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Bankrate personal loan reviews

Choosing a personal loan lender that’s right for your individual needs can be difficult in a market with so many options now. In order to find a lending institution you trust, browse our expansive and consistently updated list of lender reviews. Whether you need a loan for debt consolidation, a kitchen renovation or a major purchase, here you’ll find ratings, full reviews and a description of each lender’s distinctive qualities in order to help guide your decision.

All lender reviews

Solo Funds App logo
4.6
Rating: 4.6 stars out of 5
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SoLo funds is best for those looking for peer-to-peer lending.
4.7
Rating: 4.7 stars out of 5
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LendingPoint targets customers with below-average credit interested in taking out personal loans of up to $36,500.
4.4
Rating: 4.4 stars out of 5
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OneMain Financial is an online lender offering unsecured and secured loans to borrowers with below-average credit.
4.5
Rating: 4.5 stars out of 5
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Happy Money provides online loans with low rates to borrowers solely interested in eliminating high-interest credit card debt.
4.7
Rating: 4.7 stars out of 5
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Upgrade offers fixed-rate personal loans of up to $50,000 to borrowers with fair credit or better. The application is online, with fast approval.
4.5
Rating: 4.5 stars out of 5
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Axos Bank’s unsecured personal loans offer $5,000 to $50,000 for borrowers with good credit. It offers fast funding but charges an origination fee.
4.3
Rating: 4.3 stars out of 5
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One of the largest military-affiliated financial service companies in the nation, USAA offers competitive rates and fast funding on personal loans.
4.7
Rating: 4.7 stars out of 5
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Prosper was the first to enter the peer-to-peer lending market and offers unsecured personal loans to borrowers through an entirely virtual process.
4.8
Rating: 4.8 stars out of 5
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A SoFi personal loan is great for those with a decent income and good credit. There are no fees and no penalty for paying off your balance early.
4.3
Rating: 4.3 stars out of 5
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This Illinois-based bank offers personal loans for home improvements and more, but you’ll have to be a resident of one of 24 states to qualify.
4
Rating: 4 stars out of 5
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RISE offers small personal loans of $300 to $5,000 and doesn’t charge origination or application fees, but its APRs can be as high as 299 percent.
4.8
Rating: 4.8 stars out of 5
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Discover, though known for its credit cards, also offers a range of personal loans with flexible repayment terms, no processing fees and low APRs.
4.3
Rating: 4.3 stars out of 5
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OppLoans is an online lender offering short-term installment loans with fast funding to borrowers who need an alternative to traditional payday loans.
4.9
Rating: 4.9 stars out of 5
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Earnin can help you tide things over until your next paycheck by providing cash advances of up to $750, without fees.
4.2
Rating: 4.2 stars out of 5
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Zip personal loans is a buy now, pay later company that wants to ensure everyone has access to flexible credit.
4
Rating: 4 stars out of 5
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Acima credit loans are best for those looking for lease-to-own financing with retail products.
4.9
Rating: 4.9 stars out of 5
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Wells Fargo Flex loan is perfect for borrowers who are in need of a small loan with minimal fees.
3.6
Rating: 3.6 stars out of 5
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Truist Ready Now line of credit is a great option for borrowers who are looking to receive fee-free overdraft protection.
4.4
Rating: 4.4 stars out of 5
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U.S. Bank Simple personal loan is best for borrowers who are seeking a small loan for an emergency expense.
4.6
Rating: 4.6 stars out of 5
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Truist is best for borrowers who need funds fast and want competitive rates who live in the eligible states.
4.3
Rating: 4.3 stars out of 5
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Capital Good Fund has higher interest rates than other loans, but has lower rates than payday loans.
4.8
Rating: 4.8 stars out of 5
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U.S. Bank personal loans are ideal for those looking for a small loan and fast funding. You can get funding as soon as next day with U.S. Bank.
4.5
Rating: 4.5 stars out of 5
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The Alliant Credit Union personal loan is an excellent choice for individuals who have a respectable income and a strong credit history. It offers the advantage of no fees and no repercussions for settling your outstanding amount ahead of schedule.
4.3
Rating: 4.3 stars out of 5
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PayPal is a great option for buy now, pay later borrowers who have an established account with PayPal.
4.7
Rating: 4.7 stars out of 5
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Possible Finance is best for borrowers who have little credit history but are financially stable to ensure timely payments.
4.6
Rating: 4.6 stars out of 5
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Universal Credit personal loans are best for borrowers who are wanting to streamline the debt consolidation process.
3.9
Rating: 3.9 stars out of 5
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Reach Financial is best for those who want to consolidate their debt. However, the lender doesn't disclose many of its eligibility requirements and loan details.
4.7
Rating: 4.7 stars out of 5
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Navy Federal personal loans are best for current members of the credit union and borrowers who meet the membership requirements.
4.8
Rating: 4.8 stars out of 5
