Comparison: best personal loans for good credit
Compare our picks for the best personal loans for good credit in the table below.
| Company | Customer rating | Loan amount | Term length | Minimum credit score | |
|---|---|---|---|---|---|
 Best Egg | Compare Offers | 4.5 | $5,000 to $50,000 | 3 to 7 years | Typically 640 |
 Upgrade | Compare Offers | 4.5 | $1,000 to $50,000 | 2 to 7 years | Typically 620 |
 LightStream | Get Started | 3.5 | $5,000 to $100,000 | 2 to 20 years | 670 to 700 |
Our top 3 picks for personal loans for good credit
To select our picks for the best personal loans for good credit, we considered some of the factors that affect borrowers the most, such as annual percentage rates (APRs), loan amounts, repayment terms and loan fees.
Our picks may be Authorized Partners that compensate us. This doesn’t affect our recommendations or evaluations, but it may affect the order in which the companies appear.
Our picks for the best personal loans for good credit come from:
- Loan amounts
- $5,000 to $50,000
- APR
- 6.99% to 35.99%
- Term lengths
- 3 to 7 years
- Origination fee
- 0.99% to 9.99%
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.
LightStream disclosures
Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $10,000 loan at 8.99% APR with a term of 5 years would result in 60 monthly payments of $207.54. Truist Bank is an Equal Housing Lender. © 2023 Truist Financial Corporation. Truist, LightStream, and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
Upgrade disclosures
Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. To be offered the lowest rates, you may be required to have some of your funds sent directly to pay off existing debt(s). This rate shown includes an Autopay APR reduction of 0.5%. Autopay enrollment is optional and by enrolling, your payments will be automatically deducted from your bank account. The APR includes the yearly interest rate and a loan origination fee, which is deducted from the loan proceeds. Late payments and other fees may increase the cost of your fixed rate loan. Please refer to Upgrade's Terms of Use and Borrower Agreement for terms, conditions and requirements. Upgrade is a financial technology company, not a bank. Personal loans are issued by Upgrade's bank partners: https://www.upgrade.com/bank-partners/. † After acceptance, your funds will be sent within one (1) business day of clearing necessary verifications. Funds availability is dependent upon your bank’s transaction processing time and may take up to 2 weeks if sent directly to third party creditors.
- Loan amounts
- $1,000 to $50,000
- APR
- 7.74% to 35.99%
- Term lengths
- 2 to 7 years
- Origination fee
- 1.85% to 9.99%
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.
LightStream disclosures
Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $10,000 loan at 8.99% APR with a term of 5 years would result in 60 monthly payments of $207.54. Truist Bank is an Equal Housing Lender. © 2023 Truist Financial Corporation. Truist, LightStream, and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
Upgrade disclosures
Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. To be offered the lowest rates, you may be required to have some of your funds sent directly to pay off existing debt(s). This rate shown includes an Autopay APR reduction of 0.5%. Autopay enrollment is optional and by enrolling, your payments will be automatically deducted from your bank account. The APR includes the yearly interest rate and a loan origination fee, which is deducted from the loan proceeds. Late payments and other fees may increase the cost of your fixed rate loan. Please refer to Upgrade's Terms of Use and Borrower Agreement for terms, conditions and requirements. Upgrade is a financial technology company, not a bank. Personal loans are issued by Upgrade's bank partners: https://www.upgrade.com/bank-partners/. † After acceptance, your funds will be sent within one (1) business day of clearing necessary verifications. Funds availability is dependent upon your bank’s transaction processing time and may take up to 2 weeks if sent directly to third party creditors.
- Loan amounts
- $5,000 to $100,000
- APR
- 6.49% to 25.39%
- Term lengths
- 2 to 20 years
- Origination fee
- None
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.
LightStream disclosures
Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $10,000 loan at 8.99% APR with a term of 5 years would result in 60 monthly payments of $207.54. Truist Bank is an Equal Housing Lender. © 2023 Truist Financial Corporation. Truist, LightStream, and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
Upgrade disclosures
Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. To be offered the lowest rates, you may be required to have some of your funds sent directly to pay off existing debt(s). This rate shown includes an Autopay APR reduction of 0.5%. Autopay enrollment is optional and by enrolling, your payments will be automatically deducted from your bank account. The APR includes the yearly interest rate and a loan origination fee, which is deducted from the loan proceeds. Late payments and other fees may increase the cost of your fixed rate loan. Please refer to Upgrade's Terms of Use and Borrower Agreement for terms, conditions and requirements. Upgrade is a financial technology company, not a bank. Personal loans are issued by Upgrade's bank partners: https://www.upgrade.com/bank-partners/. † After acceptance, your funds will be sent within one (1) business day of clearing necessary verifications. Funds availability is dependent upon your bank’s transaction processing time and may take up to 2 weeks if sent directly to third party creditors.
