If you need a personal loan with fair credit, you have options. Just be prepared to pay a higher interest rate. Borrowers with fair credit prequalified for personal loan rates between 28% and 32%, on average, according to Credible personal loans data.
If you have a high income, a low debt-to-income ratio (DTI), or a willing cosigner, you may be able to get a lower rate. But rates aren't the only thing to consider. An equal or even higher APR than what you're currently paying could make sense if you're consolidating credit card debt and can lock in a fixed interest rate and reduce your monthly payment.
Compare personal loan rates for fair credit in July 2024
Advertiser DisclosureOverview
Upstart has one of the lowest available APRs of Credible partner lenders and of all non-partners we reviewed, making it a good choice for well-qualified applicants. However, it's also is one of few lenders that doesn't have a minimum credit score requirement (if you apply on the lender's website), which makes it an option if you have bad credit or no credit history. Upstart may charge an origination fee as high as 12%, but good-credit borrowers may not be charged one at all.
Trustpilot gives Upstart 4.9 stars, which is the highest of all lenders we reviewed.
Time to get funds
As soon as 1 to 3 business days
Loan uses
Pay off credit cards, consolidate debt, relocate, make a large purchase, and other purposes
Read full reviewOverview
Discover Personal Loans offers low APRs, repayment terms up to seven years, no origination fees, nationwide availability, and doesn't require your Social Security number to prequalify on its site. You'll need to have an annual income of at least $40,000, and a FICO score 660 or higher, to be eligible. If your credit score is fair or poor, you'll need to go elsewhere, as Discover doesn't allow cosigners.
Funds are available as soon as the next business day after loan approval.
Eligibility
Available in all 50 states
Time to get funds
Funds can be sent as soon as the next business day after acceptance
Loan uses
Auto repair, credit card refinancing, debt consolidation, home remodel or repair, major purchase, medical expenses, taxes, vacation, and wedding
Read full reviewOverview
Upgrade has a suite of features that make it a very attractive lender: competitive interest rates, discounts for direct pay and autopay, as soon as same-day funding, up to seven-year repayment terms, and nationwide availability. Plus, loans are available to fair-credit borrowers, and you don't need to input your Social Security number to prequalify on the website. Upgrade even offers secured personal loans, which is not common among lenders.
However, Upgrade does charge an origination fee of 1.85% to 9.99%. You must have a FICO score of at least 600 and a minimum income of $25,000 annually to qualify.
Loan amount
$1,000 to $50,000 ($3,005 minimum in GA; $6,600 minimum in MA)
Loan uses
Credit card refinancing, debt consolidation, home improvement, major purchase, other
Read full reviewOverview
LendingClub is a solid lender for good credit borrowers and some fair credit borrowers that apply directly on its website. It's easy to prequalify with LendingClub, especially if you're uncomfortable providing your Social Security number, as the company doesn't require it at the prequalification stage. (You will need to provide it if you move forward with a full application.)
While prequalification is not a guarantee that you'll be approved for a loan, LendingClub does a better job than most other Credible partner lenders at approving applicants that have successfully prequalified. In other words, you're less likely to have your application declined once you apply (if you've already prequalified). LendingClub may charge an origination fee between 3% and 8%.
Eligibility
Available in all 50 states
Loan uses
Debt consolidation, paying off credit cards
Read full reviewOverview
Best Egg is a solid lender for a wide range of borrowers and, notably, scored second for personal loan satisfaction in J.D. Power's Consumer Lending Study. It offers competitive rates, reasonable loan terms and amounts, and personal loans for fair credit. You'll need a FICO score of at least 600 to qualify, but the lower your score, the higher your APR may be. The APR includes the interest rate and origination fees, which range from 0.99% to 9.99% with Best Egg.
Note that if you successfully prequalify with Best Egg, you may be more likely to be approved for the loan relative to other lenders you prequalify with. Based on Credible data, borrowers who chose to apply for a loan with Best Egg were more than twice as likely to be approved (relative to most other Credible partners).