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Sezzle offers buy now, pay later loans that allow you to pay down a purchase in four payments over six months.
Upstart logo
4.8
Rating: 4.8 stars out of 5
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Upstart is an online lender founded by former Google employees and lends to those with fair credit.
4.4
Rating: 4.4 stars out of 5
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Fifth Third is a large bank that offers competitive rates and loans up to $50,000.
4.7
Rating: 4.7 stars out of 5
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LightStream has no fees for personal loans and offers very competitive rates. Its loans can be used for nearly anything, including debt consolidation.
4.7
Rating: 4.7 stars out of 5
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If you prefer to do business at a brick-and-mortar bank, TD Bank could be a good fit for your personal loan needs.
4.7
Rating: 4.7 stars out of 5
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PenFed offers low APRs and fast funding on personal loans from $600 to $35,000, and it doesn’t charge origination fees or a prepayment penalty.
4.6
Rating: 4.6 stars out of 5
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Best Egg is an online lender known for offering borrowers low rates and quick funding, often in as little as one business day.
4.6
Rating: 4.6 stars out of 5
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PNC Bank’s low-APR, no-fee personal loans are best for those interested in consolidating debt or making a large purchase.
4.3
Rating: 4.3 stars out of 5
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LendingClub’s unsecured personal loans offer $1,000 to $40,000 with relatively affordable APRs. It charges origination fees and requires fair credit.
4.7
Rating: 4.7 stars out of 5
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Achieve (formerly known as FreedomPlus) is an online personal loan provider with same-day loan decisions and funding within 24 hours for loans up to $50,000.
4.7
Rating: 4.7 stars out of 5
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Tally’s credit lines can help you save money on high-interest credit card debt.
4.7
Rating: 4.7 stars out of 5
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Avant offers fast funding and flexible payment options. Additionally, you don’t need stellar credit to qualify for a personal loan with this lender.
4.7
Rating: 4.7 stars out of 5
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Dave App offers cash advances of up to $500, with minimal fees.
4.5
Rating: 4.5 stars out of 5
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Rocket Loans has fast funding, although it does charge origination fees.
4.4
Rating: 4.4 stars out of 5
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American Express offers personal loans to card members who qualify.
4.2
Rating: 4.2 stars out of 5
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Municipal Credit Union offers low rates on personal loans, but you must become a member to qualify.
4.1
Rating: 4.1 stars out of 5
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Personify is known for offering loans to people with below-average credit.
4
Rating: 4 stars out of 5
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Mariner Finance offers loans as small as $1,000 and accepts joint applications, but applicants may have to visit a branch in one of 24 states.
4.4
Rating: 4.4 stars out of 5
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With over 450 brick-and-mortar locations, Santander Bank offers personal loans that come with low fees and flexible repayment options.
4.6
Rating: 4.6 stars out of 5
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For borrowers who are in need of money as soon as possible, securing a Citi personal loan may be a good option.
4.4
Rating: 4.4 stars out of 5
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Wells Fargo may be a great option if you’re looking for a personal loan with an established company.
4.6
Rating: 4.6 stars out of 5
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With over 1,000 branches on the east coast, M&T Bank offers full-service banking for borrowers who prefer visiting in person.
4.4
Rating: 4.4 stars out of 5
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First Tech offers a range of unsecured and secured personal loan amounts to members and employees of big tech companies.
4.2
Rating: 4.2 stars out of 5
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Laurel Road is a digital banking platform from KeyBank. It offers financial services to anyone, but its services are tailored to meet the needs of healthcare and business professionals.
4.4
Rating: 4.4 stars out of 5
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Apple Pay Later is a buy now, pay later option housed within the Apple Wallet.
4.7
Rating: 4.7 stars out of 5
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Empower is a cash advance app that offers advances of up to $250.
4.6
Rating: 4.6 stars out of 5
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Klover allows you to access a portion of your earnings before your next paycheck.
4.5
Rating: 4.5 stars out of 5
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Klarna is a financing tool that breaks up purchases into four equal installments.
4.4
Rating: 4.4 stars out of 5
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Afterpay breaks up the cost of an online purchase into four equal installments.
4.6
Rating: 4.6 stars out of 5
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MoneyLion Instacash feature offers cash advances of up to $500, and no fees.
4.4
Rating: 4.4 stars out of 5
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Affirm is a buy now, pay later lender that offers installment loans for supported purchases.
4.4
Rating: 4.4 stars out of 5
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Brigit is a pay advance app that lends out small advances of $250 upon approval.
3.7
Rating: 3.7 stars out of 5
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Earnest is a loan servicer known primarily for its student loans. Earnest has partnered with Fiona, a lender matching platform, to help borrowers find, compare and choose from qualifying lenders.
4.3
Rating: 4.3 stars out of 5
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NetCredit, a subsidiary of Enova International, offers unsecured personal loans ranging from $1,000 to $10,000, although minimums and maximums vary widely by state.
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