income, and employment.
Compare rates from $3,000 loan lenders
Advertiser DisclosureThe rates that appear are from companies from which Credible receives compensation. This compensation does not impact how or where products appear within the table. The rates and information shown do not include all financial service providers or all of the displayed lenders' available services and product offerings.
Credible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
More borrowers are able to prequalify with Upstart compared to all other Credible partners, based on 12 months of Credible personal loans data. This could make the lender a good choice if you have at least fair credit and have struggled to qualify with other lenders. It also offers loans as low as $1,000 and as large as $75,000, making it an appealing option for a wide range of loan needs. Upstart may charge an origination fee as high as 15%, but good-credit borrowers may not be charged one at all.
Trustpilot gives Upstart 4.9 stars, which is the highest of all lenders we reviewed. However, it received a below average score in J.D. Power's 2025 U.S. Consumer Lending Satisfaction Study.
pros
- May fund in 1 business day
- 300 minimum credit score in most states
- Low minimum APR
- Trustpilot score of 4.9/5 stars
cons
- May charge a high origination fee
- No discounts offered
Time to get funds
As soon as 1 to 3 business days
Loan uses
Pay off credit cards, consolidate debt, relocate, make a large purchase, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Best Egg is a solid lender for a wide range of borrowers. It offers competitive rates, reasonable loan terms and amounts, and personal loans for fair credit. You'll need a FICO score of at least 600 to qualify, which means borrowers with fair credit are eligible. Plus, Best Egg is one of a handful of Credible partner lenders to offer secured loans, and the only one we know of that offers loans secured by the fixtures in your home. This can be a great way for homeowners to lower their rate, while not putting their actual home up as collateral.
However, Best Egg loans may have an origination fee, which ranges from 0.99% to 9.99% of the loan amount.
pros
- Secured loans available
- Low minimum income requirement
- Wide range of loan purposes allowed
- Funds in 1-3 business days
cons
- Origination fees
- No discounts
- Not available in DC, IA, VT, or WV
Fees
Origination fee, late fee, unsuccessful payment fee, check processing fee
Eligibility
Available in all states except DC, IA, VT, and WV
Time to get funds
As soon as 1 to 3 business days after successful verification
Loan uses
Credit card refinancing, debt consolidation, home improvement, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
LendingClub makes loans to borrowers across the credit spectrum and stands out for its low rates, based on Credible personal loan data. The lender has some of the lowest average APRs for borrowers with fair credit (FICO 580 - 669), good credit (670 - 739), very good credit (FICO 740 - 799), and excellent credit (FICO 800+), compared to other Credible partner lenders. This plus a low minimum income requirement, nationwide availability, and a mobile app makes LendingClub one of our top picks, especially for debt consolidation loans.
LendingClub may charge an origination fee between 0% and 8%.
pros
- Potentially low rates for fair credit or better
- Low minimum income requirement
- Offers joint personal loans
- Available in all states
cons
Eligibility
Available in all 50 states
Time to get funds
As soon as next-day funding once approved
Loan uses
Debt consolidation, paying off credit cards
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Upgrade has a suite of features that make it a very attractive lender: competitive interest rates, discounts for direct pay and autopay, as soon as same-day funding, up to seven-year repayment terms, and nationwide availability. Plus, loans are available to fair-credit borrowers and borrowers with low annual incomes. Upgrade even offers secured personal loans, which is not common among lenders.
However, Upgrade does charge an origination fee of 1.85% to 9.99%.
pros
- Fair credit borrowers eligible
- Autopay and direct pay discounts
- Can fund in as little as 1 business day
- Mobile app
- Secured loans available
- Low annual income requirement
cons
- High maximum origination fee
- Cosigners not accepted on home improvement loans
Loan uses
Credit card refinancing, debt consolidation, home improvement, major purchase, other
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Reach is an option if you have fair credit, especially if you need money fast. According to the company, 90% of Reach personal loans are funded within one day of approval. You can also choose between bi-weekly, semi-monthly, or monthly payment schedules.
