Best Personal Loan Online Lenders 2024

Best Personal Loan Online Lenders: Gone are the days when you had to apply for loans physically, with a lot of hassle involved. Presently, you can use just your phone and internet connection to perform activities with ease, and applying for loans online is no exception. You can sit in the convenience of your home and apply for a loan, which will be approved within minutes.

Best Personal Loan Online Lenders 2023

The best part is that there are a lot of companies that provide personal loans to borrowers. However, you must compare their rates first before you apply. Thus, you get to find the perfect lender with the best features and rates. If you’re interested in discovering the best personal online lenders, check out the list below.

Best Personal Loan Online Lenders

With these best personal loan online lenders, you can get an idea of the best companies to use and compare their rates before you apply. Now, let us begin:

  • LendingClub.
  • LendingPoint.
  • Happy Money.
  • Best Egg.
  • Discover personal loans.
  • Upgrade.
  • SoFi.
  • Upstart.
  • Universal Credit.
  • Avant.


LendingClub is the perfect online loan for joint loans. In other words, if you would like to add a co-borrower or co-applicant, you can get the best loan option at this best personal loan online lender, LendingClub. Apart from all of these, you can enjoy free credit score access, fast funding, and a soft credit check.


LendingPoint is one of the best personal loan online lenders. Moreover, they are good for people with below-average credit scores and are fast when it comes to funding. Additionally, there are no prepayment penalties, and you do not have to have a good credit score to apply for or be approved for a personal loan at LendingPoint.

Happy Money

Happy Money is one of the best personal loan online lenders and offers a good loan for credit card consolidation. Furthermore, they offer fast funding and prequalify with a soft credit card check. Additionally, they provide swift payment to creditors or lenders with debt consolidation loans. However, there are no rate discounts.

Best Egg

With Best Egg, you can find loan amounts of $2,000 to $50,000, and with a credit score of 600, you can secure a loan from them. Besides, they are one of the best personal loan online lenders for good credit.

Discover Personal Loans

Discover Personal Loan is among the best personal loan online lenders. Furthermore, they are known for their no-interest policy if you repay your loan within 30 days. So, if you want to pay up your personal loan debt without interest, if you can pay it back within 30 days with Discover, you do not need to worry about interest fees.


For borrowers with bad credit and looking for a good online personal loan lender, Upgrade should be your best bet. What’s more, they provide direct lender payoffs for debt consolidation loans, and you can use the loan from Upgrade for your business. However, they have a high APR range, and they charge fees for insufficient funds and late payments.


SoFi is the overall best online personal loan, with loan amounts ranging from $5,000 to $100,000 and a minimum credit score of 650. What’s more, they offer rate discounts and the best services to borrowers. In addition, when you apply for a personal loan from SoFi, there are lengthy terms that you can enjoy when you are paying back your loan. So, after applying at SoFi, wait for a day or two for approval.


If you want a loan as low as $1,000, Upstart offers just what you want. Their minimum loan amount is between $1,000 and $50,000, but you need a credit score of 300 to qualify. However, their loan repayment term is for 3, 5, and seven years, and there are no co-signers or secured options at Upstart. Nonetheless, you can still choose your payment date.

Universal Credit

Universal Credit allows online borrowers to enjoy different offers with flexible eligibility requirements and compare them. Firstly, you do not have to get worked up about prepayment penalties and strict qualification requirements. Besides, Universal Credit credits borrowers the next day after their application.


When it comes to unsecured and secured loans with multiple ranges of repayment terms, Avant is number one. Furthermore, it allows borrowers to access loan amounts ranging from $2,000 to $35,000, and the minimum credit score to apply is 580. However, when you want to use Avant, you will be charged an upfront administrative fee, and you cannot have a co-applicant.

Bottom Line

After you have compared the rates and features of these best personal loan online lenders, you can go online, visit their official website, and apply for a personal loan. Once your application has been reviewed, your bank account will be credited, and you will be sitting in the comfort of your home.