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Best Personal Loans for April 2024

We compared personal loans based on APRs, funding time, and more to identify the best options for borrowers.

Author
By Emily Batdorf

Written by

Emily Batdorf

Writer

Emily Batdorf is a personal finance expert, specializing in banking, lending, credit cards, and budgeting. Drawing on her scientific background, she's developed a knack for analyzing financial products in the context of different needs. She finds joy in helping readers understand their best options and shuns a one-size-fits-all approach.

Edited by Meredith Mangan

Written by

Meredith Mangan

Senior Editor

Meredith Mangan is Credible's Senior Editor for Personal Loans. Since 2011, she’s helped steer content creation in the areas of mortgages and loans, insurance, credit cards, and investing for major finance verticals, including Investopedia, Money Crashers, and The Balance.

Updated April 15, 2024

Editorial disclosure: 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.”

Featured

Personal loans offer quick funds to pay off medical bills, cover emergencies, make car repairs, finance home improvements, take a vacation, and much more. You can also use a personal loan to refinance credit card debt to lower your monthly payment. 

Current personal loan interest rates range from around 6% to 36%, with the best rates reserved for the most qualified borrowers. If you prequalify before applying, you can get a sense of rates that may be available to you without hurting your credit. Just note that you'll need to formally apply to see final rates and terms, which could impact your credit.

Best personal loans

  1. SoFi: Best overall
  2. Upgrade: Best for fair credit
  3. Discover: Best for no origination fees and low rates
  4. Splash Financial: Best quick loans for good credit
  5. Universal Credit: Best debt consolidation loans for bad credit
  6. LightStream: Best for home improvement loans and low rates
  7. Best Egg: Best close rates if prequalified
  8. BHG Money: Best for large personal loans
  9. OneMain Financial: Best bad credit personal loans
  10. Upstart: Best fast personal loans (for all credit types)
  11. LendingClub: Best online experience

Compare personal loan rates for April 2024

Advertiser Disclosure
4.24.2

Credible rating

Fixed (APR)

6.99% - 25.49%

Loan Amounts

$5000 to $100000

Min. Credit Score

700

Check Rates

on Credible’s website

View Details

3.93.9

Credible rating

Fixed (APR)

7.80% - 35.99%

Loan Amounts

$1000 to $50000

Min. Credit Score

620

Check Rates

on Credible’s website

View Details

4.44.4

Credible rating

Fixed (APR)

-

Loan Amounts

$2500 to $40000

Min. Credit Score

660

Check Rates

on Credible’s website

View Details

4.54.5

Credible rating

Fixed (APR)

8.49% - 35.99%

Loan Amounts

$1000 to $50000

Min. Credit Score

600

Check Rates

on Credible’s website

View Details

4.94.9

Credible rating

Fixed (APR)

8.99% - 29.99%

Loan Amounts

$5000 to $100000

Min. Credit Score

Does not disclose

Check Rates

on Credible’s website

View Details

44

Credible rating

Fixed (APR)

8.99% - 35.99%

Loan Amounts

$2000 to $50000

Min. Credit Score

600

Check Rates

on Credible’s website

View Details

4.34.3

Credible rating

Fixed (APR)

-

Loan Amounts

$5000 to $35000

Min. Credit Score

700

Check Rates

on Credible’s website

View Details

4.34.3

Credible rating

Fixed (APR)

11.69% - 35.99%

Loan Amounts

$1000 to $50000

Min. Credit Score

560

Check Rates

on Credible’s website

View Details

44

Credible rating

Fixed (APR)

-

Loan Amounts

$20000 to $200000

Min. Credit Score

660

Check Rates

on Credible’s website

View Details

3.93.9

Credible rating

Fixed (APR)

18.00% - 35.99%

Loan Amounts

$1500 to $20000

Min. Credit Score

540

Check Rates

on Credible’s website

View Details

All APRs reflect autopay and loyalty discounts where available | LightStream disclosure | SoFi Disclosures | Read more about Rates and Terms

Best personal loan lenders

The best personal loans of 2024 package competitive rates with high-value features like low or no fees, fast funding, easy prequalification, high customer satisfaction ratings, a wide range of loan amounts and repayment terms available, discounts, and easily accessible customer service. Or, they represent personal loans for fair-credit and poor-credit customers that are only available from specific lenders.

SoFi: Best overall

Best overall

SoFi

4.9

Credible Rating

Check Rates

on Credible’s website

Est. APR

8.99 - 29.99%

Loan Amount

$5000 to $100000

Min. Credit Score

Does not disclose

Pros and cons

More details

Upgrade: Best for fair credit

Best for fair credit

Upgrade

4.5

Credible Rating

Check Rates

on Credible’s website

Est. APR

8.49 - 35.99%

Loan Amount

$1000 to $50000

Min. Credit Score

600

Pros and cons

More details

Discover: Best for no origination fees and low rates

Best for no origination fees (and low rates)

Discover Personal Loans

4.4

Credible Rating

Check Rates

on Credible’s website

Est. APR

-

Loan Amount

$2500 to $40000

Min. Credit Score

660

Pros and cons

More details

Splash Financial: Best quick loans for good credit

Best quick loans for good credit

Splash

4.3

Credible Rating

Check Rates

on Credible’s website

Est. APR

-

Loan Amount

$5000 to $35000

Min. Credit Score

700

Pros and cons

More details

Universal Credit: Best debt consolidation loans for bad credit

Best debt consolidation loans for bad credit

Universal Credit

4.3

Credible Rating

Check Rates

on Credible’s website

Est. APR

11.69 - 35.99%

Loan Amount

$1000 to $50000

Min. Credit Score

560

Pros and cons

More details

LightStream: Best for home improvement loans and low rates

Best home improvement loans and low rates

LightStream

4.2

Credible Rating

Check Rates

on Credible’s website

Est. APR

6.99 - 25.49%

Loan Amount

$5000 to $100000

Min. Credit Score

700

Pros and cons

More details

Best Egg: Best close rates if prequalified

High Close Rates if Pre-approved

Best Egg

4

Credible Rating

Check Rates

on Credible’s website

Est. APR

8.99 - 35.99%

Loan Amount

$2000 to $50000

Min. Credit Score

600

Pros and cons

More details

BHG Money: Best for large personal loans

Best for large personal loans

BHG Money

4

Credible Rating

Check Rates

on Credible’s website

Est. APR

-

Loan Amount

$20000 to $200000

Min. Credit Score

660

Pros and cons

More details

OneMain Financial: Best bad credit personal loans

Best bad credit personal loans

OneMain Financial

3.9

Credible Rating

Check Rates

on Credible’s website

Est. APR

18.00 - 35.99%

Loan Amount

$1500 to $20000

Min. Credit Score

540

Pros and cons

More details

Upstart: Best fast personal loans (for all credit types)

Best fast personal loans for all credit types

Upstart

3.9

Credible Rating

Check Rates

on Credible’s website

Est. APR

7.80 - 35.99%

Loan Amount

$1000 to $50000

Min. Credit Score

620

Pros and cons

More details

LendingClub: Best online experience

Best online experience

LendingClub

4

Credible Rating

Check Rates

on Credible’s website

Est. APR

8.98 - 35.99%

Loan Amount

$1000 to $40000

Min. Credit Score

660

Pros and cons