It's a good choice for debt consolidation and credit card refinancing, but borrowers with excellent credit may not find the lowest rates with Reach. The company also charges more fees than some of its competitors and doesn't offer direct pay or autopay discounts. If you need a 7-year term loan, you'll need to look elsewhere. Reach personal loans are not available in all states.
pros
- Fast funding
- Can improve credit
- Flexible payment options
- Fair-credit borrowers may be eligible
cons
- Limited use
- No direct pay discount
- Origination fee
- Limited availability: Not available in CO, CT, ME, NV, NH, TN, VT, WV, and all U.S. Territories
Fees
Origination Fee, $15 Late Fee, $25 NSF Fee
Eligibility
Available in all states except CO, CT, ME, NV, NH, TN, VT, WV, and all U.S. Territories
Time to get funds
Funds typically deposited into your account in 1 business day13
Loan uses
Debt consolidation and credit card refinancing only
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
LendingPoint is a fintech lender that incorporates AI and data analysis in addition to considering your credit score. It offers personal loans for a variety of uses, including debt consolidation, credit card refinancing, and home improvement, with funding as soon as the next business day. You can also manage your account using LendingPoint's mobile app.
With low starting APRs and a mid-600s credit score minimum, LendingPoint is best suited for borrowers with fair credit or a limited credit history looking for smaller loans. Some borrowers with good credit may also benefit from a LendingPoint loan. But borrowers with excellent credit can find lower APRs and larger maximum loan amounts with other lenders.
pros
- Multiple loan terms
- Low minimum APR
- Funds as soon as the next business day after approval
- Trustpilot score of 4.9/5 stars
cons
- Origination fee
- No discounts
- Not available in CT, DC, IA, MD, ME, NE, NV, VT, VW, or any U.S. Territories
Loan amount
$2,000 to $25,000 (up to $36,500 direct with lender)
Fees
Origination fee (option to deduct upfront or add to financed amount)
Discounts
Rate discount review after 6 months of on-time payments)
Eligibility
Not available in CT, DC, IA, MD, ME, NE, NV, VT, VW, or any U.S. Territories (eligible states may vary on the lender’s site)
Min. income
$35,000 ($39,000 through Credible)
Time to get funds
As soon as the next business day
Loan uses
Debt consolidation, credit card financing, home improvement, wedding, medical or dental, car repair, taxes, other personal financial expenses
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Prosper is the only remaining true P2P marketplace in the peer-to-peer lending space that connects borrowers with individual investors for some loans. If you apply for a loan with Prosper, the funding may come from an individual who has chosen to invest in you.
Prosper offers personal loans between $2,000 and $50,000 with terms between 2 and 5 years, and funding as soon as one business day. You can use a personal loan through Prosper for a variety of purposes, including debt consolidation and home improvement. The platform has excellent customer service reviews on Trustpilot, as well.
pros
- Offers peer-to-peer lending (individuals can invest in personal loans)
- Can fund in 1 business day
- Open to borrowers with fair credit
- Low minimum APR
cons
- Origination fee
- Not available in Iowa or West Virginia
- No discounts
Eligibility
Available in all states except IA and WV
Time to get funds
On average, within 5 days of accepting your offer
Loan uses
Debt consolidation, home improvement, vehicles, small business, new baby expenses, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Avant personal loans are a good choice for borrowers with bad credit looking for small- to moderate-sized personal loans. Loans are available up to $35,000 and you could get the money as soon as the next business day after approval. Plus, Avant is more likely than some lenders to approve the applications of borrowers who've prequalified with Avant. However, the lender charges an origination fee up to 9.99%, and its top-range interest rates are among the highest of the lenders we reviewed.
pros
- Borrowers with bad credit considered
- Funds as soon as the next business day
- 2-year loan terms available
cons
- No discounts offered
- Origination fee
- Not available in HI, IA, MA, ME, NY, VT, WV, WA, AP, AE, and AA
Fees
Origination fee, late fee, dishonored payment fee
Eligibility
Available in all states except HI, IA, MA, ME, NY, VT, WV, WA, AP, AE, and AA
Time to get funds
As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
Loan uses
Debt consolidation, emergency expense, life event, home improvement, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Citi offers no-fee personal loans to borrowers with good credit (a FICO credit score of 720 or higher). No-fee means no origination fees and no late fees, and Citi is one of few lenders that don’t charge either. (Origination fees are deducted from the loan upfront, reducing the amount you receive).
