Best Personal Loan Rates of June 2021

ElitePersonalFinance
Last Update: April 30, 2021

Personal loans offer loans from $100 to $100,000. Their APR vary between 5.99% to 35.99%,and it’s counted based on your credit score. Terms vary between 1 month to 10 years. Personal loans are offered by online lenders, banks and credit unions.

ElitePersonalFinance found the best personal loans 2021!

Bad Credit

People with bad credit can get a personal loan! Stay away from payday loans!

The expected APR on a personal loan will be higher. On average it should be about 15% to 35.99%, which means 5 - 10 times cheaper than payday loans! Securitization of a loan or adding a cosigner could lead to easier approval, higher amount and lower APR. Review our list of personal loans for bad credit >>

Really Bad Credit !!!

Alternative payday loans offer $100 to $5,000 for people with really bad credit. They are no credit check loans. They are 5 – 10 times cheaper than payday loans. Review our list of alternative payday loans >>

ElitePersonalFinance also created a special list of loans for people with really bad credit. There we included many options. Some of them could be more expensive. Use it only if you have no other options. Review our list of loans for really bad credit >>

Fair Credit

People with fair credit can get a personal loan. The expected ARP should bebetween 10% to 15%. Securitization of a loan or adding a cosigner could lead to easier approval, higher amount and lower APR. Review our list of personal loans for fair credit >>

Good Credit

People with good credit have many options: online lenders, banks, credit unions. People with good credit enjoy the best APRs of 5.99% to 10%. Some people even can be approved for as low as 3%, if their credit score is perfect. Review our list of personal loans for good credit >>

Debt Consolidation

If you have many loans, now it’s the time to consider debt consolidation. Well planned debt consolidation could lead to cheaper rates and better terms. Not well planned debt consolidation could lead that you topay many extra fees. Review our list of debt consolidation loans >>

In case someone can’t be approved for a personal loan, payday loans should NOT be your next step!!! There are many other options.

Amount

$1,000 - $250,000

Min Credit Score

550

APR

2.49% - 35.99%

Approval

< 1 Day

Terms

24 - 84 Months

3700 Reviews
Amount

$1,000 - $100,000

Min Credit Score 0 but 620 is Recommended APR

4.99 - 35.99%

Approval

1 Day

Terms

12 - 120 months

Get started

Chosen 37100 times

Loan Comparison Site
More Information
Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 3700 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

There are plenty of services in the marketplace, however, SuperMoney is the best! This company works with thousands of loan companies, lenders credit unions and so on, so finding you a loan will be easy. And they work different. Instead of getting your personal details and sending is to list of their lenders, like other companies do, SuperMoney will ask you to complete their form one time and directly list you offers that are available to you. There is a big difference because you directly get personalized offers based on your financial situation and your personal information is not send to list of lenders, like other sites do. After that, you can pick the best for you. Click offer details below each and you will find all of the information you need to know regarding APRs, repayment terms and fees. Best of all, the service is completely free and requires no obligation.

Amount

$100 - $40,000

Min Credit Score

0

APR

Vary

Approval

< 1 Day

Terms

1 – 60 Months

Amount

$100 - $15,000

Min Credit Score

0

APR

5.99% - 35.99%

Approval

< 1 Day

Terms

6 - 72 Months

Amount

$100 – $10,000

Min Credit Score

0

APR

Vary

Approval

< 1 Day

Terms

1 – 60 Months

Amount

$100 – $5,000

Min Credit Score

0

APR

Vary

Approval

< 1 Day

Terms

1 – 60 Months

Amount

$100 - $15,000

Min Credit Score

0

APR

5.99% - 35.99%

Approval

< 1 Day

Terms

12 - 60 Months

Amount

$100 - $10,000

Min Credit Score

0

APR

5.99% - 35.99%

Approval

< 1 Day

Terms

1 - 60 Months

2690 Reviews
Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Get started

Chosen 25087 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 2690 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

PersonalLoans offers unsecured loans ranging from $1,000 to $35,000, and because the company only requires a minimum credit score of 580, PersonalLoans is a great place to obtain a bad credit loan. Its APRs range from 5.99% to 35.99%, but to qualify, you need to have some form of recurring income. It can be full-time employment, self-employment, regular disability or Social Security benefits. Keep in mind though, loans are not available to residents in Arkansas, Georgia or New York.

Pros:
  • Low credit score requirements of 580.
  • Low income requirement of $1,000.
  • Bad credit is ok.
  • Highest amount allowed is $35,000.
  • Available in many states.
Cons:
  • People with really bad credit can’t apply.
  • You can’t have an account with a late payment for longer than 60 days or a recent bankruptcy.
  • You can’t have any recent charge-offs or late payments.
Best for: Bad Credit
3000 Reviews
Amount

$1,000 - $50,000

Min Credit Score

600

APR

5.94% - 35.97%

Approval

< 1 Day

Terms

3 - 5 Years

Get started

Chosen 21000 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
50,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 3000 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

Upgrade Disclaimer: Personal loans made through Upgrade feature APRs of 5.94% - 35.97%. All personal loans have a 2.9% to 8% origination fee, which is deducted from the loan proceeds. The lowest rates require Autopay and directly pay off a portion of existing debt. For example, if you receive a $10,000 loan with a 36-month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower, and your loan offers may not have multiple term lengths available. The actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges may increase the cost of your fixed-rate loan. There is no fee or penalty for repaying a loan early. Upgrade’s lending partners issue personal loans. Information on Upgrade’s lending partners can be found at https://www.upgrade.com/lending-partners/.

