An online loan is a personal loan where the entire loan process — from pre-qualification to signing — happens online, on a computer, tablet or mobile phone. The primary benefit of online loans is fast funding: approval may be instant, and qualified borrowers may receive loan funds the same...
MoneyGeek identified the best online lenders for personal loans. Learn about their pros and cons and how to compare options when shopping around for lenders.
Loan amounts $2,000 to $35,000 Terms 24 to 60 months Credit needed Poor/Fair Origination fee Administration fee up to 9.99% Early payoff penalty None Late fee Up to $25 per late payment after 10-day grace period Click hereto see if you prequalify for a personal loan offer. Terms appl...
How to Get a Loan Online Are Online Loans Safe? Other Options FAQs Methodology How to Compare Loans Online Look at these factors to choose the right online loan for your financial situation: APR range. Whenever you can, prequalify to check your odds of approval and to receive an estimated...
and the ability to apply online with online lenders, personal loans are a convenient and accessible option for many consumers. However, borrowers should carefully consider their financial situation and the loan terms before applying for a personal loan to ensure they can afford the payments and full...
Loan amount $5k- $40K Min credit score 640 See offers Hover to learn more about our Bankrate scores.Verified lender See details SoFi: Bankrate 2025 Award Winner For Best Online Lender 4.7 Bankrate Review Hover to learn more about our Bankrate scores. Est. APR Hover to learn more. 8.99- ...
Loan Amount: $2,000 to $50,000 APR: 4.60% - 35.99% Loan Term: 12 to 84 months Explore all your options at once and find the best offers for you. You can get your funds in as little as 1 day from approval. Loan consultants available to help you understand your options. ...
Prequalify to estimate rate without affecting your credit score Submit online application in minutes No application fees, origination fees, and/or prepayment penalty Flexible repayment terms to fit your needs and goals Student Loan Advisor to guide you through the application process ...
SoFi is one of the more favorable online personal loan lenders today, thanks to: Competitive APR starting at 8.99% Flexible loan terms between Money-saving features like discount programs No late fees You can pre-qualify for a loan without a hard credit check. You can also apply with a co...
Peer-to-peer loans are funded by individual and institutional investors. We compared and reviewed the best peer-to-peer lenders based on loan rates, fees, required credit score, and more to help you find the right loan.