The company also offers a generous 0.50 percentage point autopay discount and makes same day funding available to current Citi customers. However, Citi requires a relatively high credit score to qualify and caps the amount you can borrow at $30,000, which is less than most of its competitors.
Citi came in second for overall customer satisfaction in J.D. Power's 2025 Consumer Lending Satisfaction Study.
pros
- No origination fees
- Autopay discount
- 2nd in J.D. Power's Consumer Lending Satisfaction Study
- 100% digital process
cons
- Max loan amount is lower than most lenders
- High credit score required
Discounts
0.5% APR autopay discount
Time to get funds
Same day with an existing Citi account, or within 2 business days with a non-Citi account
Loan uses
Can be used for almost any purpose, except for using the proceeds for post-secondary expenses or business purposes.
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Universal Credit offers loan amounts up to $50,000, repayment terms up to seven years, and discounts for direct pay and autopay. Funds are available as soon as the next business day after loan approval.
Note that rates and fees can be relatively high — you may pay an origination fee from 5.25% to 9.99%, and APRs start at 11.69%. If you get a loan with a high interest rate, consider refinancing your personal loan at a lower rate once you've improved your credit score.
pros
- Borrowers with low credit scores considered
- $25,000 annual income requirement
- Autopay and direct pay discounts available
- Can fund in one business day
cons
- High APRs
- Potentially high origination fees
- Not available in Iowa
Time to get funds
As soon as 1 business day after acceptance
Loan uses
Debt consolidation, pay off credit cards, home improvements, unexpected expenses, home and auto repairs, weddings, and other major purchases
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
OneMain Financial has multiple options for bad-credit personal loans. There is no minimum credit score required (if you apply directly with OneMain), which means you could get a loan with bad credit (FICO below 580). Plus, cosigners are allowed — a cosigner is someone (ideally, with good credit) who promises to repay the loan if you can't, which can make it easier to qualify or lower your rate. And, secured personal loans are available. You secure a loan with collateral, which may also help you qualify or lower your rate.
Rates are higher than competitors and OneMain charges origination fees as either a flat fee up to $500, or a percentage from 1% to 10% (depending on your state of residence). Note that even if you prequalify for a personal loan with OneMain, getting approved isn't a given.
pros
- Flexible eligibility requirements
- Offers secured options
- Competitive bad-credit loans
- Physical presence
cons
- Availability
- Origination fees
- High starting APR
- Low maximum loan amount
Fees
Origination fee, unsuccessful payment fee, late fee
Eligibility
Must have photo I.D. issued by U.S. federal, state or local government
Time to get funds
As soon as 1 to 2 days after acceptance
Loan use
All except business, and education
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
More borrowers are able to prequalify with Upstart compared to all other Credible partners, based on 12 months of Credible personal loans data. This could make the lender a good choice if you have at least fair credit and have struggled to qualify with other lenders. It also offers loans as low as $1,000 and as large as $75,000, making it an appealing option for a wide range of loan needs. Upstart may charge an origination fee as high as 15%, but good-credit borrowers may not be charged one at all.
Trustpilot gives Upstart 4.9 stars, which is the highest of all lenders we reviewed. However, it received a below average score in J.D. Power's 2025 U.S. Consumer Lending Satisfaction Study.
pros
- May fund in 1 business day
- 300 minimum credit score in most states
- Low minimum APR
- Trustpilot score of 4.9/5 stars
cons
- May charge a high origination fee
- No discounts offered
Time to get funds
As soon as 1 to 3 business days
Loan uses
Pay off credit cards, consolidate debt, relocate, make a large purchase, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Best Egg is a solid lender for a wide range of borrowers. It offers competitive rates, reasonable loan terms and amounts, and personal loans for fair credit. You'll need a FICO score of at least 600 to qualify, which means borrowers with fair credit are eligible. Plus, Best Egg is one of a handful of Credible partner lenders to offer secured loans, and the only one we know of that offers loans secured by the fixtures in your home. This can be a great way for homeowners to lower their rate, while not putting their actual home up as collateral.
