Best Personal Loans In the USA 2021

See our detailed reviews on the best personal loans in 2020, lending partners include SoFi, Upstart, and more.

Compare Personal Loans
By Ben Harper

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.

Best Personal Loans In the USA 2021
best personal loan

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


Best Personal Loans in the USA 2021
best personal loan 

LightStream personal loans: Best for low rates, fast funding

Loan Amount $5,000 - $100,000
APR $3.49% - 19.99% (lowest rates with auto-pay)
Minimum Credit Score 660
Funding Within Typically, by next business day
  • 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 Personal Loans: Best Personal Loans USA 2021
upstart personal loans

Upstart personal loans: Best option for fair to good credit borrowers

Loan Amount $5,000 - $30,000
APR $6.18% - 35.99%
Minimum Credit Score 620
Funding Within Typically, by next business day
  • Pros: Low rates, available to lower credit borrowers
  • Cons: Cannot borrow more than $30,000
See Your Rates - No Impact On Credit Score


SoFi Personal Loans: Best Personal Loans USA 2021
sofi personal loans

SoFi personal loans: One of the best online customer experiences

Loan Amount $5,000 - $100,000
APR $5.99% - 21.99%
Minimum Credit Score 680
Funding Within 3 business days
  • Pros: No fees, competitive rates, good online experience
  • Cons: Might not be ideal for low credit borrowers
See Personalized Rates - No Impact On Credit Score


Prosper Personal Loans 2021
proser personal loans

Proser personal loans: Best for fast, convenient funding

Loan Amount $2,000 - $40,000
APR $6.95% - 35.99%
Minimum Credit Score 640
Funding Within 3 days
  • Pros: Easy online experience, no pre-payment penalties
  • Cons: Origination fee
See Your Offers - No Impact On Credit Score

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!

Get Competitive Personal Loan Offers In Minutes

Compare rates from multiple vetted lending partners. Discover your lowest eligible rate.

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Ben Harper

Ben is a personal finance writer with SimpleDirect, where he focuses on topics such as personal loans, credit cards, and offering financing.

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Best personal loan options

Lending PartnerAPRLoan Amount
Upstart Personal Loans by SimpleDirect9.99 - 35.99%$1k - $35kApply Now
Avant Personal Loans by SimpleDirect9.99 - 35.99%$2k - $35kApply Now
Sofi Personal Loans by SimpleDirect5.99 - 16.19%$5k - $100kApply Now
Prosper Personal Loans by SimpleDirect7.95 - 35.99%$1k - $35kApply Now

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