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

TD Bank logo
4.9
Bankrate Score
If you prefer to do business at a brick-and-mortar bank, TD Bank could be a good fit for your personal loan needs.
Marcus logo
4.8
Bankrate Score
Marcus by Goldman Sachs charges low rates and no fees for fixed-rate personal loans.
Upgrade logo
4.8
Bankrate Score
Upgrade offers fixed-rate personal loans of up to $50,000 to borrowers with fair credit or better. The application process is entirely online, and Upgrade offers fast approval and funding.
Discover logo
4.8
Bankrate Score
Discover, though known for its credit cards, also offers a range of personal loans with flexible repayment terms, no processing fees and low APRs.
PenFed Credit Union logo
4.6
Bankrate Score
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.
BestEgg logo
4.6
Bankrate Score
Best Egg is an online lender known for offering borrowers low rates and quick funding, often in as little as one business day.
USAA logo
4.6
Bankrate Score
One of the largest military-affiliated financial service companies in the nation, USAA offers competitive rates and fast funding on personal loans.
Eloan logo
4.6
Bankrate Score
Eloan provides loans for debt consolidation, medical expenses, auto expenses, credit card debt and more, with funding as soon as the next business day.
4.6
Bankrate Score
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.
LightStream logo
4.6
Bankrate Score
LightStream charges no fees on its personal loans and offers very competitive rates. Its loans can be used for nearly any purpose, including debt consolidation and adoption financing.
SoFi logo
4.6
Bankrate Score
A SoFi personal loan is a great option for borrowers who make a decent income and have good credit. There are no origination fees or late fees and you won’t be penalized for paying your balance off early.
Figure logo
4.6
Bankrate Score
Figure offers its best personal loan rates to borrowers with good credit who opt for autopay and a shorter repayment term.
Avant logo
4.5
Bankrate Score
This lender offers fast funding and flexible payment options. Additionally, you don’t need stellar credit to qualify for a loan with Avant.
Rocket Loans Personal Loans
4.5
Bankrate Score
Rocket Loans, which was created by mortgage provider Quicken Loans, makes it easy for consumers to apply for an unsecured personal loan. Qualified borrowers can apply online and receive funding as soon as the same business day.
PNC logo
4.5
Bankrate Score
PNC Bank’s low-APR, no-fee personal loans are best for those interested in consolidating debt or making a large purchase.
Barclays logo
4.5
Bankrate Score
Looking for a personal loan? Check out our review of Barclays to see if the lender can provide the best personal loan for you.
Payoff logo
4.5
Bankrate Score
Payoff provides online loans with low rates and quick turnaround times to borrowers solely interested in eliminating high-interest credit card debt.
Upstart logo
4.5
Bankrate Score
Upstart is an online lender founded by former Google employees and lends to those with fair credit.
LendingPoint logo
4.4
Bankrate Score
LendingPoint targets customers with below-average credit interested in taking out personal loans of up to $25,000.
Prosper logo
4.4
Bankrate Score
Prosper was the first company to enter the peer-to-peer lending market and offers unsecured personal loans to borrowers through an entirely virtual process, allowing it to provide low interest rates and quick funding times.
OppLoans logo
4.4
Bankrate Score
OppLoans is an online lender offering short-term installment loans with fast funding to borrowers who need an alternative to traditional payday loans.
Municipal Credit Union logo
4.4
Bankrate Score
Municipal Credit Union offers low rates on personal loans, but you must be eligible for membership to qualify.
First Midwest Bank logo
4.4
Bankrate Score
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.
NetCredit logo
4.3
Bankrate Score
NetCredit, a subsidiary of Enova International, offers unsecured personal loans ranging from $1,000 to $10,500.
LendingClub logo
4.3
Bankrate Score
LendingClub's unsecured personal loans range from $1,000 to $40,000 with relatively affordable annual percentage rates (APRs). LendingClub charges origination fees and requires fair to excellent credit to qualify.
Axos Bank logo
4.2
Bankrate Score
Axos Bank's unsecured personal loans offer $5,000 to $35,000 for borrowers with good credit. It offers fast funding but charges an origination fee.
FreedomPlus logo
4.1
Bankrate Score
FreedomPlus is an online personal loan provider with same-day loan decisions and funding within 48 hours for loans up to $50,000.
Personify logo
4.0
Bankrate Score
Personify is known for offering loans to people with below-average credit.
LendUp logo
4
Bankrate Score
LendUp pitches itself as an alternative to payday loans, specializing in making small loans to borrowers with low credit scores.
Mariner Finance Personal Loans
3.8
Bankrate Score
Mariner Finance offers loans as small as $1,000 and accepts joint applications, but applicants may have to visit a branch in one of 25 states.
OneMain logo
3.8
Bankrate Score
OneMain Financial is an online lender offering unsecured and secured loans to borrowers with below-average credit.
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