However, Best Egg loans may have an origination fee, which ranges from 0.99% to 9.99% of the loan amount.
pros
- Secured loans available
- Low minimum income requirement
- Wide range of loan purposes allowed
- Funds in 1-3 business days
cons
- Origination fees
- No discounts
- Not available in DC, IA, VT, or WV
Fees
Origination fee, late fee, unsuccessful payment fee, check processing fee
Eligibility
Available in all states except DC, IA, VT, and WV
Time to get funds
As soon as 1 to 3 business days after successful verification
Loan uses
Credit card refinancing, debt consolidation, home improvement, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
LendingClub makes loans to borrowers across the credit spectrum and stands out for its low rates, based on Credible personal loan data. The lender has some of the lowest average APRs for borrowers with fair credit (FICO 580 - 669), good credit (670 - 739), very good credit (FICO 740 - 799), and excellent credit (FICO 800+), compared to other Credible partner lenders. This plus a low minimum income requirement, nationwide availability, and a mobile app makes LendingClub one of our top picks, especially for debt consolidation loans.
LendingClub may charge an origination fee between 0% and 8%.
pros
- Potentially low rates for fair credit or better
- Low minimum income requirement
- Offers joint personal loans
- Available in all states
cons
Eligibility
Available in all 50 states
Time to get funds
As soon as next-day funding once approved
Loan uses
Debt consolidation, paying off credit cards
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Upgrade has a suite of features that make it a very attractive lender: competitive interest rates, discounts for direct pay and autopay, as soon as same-day funding, up to seven-year repayment terms, and nationwide availability. Plus, loans are available to fair-credit borrowers and borrowers with low annual incomes. Upgrade even offers secured personal loans, which is not common among lenders.
However, Upgrade does charge an origination fee of 1.85% to 9.99%.
pros
- Fair credit borrowers eligible
- Autopay and direct pay discounts
- Can fund in as little as 1 business day
- Mobile app
- Secured loans available
- Low annual income requirement
cons
- High maximum origination fee
- Cosigners not accepted on home improvement loans
Loan uses
Credit card refinancing, debt consolidation, home improvement, major purchase, other
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Reach is an option if you have fair credit, especially if you need money fast. According to the company, 90% of Reach personal loans are funded within one day of approval. You can also choose between bi-weekly, semi-monthly, or monthly payment schedules.
It's a good choice for debt consolidation and credit card refinancing, but borrowers with excellent credit may not find the lowest rates with Reach. The company also charges more fees than some of its competitors and doesn't offer direct pay or autopay discounts. If you need a 7-year term loan, you'll need to look elsewhere. Reach personal loans are not available in all states.
pros
- Fast funding
- Can improve credit
- Flexible payment options
- Fair-credit borrowers may be eligible
cons
- Limited use
- No direct pay discount
- Origination fee
- Limited availability: Not available in CO, CT, ME, NV, NH, TN, VT, WV, and all U.S. Territories
Fees
Origination Fee, $15 Late Fee, $25 NSF Fee
Eligibility
Available in all states except CO, CT, ME, NV, NH, TN, VT, WV, and all U.S. Territories
Time to get funds
Funds typically deposited into your account in 1 business day13
Loan uses
Debt consolidation and credit card refinancing only
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
LendingPoint is a fintech lender that incorporates AI and data analysis in addition to considering your credit score. It offers personal loans for a variety of uses, including debt consolidation, credit card refinancing, and home improvement, with funding as soon as the next business day. You can also manage your account using LendingPoint's mobile app.
