Last Updated: February 2026

Best Personal Loan Lenders 2026

Find the Right Loan for You - We compared rates, fees, and terms from 50+ lenders to find the best personal loans for every credit profile.

Reviewed by Sarah Johnson, CFA
Personal finance expert and Chartered Financial Analyst with 10 years of experience reviewing lending products.
Our Top Pick for Finance
S

SoFi Personal Loans

Highest rated & most recommended option

#1 Top Rated
SoFi Personal Loans
Best Overall

SoFi Personal Loans - No-fee personal loans with competitive rates and unemployment protection.

FeesNone
Terms2-7 years
APR Range8.99%-25.81%
Loan Amounts$5K-$100K
  • No origination fees or prepayment penalties
  • Unemployment protection included
  • Rate discounts with autopay
  • Fast funding - often same day
Excellent
9.8
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#2 Top Rated
LightStream
Best Rates

LightStream - Truist-backed lender offering low rates for borrowers with excellent credit.

FeesNone
Terms2-12 years
APR Range7.49%-25.49%
Loan Amounts$5K-$100K
  • Some of the lowest APRs available
  • Zero fees of any kind
  • Same-day funding available
  • Rate Beat Program guarantee
Excellent
9.6
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#3 Rated
Marcus by Goldman Sachs

Marcus by Goldman Sachs - No-fee personal loans from Goldman Sachs with on-time payment rewards.

FeesNone
Terms3-6 years
APR Range6.99%-29.99%
Loan Amounts$3.5K-$40K
  • No fees including late fees
  • On-time payment reward reduces APR
  • Flexible payment dates
  • Strong customer service
Excellent
9.4
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#4 Rated
Upgrade Personal Loans
Best for Fair Credit

Upgrade Personal Loans - Personal loans for fair credit with free credit monitoring included.

Fees1.85%-9.99%
Terms2-7 years
APR Range8.49%-35.99%
Loan Amounts$1K-$50K
  • Available for credit scores as low as 560
  • Free credit monitoring included
  • Direct payment to creditors
  • Joint applications allowed
Excellent
9.0
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#5 Rated
Prosper

Prosper - Peer-to-peer lending platform offering personal loans with competitive rates.

Fees1%-9.99%
Terms3-5 years
APR Range8.99%-35.99%
Loan Amounts$2K-$50K
  • Soft credit check for prequalification
  • Joint applications available
  • No prepayment penalties
  • Established peer-to-peer platform
Very Good
8.8
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#6 Rated
Best Egg

Best Egg - Personal loans with fast funding and competitive rates for debt consolidation.

Fees0.99%-8.99%
Terms3-5 years
APR Range8.99%-35.99%
Loan Amounts$2K-$50K
  • Fast funding - as soon as next day
  • Soft credit check available
  • Competitive rates for good credit
  • Secured loan option available
Very Good
8.6
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#7 Rated
Avant
Best for Bad Credit

Avant - Personal loans designed for borrowers with less-than-perfect credit.

FeesUp to 4.75%
Terms2-5 years
APR Range9.95%-35.99%
Loan Amounts$2K-$35K
  • Accepts credit scores as low as 550
  • Late fee forgiveness program
  • Fast funding within 24 hours
  • No prepayment penalties
Very Good
8.3
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About Personal Loan Lenders

Finding the right solution can be overwhelming with so many options available. Our team of experts has evaluated each option based on pricing, features, customer reviews, and overall value to help you make an informed decision.

This guide compares the top 7 providers in finance, explaining key differences and which options might work best for your specific needs.

Quick Comparison

ProviderRatingBest For
SoFi Personal Loans
9.8
Best Overall
LightStream
9.6
Best Rates
Marcus by Goldman Sachs
9.4
General use
Upgrade Personal Loans
9.0
Best for Fair Credit
Prosper
8.8
General use

Compare Options, Choose What's Best for You

At Komparisons, we recognize the importance of thorough and accurate product reviews. Our team rigorously evaluates every option to ensure you have the unbiased information needed to make confident decisions.