Fees
Origination fee, late fee, unsuccessful payment fee, check processing fee
Eligibility
Available in all states except DC, IA, VT, and WV
Time to get funds
As soon as 1 to 3 business days after successful verification
Loan uses
Credit card refinancing, debt consolidation, home improvement, and other purposes
Read full reviewOverview
Avant personal loans are a good choice for borrowers with bad credit looking for small- to moderate-sized personal loans. Loans are available up to $35,000 and you could get the money as soon as the next business day after approval. Plus, Avant is more likely than some lenders to approve the applications of borrowers who've prequalified with Avant. However, the lender charges an origination fee up to 9.99%, and its top-range interest rates are among the highest of the lenders we reviewed.
Fees
Origination fee, late fee, dishonored payment fee
Eligibility
Available in all states except HI, IA, MA, ME, NY, VT, and WV
Time to get funds
As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
Loan uses
Debt consolidation, emergency expense, life event, home improvement, and other purposes
Read full reviewOverview
Happy Money has been in operation since 2009 (formerly known as Payoff). It's an option for fair-credit borrowers (plus those with better credit), and notably has a relatively low top-end APR. In other words, you could qualify for a lower rate with Happy Money with fair credit, relative to other lenders that offer fair-credit loans. The company does charge an origination fee on some loans, up to 5%, but that's not as high as some other lenders' origination fees.
You should be prepared to wait a few days to get your money, as funding can take three to five days once approved. And loans aren't available in Massachusetts or Nevada. Happy Money has an A+ rating with the BBB and is ideal for debt consolidation and credit card consolidation loans.
Eligibility
Available in all states except MA, MS, NV, and OH
Time to get funds
As soon as 2 - 5 business days after verification
Loan uses
Debt consolidation and credit card consolidation only
Read full reviewOverview
Reach is an option if you have fair credit, especially if you need money fast. According to the company, 90% of Reach personal loans are funded within one day of approval.
It's a good choice for debt consolidation and credit card refinancing, but borrowers with excellent credit may not find the lowest rates with Reach. The company also charges more fees than some of its competitors and doesn't offer direct pay or autopay discounts. If you need a 7-year term loan, you'll need to look elsewhere. Reach personal loans are not available in all states.
Fees
Origination Fee, $15 Late Fee, $25 NSF Fee
Eligibility
Available in all states except CO, CT, ME, NV, NH, TN, VT, WV, WY, and all U.S. Territories
Time to get funds
Funds typically deposited into your account in 1 business day13
Loan uses
Debt consolidation, credit card refinancing
Read full reviewOverview
OneMain Financial has multiple options for bad-credit personal loans. There is no minimum credit score required (if you apply directly with OneMain), which means you could get a loan with bad credit (FICO below 580). Plus, cosigners are allowed — a cosigner is someone (ideally, with good credit) who promises to repay the loan if you can't, which can make it easier to qualify or lower your rate. And, secured personal loans are available. You secure a loan with collateral, which may also help you qualify or lower your rate.
Rates are higher than competitors and OneMain charges origination fees as either a flat fee up to $500, or a percentage from 1% to 10% (depending on your state of residence). Note that even if you prequalify for a personal loan with OneMain, getting approved isn't a given.
Fees
Origination fee, unsuccessful payment fee, late fee
Eligibility
Must have photo I.D. issued by U.S. federal, state or local government
Time to get funds
As soon as 1 to 2 days after acceptance
Loan use
All except business, and education
Read full reviewBest personal loans for fair credit
The best personal loans for fair credit should improve your financial situation and your credit going forward. To find one, prequalify with multiple lenders first (you can do this below). This will give you an idea of what you might qualify for and can help you find the best rate, all without impacting your credit. Also, compare each lender's minimum credit score requirement. Fair credit is a FICO score between 580 and 669 — but not all lenders below consider the entirety of that range.
Note that when you submit a full application, most lenders will run a hard credit check which could ding your score by a few points.
Upgrade: Best for fair credit
Loan Amount
$1000 to $50000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Fair credit borrowers eligible
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Autopay and direct pay discounts
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Can fund in as little as 1 business day
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Mobile app
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Secured loans available
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
High maximum origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Cosigners not accepted on home improvement loans
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Low J.D. Power ranking
Overview
Upgrade has a suite of features that make it a very attractive lender: competitive interest rates, discounts for direct pay and autopay, as soon as same-day funding, up to seven-year repayment terms, and nationwide availability. Plus, loans are available to fair-credit borrowers, and you don't need to input your Social Security number to prequalify on the website. Upgrade even offers secured personal loans, which is not common among lenders.