With low starting APRs and a mid-600s credit score minimum, LendingPoint is best suited for borrowers with fair credit or a limited credit history looking for smaller loans. Some borrowers with good credit may also benefit from a LendingPoint loan. But borrowers with excellent credit can find lower APRs and larger maximum loan amounts with other lenders.
pros
- Multiple loan terms
- Low minimum APR
- Funds as soon as the next business day after approval
- Trustpilot score of 4.9/5 stars
cons
- Origination fee
- No discounts
- Not available in CT, DC, IA, MD, ME, NE, NV, VT, VW, or any U.S. Territories
Loan amount
$2,000 to $25,000 (up to $36,500 direct with lender)
Fees
Origination fee (option to deduct upfront or add to financed amount)
Discounts
Rate discount review after 6 months of on-time payments)
Eligibility
Not available in CT, DC, IA, MD, ME, NE, NV, VT, VW, or any U.S. Territories (eligible states may vary on the lender’s site)
Min. income
$35,000 ($39,000 through Credible)
Time to get funds
As soon as the next business day
Loan uses
Debt consolidation, credit card financing, home improvement, wedding, medical or dental, car repair, taxes, other personal financial expenses
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Prosper is the only remaining true P2P marketplace in the peer-to-peer lending space that connects borrowers with individual investors for some loans. If you apply for a loan with Prosper, the funding may come from an individual who has chosen to invest in you.
Prosper offers personal loans between $2,000 and $50,000 with terms between 2 and 5 years, and funding as soon as one business day. You can use a personal loan through Prosper for a variety of purposes, including debt consolidation and home improvement. The platform has excellent customer service reviews on Trustpilot, as well.
pros
- Offers peer-to-peer lending (individuals can invest in personal loans)
- Can fund in 1 business day
- Open to borrowers with fair credit
- Low minimum APR
cons
- Origination fee
- Not available in Iowa or West Virginia
- No discounts
Eligibility
Available in all states except IA and WV
Time to get funds
On average, within 5 days of accepting your offer
Loan uses
Debt consolidation, home improvement, vehicles, small business, new baby expenses, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Avant personal loans are a good choice for borrowers with bad credit looking for small- to moderate-sized personal loans. Loans are available up to $35,000 and you could get the money as soon as the next business day after approval. Plus, Avant is more likely than some lenders to approve the applications of borrowers who've prequalified with Avant. However, the lender charges an origination fee up to 9.99%, and its top-range interest rates are among the highest of the lenders we reviewed.
pros
- Borrowers with bad credit considered
- Funds as soon as the next business day
- 2-year loan terms available
cons
- No discounts offered
- Origination fee
- Not available in HI, IA, MA, ME, NY, VT, WV, WA, AP, AE, and AA
Fees
Origination fee, late fee, dishonored payment fee
Eligibility
Available in all states except HI, IA, MA, ME, NY, VT, WV, WA, AP, AE, and AA
Time to get funds
As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
Loan uses
Debt consolidation, emergency expense, life event, home improvement, and other purposes
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Citi offers no-fee personal loans to borrowers with good credit (a FICO credit score of 720 or higher). No-fee means no origination fees and no late fees, and Citi is one of few lenders that don’t charge either. (Origination fees are deducted from the loan upfront, reducing the amount you receive).
The company also offers a generous 0.50 percentage point autopay discount and makes same day funding available to current Citi customers. However, Citi requires a relatively high credit score to qualify and caps the amount you can borrow at $30,000, which is less than most of its competitors.
Citi came in second for overall customer satisfaction in J.D. Power's 2025 Consumer Lending Satisfaction Study.
pros
- No origination fees
- Autopay discount
- 2nd in J.D. Power's Consumer Lending Satisfaction Study
- 100% digital process
cons
- Max loan amount is lower than most lenders
- High credit score required
Discounts
0.5% APR autopay discount
Time to get funds
Same day with an existing Citi account, or within 2 business days with a non-Citi account
Loan uses
Can be used for almost any purpose, except for using the proceeds for post-secondary expenses or business purposes.
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
Universal Credit offers loan amounts up to $50,000, repayment terms up to seven years, and discounts for direct pay and autopay. Funds are available as soon as the next business day after loan approval.
