Our top picks for the best personal loans for excellent credit come from Best Egg, Achieve, Navy Federal Credit Union and Discover.
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Jump to insightOur picks for best personal loans for excellent credit
To make our choices for the best personal loans for excellent credit, we collected 806 data points, including 26 individual data points for 31 lenders. We also considered customer reviews and overall ratings from ConsumerAffairs reviewers. We used these data points to evaluate factors that have the most impact on borrowers, including annual percentage rates (APRs), how long funding takes, loan amounts and repayment terms, to help us make our final selections.
Our picks may be Authorized Partners who compensate us. This doesn’t affect our recommendations or evaluations, but it may affect the order in which the companies appear.
- Loan amounts
- $2,000 to $50,000
- Term lengths
- 3 to 5 years
- Minimum credit score
- 640
Partner Disclosures
Best Egg disclosures
Best Egg products are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia, or U.S. Territories. Eligibility is not guaranteed. The term, amount and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors. If offered, your loan agreement will contain specific terms and conditions. Your application is complete when you submit it to Best Egg. Your acceptance of an offer may impact your credit score. The timing of available funds upon loan approval may vary depending upon your bank’s policies. After successful verification, your money can be deposited in your bank account within 1-3 business days. Loan amounts range from $5,000–$50,000. Residents of Massachusetts have a minimum loan amount of $6,500; Ohio, $5,001; and Georgia, $3,001. Only two active Best Egg loans are available at one time and your total existing Best Egg loan balances cannot exceed $100,000. Annual Percentage Rates (APRs) range from 6.99%–35.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–9.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4 years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. Eligibility for the best available rate subject to creditworthiness. For example: a 5-year $10,000 loan with a 9.99% APR has 60 scheduled monthly payments of $201.81; a 3-year $5,000 loan with 6.99% APR has 36 scheduled monthly payments of $152.83. Best Egg loans can be prepaid at any time without penalty. Barring any unforeseen circumstances, Best Egg loans have a minimum term of 36 months and a maximum term of 60 months. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Best Egg loans are personal loans made by Cross River Bank, a New Jersey Chartered Bank, operating from its Wilmington, Delaware, branch location, Member FDIC, Equal Housing Lender, or Column N.A., Member FDIC, Equal Housing Lender. © 2026 Marlette Marketing, LLC. All rights reserved.
Achieve Personal Loans disclosures
Personal loans available through Achieve.com (NMLS #138464) or Achieve Personal Loans (NMLS ID #227977) are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, or Pathward®, N.A., Equal Housing Lenders. Loan applications are subject to credit review, underwriting criteria and approval. Loans are not available in all states and available loan terms/fees may vary by state. Loan amounts range from $5,000 to $50,000. APRs range from 8.99 to 35.99% and include applicable origination fees that vary from 1.99% to 6.99%. The origination fee is deducted from the loan proceeds. Repayment periods range from 24 to 60 months. Example loan: four-year $20,000 loan with an origination fee of 6.99%, a rate of 15.49%, and corresponding APR of 19.54%, would have an estimated monthly payment of $561.60 and a total cost of $26,956.80. To qualify for a 8.99% APR loan, a borrower will need excellent credit, a loan amount less than $12,000.00, and a term of 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to pay off qualifying existing debt directly; or showing proof of sufficient retirement savings, could also help you qualify for lower rates. Funding time periods are estimates and can vary for each loan request. Same day decisions assume a completed application with all required supporting documentation submitted early enough on a day that our offices are open. Achieve Personal Loans loan consultants' hours are Monday-Friday 6am-8pm AZ time, and Saturday-Sunday 7am-4pm AZ time.