However, Upgrade does charge an origination fee of 1.85% to 9.99%. You must have a FICO score of at least 600 and a minimum income of $25,000 annually to qualify.
Loan amount
$1,000 to $50,000 ($3,005 minimum in GA; $6,600 minimum in MA)
Loan uses
Credit card refinancing, debt consolidation, home improvement, major purchase, other
Discover: Best for no origination fees (and low rates)
Best for no origination fees (and low rates)
Loan Amount
$2500 to $40000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Low minimum APR
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
May fund the next business day
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Long loan terms available
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Direct pay to creditors
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
No origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts offered
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Secured loans not available
Overview
Discover Personal Loans offers low APRs, repayment terms up to seven years, no origination fees, nationwide availability, and doesn't require your Social Security number to prequalify on its site. You'll need to have an annual income of at least $40,000, and a FICO score 660 or higher, to be eligible. If your credit score is fair or poor, you'll need to go elsewhere, as Discover doesn't allow cosigners.
Funds are available as soon as the next business day after loan approval.
Eligibility
Available in all 50 states
Time to get funds
Funds can be sent as soon as the next business day after acceptance
Loan uses
Auto repair, credit card refinancing, debt consolidation, home remodel or repair, major purchase, medical expenses, taxes, vacation, and wedding
Best Egg: Best for high close rates if pre-approved
Best for high close rates if pre-approved
Loan Amount
$2000 to $50000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Secured loans available
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Low minimum income requirement
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Scored second in J.D. Power's Consumer Lending Satisfaction Study
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Funds in 1-3 business days
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
High close rate on loans through Credible platform
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fees
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Not available in DC, IA, VT, or WV
Overview
Best Egg is a solid lender for a wide range of borrowers and, notably, scored second for personal loan satisfaction in J.D. Power's Consumer Lending Study. It offers competitive rates, reasonable loan terms and amounts, and personal loans for fair credit. You'll need a FICO score of at least 600 to qualify, but the lower your score, the higher your APR may be. The APR includes the interest rate and origination fees, which range from 0.99% to 9.99% with Best Egg.
Note that if you successfully prequalify with Best Egg, you may be more likely to be approved for the loan relative to other lenders you prequalify with. Based on Credible data, borrowers who chose to apply for a loan with Best Egg were more than twice as likely to be approved (relative to most other Credible partners).
Fees
Origination fee, late fee, unsuccessful payment fee, check processing fee
Eligibility
Available in all states except DC, IA, VT, and WV
Time to get funds
As soon as 1 to 3 business days after successful verification
Loan uses
Credit card refinancing, debt consolidation, home improvement, and other purposes
LendingClub: Best online experience
Loan Amount
$1000 to $40000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Mobile app
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Low minimum income requirement
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
High close rate on loans made through Credible
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Available in all states
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Funding not as fast as some competitors
Overview
LendingClub is a solid lender for good credit borrowers and some fair credit borrowers that apply directly on its website. It's easy to prequalify with LendingClub, especially if you're uncomfortable providing your Social Security number, as the company doesn't require it at the prequalification stage. (You will need to provide it if you move forward with a full application.)
While prequalification is not a guarantee that you'll be approved for a loan, LendingClub does a better job than most other Credible partner lenders at approving applicants that have successfully prequalified. In other words, you're less likely to have your application declined once you apply (if you've already prequalified). LendingClub may charge an origination fee between 3% and 8%.
Eligibility
Available in all 50 states
Loan uses
Debt consolidation, paying off credit cards
Avant: Best for all credit types
Best for all credit types
Loan Amount
$2000 to $35000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Borrowers with bad credit considered
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Funds as soon as the next business day
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
2-year loan terms available
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts offered
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Not available in HI, IA, MA, ME, NY, VT, or WV
Overview
Avant personal loans are a good choice for borrowers with bad credit looking for small- to moderate-sized personal loans. Loans are available up to $35,000 and you could get the money as soon as the next business day after approval. Plus, Avant is more likely than some lenders to approve the applications of borrowers who've prequalified with Avant. However, the lender charges an origination fee up to 9.99%, and its top-range interest rates are among the highest of the lenders we reviewed.
