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. In order to find a lending institution you trust, browse Bankrate’s expansive and consistently updated list of lender reviews. Whether you need a loan for debt consolidation, 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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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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A SoFi personal loan is a great option for borrowers who make a decent income and have good credit. There are no origination fees, no late fees and you won’t be penalized for paying off your balance early.
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 a day.
Overall Rating 4.7/5
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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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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 4.6/5
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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 home improvement projects, debt consolidation and adoption financing.
Overall Rating 4.6/5
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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 4.5/5
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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 4.3/5
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Municipal Credit Union offers low rates on personal loans, but you must be eligible for membership to qualify.
Overall Rating 4.3/5
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FreedomPlus is an online personal loan provider with same-day loan decisions and funding within 48 hours for loans up to $40,000.
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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If you prefer to do business at a brick-and-mortar bank, TD Bank could be a good fit for your personal loan needs. Additionally, existing customers can save extra on their loan APR by meeting certain qualifications.
Overall Rating 4.2/5
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This traditional brick-and-mortar bank offers competitive personal loans with low rates and fees. PNC’s personal loans are best for those interested in consolidating debt or making a large purchase.
Overall Rating 4.1/5
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Discover, though well-known for its credit cards, also offers a range of personal loans with no processing fees, flexible repayment terms and low fixed interest rates.
Overall Rating 4.0/5
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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 4.0/5
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Personify is known for offering loans to people with below-average credit.
Overall Rating 4.0/5
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Upstart is an online lender founded by former Google employees that lends to those with fair credit or no credit. It uses artificial intelligence and machine learning to assess creditworthiness and lend based on education and experience.
Overall Rating 3.8/5
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This Illinois-based bank offers personal loans at competitive rates, but you’ll have to be a resident of one of 27 states to qualify.
Overall Rating 3.8/5
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Marcus, the online consumer banking arm of Goldman Sachs, charges low rates and no fees for fixed-rate personal loans that can be used for consolidating credit card debt, financing major purchases, home improvements or for special occasions.
Overall Rating 3.7/5
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OneMain Financial is an online lender offering unsecured and secured loans to borrowers with below-average credit.
Overall Rating 3.7/5
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Eloan, the online lending division of Banco Popular de Puerto Rico, provides loans with next-day funding for debt consolidation, medical expenses, auto expenses, credit card debt and more.
Overall Rating 3.7/5
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LendingPoint targets customers with below-average credit interested in taking out a personal loan for a variety of purposes, including consolidating debt. It offers flexible payment terms and fast funding.
Overall Rating 3.6/5
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Looking for a personal loan? Check out our review of Barclays to see if they can provide the best personal loan for you.
Overall Rating 3.5/5
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LendUp pitches itself as an alternative to payday loans, specializing in making small single-payment and installment loans to borrowers with low credit scores who need fast cash.
Overall Rating 3.0/5
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OppLoans is an online lender offering short-term installment loans with no credit check and fast funding to borrowers who need fast cash as an alternative to traditional payday loans.
Overall Rating 3.0/5
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