What credit score do I need for a personal loan?

Most lenders require a minimum of 580–620 for approval. The best advertised rates go to borrowers with 740+. With a 680 score, expect rates 3–5% higher than the headline number above.

How fast can I get a personal loan?

Many lenders fund same-day or next-day after approval. LightStream and SoFi both offer same-day funding for qualified borrowers.

Is it better to use a personal loan or a balance transfer card?

Balance transfer cards offer 0% APR for 12–21 months but require discipline to pay off before the promotional period ends. Personal loans offer predictable fixed payments over a longer term. For larger balances ($15K+) or longer payoff timelines, personal loans are often safer.

Home / Best Rates / Personal Loans

Personal Loans · May 2026

Stop paying 22%+ APR on credit card debt.

The best personal loans start at 5.99% APR — versus 20%+ on most cards. We track 20 lenders daily with no hard credit pull to check.

See top loans Run Money Map

No affiliate biasNo credit pullAll credit types

Personal Loans · May 2026

Stop paying 22%+ APR on credit card debt.

The best personal loans start at 5.99% APR — versus 20%+ on most cards. We track 20 lenders daily with no hard credit pull to check.

See top loans Run Money Map

No affiliate biasNo credit pullAll credit types

Lowest APR

5.99%

Market average

11.48%

Lenders compared

Top 3 — Independently ranked

The three accounts worth your time

Ranked by composite score: rate + trust + ease

#1 · Best overall

PenFed Credit Union

PenFed Credit Union Personal Loan

6.09%APR

Why #1: Top-ranked for rate, trust, and ease of opening.

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#2 · Runner-up

Upstart

Upstart Personal Loan

6.20%APR

Why #2: Strong rate from a trusted institution.

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#3 · Third pick

LendingClub

LendingClub Personal Loan

6.53%APR

Why #3: Solid choice with competitive terms.

Open account →

Advertising disclosure: Some products on this page are from partners who compensate SwitchWize when you click or apply. This does not affect our editorial rankings or recommendations. All rates shown are from official provider sources. Read our full disclosure

20 results

Showing 20 of 20 personal loans

PenFed Credit Union

PenFed Credit Union Personal Loan

6.09%

APR

#1 PickBest for no fees

$600–$50,000680+ min FICONo origination fee

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#1 PickBest for no fees

PenFed Credit Union

PenFed Credit Union Personal Loan

Lowest verified APR from a trusted lender — no hidden fees

$600–$50,000680+ min FICONo origination fee

APR

6.09%

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Full review →

Upstart

Upstart Personal Loan

6.20%

APR

Editor's choiceBest for no fees

$1,000–$75,000680+ min FICONo origination fee

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Editor's choiceBest for no fees

Upstart

Upstart Personal Loan

Simple application

$1,000–$75,000680+ min FICONo origination fee

APR

6.20%

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Full review →

LendingClub

LendingClub Personal Loan

6.53%

APR

Lowest rateBest for no fees

$1,000–$60,000680+ min FICONo origination fee

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Lowest rateBest for no fees

LendingClub

LendingClub Personal Loan

Fast funding

$1,000–$60,000680+ min FICONo origination fee

APR

6.53%

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Full review →

Reach Financial

Reach Financial Personal Loan

5.99%

APR

Easiest to openBest for no fees

680+ min FICONo origination fee

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Easiest to openBest for no fees

Reach Financial

Reach Financial Personal Loan

No minimum, no monthly fee, online in minutes

680+ min FICONo origination fee

APR

5.99%

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Full review →

Achieve

Achieve Personal Loan

6.25%

APR

Quick fundingBest for no fees

$5,000–$50,000680+ min FICONo origination fee

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Quick fundingBest for no fees

Achieve

Achieve Personal Loan

Quick approval

$5,000–$50,000680+ min FICONo origination fee

APR

6.25%

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Full review →

Best Egg

Best Egg Personal Loan

6.99%

APR

Flexible terms

$2,000–$50,000680+ min FICONo origination fee

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Flexible terms

Best Egg

Best Egg Personal Loan

Competitive rate

$2,000–$50,000680+ min FICONo origination fee

APR

6.99%

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Full review →

LightStream

LightStream Personal Loan

7.24%

APR

Competitive APR

$5,000–$100,000680+ min FICONo origination fee

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Competitive APR

LightStream

LightStream Personal Loan

Flexible terms

$5,000–$100,000680+ min FICONo origination fee

APR

7.24%

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Full review →

SoFi

SoFi Personal Loan

7.74%

APR

Solid pick

$5,000–$100,000680+ min FICONo origination fee

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Solid pick

SoFi

SoFi Personal Loan

Established lender

$5,000–$100,000680+ min FICONo origination fee

APR

7.74%

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Discover

Discover Personal Loan

7.99%

APR

Reliable

$2,500–$40,000680+ min FICONo origination fee

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Reliable

Discover

Discover Personal Loan

Competitive APR

$2,500–$40,000680+ min FICONo origination fee

APR

7.99%

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First Tech FCU

First Tech FCU Personal Loan

7.89%

APR

Strong rate

$500–$506–6 moNo origination fee

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Strong rate

First Tech FCU

First Tech FCU Personal Loan

Reliable option

$500–$506–6 moNo origination fee

APR

7.89%

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Full review →

1 / 2

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