Compare Personal Loans

We provide a quick and easy way to compare lenders and find the right loan for you.

  • Loans from 100 to 500,000 USD
  • With any credit history
  • No service fee

Compare Now
header image
Compare Now

Personal Loan Comparison Calculator

Compare Loan Options Easily with Our Free Loan Comparison Calculator

Loan Amount:
$1,500

$1,500

$1000 $100000
Loan term:
2 Years

2 Years

1 month 15 years
preloader
Featured
Loan Amounts: up to $50,000
Loan Terms: 12-84 months
Availability: All 50 states
No Credit Check:
ARP Range: 3.99% - 35.99%
Min. Credit Score: N/A
Founded:: up to 5 days
Broker:
Apply now

AmOne

AmOne is a company that works to guide people through every step of the personal loan process by simplifying the process and connecting them with lenders that are able to offer competitive rates.

Company:

AmOne, 950 Tower Lane, 6th Floor, Foster City, CA 94404

1-800-781-5187

Benefits:

  • No credit score check
  • Credit calculators on site
  • Loans without collateral

Drawbacks:

  • Lenders tend to call customers

APR Example

$20,000 loan for a 5 year term at 7.39% interest rate with a 3% origination fee. You would receive $19,400 ($20,000 less the $600 origination fee) and would make 60 monthly payments of approximately $399.71 which equates to an APR of 8.68%. The total cost of the loan would be $23,982.86.

Loan Amounts: $1.000-$35,000
Loan Terms: 3-72 months
Availability: field 5
No Credit Check:
ARP Range: 5.99%-35.99%
Min. Credit Score: field 4
Founded:: feild 666
Broker:
Apply now

Personal Loans™

Every day, Personal Loans™ helps people search for a personal loan from our network of lenders and in other third-party lender networks we use. If no lender offers you a loan, you may be presented with an offer for debt relief, credit repair, credit monitoring or other similar services.

Company:

PersonalLoans.com 560 E 200 North, Suite 18 Roosevelt, Utah 84066

Monday to Friday, 6am to 7pm PST

1-800-772-2274

Benefits:

  • Simple and straightforward
  • Get funding fast
  • Directly to your account
  • Competitive Rates

Drawbacks:

  • Not a direct lender

APR Example

APR range for lenders in Personal Loans™ network can generally range from 5.99% to 35.89%, with loan terms from 61 days to 96 months.

Loan Amounts: Amount
Availability: All 50 states
No Credit Check:
Min. Credit Score: N/A
Founded:: 24 hours
Broker:
Apply now

LoanPioneer

We have been made aware that consumers have been contacted by companies claiming to be us. Please be aware that we do not call customers and we never ask you to pay a fee/deposit to get a loan. If you have been contacted by someone that claims to be us, please email us or contact the Online Lenders Alliance Hotline at 1-866-299-7585 immediately.

Company:

1321 Upland Dr. Ste 6458. Houston TX 77043

1-866-299-7585

Loan Amounts: Amount
Availability: All 50 states
No Credit Check:
Min. Credit Score: N/A
Founded:: 24 hours
Broker:
Apply now

Credible

Credible is a marketplace that allows you to compare financial products from multiple providers side-by-side. Credible is not a lender, a bank or a credit card issuer — we partner with the best financial service providers so that they can provide you with a variety of competitive options, enabling you to find the right financial product for your needs. Best of all, Credible is completely free!

Company:

Credible Operations, Inc.

866-540-6005

Benefits:

  • Rates from 4.99% APR
  • Loan amounts from $1,000 to $100,000
  • Compare rates from multiple lenders
  • Checking rates won’t affect your credit

APR Example

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 the borrower will pay a total of $11,279.43.

Loan Amounts: $1,000 – $5,000
Loan Terms: 4 – 36 months
Availability: 25 states
ARP Range: 59.9% – 299%
Min. Credit Score: 500
Founded:: 2014
Apply now

Rise Credit

Rise Credit is a loan provider founded in 2014 that offers loan amounts from $1,000 to $5,000 with terms ranging from 4 to 36 months and an APR range of 59.9% to 299%. It operates in 25 states and considers applicants with a minimal credit score of 500. It features no application fee, no prepayment fee, and loan options with no origination fee. Funding is available within 3 business days.

