Ten personal loan lenders compared on the terms each one publishes: APR range, loan amounts, terms, origination fee and how fast funds arrive. The APR you are offered depends on your credit, so treat the low end of each range as the best case.
Key takeaways
- Upstart Personal Loan has the lowest starting APR, 6.30%. The rate you are offered depends on your credit and can be much higher than the starting rate.
- Compare the APR, not just the interest rate: the APR includes fees such as origination.
- Wells Fargo Personal Loan ranks first in our scoring (5.0 out of 5). The score uses published terms only; payment plays no part.
Our top picks
from 6.74%APR
Borrowers who want a large loan with no origination fee
6.30% to 35.99%APR
Borrowers who want funds quickly and no prepayment penalty
6.99% to 35.49%APR
Borrowers who want large loan amounts, fast funding and no fees
Compare all 10 personal loans
| # | Loan | APR | Loan amount | Term | Origination fee | Our rating | Link |
|---|---|---|---|---|---|---|---|
| 1 |  Wells Fargo Personal LoanWells Fargo | from 6.74% | $3,000 to $100,000 | 12 to 84 months | none | 5.0 / 5 | Check rate |
| 2 | SoFi Personal LoanSoFi | 6.99% to 35.49% | $5,000 to $100,000 | 24 to 84 months | none | 4.9 / 5 | Check rate |
| 3 |  Discover Personal LoanDiscover | 6.99% to 24.99% | $2,500 to $40,000 | 36 to 84 months | none | 4.6 / 5 | Check rate |
| 4 | Upstart Personal LoanUpstart | 6.30% to 35.99% | $1,000 to $75,000 | 36 to 60 months | — | 4.5 / 5 | Check rate |
| 5 |  Citi Personal LoanCiti | from 10.24% | $2,000 to $30,000 | — | none | 4.2 / 5 | Check rate |
| 6 |  OneMain Financial Personal LoanOneMain Financial | 11.99% to 35.99% | $1,500 to $35,000 | 24 to 60 months | — | 4.1 / 5 | Check rate |
| 7 |  Upgrade Personal LoanUpgrade | 7.74% to 35.99% | $1,000 to $50,000 | 24 to 84 months | up to 9.99% | 3.6 / 5 | Check rate |
| 8 |  Prosper Personal LoanProsper | 8.99% to 35.99% | $2,000 to $50,000 | 24 to 72 months | up to 9.99% | 3.5 / 5 | Check rate |
| 9 |  Best Egg Personal LoanBest Egg | 6.99% to 35.99% | $2,000 to $50,000 | 36 to 60 months | up to 9.99% | 3.4 / 5 | Check rate |
| 10 |  Avant Personal LoanAvant | 9.95% to 35.99% | $2,000 to $35,000 | 24 to 60 months | up to 9.99% | 3.2 / 5 | Check rate |
Details on each loan
Wells Fargo Personal Loan
Wells Fargo ·
- APR
- from 6.74%
- Loan amount
- $3,000 to $100,000
- Term
- 12 to 84 months
- Origination fee
- none
Borrowers who want a large loan with no origination fee
- No origination fee, no closing fee and no prepayment penalty
- Rate discounts with autopay from qualifying Wells Fargo accounts
- Most customers receive their funds the same day they are approved
- The advertised low rate assumes an excellent credit history
SoFi Personal Loan
SoFi ·
- APR
- 6.99% to 35.49%
- Loan amount
- $5,000 to $100,000
- Term
- 24 to 84 months
- Origination fee
- none
Borrowers who want large loan amounts, fast funding and no fees
- No origination, prepayment or late fees
- Funds as soon as the same day the loan is approved
- Loan amounts from $5,000 to $100,000
- The lowest advertised rates include autopay and member rate discounts
Discover Personal Loan
Discover ·
- APR
- 6.99% to 24.99%
- Loan amount
- $2,500 to $40,000
- Term
- 36 to 84 months
- Origination fee
- none
Borrowers who want a loan with no fees of any kind
- No fees of any kind, including no origination fee
- Fixed rate, with APRs from 6.99% to 24.99%
- Funds are sent as early as the next business day
- Loan amounts top out at $40,000
Upstart Personal Loan
Upstart ·
- APR
- 6.30% to 35.99%
- Loan amount
- $1,000 to $75,000
- Term
- 36 to 60 months
Borrowers who want funds quickly and no prepayment penalty
- No prepayment penalty
- Cash can be sent in as fast as 24 hours
- Loan amounts from $1,000 to $75,000
- Only 3-year and 5-year terms
- An origination fee applies
Citi Personal Loan
Citi ·
- APR
- from 10.24%
- Loan amount
- $2,000 to $30,000
- Origination fee
- none
Borrowers who want a loan with no origination fee from a large bank
- No origination fees and no fees whatsoever, according to Citi
- Terms up to 60 months
- The lowest advertised rate includes a 0.25% discount
OneMain Financial Personal Loan
OneMain Financial ·
- APR
- 11.99% to 35.99%
- Loan amount
- $1,500 to $35,000
- Term
- 24 to 60 months
Borrowers who want money fast or prefer applying by phone or in a branch
- Money as soon as one hour after signing
- Secured and unsecured offers
- Apply online, by phone or in a branch
- APRs start at 11.99%
Upgrade Personal Loan
Upgrade ·
- APR
- 7.74% to 35.99%
- Loan amount
- $1,000 to $50,000
- Term
- 24 to 84 months
- Origination fee
- up to 9.99%
Borrowers who want to apply with someone else or secure the loan to improve their rate
- Joint applications, and loans secured with a car or home fixtures, are available
- No prepayment fees
- The origination fee, 1.85% to 9.99%, is taken from the loan proceeds
Prosper Personal Loan
Prosper ·
- APR
- 8.99% to 35.99%
- Loan amount
- $2,000 to $50,000
- Term
- 24 to 72 months
- Origination fee
- up to 9.99%
Borrowers who want a fixed rate and no prepayment penalty
- Never a prepayment penalty
- Funds as soon as 1 business day
- The origination fee, 1% to 9.99%, reduces the amount you receive
Best Egg Personal Loan
Best Egg ·
- APR
- 6.99% to 35.99%
- Loan amount
- $2,000 to $50,000
- Term
- 36 to 60 months
- Origination fee
- up to 9.99%
Borrowers who want a fixed rate and can pay the origination fee
- Fixed rates from 6.99% to 35.99% APR
- Can be paid off early without penalty
- The origination fee is 0.99% to 9.99%, and at least 4.99% on terms of 4 years or longer
Avant Personal Loan
Avant ·
- APR
- 9.95% to 35.99%
- Loan amount
- $2,000 to $35,000
- Term
- 24 to 60 months
- Origination fee
- up to 9.99%
Borrowers who want a quick decision and a fixed monthly payment
- Fixed interest rate and one monthly payment
- Funds as soon as the next business day if approved
- Administration fee of up to 9.99%
- Shorter terms: 24 to 60 months
How we picked
Each loan gets a 0 to 100 score built from the terms its provider publishes, divided by 20 for the rating out of 5. The weights are fixed and public:
- We read every term from the provider’s own page and show the date. Terms older than 30 days are hidden until re-checked.
