Best Personal Loans for Good and Bad Credit in New York of April 2024

Ray Prince
Last Update: September 25, 2023 Personal Loans by States and Cities

There is no shortage of legit funding sources in New York, with the main draws being online lenders, banks, and credit unions. Each lending institution has its eligibility requirements, APRs, borrowing terms, and max loan amount limits for borrowers of all types, from no/limited credit to stellar 700+ credit score holders.After researching a little more than 100 NY-based lenders (~80 small/medium/large banks, ~40 credit unions, and ~15 online lending platforms) and carefully examining their pros, cons, amount, APR, terms, credit scores, and overall performance, we put the best below:

Lender:Loan Amount:APR:Min. Credit Score:Best For:
NextDayPersonalLoan$100 – $40,0005.99% – 35.99%0Bad credit
LifeLoans$100 – $40,000Not Listed0Bad credit
Upstart$1,000 – $50,0004.6% – 35.99%300Low credit scores, high DTI ratios
SoFi$5,000 – $100,0005.74% – 20.28%680No-fee unsecured loans
Upgrade$1,000 – $50,0008.49% to 35.99%560No prepayment fees on an unsecured loan
ZippyLoan$100 – $15,00012.00% – 35.99%0Bad or no credit
Citibank$600 – $50,0009.99% to 23.99%UndisclosedCitibank customers
Santander Bank$5,000 – $50,000As low as 6.99%UndisclosedSantander Bank customers
Wells Fargo$3,000 – $100,0005.74% – 19.99%660Wells Fargo customers
Alliant Credit Union$1,000 to $50,0006.24% – 27.24%640People who prefer online-only banks
PenFed$600 – $50,0007.74% – 17.99%610PenFed customers

Those who want to find all loans in one place can visit our marketplace:

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