Top Personal Loan Offers
Are you looking for a personal loan? Then take a look at these options.
With Avant you are able to borrow from $1000. The loan has an APR between 9.95% and 36%. The minimum FICO does vary. Avant accepts those that have fair credit.
Discover allows you to borrow from $2500 and the APR is between 6.99% and 24.99%. The minimum FICO is 660. You will need to have a minimum gross income of $25 000.
Upstart personal loans start at $1000. The APR is between 4.66% and 29.99%. The minimum FICO is 640. This personal loan is good for those that have little credit history.
Pave loans start from $3000. The APR is between 6.97% ands 27.10%. The minimum FICO is 660. This loan is good for those that have a short credit history.
With Lending Point you are able to get a loan from $3500. The APR is between 17.46% and 35.99%. The minimum FICO is 600. Lending Points accepts those that have poor credit. The minimum gross income needed to get this loan is $20 000.
With Peerform you are able to get loans that start at $1000. The APR is between 7.12% and 29.99%. The minimum FICO is 600. They require a minimum credit history of 1 year. Peerform does accept those with poor credit.
Ascend offers personal loans that start from $2000. The APR is between 27% and 36%. The minimum FICO score is 580. The minimum gross income that is required is $40 000. They require a minimum credit history of 3 years. Ascend accepts those that have good to fair credit.
OneMain loans start from $1500. The APR is between 12.99% and 35.99%. They do not have a minimum FICO score. The minimum gross income requirement is $20 400. They do accept those that have poor credit.
You may find that you need to take a personal loan at some point whether it’s to pay for an emergency, renovations to your home or something else. There are various options online in order to get a personal loan. Here are some of the easier routes to take to get a personal loan.
0% Intro APR Credit Cards
An introductory credit card makes a lot of sense for those that need money in a short amount of time and are looking for smallest amount of work in order to get it. You can apply for a credit card online and it can take as little as a few minutes for you to have approval. The important thing to remember is that you treat the credit card as a personal loan so be sure that you are able to pay off the entire balance due before the introductory period end as you may find that you will pay high interest rates otherwise.
Peer to Peer Lending Sites
The process of securing a personal loan this way is a little more involved then applying for a credit card you will need to submit more or less the same information, but the credit department of the lending site will most contact you for supporting documents. This is to ensure that that your identity is verified, that you earn what you have claimed and that your credit history is correct before they allow to list your loan in their community and have users contribute to your loan request.
Bank to Person Personal Loans
There are many banks that have a more simplified process where you are able to apply for a personal loan through their website instead of having to apply at a branch. The bank will review your credit history and your credit score before they will approve you. On the personal loan from the bank you will be charged an interest rate which will usually start on day one of the loan. The interest rate that you will be charged will depend on your level of creditworthiness and repayment of the lone which is generally done via a monthly direct debit order from one of your checking accounts. The amount will be deducted on the pre-agreed date.
If you have a great credit rating then its best to go for the introductory rate card or the peer to peer lending network as they are less expensive option then the bank loan.
If you have a decent to good credit then a personal loan from the bank is a solid option.