Best Personal Loans In the USA 2021

Times are tough and you might be looking for the best personal loan options near you. Look no further, we have looked through over 40 loan offerings, so you do not have to.

Before you begin:

Remember, it is always important to ask yourself what it is that you want from the loan.

• Do you intend this to be a long-term loan?
• Or is it a short-term loan?

Your answer to each of this will help narrow down your options.

If you are looking for something short-term and think you will be able to pay-off in less than two years, read about the Best 0% APR Credit Cards for October 2020

Reasons to get a personal loan:

• Home Improvement: Start your project without the wait
• Debt consolidation: Turn multiple monthly payments into one
• Emergencies: Life happens. We all need a little push at times like this.
• Other: Whether it be for a wedding, a vacation, or a new car, personal loans can be a good option if you take your time and compare your options!

Best Loan Options

LightStream

• Pros: Low rates, no fees, fast funding
• Cons: Might not be ideal for low credit borrowers

You can apply on SimpleDirect to see your personalized rates, without impacting your credit score here.

Upstart

• Pros: Low rates, available to lower credit borrowers
• Cons: Cannot borrow more than $30,000

SoFi

• Pros: No fees, competitive rates, good online experience
• Cons: Might not be ideal for low credit borrowers

Prosper

• Pros: Easy online experience, no pre-payment penalties
• Cons: Origination fee

These are the four personal loan options that our staff at SimpleDirect has identified. Each loan has perks that are ideal for what is most important to you, whether it be fast funding, lowest rates, or funding for fair credit history.

We recommend that you always compare your options before deciding on your lender. SimpleDirect looks through multiple lenders and presents you with the best personalized rates for you!