Note that rates and fees can be relatively high — you may pay an origination fee from 5.25% to 9.99%, and APRs start at 11.69%. If you get a loan with a high interest rate, consider refinancing your personal loan at a lower rate once you've improved your credit score.
pros
- Borrowers with low credit scores considered
- $25,000 annual income requirement
- Autopay and direct pay discounts available
- Can fund in one business day
cons
- High APRs
- Potentially high origination fees
- Not available in Iowa
Time to get funds
As soon as 1 business day after acceptance
Loan uses
Debt consolidation, pay off credit cards, home improvements, unexpected expenses, home and auto repairs, weddings, and other major purchases
Read full reviewCredible rating
Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. We collected thousands of data points on dozens of lenders for personal loans, mortgages, and student loans. Specific criteria vary by loan type, but generally include interest rates, loan terms, eligibility requirements, transparency, funding times, repayment options, fees, discounts, customer service, cosigner options, and more.
Read our full methodology.
Overview
OneMain Financial has multiple options for bad-credit personal loans. There is no minimum credit score required (if you apply directly with OneMain), which means you could get a loan with bad credit (FICO below 580). Plus, cosigners are allowed — a cosigner is someone (ideally, with good credit) who promises to repay the loan if you can't, which can make it easier to qualify or lower your rate. And, secured personal loans are available. You secure a loan with collateral, which may also help you qualify or lower your rate.
Rates are higher than competitors and OneMain charges origination fees as either a flat fee up to $500, or a percentage from 1% to 10% (depending on your state of residence). Note that even if you prequalify for a personal loan with OneMain, getting approved isn't a given.
pros
- Flexible eligibility requirements
- Offers secured options
- Competitive bad-credit loans
- Physical presence
cons
- Availability
- Origination fees
- High starting APR
- Low maximum loan amount
Fees
Origination fee, unsuccessful payment fee, late fee
Eligibility
Must have photo I.D. issued by U.S. federal, state or local government
Time to get funds
As soon as 1 to 2 days after acceptance
Loan use
All except business, and education
Read full reviewWhere can I get a $3,000 personal loan?
Most personal loans are available online via online lenders, banks (yours and others), and credit unions.
Online lenders
There are several online lenders offering $3,000 loans, such as Upstart, Best Egg, and LendingClub, that cater to a wide range of borrower profiles and needs.

Note
Some online lenders, like SoFi, LightStream, and Happy Money don’t offer $3,000 loans. These lenders offer $5,000 loans and higher.
Online lenders have built their platforms for ease and simplicity of use. Instead of visiting a physical branch location, you can complete the entire process from application to funding online, sometimes getting money as soon as the same day you apply.
Banks
While some banks like Chase and Bank of America no longer make personal loans, Wells Fargo, U.S. Bank, Citi, Discover, and PNC are among those that do.
Note that banks may have certain stipulations. For example, you'll need to have had an open Wells Fargo account for at least 12 months to qualify for a Wells Fargo personal loan.
To stay up with the tech-driven upstarts, these and other banks typically offer online applications and same-day credit decisions for existing customers. If you're not a current customer, you may need to wait a few business days for your approved loan to fund.
Credit unions
There are more than 4,000 federally insured credit unions with 139.3 million members. If you're one of them, you may wish to start your $3,000 personal loan journey here.
Credit union loans are known for their flexible terms, less stringent approval requirements, and interest rate caps, currently at 18%.
Credit unions, however, have membership restrictions. Typically, they limit membership to specific groups, such as military members, firefighters, teachers, or residents of particular regions. But anyone can join PenFed Credit Union, the nation's third-largest by asset size. It offers $3,000 personal loans with rates as low as 8.99% APR.
Approval estimates for $3,000 loans
We crunched a year's worth of data to find the average $3,000 loan rates that borrowers using the Credible marketplace received, and how likely they were to prequalify for a $3,000 loan. Not surprisingly, borrowers with excellent credit received the lowest rates and were the most likely to qualify.
Data are for borrowers who used the Credible marketplace from October 2024 through September 2025 and successfully prequalified for a $3,000 loan (+/- $500). Source: Credible
Top loan purposes for $3,000 loans
Most people who got a $3,000 loan through Credible used it for debt consolidation. The second most common purpose was for paying bills or rent.
Loan purposes are for closed $3,000 loans (+/- $500) from October 2024 through September 2025 with average borrower TransUnion V9 credit scores. Source: Credible
Interest rates for $3,000 loans by loan purpose and credit score
In addition to your credit score, lenders consider how you want to use the loan when determining what APR to offer. The graph below shows how APRs varied for different loan purposes for borrowers who used the Credible personal loan marketplace.
