Capital One does not currently offer personal loans. The company does service mortgage and auto loans, as well as personal and business lines of credit. 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


Online lender SoFi is focused on providing a strong customer experience. Borrowers seeking a flexible-use unsecured personal loan may look at options available through SoFi, as the company offers a wide range of loan terms without the origination, late or prepayment fees common for this kind of borrowing.

TD Bank

One of America’s ten largest banks, TD is a recognizable name with over 1,000 locations in the eastern United States. Borrowers who appreciated the Capital One suite of banking products may also find much to appreciate about TD Bank, which, like Capital One, also offers checking and savings accounts and credit cards. Bankrate reviews TD Bank personal loans here.


For borrowers with less-than-perfect credit scores, Avant offers loans for those with a minimum credit score of 580. Whether new to the borrowing scene or working to repair or rebuild credit, borrowers who may not qualify for personal loans elsewhere may clue into this lender as one possible solution.

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 1-800-926-1000, or by mail at Capital One, P.O. Box 71142, Charlotte, North Carolina, 28272-1142.