A Personal loan allows you to borrow money for almost any purpose, typically with a fixed term, a fixed interest rate, and a regular monthly payment. Collateral is usually not required, and typically personal loans have lower interest rates.
For whatever’s ahead, we’re right here with you
A personal loan can help you take control of your finances. From debt consolidation to home improvements to vacations, you can plan for both the expected and unexpected.
Easy & Simple
Get quick access with an easy, secure online app, and approval in minutes.
You could qualify for a rate starting at 10% lower than traditional lenders
Funds deposited as soon as the next business day based on creditworthiness.
Top 5 Personal loans Frequently asked questions
How much of a personal loan can I get?
The amount you get is dependent upon what the lender is willing to give you based on your credit history. Some lenders may approve you for up to $100,000, but it depends on your income and credit score. If you aren’t sure how much a particular lender will approve, it doesn’t hurt to ask prior to submitting your application.
How do I get a personal loan with bad credit?
It could be a challenge to get approved for a personal if you have less than desirable credit, but you can still get approved — you might just pay a higher interest rate. Some lenders do have a minimum required credit score, so loans from these lenders won’t be available to someone with bad credit.
What's the benefit to obtaining a personal loan?
There are some benefits to obtaining a personal loan, but it is often dependent on your credit score. If you have a great credit score and can secure a low-interest loan, you can use the loan to make a large purchase that would have otherwise been paid for with a credit card.
What is the average interest rate on a personal loan?
The rates can be anywhere from 9% to 14%. However, there are some lenders with considerably lower rates. Sometimes, you can even get a reduced interest rate by setting up autopay and having your monthly payments made automatically.
How long does it take to be approved for a personal loan?
It depends on the lender, but it takes anywhere from 1 to 7 days to be approved for a personal loan. Applicants can reduce the likelihood of any delays in the approval process by making sure they provide accurate information when filling out the application form.