Compare Personal Loans
Understand costs, compare lenders, and find options that fit your credit profile.
Start with the decision you need to make
How a personal loan works
Most personal loans provide one lump sum and require equal monthly payments over a set term. Many are unsecured, so pricing depends heavily on credit, income, existing obligations, loan purpose, and the lender’s underwriting model.
Prequalification may let you view estimated terms with a soft credit inquiry. A full application can require verification and a hard inquiry, and the final offer may differ. Treat advertised rates as a range—not a promise.
Compare the whole offer
APR is the most useful starting point because it incorporates interest and certain required fees. Also compare the origination fee, cash delivered after that fee, payment amount, payoff date, late-fee policy, and total of payments.
A longer term can reduce the monthly payment while increasing total interest. Compare offers at the same loan amount and similar term, then test the payment against a budget that still leaves room for essentials and emergencies.
Choose a route that matches the goal
Borrowers with fair or damaged credit may benefit most from soft-check comparisons and a smaller request. Debt consolidation requires a direct comparison against existing balances. Emergency borrowing should include a check for payment plans, credit-union products, and other lower-cost alternatives.
Do not borrow simply because an offer is available. If the payment depends on taking another loan, carrying card balances for necessities, or uncertain income, the loan is unlikely to create a durable solution.