If you're self-employed, a personal loan can be as useful to you as to anyone else, whether the money goes to fund a kitchen remodel, dream vacation, wedding, or debt consolidation. But getting a personal loan while self-employed might be more complicated or require more paperwork. We'll walk you through the process and cover which lenders make it easiest while offering competitive rates and terms across the credit spectrum.
We chose Upgrade as the best lender for self-employed loans based on interest rates, accessibility for fair-credit borrowers, fast funding, multiple discounts, the availability of secured loans, and more.
Why trust Credible
Upgrade
To apply, self-employed borrowers must provide their two most recent tax returns.
Best overall
Upgrade
4.9
Credible Rating
Est. APR
9.99 - 35.99%
Loan Amount
$1,000 to $50,000
Min. Credit Score
600
Pros and cons
More details
SoFi
To potentially qualify for a loan, self-employed borrowers will generally need to show proof of consistent income through tax returns or bank statements.
In addition to income, SoFi will also consider your credit score, and education level.
Excellent credit
SoFi
4.8
Credible Rating
Pros and cons
More details
Best Egg
Best Egg works with borrowers who have a variety of employment statuses, such as salaried, self-employed, or retired.
Be sure to check with Best Egg to see what documentation you’ll need to provide.