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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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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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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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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Upgrade aims to provide affordable online personal loans to borrowers with less than excellent credit who are interested in improving their credit profile. Founded by the former head of LendingClub, Upgrade offers personal loans, lines of credit and tools to improve credit.
Overall Rating 4.1/5
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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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SoFi was founded in 2011 and offered student loan refinancing to recent graduates with above-average incomes and short credit histories. They now offer personal loans and mortgages as well.
Overall Rating 4.0/5
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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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LightStream, the online lending division of SunTrust Bank, provides an entirely virtual screening process, allowing it to offer some of the lowest rates on the market.
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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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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Best Egg is an online lender known for offering borrowers low rates and quick funding, often in as little as a day.
Overall Rating 3.7/5
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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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Payoff provides online loans with low rates and quick turnaround times to borrowers solely interested in eliminating high-interest credit card debt.
Overall Rating 3.6/5
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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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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 3.5/5
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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 3.5/5
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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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NetCredit, a subsidiary of global lending company Enova International, provides online loans to borrowers with fair to poor credit.
Overall Rating 3.4/5
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LendingClub is one of the largest peer-to-peer lending companies in the market, offering a straightforward loan process to connect borrowers with investors for a wide range of loan purposes.
Overall Rating 3.3/5
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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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