Personal loans, compared by APR and total cost
The advertised rate is the floor, not the price. Origination fees, term length, and the credit score needed for the best tier decide what you actually pay. Every lender below is listed with its full published APR range and fee structure.
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Sorted by lowest apr. Open a row for fees, terms, and the rate source.
Provider-published rates onlyNo verified offers in this category yet.
We only list products whose published rates we can verify. This category is being populated now.
See other categoriesHow we make money. LendyWendy does not get paid a commission on any product listed on this page today. Ranking is based on published rates, fees, and terms. If a product on this page starts paying us, this disclosure will name it before the link goes live. Rates and terms are set by the provider and can change without notice. Confirm every number on the provider's site before you apply.
What to understand before you compare personal loans
A personal loan is unsecured, which means no collateral and usually a higher rate than a car loan or a mortgage. In exchange, funding is fast and the money can be used for almost anything.
Most lenders price in three tiers. The published floor is for excellent credit with a long history. The middle tier is where most approved borrowers land. The ceiling applies to thin or damaged credit.
Other categories: Credit Cards · High-Yield Savings · Mortgage rates
Common questions
What is a good APR for a personal loan?+
For a borrower with excellent credit, the best published floors sit near 6% to 8%. The average approved rate is much higher, often in the mid-teens, because the advertised floor is reserved for the top credit tier. Anything above 30% is worth comparing against a credit union or a secured alternative.
How much does an origination fee add?+
An origination fee is deducted from the amount you receive, but interest is charged on the full loan amount. A 6% fee on a three-year loan adds roughly 3 to 4 percentage points to your effective APR. The lender's APR range already includes this, which is why the top of the range is so high.
Does applying hurt my credit score?+
A prequalification check is usually a soft inquiry and does not affect your score. A full application produces a hard inquiry, which can cost a few points for a few months. Prequalify with several lenders first, then apply once.
Are personal loans better than credit cards?+
For a fixed expense you can repay on a schedule, a personal loan usually costs less than a card because the rate is fixed and the term is finite. For a balance you can clear in a month or two, a card with a grace period is cheaper.
How we rank
Three rules govern every table on this site. They are the reason a product can be listed without paying for placement, and the reason a high payout never moves a row up.
Total cost first
Every product is scored on what it costs to hold or repay, not on the size of the welcome offer. For loans that means APR plus fees. For cards that means annual fee plus the rate on a carried balance. For savings that means APY net of minimums and fees.
Published terms only
Rates come from the provider's own published terms. Each number carries a source link and the date it was checked. If a provider does not publish the number, the field stays empty instead of being estimated.
Compensation never ranks
Placement is computed from published rates, fees, and terms before any compensation data is applied. A product with no affiliate program can rank first, and a high payout never moves a row up.