Company:

RISE
4150 International Plaza Suite 300 Ft. Worth, TX 76109 USA

(866) 580-1226

Benefits:

  • No application fee
  • No prepayment fee
  • Loan options with no origination fee

Drawbacks:

  • High-value loan offers
  • Attractive financing options
  • Flexible repayment plans
Loan Amounts: $1,000 – $50,000
Loan Terms: 24 – 144 months
Availability: 50 states
ARP Range: 0.99% – 35.99%
Min. Credit Score: 600
Founded:: 1996
Apply now

Lendingtree

LendingTree is an online loan marketplace founded in 1996 that offers loan amounts from $1,000 to $50,000 with loan terms from 24 to 144 months and an APR range from 0.99% to 35.99%. It operates in all 50 states and requires a minimum credit score of 600. It features a fully online application process, financial advice from the website, an excellent mobile app, and no fees for using its services.

Company:

LendingTree, LLC
1415 Vantage Park Drive Suite 700 Charlotte, NC 28203

800-505-7916

Benefits:

  • Receive financial advice from the website
  • Experience a fully online application process
  • No fees for using LendingTree services

Drawbacks:

  • Making fees more transparent
  • Comparing fees from different lenders
  • Ensuring you get the best deal possible
Loan Amounts: $1,000 – $50,000
Loan Terms: 36 – 60 months
Availability: 49 states
ARP Range: 6.53% – 35.99%
Min. Credit Score: 620
Founded:: 2012
Apply now

Upstart

Upstart is a lending company founded in 2012 that offers loans of $1,000 to $50,000 with terms of 36 to 60 months and APRs ranging from 6.53% to 35.99%. It operates in 49 states (and Washington, DC) and considers applicants with fair credit (minimal credit score of 620). It features low APRs to qualified borrowers and no prepayment fee.

Company:

Upstart Network, Inc.
Upstart Operations Dept. P.O. Box 1503 San Carlos, CA 94070

(855)-438-8778

Benefits:

  • No prepayment fee
  • Low APRs to qualified borrowers
  • Consideration of applicants with fair credit

Drawbacks:

  • Late fee of $15
  • APRs up to 35.99%
Loan Amounts: $500 – $10,000
Loan Terms: 3 – 72 month
Availability: N/A
No Credit Check:
ARP Range: 5.99% – 35.99%
Min. Credit Score: Any
Founded:: N/A
Apply now

Badcreditloans.com

BadCreditLoans.com is a loan provider that offers loans from $500 to $10,000 with loan terms ranging from 3 months to 72 months and an APR range of 5.99% to 35.99%. It is open to borrowers with any credit score and features a quick and easy application process with funds available the next business day.

Company:

Bad Credit Loans
2661 N Pearl St #431 Tacoma, WA 98407

(800) 245-5626

Benefits:

  • Loans from $500 to $10,000
  • Funds available next business day
  • Open to borrowers with bad credit

Drawbacks:

  • Provides loans of up to $10,000
  • High interest rates, depending on the lender
Loan Amounts: $500 – $2,600
Loan Terms: 8 – 30 months
Availability: 11 states
ARP Range: 165% – 349%
Min. Credit Score: 450
Founded:: 2017
Apply now

Jora Credit

Jora Credit is a financial services company founded in 2017 that offers quick and easy online loan applications with no fees associated. They offer loan amounts from $500 to $2,600 with terms ranging from 8 to 30 months and an APR range of 165% to 349%. They are open to borrowers with a minimal credit score of 450 and operate in 11 states. Funds can be received the same day and they offer both installment loans and lines of credit.

Company:

Jora Credit Holdings, LLC
PO Box 8407 Philadelphia, PA 19101

(888)-256-6083

Benefits:

  • No fees associated with the loan
  • Funds can be received the same day
  • Quick and easy online application process

Drawbacks:

  • Not available in all U.S. states
  • May come with higher costs than other lenders
Loan Amounts: $500 – $35,000
Loan Terms: 2 – 72 months
Availability: 44 states
ARP Range: 5% – 36%
Min. Credit Score: 300
Founded:: 2014
Apply now

Loansunder36

Loansunder36 is a trusted online lender founded in 2014 that offers loan amounts up to $35,000 with APRs of under 36%, no credit score check to view loan offers, and flexible repayment terms up to 72 months. It operates in 44 states (and Washington, DC) and has a minimal credit score requirement of 300.