- Payment never enters the score. Links go straight to the provider and we have no commercial agreement with them.
- Missing information is never guessed. A product without enough published data is not ranked.
- Providers that block automated reading, or whose terms we could not verify, are not on the list.
Read the full method and our editorial policy.
How personal loans work
A personal loan pays you a lump sum that you repay in equal monthly payments over a fixed term, usually two to seven years. Most are unsecured, meaning no collateral, so the lender prices the loan on your credit and income. The rate you see in an advertisement is usually the lowest rate for the best borrowers: your own rate can be much higher.
What a $10,000 loan costs
Monthly payment and total interest on $10,000 over 36 months at each lender’s lowest advertised APR, and the payment at its highest APR. Only lenders whose published amount and term ranges include $10,000 and 36 months are shown.
| Lender | Lowest APR | Monthly payment | Total interest | Payment at highest APR |
|---|---|---|---|---|
| Wells Fargo Personal Loan | 6.74% | $307.58 | $1,073 | — |
| SoFi Personal Loan | 6.99% | $308.73 | $1,114 | 35.49%: $455.14 |
| Discover Personal Loan | 6.99% | $308.73 | $1,114 | 24.99%: $397.55 |
| Upstart Personal Loan | 6.30% | $305.58 | $1,001 | 35.99%: $457.98 |
| Citi Personal Loan | 10.24% | $323.80 | $1,657 | — |
| OneMain Financial Personal Loan | 11.99% | $332.10 | $1,955 | 35.99%: $457.98 |
| Upgrade Personal Loan | 7.74% | $312.17 | $1,238 | 35.99%: $457.98 |
| Prosper Personal Loan | 8.99% | $317.95 | $1,446 | 35.99%: $457.98 |
| Best Egg Personal Loan | 6.99% | $308.73 | $1,114 | 35.99%: $457.98 |
| Avant Personal Loan | 9.95% | $322.44 | $1,608 | 35.99%: $457.98 |
Standard amortization formula applied to the APR; an origination fee, if any, is taken from the loan amount and is already part of the APR. Your offer will differ.
APR, interest rate and origination fees
The interest rate is the cost of borrowing the money. The APR also includes fees, so it is the better number for comparing lenders. An origination fee is charged at the start, usually as a percentage of the loan, and most lenders take it out of the amount you receive. A $10,000 loan with a 5% fee pays out $9,500 but you repay $10,000.
Pre-qualification
Many lenders let you see an estimated rate with a soft credit check, which does not affect your score. A formal application usually needs a hard inquiry, which can lower your score slightly for a short time. Where a lender states that pre-qualification uses a soft check, we say so on its review.
When a personal loan makes sense
A personal loan can lower your cost if its APR is below the rate on the debt it replaces, for example when you consolidate credit card balances, and the fixed payment gives a clear payoff date. It does not help if you keep adding new debt. Compare total interest, not only the monthly payment: a longer term lowers the payment and raises the total. Try the loan APR calculator and the debt payoff calculator.
Frequently asked questions
Which lender has the lowest starting APR?
Upstart Personal Loan at 6.30%, as published on the lender’s page. Your own APR depends on your credit and the loan terms.
Will checking my rate hurt my credit?
Pre-qualification with a soft check does not affect your score. A full application normally includes a hard inquiry. The lender’s page says which one applies.
What credit score do I need?
It varies by lender and is often not published. Where a lender states a minimum score we show it on the review. Higher scores usually get lower rates.
Is an origination fee bad?
It raises the cost, but it is already included in the APR. A loan with a fee and a lower rate can cost less in total than a loan with no fee and a higher rate, so compare APRs.
Related
Sources
- Wells Fargo Personal Loan, read 11/03/2026
- SoFi Personal Loan, read 11/03/2026
- Discover Personal Loan, read 11/03/2026
- Upstart Personal Loan, read 11/03/2026
- Citi Personal Loan, read 11/03/2026
- OneMain Financial Personal Loan, read 11/03/2026
- Upgrade Personal Loan, read 11/03/2026
- Prosper Personal Loan, read 11/03/2026
- Best Egg Personal Loan, read 11/03/2026
- Avant Personal Loan, read 11/03/2026
- FDIC national rates and rate caps
Terms and rates change; confirm them on the provider’s site before you apply. This page is for information and is not financial advice.