Fees
Origination fee, late fee, dishonored payment fee
Eligibility
Available in all states except HI, IA, MA, ME, NY, VT, and WV
Time to get funds
As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
Loan uses
Debt consolidation, emergency expense, life event, home improvement, and other purposes
Happy Money: Best for consolidating credit card debt
Best for consolidating credit card debt
Loan Amount
$5000 to $40000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Mobile app
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Live chat
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Low maximum APR
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Limited loan terms available
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fees
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Not available in MA or NV
Overview
Happy Money has been in operation since 2009 (formerly known as Payoff). It's an option for fair-credit borrowers (plus those with better credit), and notably has a relatively low top-end APR. In other words, you could qualify for a lower rate with Happy Money with fair credit, relative to other lenders that offer fair-credit loans. The company does charge an origination fee on some loans, up to 5%, but that's not as high as some other lenders' origination fees.
You should be prepared to wait a few days to get your money, as funding can take three to five days once approved. And loans aren't available in Massachusetts or Nevada. Happy Money has an A+ rating with the BBB and is ideal for debt consolidation and credit card consolidation loans.
Eligibility
Available in all states except MA, MS, NV, and OH
Time to get funds
As soon as 2 - 5 business days after verification
Loan uses
Debt consolidation and credit card consolidation only
OneMain Financial: Best bad credit personal loans
Best bad credit personal loans
Loan Amount
$1500 to $20000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Flexible eligibility requirements
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Offers secured options
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Competitive bad-credit loans
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Physical presence
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Availability
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fees
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
High starting APR
Overview
OneMain Financial has multiple options for bad-credit personal loans. There is no minimum credit score required (if you apply directly with OneMain), which means you could get a loan with bad credit (FICO below 580). Plus, cosigners are allowed — a cosigner is someone (ideally, with good credit) who promises to repay the loan if you can't, which can make it easier to qualify or lower your rate. And, secured personal loans are available. You secure a loan with collateral, which may also help you qualify or lower your rate.
Rates are higher than competitors and OneMain charges origination fees as either a flat fee up to $500, or a percentage from 1% to 10% (depending on your state of residence). Note that even if you prequalify for a personal loan with OneMain, getting approved isn't a given.
Fees
Origination fee, unsuccessful payment fee, late fee
Eligibility
Must have photo I.D. issued by U.S. federal, state or local government
Time to get funds
As soon as 1 to 2 days after acceptance
Loan use
All except business, and education
Upstart: Best fast personal loans for all credit types
Best fast personal loans for all credit types
Loan Amount
$1000 to $50000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
May fund in 1 business day
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
No minimum credit score requirement on lender site
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Low minimum APR
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Trustpilot score of 4.9/5 stars
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
May charge a high origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
No discounts offered
Overview
Upstart has one of the lowest available APRs of Credible partner lenders and of all non-partners we reviewed, making it a good choice for well-qualified applicants. However, it's also is one of few lenders that doesn't have a minimum credit score requirement (if you apply on the lender's website), which makes it an option if you have bad credit or no credit history. Upstart may charge an origination fee as high as 12%, but good-credit borrowers may not be charged one at all.
Trustpilot gives Upstart 4.9 stars, which is the highest of all lenders we reviewed.
Time to get funds
As soon as 1 to 3 business days
Loan uses
Pay off credit cards, consolidate debt, relocate, make a large purchase, and other purposes
Reach Financial: Best for fast funding and fair credit
Best for fast funding and fair credit
Loan Amount
$3500 to $40000
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Fast funding
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Can improve credit
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRTZGNEVEIi8+CiAgPHBhdGggZD0iTTYuODEzODMgMTEuMjYwNkwxNC4wNDI2IDRMMTUgNC45NzM0TDYuODEzODMgMTMuMTU5NkwzIDkuMzQ1NzRMMy45MjU1MyA4LjM4ODNMNi44MTM4MyAxMS4yNjA2WiIgZmlsbD0iIzMxN0Q3NSIvPgo8L3N2Zz4K)
Fair-credit borrowers may be eligible
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Limited use
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
High starting loan amounts
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Origination fee
![](https://cdn.statically.io/img/www.credible.com/data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHZpZXdCb3g9IjAgMCAxOCAxOCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KICA8cmVjdCB3aWR0aD0iMTgiIGhlaWdodD0iMTgiIHJ4PSI5IiBmaWxsPSIjRkRFN0UzIi8+CiAgPHBhdGggZD0iTTE0IDUuMDAzMzRMMTAuMDAzMyA5TDE0IDEyLjk3OTlMMTIuOTc5OSAxNEw5IDEwLjAwMzNMNS4wMjAwNyAxNEw0IDEyLjk3OTlMNy45OTY2NiA5TDQgNS4wMDMzNEw1LjAyMDA3IDRMOSA3Ljk5NjY2TDEyLjk3OTkgNEwxNCA1LjAwMzM0WiIgZmlsbD0iI0Q0MzUxNiIvPgo8L3N2Zz4K)
Limited availability: Not available in CO, CT, ME, NV, NH, TN, VT, WV, or WY
Overview
Reach is an option if you have fair credit, especially if you need money fast. According to the company, 90% of Reach personal loans are funded within one day of approval.
