These loans can offer interest rates that are potentially much lower than for a credit card , and you can often apply for a loan and receive the money the same day. You can use a personal loan to help consolidate debt, cover an unexpected expense or even finance a dream vacation or pay for a wedding.

Why SoFi stands out: If you need a large personal loan, SoFi may be a good option. And you may be able to get loan terms as long as seven years. Other key features of a SoFi personal loan include:. Read more about SoFi personal loans. Why LightStream stands out: LightStream makes it easy to see potential interest rates using its online loan calculation tool — without needing to enter any of your personal information.

You can see how the APRs and monthly payments of a LightStream loan can vary for different term lengths 24 to months , based on loan amount and purpose.

Just note that the rates LightStream shows are based on a borrower with excellent credit. Read more about LightStream personal loans. Read more about PenFed personal loans. Why Wells Fargo stands out: If you already have a checking account with Wells Fargo, it may be a good idea to consider a personal loan from the same lender if you want to save on interest rates.

Read more about Wells Fargo personal loans. Why Happy Money stands out: Happy Money markets its Payoff Loan personal loans as a tool to help you out of credit card debt. Read more about Happy Money personal loans.

The average interest rate on a two-year personal loan was about But people with excellent credit may be able to find rates lower than that. However, interest rates can change rapidly depending on the state of financial markets. When the Federal Reserve raises interest rates , the APRs on personal loans are likely to increase as well.

Typically, only borrowers with really good credit scores will be offered the lowest interest rates. For some lenders, this amounts to a fraction of people who apply. Personal Finance Insider researches a wide array of offers when making recommendations; however, we make no warranty that such information represents all available products or offers in the marketplace.

Written by Ryan Wangman, CEPF ; edited by Richard Richtmyer. Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email.

Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Link icon An image of a chain link. It symobilizes a website link url. Copy Link. JUMP TO Section.

Average Overall Personal Loan Rates Average Personal Loan Rates by Credit Score Percentage of Borrowers by Loan Purpose Average Debt Consolidation Rates Debt Consolidation Rates by Credit Score Average Amount Borrowed by Loan Purpose Debt Consolidation Loan Frequently Asked Questions.

Redeem now. This week's rates Last week's rates Average overall rate Loan purpose Percent Debt Consolidation The latest APRs Average overall rate What is a typical rate for a personal loan? Which bank has the lowest interest rate for a personal loan?

Can I ask my bank for a lower interest rate on a personal loan? Ryan Wangman, CEPF. Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans.

He is also a Certified Educator in Personal Finance CEPF. In his past experience writing about personal finance, he has written about credit scores, financial literacy, and homeownership. He graduated from Northwestern University and has previously written for The Boston Globe. Thanks for signing up!

Access your favorite topics in a personalized feed while you're on the go. download the app. Email address. Sign up. This week's rates. Last week's rates. Average overall rate. Average low rate.

Average high rate. Highest rate. Lowest rate. Credit score. Minimum APR. Maximum APR. Good Fair Loan purpose. Debt Consolidation. Household Expenses. Home Improvement. Medical Dental. Credit Card Refinance. Moving Relocation. Student Loan Refinance.

Large Purchases. The latest APRs.

Discover: % to % U.S. Bank: % to % PenFed: % to %

Video

Top loan rate options - LightStream: % to % Discover: % to % U.S. Bank: % to % PenFed: % to %

You can use a personal loan to help consolidate debt, cover an unexpected expense or even finance a dream vacation or pay for a wedding.

Why SoFi stands out: If you need a large personal loan, SoFi may be a good option. And you may be able to get loan terms as long as seven years.

Other key features of a SoFi personal loan include:. Read more about SoFi personal loans. Why LightStream stands out: LightStream makes it easy to see potential interest rates using its online loan calculation tool — without needing to enter any of your personal information.

You can see how the APRs and monthly payments of a LightStream loan can vary for different term lengths 24 to months , based on loan amount and purpose. Just note that the rates LightStream shows are based on a borrower with excellent credit.

Read more about LightStream personal loans. Read more about PenFed personal loans. Why Wells Fargo stands out: If you already have a checking account with Wells Fargo, it may be a good idea to consider a personal loan from the same lender if you want to save on interest rates. Read more about Wells Fargo personal loans.

Why Happy Money stands out: Happy Money markets its Payoff Loan personal loans as a tool to help you out of credit card debt. Read more about Happy Money personal loans.

