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August 1, 2022

What is the Maximum Personal Loan Amount I Can Get?

The maximum personal loan amount you can borrow depends on your lender, your credit history, and other factors.

You can use a personal loan calculator to determine how much you can afford in monthly payments. This can help ensure you will not be over-indebted.

Personal loans come in many amounts. The typical maximum personal loan amount is between $100 and $100,000. This doesn’t determine how much you’ll qualify for though, as lenders look at your creditworthiness when assessing your application.

So, how big of a personal loan can I get? Factors that affect the maximum amount you can borrow with a personal loan include the lender’s loan offerings, your debt and income, and your credit score.

People with higher credit scores generally qualify for better interest rates and loans that provide longer repayment terms. This has the benefit of giving you a bit more breathing room to maintain your repayment plan.

💡 Tip: With you can compare lenders, apply online, or use our personal loan payment calculator.

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Lorien is the Country Manager for Financer US and has a strong background in finance and digital marketing. She is a fintech enthusiast and a lover of all things digital.

Financial information reviewed byRoss Loehr - CFP®, MBA
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Last Updated: August 1, 2022

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