Save Thousands on Your Personal Loan with Low Rates

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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

Lowest personal loan rates.csv

Description Lowest personal loan rates Description Lowest personal loan rates Description Lowest personal loan rates Description Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan rates

Description Lowest personal loan rates Description Lowest personal loan rates Description Lowest personal loan rates Description Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan ratesDescription Lowest personal loan rates

Lender	APR range	Loan terms	Loan amounts	Min. credit score	Best for...
	5.99% - 35.99%	24 to 60 months	$3,500 - $40,000	680	Consolidating debt	See Personalized Results
	5.99% - 35.99%	24 to 60 months	$3,500 - $40,000	680	Consolidating debt	See Personalized Results
	6.40% - 35.99%	36 and 60 months	$1,000 - $50,000	300	Building credit	See Personalized Results
	6.40% - 35.99%	36 and 60 months	$1,000 - $50,000	300	Building credit	See Personalized Results
	6.99% - 35.99%	24 to 60 months	$2,000 - $50,000	560	Applicants with low credit scores	See Personalized Results
	6.99% - 35.99%	24 to 60 months	$2,000 - $50,000	560	Applicants with low credit scores	See Personalized Results
	7.49% - 25.49% (with autopay)	24 to 144 months	$5,000 - $100,000	Not specified	Applicants with excellent credit	See Personalized Results
	7.49% - 25.49% (with autopay)	24 to 144 months	$5,000 - $100,000	Not specified	Applicants with excellent credit	See Personalized Results
	7.99% - 17.99%	12 to 60 months	$600 - $50,000	700	Small loan amounts	See Personalized Results
	7.99% - 17.99%	12 to 60 months	$600 - $50,000	700	Small loan amounts	See Personalized Results
	7.99% - 24.99%	36 to 84 months	$2,500 - $40,000	720	No origination fees	See Personalized Results
	7.99% - 35.99%	24 to 72 months	$2,000 - $36,500	660	Mid-sized expenses	See Personalized Results
	8.49% - 35.99% (with autopay)	24 to 84 months	$1,000 - $50,000	580	Flexible loan term durations	See Personalized Results
	8.99% - 25.81% (with discounts)	24 to 84 months	$5,000 - $100,000	680	Overall experience	See Personalized Results
	8.99% - 35.99%	36 to 60 months	$2,000 - $50,000	600	Secured and unsecured loan options	See Personalized Results
	8.99% - 35.99%	24 to 60 months	$5,000 - $50,000	620	Same day credit approval	See Personalized Results
	8.99% - 35.99%	24 to 60 months	$5,000 - $50,000	620	Same day credit approval	See Personalized Results
	9.57% - 35.99%	24 to 60 months	$1,000 - $40,000	600	Applying with a co-borrower	See Personalized Results
	9.57% - 35.99%	24 to 60 months	$1,000 - $40,000	600	Applying with a co-borrower	See Personalized Results
	9.57% - 35.99%	24 to 60 months	$1,000 - $40,000	600	Applying with a co-borrower	See Personalized Results
	9.95% - 35.95%	12 to 60 months	$2,000 - $35,000	580	Fast loan funding	See Personalized Results
	9.95% - 35.95%	12 to 60 months	$2,000 - $35,000	580	Fast loan funding	See Personalized Results
	11.72% - 24.67%	24 to 60 months	$5,000 - $40,000	640	Refinancing credit card debt	See Personalized Results
	11.72% - 24.67%	24 to 60 months	$5,000 - $40,000	640	Refinancing credit card debt	See Personalized Results
	13.39% - 24.91% tooltip	36 to 120 months	$10,000 - $200,000	660	Large loan amounts	See Personalized Results

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Personal Loan Calculator

At its June 2024 meeting, the Federal Reserve did not change the federal funds rate — a number that in turn affects how much consumers and businesses pay to borrow money. The Federal Reserve has indicated they may cut rates later in 2024.

To combat inflation, the Fed increased rates throughout 2022 and 2023. The target interest rate has been 5.25%-5.50% since July 2023.

What this means for you: When the target interest rate goes up, variable interest rates on credit accounts — such as credit cards — may go up as well. When the target interest rate goes down, those rates may go down as well. Personal loans, however, have fixed interest rates, so you shouldn’t see any changes to your payments. If you’re looking to apply for a new personal loan, you may have to accept higher interest rates with a higher target interest rate.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.

Personal loans offer myriad benefits that set them apart from credit cards and other types of loans, including:

• Lump sums: If you take out a personal loan, the lender will deposit the lump sum of your loan amount into your bank account. So, instead of borrowing from a line of credit like a credit card, you can access the entire amount upfront.
• Fixed APR: While credit cards and personal lines of credit often come with variable APRs, personal loans have fixed APRs. This means that even if market conditions change over the life of your loan, you won’t see your minimum monthly payment change.
• No collateral required: Most personal loans are unsecured, so you won’t have to offer the lender any collateral. If you can’t pay back your loan, you won’t risk losing your property, but your credit score will take a hit.
• Set repayment terms: Personal loans come with a set repayment duration so you’ll know exactly when your debt will be paid off. Credit cards and other similar options, on the other hand, don’t come with limited terms, meaning you could be stuck paying off your cards for many years if you’re only making the minimum payment.
• Flexible loan purposes: Whether you’re looking to finance your wedding or cover an emergency expense, borrowers have flexibility when it comes to how they use their loan funds. Most lenders, however, don’t allow borrowers to use personal loans for business purposes or post-secondary education.

Pros and cons of personal loans

As useful as a personal loan may be, it may not be the perfect financial product for every consumer.