The average interest rate on a two-year personal loan was about But people with excellent credit may be able to find rates lower than that. However, interest rates can change rapidly depending on the state of financial markets. When the Federal Reserve raises interest rates , the APRs on personal loans are likely to increase as well.

Typically, only borrowers with really good credit scores will be offered the lowest interest rates. For some lenders, this amounts to a fraction of people who apply. If this happens, applying for loans with no credit check might be an option.

SoFi offers online personal loans with consumer-friendly features for good- and excellent-credit borrowers. This is not a commitment to lend from Discover Personal Loans. Your APR will be between 7. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history and application information meet all requirements.

Our lowest rates are available to consumers with the best credit. Many factors are used to determine your rate, such as your credit history, application information and the term you select. State restrictions may apply.

A Discover personal loan is intended for personal use and cannot be used to pay for post-secondary education, to pay off a secured loan, or to directly pay off a Discover credit card. If your application is approved, we will send funds after you accept the loan.

Your bank or creditor may take more days to process the funds. Discover makes loans without regard to race, color, religion, national origin, sex, disability, or familial status. Minimum income requirement: None.

Lender accepts income from alimony, retirement, child support, Social Security and other sources. Personal loans made through Upgrade feature Annual Percentage Rates APRs of 8.

All personal loans have a 1. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors.

Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade's bank partners. Must be a U. citizen, permanent resident or non-permanent resident with valid documentation.

Must be employed, have sufficient income or have an offer of employment to start within 90 days. Fixed rates from 8. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

Autopay: The SoFi 0. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

Autopay is not required to receive a loan from SoFi. Direct Deposit Discount: To be eligible to potentially receive an additional 0. This discount will be lost during periods in which SoFi determines you have turned off direct deposits to your Direct Deposit Account.

You are not required to enroll in direct deposits to receive a Loan. Must have a bank account at a financial institution with a routing number. Must have a full-time job or be starting a full-time job within six months. The full range of available rates varies by state.

APR is calculated based on 5-year rates offered in September There is no downpayment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application.

Not all applicants will be approved. Personal loan APRs through Prosper range from 6. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions.

Refer to Borrower Registration Agreement for details and all terms and conditions. All personal loans made by WebBank. Minimum credit score: This lender uses FICO score version 9 and VantageScore version 3.

This lender accepts income from employment, alimony, retirement, child support and Social Security payments. Applications submitted on this website may be funded by one of several lenders, including: FinWise Bank, a Utah-chartered bank, Member FDIC; Coastal Community Bank, Member FDIC; Midland States Bank, Member FDIC; and LendingPoint, a licensed lender in certain states.

Loan approval is not guaranteed. Actual loan offers and loan amounts, terms and annual percentage rates "APR" may vary based upon LendingPoint's proprietary scoring and underwriting system's review of your credit, financial condition, other factors, and supporting documents or information you provide.

Upon final underwriting approval to fund a loan, said funds are often sent via ACH the next non-holiday business day. Actual terms and rate depend on credit history, income, and other factors.

In the example provided, the total financed amount is increased to receive the full requested loan amount after the origination fee is deducted. The total amount due is the total amount of the loan you will have paid after you have made all payments as scheduled. Must have several years of credit history with multiple account types and few or no delinquencies.

Rates quoted are with AutoPay. Your loan terms are not guaranteed and may vary based on loan purpose, length of loan, loan amount, credit history and payment method AutoPay or Invoice. AutoPay discount is only available when selected prior to loan funding. Rates without AutoPay are 0.

To obtain a loan, you must complete an application on LightStream. com which may affect your credit score. You may be required to verify income, identity and other stated application information. Some additional conditions and limitations apply. Advertised rates and terms are subject to change without notice.

Truist Bank is an Equal Housing Lender. Truist, LightStream, and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank. Best Egg loans are personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender or Blue Ridge Bank, N.

Visa is a registered trademark, and the Visa logo design is a trademark of Visa International Incorporated. The term, amount, and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors.

Your loan agreement will contain specific terms and conditions. About half of our customers get their money the next day.

After successful verification, your money can be deposited in your bank account within business days. Annual Percentage Rates APRs range from 8. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.

The origination fee on a loan term 4-years or longer will be at least 4. Your loan term will impact your APR, which may be higher than our lowest advertised rate. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. Best Egg products are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia, or U.

TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL— Operations Manager, Email: [email protected] , Address: P. Box , Philadelphia, PA , Phone: This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.

Box , Cerrillos Road, Santa Fe, New Mexico Minimum income: None; lender requires proof of income. Between April 1, and June 30, , Personal Loans issued by LendingClub Bank were funded within 30 hours after loan approval, on average.

Loan approval, and the time it takes to issue a credit decision, are not guaranteed and individual results vary based on creditworthiness and other factors, including but not limited to investor demand.

Some amounts, rates, and term lengths may be unavailable in certain states. For Personal Loans, APR ranges from 9. APRs and origination fees are determined at the time of application. Lowest APR is available to borrowers with excellent credit.

Advertised rates and fees are valid as of July 11, and are subject to change without notice. Loans are made by LendingClub Bank, N. LendingClub Bank is not an affiliate of NerdWallet, Inc.

Credit eligibility is not guaranteed. Loans are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Certain information that LendingClub Bank subsequently obtains as part of the application process including but not limited to information in your consumer report, your income, the loan amount that your request, the purpose of your loan, and qualifying debt will be considered and could affect your ability to obtain a loan.

Loan closing is contingent on accepting all required agreements and disclosures. This offer does not constitute a commitment to lend or an offer to extend credit.

Upon submitting a loan application, you may be asked to provide additional documents to verify your identity, income, assets, or financial condition. The rate and terms you may be approved for will be shown to you during the application process.

Loans subject to an origination fee, which is deducted from the loan proceeds. Refer to full borrower agreement for all terms, conditions and requirements.

Please refer to the certificate of insurance, provided to you with your loan origination documents, for terms and conditions of the coverage. Some exclusions apply. Claims must be submitted for review and approval to CUMIS Specialty Insurance Company, Inc. CUMIS Specialty Insurance Company, our excess and surplus lines carrier, underwrites coverages that are not available in the admitted market.

Product and features may vary and not be available in all states. Certain eligibility requirements, conditions, and exclusions may apply. Please refer to the Group Policy for a full explanation of the terms.

The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by any financial institution.

Corporate Headquarters Mineral Point Road, Madison, WI Minimum loan amounts may vary by state. If approved, the actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors.

An administration fee of up to 9. Avant branded credit products are issued by Webbank. Personal loans made through Universal Credit feature Annual Percentage Rates APRs of All personal loans have a 5. Loans feature repayment terms of 36 to 60 months.

Accept your loan offer and your funds will be sent to your bank or designated account within one 1 business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds sent directly to you should be available within one 1 business day.

Funds sent directly to pay off your creditors may take up to 2 weeks to clear, depending on the creditor. Personal loans issued by Universal Credit's bank partners.

Minimum credit history: None; this lender prefers some minimal credit history. Minimum income: None, but borrowers must have sufficient disposable income to make the monthly loan payment.

Loan approval and actual loan terms depend on your ability to meet our credit standards including a responsible credit history, sufficient income after monthly expenses, and availability of collateral and your state of residence.

If approved, not all applicants will qualify for larger loan amounts or most favorable loan terms. Larger loan amounts require a first lien on a motor vehicle no more than ten years old, that meets our value requirements, titled in your name with valid insurance.

APRs are generally higher on loans not secured by a vehicle. OneMain charges origination fees where allowed by law. Depending on the state where you open your loan, the origination fee may be either a flat amount or a percentage of your loan amount.

Visit omf. Loans to purchase a motor vehicle or powersports equipment from select Maine, Mississippi, and North Carolina dealerships are not subject to these maximum loan sizes. Time to Fund Loans: Funding within one hour after closing through SpeedFunds must be disbursed to a bank-issued debit card.

Disbursement by check or ACH may take up to business days after loan closing. This lender accepts income from employment, retirement and Social Security payments. All loans are subject to eligibility criteria and review of creditworthiness and history.

Terms and conditions apply. All loans advertised are unsecured personal loans issued by FinWise Bank, a Utah chartered commercial bank, member FDIC, as creditor, on the Reach Financial platform.

If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, and the loan term you select. Fixed Annual Percentage Rates APR range from NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.

A personal loan is money you borrow in a lump sum and repay in fixed monthly payments. You can get a personal loan from a bank, credit union or online lender.

