Fixed rates. No origination fees. Decisions in minutes. Find the personal loan that fits your life.
| Feature | Our Marketplace | Typical Bank Loan |
|---|---|---|
| Loan Amount | $200 – $35,000 | $1,000 – $50,000+ |
| Rate Type | Fixed APR | Fixed or Variable |
| Origination Fee | $0 (many lenders) | 1–8% of loan |
| Application Time | ~5 minutes online | 30–60 minutes |
| Credit Check (rate) | Soft pull only | Hard pull required |
| Funding Speed | 1–2 business days | 3–7 business days |
| Prepayment Penalty | None | May apply |
Estimate your monthly payment before you apply. Actual offers include your real APR based on your credit profile.
ⓘ Your actual APR is set by lenders based on your credit score, income, and term. Borrowers with good credit (680+) often qualify for 10–18% APR.
Your Estimate
* Estimate only. Your actual rate and payment are determined by the lender. Checking your rate won’t affect your credit score.
Get My Real Rate →Personal loans are versatile — use yours for nearly any personal expense.
Cover unexpected medical bills or procedures not fully covered by insurance without draining savings.
Fix the roof, replace HVAC, or renovate without needing home equity. No contractor required.
Repair or purchase a vehicle without a formal auto loan when other options aren’t available.
Consolidate high-interest balances into one fixed monthly payment at a lower rate.
Cover tuition or professional certifications not funded by federal student aid.
Fund a wedding, adoption, or major move with a predictable payment plan.
Understanding what influences your APR can help you get the best possible offer and know what to expect before you apply.
Your FICO score is the biggest single factor. Scores of 720+ typically qualify for the lowest rates (6–14% APR), while 580–620 may see 24–36% APR.
Your DTI — monthly debt payments divided by gross monthly income. Below 36% generally qualifies for better rates. Above 50% may limit your options.
Shorter terms usually mean lower interest rates but higher monthly payments. Longer terms lower monthly payments but increase total interest paid over time.
Mid-range amounts ($5,000–$25,000) often receive the most competitive rates. Very small and very large loans sometimes carry higher APRs due to origination economics.
Stable employment and higher income reduce lender risk and typically improve your offer. Self-employment income counts with appropriate documentation.
A fixed-rate personal loan gives you a set amount upfront, repaid in equal monthly installments over a defined term — typically 12 to 84 months. Because the rate is fixed, your payment never changes. You borrow exactly what you need, know exactly what you’ll pay each month, and have a clear payoff date from day one.
Unlike credit cards, there’s no revolving balance. Compare personal loans vs. credit cards →
Example: A $5,000 loan at 12% APR over 36 months = ~$166/month. Total interest ~$976. Vs. putting $5,000 on a 22% APR credit card with minimum payments — you’d pay far more over far longer.