- Loan amounts
- $5,000 to $50,000
- Term lengths
- 2 to 5 years
- Minimum credit score
- 640
Partner Disclosures
Best Egg disclosures
Best Egg products are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia, or U.S. Territories. Eligibility is not guaranteed. The term, amount and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors. If offered, your loan agreement will contain specific terms and conditions. Your application is complete when you submit it to Best Egg. Your acceptance of an offer may impact your credit score. The timing of available funds upon loan approval may vary depending upon your bank’s policies. After successful verification, your money can be deposited in your bank account within 1-3 business days. Loan amounts range from $5,000–$50,000. Residents of Massachusetts have a minimum loan amount of $6,500; Ohio, $5,001; and Georgia, $3,001. Only two active Best Egg loans are available at one time and your total existing Best Egg loan balances cannot exceed $100,000. Annual Percentage Rates (APRs) range from 6.99%–35.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–9.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4 years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. Eligibility for the best available rate subject to creditworthiness. For example: a 5-year $10,000 loan with a 9.99% APR has 60 scheduled monthly payments of $201.81; a 3-year $5,000 loan with 6.99% APR has 36 scheduled monthly payments of $152.83. Best Egg loans can be prepaid at any time without penalty. Barring any unforeseen circumstances, Best Egg loans have a minimum term of 36 months and a maximum term of 60 months. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Best Egg loans are personal loans made by Cross River Bank, a New Jersey Chartered Bank, operating from its Wilmington, Delaware, branch location, Member FDIC, Equal Housing Lender, or Column N.A., Member FDIC, Equal Housing Lender. © 2026 Marlette Marketing, LLC. All rights reserved.
Achieve Personal Loans disclosures
Personal loans available through Achieve.com (NMLS #138464) or Achieve Personal Loans (NMLS ID #227977) are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, or Pathward®, N.A., Equal Housing Lenders. Loan applications are subject to credit review, underwriting criteria and approval. Loans are not available in all states and available loan terms/fees may vary by state. Loan amounts range from $5,000 to $50,000. APRs range from 8.99 to 35.99% and include applicable origination fees that vary from 1.99% to 6.99%. The origination fee is deducted from the loan proceeds. Repayment periods range from 24 to 60 months. Example loan: four-year $20,000 loan with an origination fee of 6.99%, a rate of 15.49%, and corresponding APR of 19.54%, would have an estimated monthly payment of $561.60 and a total cost of $26,956.80. To qualify for a 8.99% APR loan, a borrower will need excellent credit, a loan amount less than $12,000.00, and a term of 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to pay off qualifying existing debt directly; or showing proof of sufficient retirement savings, could also help you qualify for lower rates. Funding time periods are estimates and can vary for each loan request. Same day decisions assume a completed application with all required supporting documentation submitted early enough on a day that our offices are open. Achieve Personal Loans loan consultants' hours are Monday-Friday 6am-8pm AZ time, and Saturday-Sunday 7am-4pm AZ time.
- Loan amounts
- $250 to $50,000
- Term lengths
- Up to 15 years
- Minimum credit score
- Not specified
- Loan amounts
- $2,500 to $40,000
- Term lengths
- 3 to 7 years
- Minimum credit score
- 660
How to get a loan for excellent credit
The process for getting a personal loan varies slightly with each lender, though the basics are very similar.
1. Check your credit
Before you get started, check your credit score to ensure that it's in the excellent range (a FICO score of 800 to 850) for the best loan terms. You can check your credit score for free through an online bank account.
2. Research and compare offers
Research and compare different personal loan lenders to determine which one best suits your needs. Compare lenders based on their APRs, fees, terms and loan amounts to find the best offer for you, and get prequalified so you know which terms you might be offered if you apply.
3. Apply for a loan
Once you choose a lender, you can typically apply online. When you apply, you’ll need to provide basic personal and financial information, such as:
- Your name, address and contact information
- Social Security number and date of birth
- Employment and income information
In many cases, lenders provide same-day approval decisions, and you can typically receive funding in one to three business days, though it can sometimes take up to a week.
FAQ
Will getting a personal loan hurt my credit score?
When you get a personal loan, your credit score drops slightly because the lender will do a hard credit check. However, your credit score can increase over time as you make on-time payments. A personal loan can also increase your credit mix, which can have a positive effect on your score.
» MORE: What affects your credit score?
What is the average personal loan rate for excellent credit?
The average personal loan rate for a 24-month loan is 11.65% as of the fourth quarter of 2025, according to the Federal Reserve. However, the best personal loan lenders typically offer starting APRs ranging from 6% to 9%, which you should be able to qualify for if you have excellent credit.
Can I pay off a personal loan early?
You can pay off a personal loan early. Just make sure you won’t be charged a prepayment penalty before paying it off ahead of schedule.
Bottom line
If you have excellent credit and need to borrow money, you can generally qualify for the best interest rates and terms. However, you should still compare lenders and offers to find one with the most favorable terms to keep your borrowing costs low.
Article sources
ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:
- Federal Reserve, “Consumer Credit - G.19, Terms of Credit at Commercial Banks and Finance Companies.” Accessed Feb. 11, 2026.