It's a good choice for debt consolidation and credit card refinancing, but borrowers with excellent credit may not find the lowest rates with Reach. The company also charges more fees than some of its competitors and doesn't offer direct pay or autopay discounts. If you need a 7-year term loan, you'll need to look elsewhere. Reach personal loans are not available in all states.
Fees
Origination Fee, $15 Late Fee, $25 NSF Fee
Eligibility
Available in all states except CO, CT, ME, NV, NH, TN, VT, WV, WY, and all U.S. Territories
Time to get funds
Funds typically deposited into your account in 1 business day13
Loan uses
Debt consolidation, credit card refinancing
Methodology
Credible evaluated the best personal loans for fair credit based on customer experience, interest rates and origination fees, loan amounts, funding times, loan terms, discounts, the availability of secured loans, whether cosigners are accepted, minimum credit score requirements, and more. Credible’s team of experts gathered information from each lender’s website, customer service department, directly from our partners, and via email support. Each data point was verified by a third party to make sure it was accurate and up to date.
Learn more about how Credible rates lenders by exploring our Personal Loans Lender Rating Methodology.
What is fair credit?
Your credit score is a three-digit number that suggests your level of risk to lenders. FICO credit scores range from 300 to 850, with a lower score indicating a higher level of risk. A credit score between 580 and 669 qualifies as a fair score, according to FICO.
FICO score ranges include:
- Poor: less than 580
- Fair: 580-669
- Good: 670-739
- Very Good: 740-799
- Exceptional: 800+
Your credit score can vary depending on which of the three national credit bureaus (Equifax, Experian, or TransUnion) creates the credit report. Lenders and creditors don’t always report credit data to all three national credit bureaus. Instead, they may only report to one or two.
Personal loan interest rates by credit score
Average personal loan interest rates regularly fluctuate, though the range across most traditional lenders runs from around 7% APR to 36% APR. If you have fair credit and are able to raise your credit score into the good range (a FICO score from 670 to 739), you could get an APR around or possibly below 20% for a three-year loan (check out the average rates table below). The difference between securing a personal loan with a good versus fair credit score can result in considerable savings.
For example, if you take out a $15,000 personal loan with a five-year term at 28%, you can expect the following:
- Monthly payments: $467
- Total interest: $13,022
- Total payment: $28,022
Now, if you take time to build your credit to a good score, and you secure a lower rate at 19%, the $15,000 loan over five years will result in:
- Monthly payments: $389
- Total interest: $8,347
- Total payment: $23,347
That’s a difference of $78 in savings each month and $4,675 in overall savings. Use a personal loan calculator to estimate how much you can save on a personal loan if you increase your credit score.
Learn More: APR vs. Interest Rate on a Personal Loan
How to get a personal loan with fair credit
While it is possible to get a personal loan with fair credit, you may have a harder time qualifying, and you’ll likely have to pay a higher interest rate. There are a few things you can do to increase your chances of getting a personal loan with fair credit:
- Know your credit score: You can request a free copy of your credit report and credit score from the three national credit bureaus with AnnualCreditReport.com. Once you know your credit score, start researching lenders that require a minimum credit score below yours.
- Consider a secured loan: If you want a lower APR, consider a secured loan, also known as a collateralized loan. This is a loan that requires you to put up an asset as collateral. Putting up collateral lowers the lender's risk and can often help you get a better rate. If you default on your loan, however, you risk losing your collateral.
- Look for lenders that accept cosigners: Cosigners are often family members or good friends who agree to take responsibility if you do not pay your debt. Having a cosigner can help you qualify for a loan or get a better rate, as having a cosigner with a good credit score reduces the risk to the lender.
