A personal loan can be easy to get these days, thanks to the Internet and nearly instant credit checks. However, it is key for consumers to get the best personal loan that doesn’t leave them with unexpected interest rates, penalties for fast pay, or any other hidden surprises. The following personal loan companies all have good track records of being fair and easy to work with, in addition to having high BBB ratings. Anyone considering a personal loan should always research the company before exchanging information, but our reviews of these leading lenders can help get you started. Personal loans are valuable for a number of reasons. Read on to learn more about top-rated lenders.

Top 5 Personal Loan Lenders

  • Avant
  • Sofi
  • Even
  • Lending Club
  • 3Yearloan


Avant Personal Loans offers loans in amounts ranging from $1,000 to $35,000. Applicants simply fill out the online form, and if they pass the credit check, the funds may be deposited the next day. Avant offer rates raging from 9.95% to 36.00% depending on the applicant’s credit score. The loan terms average 24 to 60 months. With a customer satisfaction rate standing at 95%, an Avant Loan is considered a very efficient choice for a fast loan.


  • Get personal loans up to $35,000
  • Online applications
  • Loan terms 24 to 60 months


Sofi offers loans ranging from $5,000 all the way up to $100,000. These loans are geared towards people with good credit (minimum score 700), but funding needs that banks may not want to take risks on such as vacation or business start-up. The Sofi loan has no origination fees, closing costs, or prepayment penalties so the borrower has to put zero up front, and can pay their loan off early if they like. The Sofi personal loan can allow people with a good credit history to accomplish things they never thought possible with their banks.


  • Loans up to $100,000
  • Minimum credit score of 700 needed
  • Fewer costs than other loan options


Even offers personal loans at rates ranging from 4.83% - 35.89% for people with a minimum credit score of 580. Their loan terms go from 24 to 84 months for easy repayment options. This loan is a way for people with less than great credit rebuild their credit through monthly payments and also achieve what they need to do with the loan meanwhile. The Even initial approval process takes about 60 seconds so the applicant will know relatively fast if they should move forward the application process. If extra funds are needed through the holiday season or to make ends meet, the money is directly deposited quickly.


  • Loan terms from 24 to 84 months
  • Good option for rebuilding credit
  • Quick application process

Lending Club

The Lending Club’s APR rates range from 5.99% to 35.8% with lending terms of 36-60 months. This loan is good for people with midrange credit with the minimum score accepted set in the six hundreds. Their pitch is fixed rate payments that allow the borrower to pay off high-interest loans, and a prepay system that allows borrows to save even more on the loan by making occasional early payments as they can afford to do so. Rebuilding credit has never been easier than with Lending Club.


  • Loans available for people with bad credit
  • Fixed rate repayments
  • Loan terms of 36 to 60 months


3 Year Loans offer loans ranging from $500 to $10,000, with repayment terms from six months to five years. The APR rates can go as high as 29.95 but is capped of there, and can be much lower depending on the credit score and income of applicant. The company matches the applicant with the best lender for their situation and is ideal for these smaller loans to rebuild poor credit while still achieving certain goals. The name 3YearLoan does not indicate the average length of the loan with this company.


  • Get loans from $5k to $10k
  • Terms of six months to five years
  • Borrowers are matched with favorable lenders


Anyone considering a personal loan should take the time to read the fine print. A personal loan is a great way to make ends meet when unexpected expenses arise, to rebuild credit if payments are made on time, and to finance certain events. However, each personal loan should be done after careful consideration of all of the terms of repayment. Even the best lenders should still have their fine print read fully.