10 of the Easiest Personal Loans to Get

PersonalLoans is a loan aggregator instead of a lender. After you enter your pertinent information, it will go to work finding the best option for your credit profile. In other words, it’ll do a lot of the legwork in finding you an approval.

PersonalLoans doesn’t require a minimum credit score to qualify for a loan. According to Badcredit.org, lenders are generally matched with borrowers who don’t have a history of late payments (including current accounts over 60 days late), charged-off accounts, recent bankruptcies, or debt that can’t be covered by your income.

Upgrade is useful for a variety of personal loans, but it’s possible to stack discounts to sharply lower debt-consolidation–loan interest rates in particular. When you elect to have Upgrade pay off at least half of your debt directly, you can get a discount of up to 3 percentage points. Plus, you’ll get a 0.5 percentage-point discount when enrolling in autopay. Finally, Upgrade says that you can get a further discount by using your car as collateral, although this can be risky, as you may lose the vehicle if you default on your loan.

Upgrade may charge an origination fee of up to 9.99% of your loan amount. It also has a potentially high APR, particularly if you don’t take advantage of the company’s various discounts.

If you’ve got a thin credit history, you’ll be relegated to lenders with below-average approval standards. Upstart may be a good choice for you, as it claims to factor in more than just your credit profile when considering your application. It also looks at characteristics such as employment and education.

Upstart charges an origination fee of up to 12% of your loan. Depending on how much you borrow, this could amount to a fee of several thousand dollars. Be sure to weigh that fee against any seemingly favorable APR you might be presented with.

Avant lends to potential borrowers with a credit score as low as 600. If your credit score is in the mid-500s, this is likely one of your only prospects. The tradeoff is a relatively low borrowing amount and potentially high interest rates.

Unfortunately, you’ll pay an administrative fee of up to 4.75%. It will be subtracted from your loan amount—meaning the dollar amount you receive will be lower than what you were approved for.

One thing that makes a personal loan easy to get is the ability to add a co-signer. Not all lenders allow this, but LendingClub does. Having a co-signer with a solid credit score and a commendable credit history will give you a great shot at an approval. That’s because the lender places the burden of repayment on the co-signer. Any missed payments will ding their credit—incentivizing them to ensure the bank gets its money back.

LendingClub offers personal loans for terms of two to five years. You'll also incur a fixed origination fee of 1% to 8% of your loan.

Another trick to make a personal-loan approval easier is to offer collateral to the lender. OneMain Financial allows you to offer up property (such as your car) to the bank as a means of convincing it to take a chance on you. That way, if you default on your loan, the bank can mitigate its losses by trying to liquidate your property.

When you apply for a loan with OneMain Financial, you’ll know if you qualify for a secured loan if you spot the word “secured” next to your offer.

It’s also worth noting that OneMain Financial has around 1,400 branches throughout most U.S. states. If you prefer to do business in person, this option is hard to beat.

LendingPoint states that it considers details outside of your credit profile to provide an application approval, similar to Upgrade. This presumably makes it an easier lender to work with for those with subpar credit.

After you’ve been approved, you could find yourself with a lower APR after just six months, as LendingPoint proactively assesses your credit to potentially drop your interest rates. As long as you’ve used your credit responsibly by making on-time payments and keeping your credit utilization low, you should be a candidate for a reduced APR. Watch the origination fee, however.

In short, EarnIn is a service that allows you to borrow against your upcoming paycheck. You’ll receive up to $100 per day, with a maximum of $750 purchased per paycheck. For example, if you’re paid bimonthly, you may be able to borrow up to $1,500 per month. This can be great in the rare instances that you need to pay a bill but aren’t particularly close to payday.

EarnIn doesn’t check your credit, so this is one of the few loans that you can use even if you don’t have a credit score. The service doesn’t even charge fees or interest—though the repayment terms are extremely tight; EarnIn will debit your bank account after your next paycheck hits to reimburse itself.

There are no fees to request money at “Standard” speed, which typically hits your bank account in a day or two. For emergencies, you can request “Lightning” speed, which takes around 30 minutes, for a fee.

While the company is conspicuously devoid of mandatory fees, EarnIn does encourage you to “tip” what you think is fair, helping to sustain the company voluntarily.

• Access up to $150/day, with a max of $750 between paydays. It’s the cash you’ve earned, ready when you need it.¹
• There’s no interest, no credit check, and no mandatory fees.² Tips are always optional. ¹
• Get money in your bank in minutes with Lightning Speed for a small fee, or in 1-3 business days at no cost.²
• Over 19M downloads — and counting

¹EarnIn is not a bank. Access limits are based on your earnings and risk factors. Available in select states. Terms and restrictions apply. Visit EarnIn.com for full details ²Expedited transfers available for a fee. Visit Earnin.com for full details.

Buy Now Pay Later (BNPL) services are a sort of short-term loan that allows you to split a payment over a series of weeks or months without paying interest. Popular BNPL options generally only give you a couple months to pay for your purchase interest-free. But PerPay gives you much more flexible terms—several months, in fact..

PerPay is good for those trying to build credit, as well. It doesn’t run your credit for approval; instead, it uses your current income information to figure out your spending limit. And if you opt for PerPay+ for a small monthly fee, PerPay will report your payment activity to all three major credit bureaus. This is a great way to build your credit (as long as you make timely payments).

One caveat: The service makes returning items a bit of a pain. You’ll deal with PerPay instead of the merchant when making returns. You’ll pay the original shipping cost, as well as a $10 return shipping fee. You’ll even need to pay a 5% restocking fee.