- Find lenders with low minimum credit score requirements: Another option is to look for lenders that offer personal loans to borrowers with low credit scores. In this case, you probably won’t find lenders offering the best rates, but you may be more likely to be approved without a cosigner or collateral.
Learn More: How To Get a Personal Loan
How to improve your credit score
Securing a lower interest rate on a personal loan can help you save money. Before applying, consider taking some time to improve your score. This can increase your chance of qualifying for a better rate.
Your FICO score is calculated based on five main categories:
- Payment history (35%): Lenders want to know if you pay your bills on time.
- Amount owed (30%): This is also referred to as credit utilization. If you’re using most of your available credit, it can seem to lenders like you’re overextending yourself.
- Length of credit history (15%): Generally, the longer your credit history, the better.
- New accounts (10%): Opening multiple credit accounts in a short period can reduce your credit score.
- Types of credit used (10%): Lenders like to see a mix of credit cards, installment loans, and retail accounts.
To boost your score, consider the following tips:
- Pay your bills on time: Make sure you pay your bills on time, every time. Consider automating your bill payments to help ensure you never miss a deadline.
- Avoid maxing out your cards: Aim to use less than 30% of your available credit.
- Consolidate your debt: Consolidating high-interest credit card debt with a debt consolidation loan can increase the available credit on your credit cards, which can increase your score in a short period of time.
- Avoid closing old accounts: If you have old accounts that you no longer use, avoid closing them. The longer you have a credit account open, the better it can be for your credit history and credit utilization. But if you’re tempted to spend on the card when you shouldn’t, it may be better to close it.
- Avoid taking on new credit: To prevent your score from falling due to hard inquiries, only take out credit when you really need it.
- Refinancing: If you already have a personal loan, consider refinancing once you’ve improved your credit score to get a better rate.
Learn More: How To Build Credit
Alternatives to fair-credit loans
If you’re struggling to qualify for a fair-credit loan or want to avoid paying high APRs, consider the following alternatives:
- Credit union: A credit union is a not-for-profit financial institution that is owned by its members. If you’re a member of a credit union, or open to becoming one, it is often easier to qualify for a personal loan than with a traditional lender like a bank. While the credit union will still consider your credit score, it also looks at other factors, such as your payment history with the union. In addition, most credit unions cap personal loan interest rates at 18%.
- Credit card: It is possible to qualify for a credit card with a fair credit score. However, you can expect to pay a higher rate than those with a good or excellent score. If you are careful to make your payments on time, this can help build your credit score over time.
- Credit-builder loan: If you need a loan up to $1,000 and can wait for the money, consider a credit-builder loan. With this type of loan, you make a series of payments, usually from 6 months to 2 years, and then receive the money. Your payments are reported to the credit bureaus and can help restore your credit score.
- Peer-to-peer lending: Using a peer-to-peer (P2P) lending platform, individual investors can lend money to other individuals. While it is often easier to access capital through P2P lending, interest rates can be higher than traditional bank loans for borrowers with low credit scores.
FAQ
What loans do I qualify for with fair credit?
If you have a fair credit score with regular income, you may be able to qualify for a personal loan. But you can expect to pay a higher interest rate than someone with a good or excellent credit score. You could also qualify for a payday loan or cash advance via an app or credit card, since none of them check your credit. But payday loans, in particular, can be very expensive and difficult to pay back.
Where can I find loans for fair credit?
Fair-credit loans may be available from credit unions, online lenders, and some banks. You can also find no-credit-check loans in the form of cash advance apps and payday loans, but APRs on these loans can be in the triple digits, depending on how high fees are and how quickly you’re required to repay the money.
What banks offer personal loans for fair credit?
Discover, TD Bank, and CITI all offer loans that you may qualify for with fair credit. However, if you have a cosigner, you may be able to qualify with Achieve, OneMain Financial, BHG Financial, and PenFed. (OneMain and BHG Financial are Credible partners.) Many banks will allow you to check to see if you qualify for a personal loan using a soft credit check. A soft credit check won’t impact your credit score, but your score will be dinged when you formally apply for a loan.
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Meet the expert:
Jessica Martel
Jessica Martel is a professional researcher, freelance writer, and mother of two rambunctious little boys. She specializes in the areas of personal finance, financial literacy, and women and money.