Tips for qualifying for the best personal loan rates
Here are some tips to help you qualify for the best personal loan rates:
Check your report for errors
It’s a good idea to first check your credit report for any errors. You can get free copies of your credit reports from AnnualCreditReport.com.
My number one tip for qualifying for a personal loan is to be familiar with your credit report in advance and take proper steps to clean up any issues.”
“My number one tip for qualifying for a personal loan is to be familiar with your credit report in advance and take proper steps to clean up any issues,” said Phil Orwig, a certified financial planner (CFP) and owner of Fair Asset Management, a financial advisor. “This could mean cleaning up clerical issues like name misspellings or something more involved.”
Improve your credit score
While you’ll qualify for most personal loans with a good credit score, you’ll typically need very good to excellent credit (a FICO score of 740 to 850) for the best personal loan rates. If you're not there yet, making an effort to improve your score can help you get a better rate, saving you money over the life of a loan.
“If you want to boost or protect your score, focus on paying bills on time and keeping your credit card balances low,” said Joseph Camberato, founder and CEO of National Business Capital.
Payment history and credit utilization are two of the biggest factors of your credit score. If you can pay all of your bills on time and maintain a credit utilization ratio below 30%, you’ll be able to improve your credit score over time.
Pay off debt
Do your best to pay off debt so you can improve your debt-to-income (DTI) before you apply for a loan. Your DTI ratio shows lenders how much of your income goes to debt each month. People with a lower DTI ratio will generally be eligible for the best personal loan rates.
“[P]aying down existing debt [will] improve your debt-to-income ratio,” Orwig said. “The cleaner your credit report appears to a potential lender, the better terms for a loan you’re going to get.”
Sign up for autopay
Some lenders offer a discounted rate if you sign up for autopay. For example, LightStream offers its best rates to people with excellent credit who also set up autopayments. Just make sure your connected account can support automatic withdrawals to avoid overdraft fees.
Consider a co-borrower or co-signer
If you aren’t able to qualify for the lowest rate on your own, consider using a co-borrower or co-signer. This person is often a family member or close friend with excellent credit who either shares responsibility for the loan or repays the loan if you default. If you miss payments, their credit is damaged too, so it’s important to repay the loan as agreed.
How to choose a personal loan
Before applying for a loan, there are a few key factors to consider when comparing personal loan lenders to make sure you get the best loan for you:
- APRs: The best personal loan rates typically start at around 7% to 9% APR, though every lender offers a different minimum and maximum APR.
- Fees: There are some fees that commonly apply to personal loans, such as origination fees. Other fees that may apply include late fees, processing fees and prepayment penalties if you pay off your loan early.
- Loan amount: Personal loans typically range from $1,000 to $100,000, but every lender has different minimum and maximum loan amounts.
- Term lengths: Personal loan terms typically range from one to seven years, though some lenders may offer up to 10 or 20 years, depending on the type of loan.
- Funding timeline: Most of the best personal loan lenders offer funding within one to two business days, though some lenders may take up to a week or more.
» MORE: How long it takes to get approved for a personal loan
FAQ
What is a good rate for a personal loan?
A good rate for a personal loan is typically a rate that’s below the current average rate. The current average rate for a 24-month personal loan is 11.65% as of the fourth quarter of 2025, according to the Federal Reserve. All of our top picks offer starting APRs below the current average rate.
Can I get a $50,000 loan with a 700 credit score?
You may be able to get a $50,000 personal loan with a 700 credit score if you have sufficient income, stable employment and a reasonable DTI ratio. All of our top picks offer maximum loan amounts ranging from $50,000 to $100,000.
Is it better to get a personal loan from a bank or an online lender?
Whether it’s better to get a personal loan from a bank or an online lender generally depends on a few factors. You should first consider whether you’re comfortable with applying and managing your loan online or if you want to handle anything in person at a bank branch. If you’re looking for the best rate, online lenders or credit unions typically offer lower APRs than banks. You may also pay fewer fees with an online lender since they don’t have the same overhead costs as banks.
Generally, it’s best to compare personal loan options from banks, online lenders and credit unions to see which one might offer you the best rate and terms.
What documents are needed to apply for a personal loan?
Applying for a personal loan requires several documents, such as a government-issued ID, proof of income and employment, and bank account information. Before applying, ask your lender what documents are required so you can gather them in advance.
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." Accessed Feb. 10, 2026.