Company:

LoansUnder36
759 Bloomfield Ave. #244 West Caldwell, NJ 07006

N/A

Benefits:

  • APRs of under 36%
  • Loan amounts up to $35,000
  • Quick and secure online application

Drawbacks:

  • Eligibility requirements vary by lender
  • Not a direct lender, so loan terms cannot be guaranteed
Best
Loan Amounts: 1111111111111111
Loan Terms: 333
Availability: yes
ARP Range: 22212312313123123
Min. Credit Score: 444
Founded:: null
Apply now

Payoff

The origination fee helps us cover the costs on our end. In an effort to be transparent, we don’t hide our origination fee bundled inside your loan. It’s the only fee associated with the Payoff Loan and is charged only once, when your loan is issued. Our Origination Fees range between 0% and 5% Your repayment terms will depend on your APR and loan term. Example: A loan of $16,000 at 10.99% APR will have a monthly payment of $407 for 48 months.

Company:

1700 Flight Way Tustin, CA 92782

Mon-Fri: 6am-7pm (PST) Sat-Sun: 6am-4pm (PST)

1-800-878-0901

APR Example

The first step to financial wellness is taking control of your credit card debt. The Payoff Loan gives you the power to reduce multiple high-interest payments into one low-rate monthly payment.

Loan Amounts: $500 – $35,000
Loan Terms: Up to 72 months
Availability: 44 states
ARP Range: from 5.99%
Min. Credit Score: No credit score
Founded:: 2012
Apply now

5kfunds

5kfunds is an online lender that offers competitive interest rates and loan amounts starting at $2,000 with no minimum credit score required. They offer loan terms up to 72 months and an APR range from 5.99%. They have a simple application process and no penalties for prepayment. 5kfunds was founded in 2012 and operates in 44 states.

Company:

Warmest Dear, LLC
1223 Wilshire Blvd, #852, Santa Monica, CA 90403-5400

N/A

Benefits:

  • Competitive interest rates
  • Loan amounts starting at $2,000
  • Low Annual Percentage Rate
  • No penalties for prepayment
  • Simple application process

Drawbacks:

  • Not available in NY, CT, VT, WV, AK, and GA
  • No online chat feature
  • No toll-free helpline for assistance

Everything You Need to Know About Personal Loans

Personal loans are quickly becoming people’s go-to form of credit. Like credit cards and mortgages, personal loans help you achieve a specific financial goal. Obtaining a personal loan can allow you to split a big expense into more manageable monthly payments, provide the funds you need for a short-term cost, or consolidate high-interest debts. 

As a powerful financial tool obtained through a short and quick process, personal loans can significantly impact your other lines of credit. Before applying for one, let’s talk about everything you need to know about personal loans. 

What Is a Personal Loan?

Personal loans are a fixed loan amount where you borrow money from a lending institution like a credit union or a bank. You can use this as a responsible way to pay for something expensive, allowing you to quickly reach your financial goals, especially now that you can easily find an online lender. Unlike an auto loan that’s specific to a car purchase or a mortgage for your house, you can use a personal loan towards flexible purchases. You can seek a personal loan for your education, medical expenses, a major home item such as large appliances, or debt consolidation. You have complete control over what to use the loan towards.

How Do Personal Loans Work?

With many online lenders available to you today, you can complete the application process in minutes and receive funds via personal loans as soon as the next business day. You look for a loan that fits your criteria, apply for the amount you require, and agree to a loan term. You will be charged an origination fee each time you apply for a new personal loan.

The origination fee can be between 0.5%-1% of the amount you request and can sometimes be negotiable. 

Once you are approved for a personal loan, the loan amount that you requested will be issued as a lump sum, usually deposited into your bank account. You’ll then repay this amount over a fixed amount of time on a fixed interest rate, though your interest rate is usually lower compared to rates on credit cards. The repayment term can be as short as one year or as long as ten years, depending on the loan amount you borrow and how quickly you’ll have the funds to repay. 

Once you agree to these loan terms, you’ll begin paying off your loan. If you suddenly have more income, you cannot use this to pay a larger amount of your loan without incurring a prepayment penalty. A prepayment penalty fee is an amount a lender can charge you for paying off your loan early.

