The Best Personal Loans 2021 - Find the Lowest Loan Rates

We help you find the best personal loans and apply online. With Financer.com you can:

  • Use our online loan comparison tool
  • Compare personal loan rates from multiple lenders
  • Apply for a personal loan of up to $50,000

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Borrow $5,000 with a period of 1 Year.
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Amount: $5,000 | Period: 1 Year
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We found 19 personal loans

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Choose your state

Chosen 215 times

Chosen 215 times

Loan Amount

$5,000

APR:

4.99% - 1,386.00%

Total Payment

$5,136.17

for 1 year

Monthly payback

$428.01

for 1 year

Open right now

Customer type:

All

Borrow up to

$35,000

Estimated Payback

11/09/2022

Weekend Payout

Age

18

0 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

recommended

Chosen 71,863 times

recommended

Chosen 71,863 times

Loan Amount

$5,000

APR:

5.99% - 35.99%

Total Payment

$5,163.71

for 1 year

Monthly payback

$430.31

for 1 year

Open right now
Most chosen

Customer type:

All

Borrow up to

$5,000

Estimated Payback

11/09/2022

Weekend Payout

Age

18

25 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

recommended

Chosen 22,165 times

recommended

Chosen 22,165 times

Loan Amount

$5,000

APR:

5.99% - 35.99%

Total Payment

$5,163.71

for 1 year

Monthly payback

$430.31

for 1 year

Best reviews

Customer type:

All

Borrow up to

$35,000

Estimated Payback

11/09/2022

Weekend Payout

Age

18

9 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Chosen 19,656 times

Chosen 19,656 times

Loan Amount

$5,000

APR:

5.99% - 35.99%

Total Payment

$5,163.71

for 1 year

Monthly payback

$430.31

for 1 year

Customer type:

All

Borrow up to

$10,000

Estimated Payback

11/09/2022

Weekend Payout

Age

18

19 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

recommended

Chosen 3,842 times

recommended

Chosen 3,842 times

Loan Amount

$5,000

APR:

5.99% - 35.99%

Total Payment

$5,163.71

for 1 year

Monthly payback

$430.31

for 1 year

Open right now

Customer type:

All

Borrow up to

$35,000

Estimated Payback

11/09/2022

Weekend Payout

Age

18

8 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

Show all 19 offers
$5,000
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How To Compare Personal Loans

How To Compare Personal Loans
1
Choose your loan amount
Select how much you would like to borrow.
2
Compare available options
Filter the results based on your criteria and compare the best personal loan rates.
3
Choose an offer
Find the best personal loan for your loan needs.
4
Complete the application
Click Get Started to fill in your loan application.

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Why Compare Personal Loans At Financer.com?

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Completely Free Comparison
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Instant Results Without Credit Check
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Read Genuine Customer Reviews
Find The Cheapest & Best Rated Personal Loans
Find The Cheapest & Best Rated Personal Loans
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What Customers Say About Us

4.60 based on 272 reviews

from Reviews.io

What Is a Personal Loan?

A personal loan is money that you borrow from a bank, credit union, or online lender and repay in fixed installments. You can use the money for any personal purposes, like funding big purchases, paying for unexpected expenses, or consolidating high-interest debts.

Repayments on low interest personal loans differ from credit card debt repayments. A personal loan requires you to make fixed-amount payments for a set period of time before the debt is fully repaid.

Make Your Dreams Come True

An online personal loan can help you fulfill your dreams or when you need cash for large purchases.
Wedding
Wedding
Holiday
Holiday
Car
Car
Home Improvement
Home Improvement
Shopping
Shopping
Bills
Bills

Tips for Applying for Personal Loans

If you've decided 'I need a loan,' you've already made the decision to get a personal loan, so now it's time to find out if you qualify.

Before applying for a personal loan, make sure you have gathered all of the necessary information you may need for your loan application.