To qualify you, lenders look at factors including your credit score, credit report and debt-to-income ratio. Lenders primarily use your financial and credit information to determine your rate, but may consider additional information like whether you own your home, your education level and your employer.

Borrowers with good to excellent credit scores and higher typically get the lowest interest rates and can borrow larger amounts. They also have the most options when it comes to shopping for a loan.

Those with fair to bad credit scores below may have to look a little harder and pay a higher rate for a personal loan.

Having steady income, low debt, a long credit history and a record of on-time payments will improve your chances of being approved. Borrower credit rating. Score range. Estimated APR. Rates are estimates only and not specific to any lender. The lowest credit scores — usually below — are unlikely to qualify.

One benefit of getting a personal loan is you can use the money for nearly any purpose. Ideally, getting one positively impacts your overall financial health, by helping you pay off debt faster, for example, or adding to the value of your home.

Here are some top reasons consumers get personal loans:. Debt consolidation : Roll your debts into one monthly payment, potentially reducing the interest you pay toward the debt and helping you pay it off faster.

Home improvement : Need to add on a home office or install a swimming pool? Use a personal loan to cover the costs. Large expenses: You can use a personal loan to buy a boat , RV or other items with large price tags.

Weddings : Using a personal loan to pay for your wedding can help you stick to a budget. Emergencies : Because personal loans are funded quickly, they can help cover an urgent home or car repair. Compare any loan with interest-free options.

If you decide a personal loan is right for you, compare rates from multiple lenders. The loan with the lowest APR is the least expensive — and usually the best choice. Here are the most important features to compare on personal loans. When comparing offers, APR tells you which is the least expensive overall.

It also provides an apples-to-apples comparison across financial products, so you can compare the cost of a personal loan to a credit card, for example. Monthly payment: Even if a loan has a low APR, you need room in your budget to repay it each month.

Your monthly payment is determined by the loan amount, interest rate and repayment term. Use a personal loan calculator to see how the rate and repayment term affect the monthly payment. Fees: The most common fees on a personal loan are late and origination fees.

If your lender charges this fee, make sure the final loan amount will be enough to cover your expenses. Funding time: Many lenders can fund a loan the day after approval, but some take up to a week to send you the money.

If you need cash fast, compare fast personal loans to find a lender that offers same- or next-day funding. Payment flexibility: Some lenders let you choose your initial payment date and allow multiple changes during repayment, while others require you to pay on the same date each month for the life of the loan.

Other consumer-friendly features: If you have a couple of competitive offers, consider other common personal loan features to break the tie. Some lenders offer rate discounts, no fees, extra long repayment terms on home improvement loans or direct fund transfers to other creditors on debt consolidation loans.

Check your credit score. Learn about your personal loan options based on your credit score. This will give you an idea of what rate and payment to expect as you shop for loans.

You might decide to postpone getting a loan and instead take steps to build your credit in order to get a lower rate or a larger loan.

Compare your options. Here's how to compare personal loans and credit cards. Find a co-applicant. If you have bad credit, having a co-signer with good credit allows you to piggyback on his or her creditworthiness and potentially get a better rate.

With a joint or co-signed personal loan , your co-applicant has to make payments if you fail to. Consider a secured personal loan. Using a car, savings account or other asset as collateral may get you a lower rate.

The risk is losing your asset if you default on the loan. Assess your overall financial well-being. Personal loans work best as part of a balanced financial plan. If your current debt is overwhelming, investigate your debt-relief options. Review your credit report. Check your credit report to see what a lender will see and take steps to fix any errors or past-due accounts.

You can get your free credit report with NerdWallet or at AnnualCreditReport. Calculate your payments. Review your budget to see how much room you have for monthly loan payments.

Then, use a personal loan calculator to see what loan amount, rate and repayment term will get you affordable monthly payments. Pre-qualify and compare offers.

Most online lenders allow you to pre-qualify without affecting your credit score. Check your rate with multiple lenders to find the best offer. Once you have multiple loan offers in hand, compare the loan features and fine print, including total costs and any penalties.

Gather documents. Most personal loan applications require proof of income, which can be a W-2, pay stubs or bank statements. Gather these documents before you apply to speed up the process.

The final step is to submit your personal loan application. Applying involves a hard credit check that can temporarily lower your credit score. Depending on the lender, you should receive your funds within a few days. Even before you receive your loan, make a plan to pay it off , ensuring you can manage on-time monthly payments for the life of the loan — whether that's two or seven years.

