Get personal loan rates from LendingClub and other lenders
Rates from 6.94% - 35.99% APR1- Loan amounts from $1,000 to $200,000
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Compare Top Personal Loan Lenders
Top Lenders
Compare personal loan rates from top lenders for January 2025
LightStream: Best for personal loans overall
Prepayment penalty: None
Unsuccessful payment fee: None
Minimum credit score: 700
Origination fee: None
Check processing fee: None
Do they allow a cosigner: No
Late fee: None
Time to fund: As soon as the same business day
Best Egg: Best for high close rates if pre-approved
Note that if you successfully prequalify with Best Egg, you may be more likely to be approved for the loan relative to other lenders you prequalify with. Based on Credible data, borrowers who chose to apply for a loan with Best Egg were more than twice as likely to be approved (relative to most other Credible partners).
Prepayment penalty: None
Unsuccessful payment fee: $15
Minimum credit score: 600
Origination fee: 0.99% to 9.99%
Check processing fee: $7
Do they allow a cosigner: No
Late fee: $15
Time to fund: As soon as 1 - 3 business days after successful verification
Upstart: Best for fast personal loans for all credit types
Trustpilot gives Upstart 4.9 stars, which is the highest of all lenders we reviewed.
Prepayment penalty: None
Unsuccessful payment fee: $15
Minimum credit score: 620
Origination fee: 0% to 12%
Check processing fee: None
Do they allow a cosigner: No
Late fee: 5% of late payment or $15 (whichever is greater)
Time to fund: As soon as 1 - 3 business days
Splash Financial: Best for quick loans for good credit
Rates are competitive, but borrowers with excellent credit may find lower APRs elsewhere. Splash is not an option for borrowers with bad credit.
Prepayment penalty: None
Unsuccessful payment fee: Varies by lender
Minimum credit score: 700
Origination fee: 3.99% to 7.49%
Check processing fee: None
Do they allow a cosigner: No
Late fee: Varies by lender
Time to fund: Funding in as little as one business day for eligible applicants
LendingClub: Best for online experience
While prequalification is not a guarantee that you'll be approved for a loan, LendingClub does a better job than most other Credible partner lenders at approving applicants that have successfully prequalified. In other words, you're less likely to have your application declined once you apply (if you've already prequalified). LendingClub may charge an origination fee between 3% and 8%.
Prepayment penalty: None
Unsuccessful payment fee: $15
Minimum credit score: 660
Origination fee: 3% to 8%
Check processing fee: $7
Do they allow a cosigner: No, but co-borrowers allowed
Late fee: 5% of late payment or $15 (whichever is greater)
Time to fund: 24-hour funding upon approval
Happy Money: Best for consolidating credit card debt
You should be prepared to wait a few days to get your money, as funding can take three to five days once approved. And loans aren't available in Massachusetts or Nevada. Happy Money has an A+ rating with the BBB and is ideal for debt consolidation and credit card consolidation loans.
Prepayment penalty: None
Unsuccessful payment fee: None
Minimum credit score: 640
Origination fee: 2% to 5%
Check processing fee: None
Do they allow a cosigner: No
Late fee: None
Time to fund: As soon as 2 - 5 business days after verification
SoFi: Best for personal loans for excellent credit
The main catch is that you need to qualify for a loan with SoFi, which can be hard to do if you don't have good credit. You also won't be able to apply with a cosigner, since SoFi doesn't accept cosigners; nor does it offer secured personal loans.
Prepayment penalty: None
Unsuccessful payment fee: None
Minimum credit score: Does not disclose
Origination fee: 0% - 7%
Check processing fee: None
Do they allow a cosigner: No
Late fee: None
Time to fund: Typically within a few days, given approval and bank account verification
Prosper: Best for peer-to-peer lender
Prepayment penalty: None
Unsuccessful payment fee: $15
Minimum credit score: 640
Origination fee: 1% to 9.99%
Check processing fee: $5 or 5% of the payment (whichever is lower)
Do they allow a cosigner: Yes
Late fee: 5% of late payment or $15 (whichever is greater)
Time to fund: 1 business day following acceptance of loan offer, completion of all necessary verification steps and final approval. One business day is also dependent on your bank’s ability to quickly process the transaction.
Rocket Loans: Best for fast personal loans
Prepayment penalty: None
Unsuccessful payment fee: None
Minimum credit score: 640
Origination fee: Up to 9%
Check processing fee: None
Do they allow a cosigner: No
Late fee: Yes
Time to fund: If approved, you may receive funds in your account as soon as the same business day
Avant: Best for all credit types
Prepayment penalty: None
Unsuccessful payment fee: $15
Minimum credit score: 550
Origination fee: 0.95% to 9.99%
Check processing fee: None
Do they allow a cosigner: No
Late fee: $25
Time to fund: As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
Upgrade: Best for fair credit
However, Upgrade does charge an origination fee of 1.85% to 9.99%. You must have a FICO score of at least 600 and a minimum income of $25,000 annually to qualify.
Prepayment penalty: None
Unsuccessful payment fee: $10
Minimum credit score: 600
Origination fee: 1.85% to 9.99%
Check processing fee: None
Do they allow a cosigner: No
Late fee: $10
Time to fund: Within a day of clearing necessary verifications
BHG Financial: Best for large personal loans
Loan amounts start at $20,000, so look elsewhere for small loans. And BHG charges a modest origination fee between 3% and 4%, depending on your financial profile. Loan funds are available within five to 14 days of loan approval. Note that you can't prequalify with BHG.
Prepayment penalty: None
Unsuccessful payment fee: $20
Minimum credit score: 660
Origination fee: 3% to 4%
Check processing fee: None
Do they allow a cosigner: Yes
Late fee: Lesser of $40 or 5% of the payment.
Time to fund: Funding in as few as 5 days
Citibank: Best for no fees
Though Citi requires a relatively high credit score to qualify, its minimum income requirement is low. The company also offers a generous 0.50 percentage point autopay discount and makes same day funding available to current Citi customers.
Citi offers relatively small loans, as low as $2,000. But the maximum amount you can borrow is capped at $30,000, which is less than most of its competitors. Another drawback is that the minimum APR is relatively high. Just keep in mind that even with excellent credit, you may not qualify for a lender’s lowest advertised rate, which is one reason it’s good to prequalify with multiple lenders before applying.
Citi personal loans are available nationwide.
Prepayment penalty: None
Unsuccessful payment fee: None
Minimum credit score: 740
Origination fee: None
Check processing fee: None
Do they allow a cosigner: No
Late fee: None
Time to fund: Same day with an existing Citi account, or within 2 business days with a non-Citi account
Rates from (APR)
11.69-35.99%
Loan term
3, 5, or 7 years
Loan amount
Up to $50,000
View Details
Universal Credit: Best for debt consolidation loans for bad credit
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.
Prepayment penalty: None
Unsuccessful payment fee: $10
Minimum credit score: 560
Origination fee: 5.25% - 9.99%
Check processing fee: None
Do they allow a cosigner: No
Late fee: $10
Time to fund: As soon as 1 business day after acceptance