1101 Reviews
Amount

$100 - $5,000

Min Credit Score

0

APR

Vary

Approval

< 1 Day

Terms

1 - 36 months

1450 Reviews
Amount

$1,000 – $5,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

9 – 36 Months

Get started

Chosen 10351 times

Alternative Payday Loan
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1450 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

For those with really bad credit, who can't quality for a personal loan, we recommend alternative payday loans. These companies are more expensive than personal loans, but much more better than payday loans. The company offers loan amounts that range from $1,000 to $5,000, with APRs that range from 99% to 199%. Loan duration range from 9 months to 36 months and Opploans charges zero prepayment penalties. Their loans are unsecured – which means no upfront collateral is required – and as you continue to make on-time payments, you build your credit score in the process. Moreover, if your loan is approved, you can receive funds in as little as one business day.

Pros:
  • Easy approval process.
  • Those with very bad credit can still get approved.
  • Opploans offers installment loans and lines of credit.
  • Opploans does not check your credit score but will assess your financial transaction history.
  • Loans are unsecured and do not require any collateral.
  • There are no prepayment penalties.
  • Opploans offers refinancing options to select borrowers.
  • Alternative loan sites like Opploans have lower APRs than payday or car title loans.
Cons:
  • APRs are high, ranging from 99% to 199%.
  • Loan origination fees range from 0% to 3% and other fees can apply.
Best for: Really Bad Credit

OppLoans is alternative payday loan. Alternative payday loans approve people with really bad credit, who can’t qualify for a personal loan. Alternative payday loans are times cheaper than traditional payday loans!

1370 Reviews
Amount

$500 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

3 – 36 Months

Get started

Chosen 30431 times

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
10,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $10,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $10,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $10,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1156 Reviews
Amount

$1,000 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Get started

Chosen 13989 times

High Approval Rate
More Information
Customer type:
All
Borrow up to:
10,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1156 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

Designed specifically for those with bad credit, CashUSA offers installment secured personal loans for people with bad credit. APRs range from 5.99% to 35.99%, but even if you have bad credit, putting a collateral to your loan can lower the APR as low as 10%. CashUSA offers loans up to $10,000, but – according to their website – the amount can be increased under certain conditions. But remember, if you fall behind on your payments, there is a chance you could lose your car. We only recommend secured loans if you’re sure you can repay the debt on-time and in-full.

Pros:
  • Easy approval.
  • Those with really bad credit can still be approved.
  • The company applies personal loan APRs ranging from 5.99% to 35.99%.
  • People with bad credit get as low as 10% APR.
  • Borrowing amounts can exceed $10,000, but you have to speak with them directly.
Cons:
  • Secured loans put you at risk of losing your collateral.
  • Bad credit means a higher APR; although it’s still much lower than a traditional car title loan.
Best for: Secured Personal Loans
1650 Reviews
Amount

$5,000 – $40,000

Min Credit Score

640

APR

5.99% – 24.99%

Approval

1 – 7 Days

Terms

24 - 60 months

Get started

Chosen 21500 times

1890 Reviews
Amount

$2,000 - $40,000

Min Credit Score

640

APR

7.95% – 35.99%

Approval

1 - 3 Days

Terms

36 - 60 months

Get started

Chosen 12269 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
40,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1890 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1185 Reviews
Amount

$2,000 - $25,000

Min Credit Score

585

APR

9.99% - 35.99%

Approval

1 - 3 Days

Terms

24 - 48 months

Lowest cost
More Information
Customer type:
All
Borrow up to:
25,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 2540 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

LendingPoint has APRs that range from 9.99% to 35.99% and the company offers unsecured loans that range from $2,000 to $25,000. But, to qualify, you must have an annual income of at least $20,000 and a minimum credit score of 585. You can choose between bi-weekly or monthly repayment, and the company looks at factors other than just your credit score to determine whether or not you qualify: factors like your credit history, employment status and credit card debt, Keep in mind though, loans are not available to residents in Colorado, Nevada, Maine, Maryland, Massachusetts, Connecticut, Wyoming, Wisconsin, Vermont, New York or West Virginia.

2672 Reviews
Amount

$7,500 - $40,000

Min Credit Score

620

APR

7.99% - 29.99%

Approval

1 - 7 Days

Terms

24 - 60 months

Get started

Chosen 24899 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
40,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 2672 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1472 Reviews
Amount

$2,000 - $50,000

Min Credit Score

640

APR

5.99% - 29.99%

Approval

1 Day

Terms

36 - 60 months

Get started

Chosen 11059 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
50,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1472 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1226 Reviews
Amount

$3,500 - $40,000

Min Credit Score

680

APR

6.99% - 19.99%

Approval

1 - 4 Days

Terms

36 - 72 months

Get started

Chosen 10523 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
40,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1226 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1226 Reviews
Amount

$5,000 - $100,000

Min Credit Score

660

APR

3.49% - 20.49%

Approval

1 - 7 Days

Terms

24 - 84 months

Get started

Chosen 10523 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1226 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
3770 Reviews
Amount

$2,500 - $35,000

Min Credit Score 660 APR

6.99% - 24.99%

Approval

1 - 7 Days

Terms

36 - 84 months

Get started

Chosen 34899 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 3770 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
2059 Reviews
Amount

$5,000 - $45,000

Min Credit Score

660

APR

7.75% – 25%

Approval

1 - 7 Days

Terms

36 - 60 months

Get started

Chosen 14123 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
45,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 2059 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
2891 Reviews
Amount

$5,000 - $100,000

Min Credit Score

680

APR

5.99% - 18.53%

Approval

1 - 7 Days

Terms

24 - 84 months

Get started

Chosen 19761 times

Lowest cost
More Information
Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 2891 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1245 Reviews
Amount

$1,000 - $40,000

Min Credit Score

600

APR

10.68% - 35.89%

Approval

1 - 4 Days

Terms

36 - 60 months