The best in personal loans

Borrowers with low credit scores or insufficient credit history are welcome to apply for Upstart’s personal loans. This, along with its low starting APR, makes it a great choice regardless of your credit score.

Prosper is our top pick for fair credit borrowers for three main reasons: its low credit score requirement, competitive starting rate and co-applicant option. As a fair credit borrower, this combination can increase your approval odds with a favorable rate, reducing your borrowing costs.

PenFed’s personal loans feature affordable rates for those with good credit, no upfront fees, in-person attention and a swift application process. If approved, borrowers can get the funds as soon as the next day.

If your credit is in mint condition a loan with LightStream could reduce your borrowing costs, thanks to its competitive rates, lack of fees, rate-beat program and autopay discount. The lender also offers some of the quickest funding in the industry.

LightStream offers a wide range of loan amounts, making it a great choice for small projects and extensive renovations alike. Its no-fee policy, autopay discount and rate-beat program also make its loans relatively low-cost.

One of the few lenders that offers multiple rate discounts, Achieve can also send loan funds directly to your creditors. This last feature simplifies the debt consolidation process, while its low starting rate and discounts can maximize your savings.

SoFi offers borrowers a simple online application process and customer support is available seven days a week. You can view your rates without affecting your credit, and you may receive the funds as soon as the same day you’re approved.

U.S. Bank allows both customers and noncustomers to apply for its loans, which feature low APR caps, quick funding and 24/7 customer support. This, in addition to its low credit requirement, makes its loans more accessible when compared to those of other national banks.