Personal Loans Personal Loans Reviews & Prices

Choosing the personal loan service that is right for you depends on a variety of factors, including the status of your credit and whether you want access to a physical branch location for in-person assistance. Our reviews of these personal loan services cover everything you need to know before you apply. Below we've broken down all the most important factors to consider when choosing a personal loans service. If you want to know more, be sure to visit our FAQ section.

Updated 10-17-2017

Personal Loans Comparison Chart

Service Name & RatingMinimum/Maximum Loan AmountAPRTerms AvailableRequired Credit RatingSecured/UnsecuredLocal BranchesBottom Line
Lending Club $1,000 - $40,0005.99% - 35.89%36 - 60 months660+UnsecuredNo Simple application process and low rates make this peer-to-peer service a great choice for those with average or better credit
Prosper $2,000 - $35,0005.99% - 36%36 or 60 months640+UnsecuredNo Great choice for those with good/average credit or better; Low interest rates, personalized application process and a unique rating system
SoFi $5,000 - $100,000With AutoPay: 5.49% - 14.24% APR (fixed); 5.19% - 11.34% APR (variable)

Without AutoPay: 5.74% - 14.49% APR (fixed); 5.44% - 11.59% APR (variable)
36, 60 or 84 monthsN/AUnsecuredNo Personal loans with both fixed and variable rate options allow borrowers flexibility; education and work history considered alongside credit information; excellent customer service; includes unemployment protection
Upstart $1,000* - $50,000 (*$3,000 for GA; $6,000 for OH; $7,000 for MA)9.48% - 29.99%36 or 60 months620+UnsecuredNo Evaluates financial information, work history and academic performance; allows loans for educational purposes; great choice for students/recent grads without much credit or work history; strong customer service
Avant $1,000 - $35,0009.95% - 36%24 - 60 months580+UnsecuredNo Good choice for those with fair to average credit; excellent customer service and reporting to the credit bureaus are a plus
Service Name & RatingMinimum/Maximum Loan AmountAPRTerms AvailableRequired Credit RatingSecured/UnsecuredLocal BranchesBottom Line
FreedomPlus $10,000 - $35,0004.99% - 29.99%24 - 60 months600+UnsecuredNo Competitive rates and long loan terms; works to connect borrowers with the best overall loan option; spotty customer service but a stellar reputation
NetCredit $1,000 - $10,000Varies6 - 60 months (average)VariesUnsecuredNo Credit bureau reporting can help build credit, but limited access and high interest rates may deter some borrowers
OneMain Financial $1,500 - $25,000VariesVariesVariesSecured and unsecuredYes Good choice for those who favor a hands-on approach with a local branch, but lack of information prior to application can be frustrating

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