How to compare $3,000 personal loans
While there are a number of features to compare between lenders and loans, cost is usually the most important. Be aware of the loan's monthly cost, overall cost, and any upfront costs, such as origination fees. Note that the repayment term you choose also impacts how much it costs to borrow $3,000. Here's how to compare.

Tip
Some loan purposes — such as debt consolidation — may confer lower interest rates than loans for other purposes.
Interest rates
While government policy and lenders' business and profit models are factors in determining your individual interest rate, you, the customer, also play a large role.
You should expect a competitive rate if you have a good credit score (a FICO score between 670 and 739) based on factors like your bill-paying history and credit utilization rate.
If you have a poor credit history (a FICO score below 580), expecting a rate more than double that of someone with excellent credit (a FICO score of 800 or higher) is not unreasonable.
If you have poor credit, you could pay more than twice the amount of interest over the life of your loan than someone with excellent credit.
Fees
Fees to look for include origination fees, late payment fees, returned payment fees, and so on. One lender may charge an origination fee; another may not. One lender may impose late fees; another may not. While you may be able to avoid late fees, origination fees (when charged) aren't optional and impact the overall cost of the loan.
That's why it's essential to compare each lender's annual percentage rate (APR), which accounts for upfront lender fees in addition to the interest rate.
Repayment terms
Repayment terms on $3,000 loans could range from two to five years. Some lenders offer longer repayment terms, but you may need to take out a larger loan amount to qualify.
The repayment term indicates not just how long you'll make payments on the loan, but how long you'll pay interest. In other words, you'll generally pay more interest on a longer-term loan. This is why it's best to get a loan with the shortest repayment term and monthly payment you can comfortably afford.
Monthly payment
Your monthly payment is determined by multiple factors, including your loan amount, interest rate, and loan term. By changing any of these three main inputs on a loan calculator, you will get a different monthly payment estimate. Your goal is to get one you can comfortably afford.
Total repayment costs
This gives you the big picture. Over time, interest adds up. If your loan is shorter, your monthly payments will be higher, but your total repayment costs will be less. Conversely, if you stretch your monthly payments over a longer period, your monthly payments will be less, but your total repayment costs will be more.
If you want to limit the total interest paid over the life of your loan, shorten your loan term. If cash flow is your bigger concern, lengthen your term.
$3,000 loan cost comparison
This graph illustrates how different APRs can affect how much you'll pay over the life of the loan.
How to get a $3,000 loan
1. Evaluate your credit score and profile
- Obtain a free copy of all three credit reports (Experian, TransUnion, and Equifax) from AnnualCreditReport.com.
- Clean up errors or discrepancies on the reports to boost your scores.
- Check your credit score for free with Credible's credit-monitoring tool.
- Take steps (pay off debts, reduce credit usage, etc.) to improve your score.

Tip
Ask for a credit line increase to reduce your credit utilization and potentially improve your score.
2. Research and compare lenders
- Research minimum income and credit score requirements between lenders to find those you may qualify with.
- Look for discounts you might be eligible for, such as discounts for autopay and direct pay to creditors (for debt and credit card consolidation).
- If time is a factor, find lenders that can fund your loan quickly, such as the same day you apply or the next business day.
- Find lenders that will approve your intended loan purpose.

Tip
Some lenders only approve specific loan purposes, like debt consolidation or credit card refinancing.
3. Prequalify with multiple lenders
- To prequalify for a personal loan, provide a few pieces of information — such as the last four digits of your Social Security number, education level, annual income, and whether you rent or own — and the lender runs a soft credit check. In return, you get a quote that indicates the rate and loan amount you might qualify for.
- Prequalification quotes are not offers of credit. When you apply for a loan, most lenders conduct a hard credit check that could ding your credit score by a few points for up to a year.
4. Calculate estimated monthly payments
- Use an online personal loan calculator to plug in different repayment terms and loan amounts using the rates you've prequalified for.
