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Personal Loans Online
Our lowest-rate loan: $1,000 to $5,000 over 6 to 36 months at a fixed APR from 17.99%, for almost any personal purpose. Checking your rate will not affect your FICO® score.
Our personal loans are the lowest-cost product on this site: $1,000 to $5,000 over 6 to 36 months at APRs from 17.99% to 35.99%. They are unsecured, the rate is fixed for the life of the loan, and the money can be used for almost any personal purpose without explaining yourself.
| Key loan information | Details |
|---|---|
| Loan amount | $1,000 – $5,000 |
| Term | 6 – 36 months, fixed monthly payments |
| APR | 17.99% – 35.99% |
| Origination fee | Up to 5%, disclosed in your offer |
| Prepayment penalty | None |
| Collateral | None |
| Credit check | Soft inquiry to check your rate; hard inquiry only if you accept |
| Credit reporting | Payments reported to one or more major bureaus |
| Funding | 1 – 2 business days |
What rate you can expect
Personal loans are priced for borrowers with fair credit and above. The APR you are offered depends on your state's rate cap first, then on your credit history, income stability and existing monthly obligations.
| Credit profile | Typical APR band | Payment on $3,000 over 24 months |
|---|---|---|
| Good (670+) | 17.99%–23.99% | $149.76–$158.60 |
| Fair (580–669) | 24.99%–31.99% | $160.10–$170.83 |
| Below 580 | Consider an installment loan | — |
Bands are illustrative, not an offer. The personal loan calculator will price any combination you enter.
What people borrow for
The most common single use is consolidating higher-rate balances, where the saving is easy to calculate. After that: home repairs, moving costs, medical and dental work, a used vehicle repair, and family events. The loan is not tied to a purchase, so nothing needs to be approved or invoiced.
Personal loan or installment loan?
Same structure, different pricing tier. If your credit is fair or better, take the personal loan: on $3,000 over 24 months at 29.99% you repay about $4,025 in total, against roughly $6,982 at 99% on an installment loan. If your score is below 580, or your file is thin, the installment loan is the product that will actually be approved.
Eligibility
- 18 or older and resident in a state where we lend
- At least $1,000 a month in verifiable income after tax
- An active checking account in your name, open at least 30 days
- Government-issued ID and a Social Security number or ITIN
- Fair credit or better is recommended for this product
Related loans
Installment loans for lower credit scores, debt consolidation loans for combining balances, and emergency loans when speed matters more than rate.
Frequently asked questions
What can I use a personal loan for?
Almost any personal purpose: debt consolidation, home repairs, medical bills, moving costs, a family event. You do not have to tell us the reason. The exceptions are gambling, tuition, securities or cryptocurrency, anything illegal, and repaying another loan with us.
What credit score do I need for a personal loan?
Fair credit, roughly 580 and above, is recommended for this product. Below that, an installment loan is usually the product that will be approved. There is no single hard cut-off because income and affordability also count.
Will checking my personal loan rate hurt my credit?
No. Checking your rate uses a soft inquiry that does not affect your FICO score. A hard inquiry occurs only if you accept an offer, and we tell you before that happens.
How long does a personal loan take to fund?
Most applicants get a decision within minutes and funds arrive within one to two business days after you e-sign.
Is there a fee to apply?
No. Checking your rate is free and nothing is owed until you e-sign. If an origination fee applies it is disclosed in your offer and deducted from the amount funded.
Borrow $200 to $5,000 for any purpose
Apply in about five minutes and get a decision in minutes. Checking your rate won't affect your FICO® score.