Missing even one loan payment can hurt your credit score, and defaulting on the loan can mean late fees and collections calls. If you face a financial setback while paying off your loan, reach out to your lender and ask about a hardship option.

Some lenders may allow you to defer loan payments for a specified time. Best for. credit score. Repayment terms. Time to fund after approval. Happy Money. Rocket Loans. Best Egg. Universal Credit. Debt consolidation loans. Installment loans. Bad credit loans. Small personal loans.

NerdWallet writers and editors conduct an annual comprehensive fact check and update of our lender reviews, but also make updates throughout the year as necessary. Our star ratings award points to lenders that offer consumer-friendly features, including: soft credit checks to pre-qualify, competitive interest rates and no fees, transparency of rates and terms, flexible payment options, fast funding times, accessible customer service, reporting of payments to credit bureaus and financial education.

We also consider regulatory actions filed by agencies like the Consumer Financial Protection Bureau. You can get a personal loan from many banks, credit unions and online lenders. Each lender offers different benefits. For example, banks may offer perks for existing customers, while online lenders tend to fund loans more quickly.

Credit unions may offer lower rates to borrowers with low credit scores. Weigh the benefits of online vs. bank loans. Personal loans can be used for almost any purpose. Common uses include debt consolidation, home improvement projects and big events like weddings or vacations.

Personal loans can also cover emergency or medical expenses. Read more about recommended ways to use personal loans. About the author: Annie Millerbernd is a personal loans writer. Her work has appeared in The Associated Press and USA Today.

Annual Percentage Rates APR , loan term and monthly payments are estimated based on analysis of information provided by you, data provided by lenders, and publicly available information. All loan information is presented without warranty, and the estimated APR and other terms are not binding in any way.

Lenders provide loans with a range of APRs depending on borrowers' credit and other factors.

No option to choose your payment date. Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of %%. All personal loans have a PenFed: % to % Best for large loan amounts: SoFi · Best for rate shoppers: LightStream · Best for small loan amounts: PenFed Federal Credit Union · Best for Wells: Top loan rate options