- Compare numbers to find repayment term/APR/loan amount combinations that best fit your goals and budget.
5. Choose a lender and apply
- Review loan quotes to find ones with a payment you can afford and a lender you feel good about.
- Compare APRs to account for upfront fees, such as origination fees.
- If you choose a loan with an origination fee, know that the amount will likely be deducted from the amount you're borrowing.
- Confirm for yourself that your loan will help you accomplish your stated goal.
- Complete the lender's application form and provide required documentation.
6. Review terms, sign, and begin repayment
- Carefully read the contract's Truth-in-Lending (TIL) statement, showing the APR, finance charges, loan amount, monthly loan payment, total payments, penalties for late payments or early payoff, and all other applicable terms and disclosures.
- Sign the agreement and await funding.
- Begin repayment.
Personal loan alternatives
If you decide a personal loan isn't for you, consider these alternatives.
Cash advance
If you're among the 82% of Americans who have a credit card, you might be able to borrow against it in the form of a cash advance. The amount you can borrow typically is a percentage of your limit. Since your card issuer has already authorized your use, there should be little, if any, paperwork to fill out and no credit check. The downside of this alternative is interest begins accruing at once, and cash advance fees may apply. Cash advances also do not earn credit cash rewards or other incentives.
Family loans
If you don't mind divulging your intentions or personal business to people close to you, your family and friends might be the perfect source for a $3,000 family loan. Typically, loans under $10,000 don't require the family lender to notify the Internal Revenue Service (IRS).
Nevertheless, to eliminate confusion and protect relationships, you and your family lender should at least document the loan amount, the interest rate, and the payback schedule. The interest rate should be equal to or greater than the IRS' Applicable Federal Rate.
To draw up a contract, you could download a legal agreement from providers like Lawdepot.com, legalcontracts.com, and eform.com, or consult services like Namma or National Family Mortgage to guide you through the process.
Pawnshop loans
People walk through the doors of the nation's more than 7,000 pawnshops daily, putting up their jewelry, musical instruments, electronics, firearms, and other possessions as collateral for short-term pawnshop loans.
Pawnshops can be a fast and convenient way to get cash without a credit check. Just keep in mind that seemingly modest, single-digit monthly interest rates, when computed annually, can quickly get pricey. A 4% monthly rate is at least a 48% (4% x 12) annual rate; a 5% monthly rate is at least a 60% (5% x 12) annual rate. Know the true cost of the convenience you're buying.

Note
For loans that charge compound interest, the annual rates above could be higher.
Personal line of credit
Without collateral, you could tap a personal line of credit up to your limit to pay expenses and maintain your cash flow. The interest rate on a personal line of credit is typically higher than a personal loan but lower than a credit card. However, unlike a credit card, interest accrues immediately, with no grace period.
Where we get our data

Credible is a personal loans marketplace that partners directly with lenders to offer loans for a wide range of credit profiles and loan purposes. Because of these relationships, we have access to the most current interest rates that real borrowers are being approved for, along with average rates by credit score and loan purpose, approval rates overall and by lender, and more. The data we use is primary source data, updated weekly, and does not include any personally identifiable information about borrowers.
FAQ
How fast can I get a $3,000 loan?
Open
Funding your loan quickly is a point of pride and competition for many lenders. Just bear in mind that a rate decision made in minutes or the same day is different from the money actually hitting your account. If any lender is going to deliver on its same-day promise, it will likely be an online lender that utilizes AI underwriting.
But even among online lenders, it could take longer. “Once the borrower is approved, the loan is finalized with an e-signature, and funds are transferred in three-to-six business days,” says Tomko.
What credit score do you need for a $3,000 personal loan?
Open
Can I get a $3,000 loan with bad credit?
Open
It's possible to get a $3,000 personal loan with bad credit, but you'll likely pay a lot more in interest. The higher interest rate compensates lenders for the added risk they assume. If you think the cost is too high, consider other $3,000 loan funding alternatives, like a family loan.
Meet the expert:
Peter Bennett
Peter Bennett has almost four decades of financial experience. His work has been published by the Los Angeles Times and Los Angeles Times magazine.