Capital One services mortgages and auto loans, as well as personal and business lines of credit. However, it no longer offers personal loans. For borrowers who would like to apply for an unsecured personal loan, there are many alternative lenders to consider in today’s market.

Alternatives to Capital One loans

There are several additional personal loan options that are strong alternatives to a Capital One personal loan. While researching lenders, keep APR, loan terms and any additional fees in mind to ensure you’re getting the right loan for your budget.

Lender APR range Loan amounts
SoFi 8.99%-29.49% $5,000-$100,000
TD Bank 8.99%-23.99% $2,000-$50,000
Avant 9.95%-35.99% $2,000-$35,000


Rating: 4.8 stars out of 5
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    • No mandatory fees.
    • Large loan amounts.
    • Unemployment protection.
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    • High minimum loan amount.
    • Strong credit score required.
    • No co-signer option.

TD Bank

Rating: 4.6 stars out of 5
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    • Low starting APR.
    • Suite of banking products available.
    • Prequalification available.
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    • Fewer terms offered.
    • Strong credit score required.
    • Limited availability.


Rating: 4.7 stars out of 5
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    • Bad credit accepted.
    • Low minimum loan amounts.
    • Fast funding.
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    • No co-borrowers.
    • High maximum APR.
    • Steep fees.

Why doesn’t Capital One offer personal loans anymore?

Capital One has stepped away from issuing personal loans in order to focus on other areas of business, including their credit cards, checking and savings accounts, auto loans and business lines of credit. Personal loans are, on the whole, a high-risk investment, and the company may have found other efforts to be more profitable.

Existing personal loan customers with Capital One may still reach customer service by phone at 877-383-4802 or by mail.