4.6 /5
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.
Featured Reviews
All Lender Reviews
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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. |
Overall Rating
4.9/5
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Upgrade offers fixed-rate personal loans of up to $50,000 to borrowers with fair credit or better. The application process is entirely online, and Upgrade offers fast approval and funding. |
Overall Rating
4.8/5
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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. |
Overall Rating
4.8/5
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Marcus by Goldman Sachs charges low rates and no fees for fixed-rate personal loans. |
Overall Rating
4.8/5
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Upstart is an online lender founded by former Google employees and lends to those with fair credit. |
Overall Rating
4.7/5
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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. |
Overall Rating
4.7/5
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American Express |
American Express offers low APRs and fast funding on personal loans with no origination or prepayment fees. |
Overall Rating
4.6/5
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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. |
Overall Rating
4.6/5
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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. |
Overall Rating
4.6/5
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RISE |
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. |
Overall Rating
4.6/5
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Eloan provides loans for debt consolidation, medical expenses, auto expenses, credit card debt and more, with funding as soon as the next business day. |
Overall Rating
4.6/5
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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. |
Overall Rating
4.6/5
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Rocket Loans |
Rocket 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. |
Overall Rating
4.6/5
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Payoff provides online loans with low rates and quick turnaround times to borrowers solely interested in eliminating high-interest credit card debt. |
Overall Rating
4.6/5
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This lender offers fast funding and flexible payment options. Additionally, you don’t need stellar credit to qualify for a loan with Avant. |
Overall Rating
4.5/5
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Overall Rating
4.5/5
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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. |
Overall Rating
4.5/5
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Looking for a personal loan? Check out our review of Barclays to see if the lender can provide the best personal loan for you. |
Overall Rating
4.5/5
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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. |
Overall Rating
4.5/5
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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. |
Overall Rating
4.4/5
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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. |
Overall Rating
4.4/5
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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. |
Overall Rating
4.4/5
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LendingPoint targets customers with below-average credit interested in taking out personal loans of up to $25,000. |
Overall Rating
4.4/5
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Municipal Credit Union offers low rates on personal loans, but you must be eligible for membership to qualify. |
Overall Rating
4.4/5
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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. |
Overall Rating
4.4/5
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FreedomPlus is an online personal loan provider with same-day loan decisions and funding within 24 hours for loans up to $50,000. |
Overall Rating
4.3/5
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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. |
Overall Rating
4.3/5
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NetCredit, a subsidiary of Enova International, offers unsecured personal loans ranging from $1,000 to $10,500. |
Overall Rating
4.3/5
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Personify is known for offering loans to people with below-average credit. |
Overall Rating
4.2/5
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Mariner Finance |
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. |
Overall Rating
4/5
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OneMain Financial is an online lender offering unsecured and secured loans to borrowers with below-average credit. |
Overall Rating
4/5
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LendUp stopped offering personal loans in 2021. |
Overall Rating
N/R
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Overall Rating
N/R
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