How to Qualify for a Personal Loan

Your personal loans process begins by looking at where your credit score is currently. This number (usually between 300 and 850) tells lenders how likely you will repay your debt based on your previous credit history, telling them whether to approve your application for a personal loan today. Multiple lenders require a credit score of at least 660 for personal loans, so ensuring your score is at least 660, if not higher, will be the first step in the process. 

You’ll also need to ensure you have an income source to pay off your debt, origination fee, and interest rate. Once these criteria are met, you will be eligible for a personal loan.

What Should I Know About Interest Rates?

Now that we know about the minimum credit score you need, let’s talk about interest rates. These rates are the percentage of the balance you will be charged with each month through the loan term, and they are based on your credit history, score, and income level. If your score is lower than the recommended credit score, you may still qualify for the personal loan, but the rates may be too high for the lender to be a viable option. A credit score of 800 and above will ensure you receive the lowest interest rate possible. 

To understand how much a personal loan may cost you, take a look at the Annual Percentage Rate (APR). APRs are also expressed as a percentage that considers your fees and interest, among other factors, allowing you to calculate your total repayment value before you sign anything.

Legal Status and Regulation

All personal loans offered through lending institutions are covered by the Truth in Lending Act (TILA) that protects consumers while they make financial transactions. This law requires lenders to disclose the amount financed, APR, total payments, and origination fee for transparency before they agree and sign. Each state has its own laws regarding lending money. Many states have usury laws in place that cap interest rates between 10% and 20% to ensure the lender charges a fair amount each time.

Types of Personal Loans

Personal loans come in many forms, making them one of the more flexible ways of reaching your financial goals. These loans can take on many different names depending on how the lender advertises it, but all personal loans fall into one of two categories: secured and unsecured personal loans. 

Secured Personal Loans

These loans are backed by something you own that’s of value. You will always need to provide collateral that will be lost if you default on your payment. Mortgages or auto loans are the typical examples of secured personal loans where the house or vehicle is used as collateral. This may not be possible if you’re using the loan towards a college degree or paying off medical bills, so you will be offered secured loans if you do not qualify for an unsecured personal loan.

Unsecured Personal Loans

Unsecured loans are very common personal loans as you do not need to provide collateral, and the process is swift. That doesn’t mean there are no repercussions if you do not pay by the allotted time. If you default on your monthly payments, your credit score can drastically be affected, raising the cost of borrowing. The lender can also file a lawsuit against you to collect the outstanding interest, fees, or debt. 

Whichever type you end up choosing, you’ll still owe a monthly payment to the lender. The payment includes the money paid toward the principal loan amount owed and a portion of the total interest you will owe over the life of the loan.

What Are Personal Loans Used For?

As mentioned earlier, personal loans can be used for a wide range of expenses. Anything that isn’t covered by an auto loan or a mortgage can be paid through a personal loan. Here are some common reasons why you may want a personal loan:

Consolidate debt

People with a moderate amount of consumer debt may take out a personal loan to help them with debt consolidation. These loans are incredibly helpful in quickly paying off your debt that will otherwise take you up to five years as there are plenty available with a lower interest rate and short loan term. 

Pay off credit cards

If you already have a high credit score, your personal loan interest rate may be lower than your credit card, allowing you to pay off your credit card faster. The fixed rate and monthly payments mean your payments never change, and you can still pay the creditors directly.

Home improvements

You can use a personal loan to finance home renovations or major repairs. It’s a great alternative to a home equity loan or a line of credit as you do not put your home up as collateral. You may use it for large projects such as updating the basement, installing a swimming pool, or building a garage. Or you may choose to use it towards emergency repairs like larger plumbing issues or smaller jobs like new windows.

Unexpected Expenses

Emergency medical expenses or family events such as divorces or your loved one’s passing can become quite expensive. These moments are usually already stressful, and being able to ease some financial burden with a quick personal loan can make the situation more manageable.

Blog
money-circulation
Increasing Money Circulation

Money circulation is essential for economic growth as it ensures that there are sufficient resources available in the economy for businesses to operate efficiently. It affects the availability of good

Read more
Hot right now

There are trending offers

Upstart

Credit Card & Debt Consolidation

Loan amounts: 1.000$ - 50.000$
APR range: 6,53% - 35,99%
Term: 3 - 5 years
Get Started

Rates for personal loans provided by lenders on the Upstart platform range between 6.33%-35.99% APR with terms from 36 to 60 months.

Show all