10 Best Joint Personal Loans 2024

10 Best Joint Personal Loans – Personal loans can be used for different purposes, making them the best emergency loans for any borrower. Furthermore, you can use this type of loan for wedding expenses, home improvements, and debt consolidation. Personal loans also offer a fixed monthly payment and interest rates that remain unchanged throughout the loan repayment period.

10 Best Joint Personal Loans

Most of the time, you can apply for a personal loan alone. However, if you need a bit of assistance in the qualification aspect, you can borrow from another party. This is called a joint personal loan. If you are interested in this type of loan, here are the 10 best joint personal loans that you can try out.

10 Best Joint Personal Loans

Here are the 10 best joint personal loans. So, you do not need to do exhaustive research to find a good lender. Now, let’s begin to learn more about them:

  • LendingClub.
  • Achieve.
  • Upgrade.
  • PenFed.
  • U.S. Bank.
  • SoFi.
  • LightStream.
  • Wells Fargo.
  • Navy Federal Credit Union.
  • Patelco.


When it comes to the online experience, LendingClub is the best. Not only is it on the list of the 10 best joint personal loans, but it also gives borrowers access to different services. For instance, if you have an excellent credit score, you can qualify for a loan. Secondly, they allow co-applicants, but their loan terms are limited.


Achieve is the best loan for paying off a credit card debt. Although you cannot carry out an online application, you can still enjoy flexible repayment terms and receive funds within 2 days. Achieve also allows borrowers to use or bring a co-signer.


Upgrade is the best joint personal loan for borrowers with bad credit. If you would like to qualify, you need to first have a minimum credit score of 580 and meet other criteria to complete the qualification process. However, Upgrade has a high APR range and charges fees for insufficient funds, origination, and late payment.


One of the most popular and best joint personal loans is PenFed. Moreover, if you are interested in a small loan, this lender has got you covered. In addition to this, borrowers can pre-qualify online and access competitive rates.

U.S. Bank

For existing customers of U.S. Bank, U.S. Bank is one of the 10 best joint personal loans. Furthermore, they offer discounts, no fees, and fast funding. However, their services are limited to some states, but you can pay back your loan in 1 to 7 years.


SoFi is one of the 10 best joint personal loan providers. Furthermore, you can access loans from $5,000 to $100,000, and with a minimum credit score of 650, you can pass the credit score requirements. What’s more, their funding takes place within one to two days, and SoFi has lengthy terms and high loan amounts.


If you would like a joint personal loan with low-interest rates, LightStream has just what you need. Moreover, borrowers can access funds ranging from $5,000 to $100,000 with a minimum credit score of 660. There are also no late, origination, or prepayment fees. LightStream has fast funding, and their rates are low and competitive.

Wells Fargo

One of the 10 best joint personal loans is from Wells Fargo. It is also the perfect option for current Wells Fargo users. But if you are a new Wells Fargo customer, you will need to go to a branch to apply for their joint personal loan. Nevertheless, there is no prepayment penalty or origination fee, and you can get your funds the next working day after applying.

Navy Federal Credit Union

The Navy Federal Credit Union is one of the best credit unions for joint personal loans and a good option for military members who are interested in applying for this type of loan. The offered loan amounts range from $250 to $50,000, and the loan terms range from 6 to 180 months. Navy Federal Credit Union also has small loan amounts and flexible repayment terms, but you must be a member to borrow or qualify.


Patelco is another credit union that provides joint personal loans to interest-paying borrowers. They are fast-funded, and there are different opportunities for discounts and interest rates. What’s more, Patelco offers fast funding, and you can select repayment terms from 6 months to 7 years. Similarly to the Navy Federal Credit Union, you need to be a member of their credit union to qualify.

Tips for Comparing

When shopping for a good joint personal loan, there are some important aspects that you need to consider before choosing:

  • Both applicants must be eligible.
  • Compare lenders’ customer support systems.
  • Using a co-signer is not possible.
  • Look out for additional fees.
  • Prequalify.
  • Go through the lender’s loan details.
  • Compare loan costs.
  • Funding time.
  • Find out the interest rates and repayment terms.
  • Credit and underwriting requirements.

All of these will help you choose a good joint personal loan lender and access funds within the period of your needs.