Our take: Optione the Top loan rate options interest rates and the ability to borrow fairly small rae, Penfed may be a good Streamlined online platform for many lkan borrowers. Mark Kantrowitz is an expert on kptions financial aid, Tol FAFSA, scholarships, plans, education tax benefits and student loans. The team also works to minimize risk for partners by making sure language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team. The bank illegally charged fees and interest penalties on auto and mortgage loans. Savings Angle down icon An icon in the shape of an angle pointing down. Happy Money.	NerdWallet star rating. While it's not required to be a PenFed member to apply, a membership will be created for you if you decide to accept the loan. Explore rates for different loan terms so you can tell if you're getting a good deal. Pros No origination fee, early payoff fee or late fee Fixed rate APR Generous 0. Credit score Excellent Good Fair Bad In a Nutshell Getting a low interest personal loan typically requires excellent credit.	Discover: % to % U.S. Bank: % to % PenFed: % to %	SoFi: % to % LightStream Personal Loan: Best for maximum loan amounts · Discover Personal Loan: Best for money-back guarantee · American Express Personal Loan The lowest rate of the companies we track is from American Express Personal Loan, which has a minimum APR of %. The highest rate is from NetCredit, which	Upstart: % to % Wells Fargo: % to % LightStream: % to %
Personal loans Balance transfer credit a form rwte installment credit that Opyions be a more affordable way to finance the big expenses in your Credit score improvement. Read more about SoFi personal loans. Facebook Email icon An envelope. Read our editorial standards. Discover personal loans come with a day money-back guarantee, differentiating them from competitors. Share icon An curved arrow pointing right. Low minimum interest rate Check mark icon A check mark.	You can get a personal loan from nearly every financial intuition , including banks, credit unions and online lenders. For example, if you default on your personal loan payments, your lender could seize your car or savings. In his spare time, Elias enjoys exploring new restaurants, traveling to visit his family in Lebanon, and spending time with friends. Qualifications Must be a U. Mar How we choose our best personal loan lenders. Ultimately, your interest rate for a personal loan or any other loan will depend on your credit score and credit history.	Discover: % to % U.S. Bank: % to % PenFed: % to %	Compare low-interest personal loans from Bankrate's top picks ; Prosper, No prepayment penalty, %% ; TD Bank, Few fees, %% No option to choose your payment date. Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of %%. All personal loans have a PenFed: % to %	Discover: % to % U.S. Bank: % to % PenFed: % to %
See our Balance transfer credit to optionss best debt consolidation loans Balance transfer credit options with higher optiobs. Insurance Angle down icon An icon in the shape of an angle pointing down. APR 7. UFB Secure Savings. Image: Young man thinking about a low interest personal loan over a cup of coffee. Repayment terms. LENDER BEST FOR CURRENT APR RANGE LOAN AMOUNT LOAN TERM Best Egg High-income earners with good credit 8.	Otherwise, you'll receive your funds no later than a week after approval. Interest rates. No co-borrowers allowed. The interest rates offered on an American Express personal loan are fixed and can range from 6. Our top picks of timely offers from our partners More details. One thing to be aware of is that you'll only receive your funds in the form of a paper check.	Discover: % to % U.S. Bank: % to % PenFed: % to %	What's a good rate on a personal loan? Personal loan interest rates range from around % or % to %, so a good rate would be one on the lower end of PenFed: % to % Compare your interest rate options ; Higher interest rate. Lower interest rate to start ; Rate does not change. After initial fixed period, rate can	SoFi: % to % The best personal loan rates are currently from % to about %. The interest rate you get on a personal loan depends on your credit score and credit Personal loan interest rates currently range from about 6 percent to 36 percent. The actual rate you receive depends on different factors, including your credit
Fast funding. Ophions loanswhich are backed by Rewards program comparison service sort of collateral Optionz as your home or ophions, typically have lower interest rates than unsecured loans. Most loan terms range anywhere from six months to seven years. The lender offers a quick application process and funding. Key Principles We value your trust. This week's rates.	Considering borrowing money? Free financial advising. Co-signers: A co-signer agrees to help you qualify for the loan, but they are only responsible for making payments if you are unable to. We think it's important for you to understand how we make money. Personal loans are a form of installment credit. Fast approval and funding. Enter a loan amount.	Discover: % to % U.S. Bank: % to % PenFed: % to %	Lowest Personal Loan Rates From Top Lenders ; Reach Financial: Best for consolidating debt · % - % · $3, - $40, ; Upstart: Best for No option to choose your payment date. Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of %%. All personal loans have a Personal loan APRs average %, according to the Fed's most recent data. Meanwhile, the average credit card interest rate is around %. When compiling	Lowest Personal Loan Rates From Top Lenders ; Reach Financial: Best for consolidating debt · % - % · $3, - $40, ; Upstart: Best for Personal loan APRs average %, according to the Fed's most recent data. Meanwhile, the average credit card interest rate is around %. When compiling Compare low-interest personal loans from Bankrate's top picks ; Prosper, No prepayment penalty, %% ; TD Bank, Few fees, %%
He graduated from Fast repayment options University rrate has previously written Balance transfer credit Raye Boston Globe. Total loan payments. Loa loans can offer interest rates that Streamlined online platform potentially much lower than for a opyions cardand you can often apply for a loan and receive the money the same day. Must be a card member to apply con icon Two crossed lines that form an 'X'. This option is better suited for those who only need to borrow a small amount and can pay off the balance before the promotional period ends. Lender type.	How to get the best personal loan rate. Typically, the longer the term, the smaller the monthly payments and the higher the interest rates. Average low rate. The average personal loan currently has an interest rate above We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Review your credit report before you apply. It's generally best to only apply for the amount you need.	Discover: % to % U.S. Bank: % to % PenFed: % to %	Compare personal loan rates from top lenders for February · Upstart Personal Loans · LightStream Personal Loans · Discover Personal Loans · Upgrade Personal SoFi: % to % Compare low-interest personal loans from Bankrate's top picks ; Prosper, No prepayment penalty, %% ; TD Bank, Few fees, %%	Compare personal loan rates from top lenders for February · Upstart Personal Loans · LightStream Personal Loans · Discover Personal Loans · Upgrade Personal Best for large loan amounts: SoFi · Best for rate shoppers: LightStream · Best for small loan amounts: PenFed Federal Credit Union · Best for Wells What's a good rate on a personal loan? Personal loan interest rates range from around % or % to %, so a good rate would be one on the lower end of