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10 Best Personal Loans for People With Good Credit

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If you have good credit you likely have access to the best personal loans — a high FICO score can lead to lower interest rates and better terms. If you’re in need of a loan and you have been diligent about your credit, review these 10 personal loans that might suit your financial needs. Keep in mind that ultimately, however, you should look beyond the best personal loan rates when choosing a personal loan.

Here are 10 personal loans for people with good credit:

10 Best Personal Loans for Good Credit
Lender Minimum Credit Score APR Loan Amounts Loan Term Fees Secured or Unsecured
LightStream N/A 4.24% to 16.99% $5,000 to $100,000 24 to 144 months None Both
SoFi N/A 6.99 to 15.49% $5,000 to $100,000 3 to 7 years None Unsecured
Earnest N/A 6.99% and up $5,000 to $75,000 3 to 5 years None Unsecured
Payoff 640 5.99% to 24.99% $5,000 to $35,000 2 to 5 years 0% to 5% origination fee Unsecured
Discover N/A 6.99% to 24.99% $2,500 to $35,000 36 to 84 months None Unsecured
Wells Fargo N/A 7.49% to 24.49% $3,000 to $100,000 12 to 60 months None Unsecured
Upgrade N/A 6.99% to 35.97% $1,000 to $50,000 36 or 60 months 1% to 6% origination fee Unsecured
CitiBank N/A 7.99% to 17.99% $2,000 to $50,000 12 to 60 months None Unsecured
TD Bank 660 6.99% to 18.99% $2,000 to $50,000 12 to 60 months None Both
LoanMe 645 9.90% to 22.90% $7,500 to $100,000 180 months 17% to 33% loan fee Unsecured
Information accurate as of Nov. 21, 2018.

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LightStream

LightStream is the online, consumer lending division of SunTrust Bank — and it promises it will beat any qualifying competitor’s rate. If you’re approved for a LightStream loan you could be funded within one day. You can apply for these competitive, fixed-rate loans online. With APRs starting at just 4.24 percent, it could be the best place to get a personal loan if you qualify.

Pros

Cons

SoFi

SoFi Review: More Than Debt Refinancing tries to satisfy borrowers’ growing financial needs from buying a home to saving money on student loans to advancing their careers. The company offers meet-ups and career counseling, which are nice perks. After approval, funds are generally available within a few days.

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Pros

Cons

Earnest

Data drives Earnest’s lending process, which the company says gives good credit borrowers more personalized interest rates. When Earnest evaluates its unsecured personal loans, it incorporates data regarding each applicant’s personal savings habits, education and earning potential. To get approved, apply for a personal loan online and provide information about your financial responsibility.

Pros

Cons

Payoff

Payoff calls itself a financial wellness company that uses science, psychology and technology to improve its borrowers’ financial situations. The company applies behavioral strategies to help clients to meet their financial goals — and feel happy while doing it.

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Pros

Cons

Discover Personal Loans

Discover Personal Loans can provide fast payment on personal loans and loan funds can be disbursed directly to your creditors if you’re consolidating debt.

Pros

Cons

Get the Scoop: Discover Personal Loans Review — No Origination Fees, Fixed Rates

Wells Fargo Personal Loans

Wells Fargo also offers a wide range of lending solutions, including secured loans and personal loans for credit card consolidation. The bank has more than 8,000 locations and borrowers can apply online, by phone or in person. Once your loan is approved and you agree to the terms, you can receive funding by the next business day.

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Pros

Cons

Upgrade

Upgrade is an online lending platform that harnesses the latest technology to reduce the cost of credit for customers. Upgrade also aims to help consumers better understand their credit and make better financial decisions by giving them access to helpful products and tools, including free credit monitoring, alerts and educational tools. Once you accept a loan offer from Upgrade, funds will be sent to your bank via an ACH transfer within one business day. It also provides some of the best personal loans for fair credit.

Pros

Cons

See: Best Banks for Personal Loans

Citibank Personal Loans

Citibank has a large number of financial products, and its personal loans fit a variety of needs. You can choose between fixed-rate personal loans as well as personal lines of credit. Products vary per state and the website enables you to choose your state to compare personal loans. You can get approved for a Citibank personal loan quickly and receive funding within five business days.

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Pros

Cons

TD Bank

TD Bank has locations across the eastern part of the U.S. At its branches and online, TD Bank offers a suite of personal loan products. You can consolidate credit card debt, fund a vacation or pay for home improvements with a TD Bank personal loan. If you opt for the TD Express Loan, after your approval, you can typically receive funds within two business days.

Pros

Cons

Related: Best Credit Unions for Personal Loans

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LoanMe

LoanMe provides funding for debt consolidation or one-time expenses. The application takes five minutes to complete, and you can receive funds as soon as three to four hours after approval.

Pros

Cons

Click through to read about the best personal loans for debt consolidation.

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Gabrielle Olya contributed to the reporting for this article.

Methodology: GOBankingRates.com identified the best personal loans by analyzing monthly minimum credit scores, loan amounts, loan terms and fees. All fees and rates are accurate as of Nov. 20, 2018, and are subject to change at the financial institutions’ discretion. Some bonus offers might no longer be available on the financial institutions’ websites, depending on how you access the web page.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions, and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been reviewed, approved, or otherwise endorsed by the companies included in the article.

*All loans are subject to credit approval by LightStream. If approved, your APR will be based on loan purpose, amount, term and your credit profile. Conditions and limitations apply. Advertised rates and terms are subject to change without notice.