TIER:6
UNSECURED LOANS
SOFI BANK
HIGHLIGHTS
-joint loan options + multi-rate discounts
Recommended Credit
300 - 850 (Bad - Excellent)
LOAN CAP
$5,000 - $100,000
REPORTS TO:
-
ALL BUREAUS
TERMS:
-
UNSECURED PERSONAL LOAN
In addition to offering a large range of loan amounts and adjustable repayment terms, SoFi's personal loans also come with exclusive benefits like free financial planning and estate planning savings. These are the typical characteristics of a five-star lender. SoFi loans can be utilized for regular expenses like debt reduction, as well as unique events like weddings, travel, adoption, and IVF treatments.
Borrowers may choose to pay an origination charge of up to 7% of the loan amount, but there are no mandatory fees. Prior to loan disbursement, the charge amount is subtracted from the loan proceeds.
TIER:6
UNSECURED LOANS
LIGHTSTREAM
HIGHLIGHTS
-NO FEES + RATE DISCOUNT FOR AUTOPAY
Recommended Credit
660 - 850 (FAIR - Excellent)
LOAN CAP
$5,000 - $100,000
REPORTS TO:
-
ALL BUREAUS
TERMS:
-
UNSECURED PERSONAL LOAN
With credit ratings more than 690, LightStream provides fee-free unsecured personal loans to individuals with good to exceptional credit. There is a large range of loan amounts available, and borrowers can increase their eligibility for a lower interest rate or a larger loan amount by adding a co-borrower.
One of LightStream's numerous user-friendly features is the ability for borrowers to select when they get their money. After your home renovation loan application has been approved, money may be deposited into your account as soon as that day or up to 90 days later. Setting a later fund date gives you more time to organize your initial payment or make sure your loan is in line with your necessary spending.
TIER:6
UNSECURED LOANS
discover
HIGHLIGHTS
-fast funding + no origination fees
Recommended Credit
660 - 850 (FAIR - Excellent)
LOAN CAP
$2,500 - $40,000
REPORTS TO:
-
ALL BUREAUS
TERMS:
-
UNSECURED PERSONAL LOAN
For consumers with decent or exceptional credit (scores more than 689), Discover provides unsecured personal loans. Loans are accessible everywhere in the country and can be utilized for nearly anything.
Applications for personal loans are accepted by Discover online or over the phone with a loan consultant. Borrowers can control loan installments using a mobile app, and Discover can deposit funds in as little as one business day if the loan is approved.
Discover doesn't give rate breaks as some of its rivals do, but it does provide other benefits like flexible terms and a free credit scorecard every month.
TIER:6
UNSECURED LOANS
UPSTART
HIGHLIGHTS
-fast funding + OPTIONS TO CHANGE PAYMENT DATE
Recommended Credit
300 - 850 (BAD - Excellent)
LOAN CAP
$1,000 - $50,000
REPORTS TO:
-
ALL BUREAUS
TERMS:
-
UNSECURED PERSONAL LOAN
Upstart is an online lending marketplace that arranges personal loan funding between borrowers and banks/credit unions. Upstart offers loans, which are a quick but relatively rigid source of funding. While Upstart offers some of the quickest funding and approval periods among lenders, it does not provide joint or co-signed loans.
Upstart uses its underwriting process to set itself apart from other online lenders. The business qualifies borrowers using artificial intelligence and unconventional data, such as residency, employment history, and college degree. Banks and other more conventional lenders primarily consider a borrower's assets, income, debts, and credit history.
TIER:6
UNSECURED LOANS
LENDING CLUB
HIGHLIGHTS
-flexible pAYMENTS + JOINT LOAN OPTIONS
Recommended Credit
600 - 850 (fair - Excellent)
LOAN CAP
$1,000 - $40,000
REPORTS TO:
-
ALL BUREAUS
TERMS:
-
UNSECURED PERSONAL LOAN
Borrowers with good or fair credit who want to finance significant purchases or consolidate debt can apply for LendingClub personal loans. Because it provides a rate reduction and direct payment to creditors on debt consolidation loans, this lender is particularly well-suited for debt consolidation.
LendingClub loans stand out for their flexibility, transparency, and credit report information even though they aren't the lowest cost option.
Welcome to Unsecured Personal LoanS, your go-to resource for finding the best loan options tailored to your needs. Our platform allows you to easily search through a variety of loans and lenders, ensuring you find the perfect match for your financial situation. Unsecured personal loans are crucial for handling unexpected expenses, consolidating debt, or making significant purchases without needing collateral. The benefits include fast approval, fixed interest rates, and flexible usage of funds. With SmartWealth, securing the right loan has never been easier, empowering you to achieve your financial goals with confidence and ease.