Most online personal loan lenders will accept digital versions or get this data automatically when applying online, but sometimes you have to submit the following information:

  • Proof of identity: A copy of your driver's license, passport, or Social Security number
  • Income & employer verification: Tax returns, pay stubs, or bank statements
  • Proof of address: Utility bill, lease, rental agreement, or voter registration card

The Advantages of Online Personal Loans

Online Personal Loans Are Convenient
Online Personal Loans Are Convenient
Get Funds As Soon As The Same Day
Get Funds As Soon As The Same Day
Apply Anywhere, Anytime
Apply Anywhere, Anytime
Less Paperwork Required
Less Paperwork Required

Find Your Personal Loan at Financer.com

Financer.com helps you compare the best personal loans and get the lowest personal loan rates from leading U.S. lenders.

We look for lenders that offer full transparency and have a long track record of successful lending and satisfied customers. We are always improving our comparisons, but are confident in what we can bring to market, and we know you will be as well.

Use our free loan comparison tool to find the right personal loan and take the guesswork out of doing all the legwork yourself.

Got Questions About Loans? Find the Answer Here!

What are the requirements for getting a personal loan?

Your loan repayment terms are based on factors like trustworthiness, your credit history, and your debt to income ratio. Each lender sets its own requirements to qualify. However, the general requirements are:

  • Be 18 years old or older
  • Be a U.S. citizen or permanent resident with a valid Social Security number
  • Have a steady income
  • Have a good credit score

You can also compare loans with bad credit and loans with no income.

What interest rate can I expect on my personal loan?

Personal loan interest rates are very competitive and the national average is currently around 6-7%.

In fact, compared with credit cards, personal loan interest rates are often quite a bit lower. To compare personal loan offers and find the best rates check out our personal loan comparison tool.

How much can I borrow with a personal loan?

Personal loan amounts typically range from $1,000 to $50,000. The amount you can qualify for depends on your credit score, debt-to-income ratio, as well as lender specific requirements.

Find your rate through our personal loan comparison.

Where can I get a personal loan ASAP?

You can search lenders in our personal loan comparison and apply directly through their websites from the comfort of your own home

How old do I have to be to get a personal loan?

In most states, you have to be 18 years old. But in Nebraska and Alabama, the legal age for a personal loan is 19 years old.

Does using Financer.com affect my credit score?

No. At Financer.com we do not do a credit check for you to use our comparison tools. The personal loan comparison tool is free to use and no sign up is required to see the results.

Can I get a personal loan with bad credit?

Having bad credit will affect your online personal loan approval chances. However, some online lenders do offer lending services to customers with low credit scores.

Can I get a personal loan with no credit check?

You might see personal loan lenders online that offer loans without a credit check, and this is true- there are lenders online that won’t do what is called a “hard pull” of your credit score. A hard pull is when the credit bureaus receive a request for your credit history from a potential lender.

People generally want to avoid credit checks because a hard credit check will reduce their credit score. Other reasons are that they already have bad credit or they owe a lot of money already. Lenders will do a soft pull of your credit score and base their ability to lend to you on whatever shows up. A soft pull is a check that isn’t reported to credit bureaus so it won’t affect your credit score.

So while there are lenders on the market that will advertise “no credit checks on your personal loan”, this doesn’t mean “no checks whatsoever”.

What Is an APR?

APR or annual percentage rate takes into account both the interest rate and any lender fees to provide a more accurate view of the total cost of your loan. An APR comparison is a good way to compare the affordability and reliability of various personal loans. There are generally two types of APR:

  1. Variable APR - The APR varies according to market fluctuations, so you won't know for sure what your monthly payments are going to be in the future because the APR might increase or decrease.
  2. Fixed APR - Fixed APR is agreed in the loan contract and stays the same throughout the loan term. You will know your monthly installments and payoff date in advance and it won't be changed by the APR.
What are unsecured personal loans?

Personal loans are typically loans that are not secured. Meaning that there is no collateral for someone to collect upon should you fail to meet payments. You don’t need to own a home or offer up other forms of collateral (like your car title) in order to get a loan. You will still need to qualify for the loan based on your income and credit score though. Since these loans aren’t tied to your personal property, in the unlikely event that you can’t repay the loan and go into default, you don’t run the risk of foreclosure or repossession.

What are the advantages of online personal loans?

Applying for low interest personal loans online can provide you with several benefits.

Personal loans online are more convenient; an online lender can often give you a decision instantly, depending on the loan amount. Online lending is becoming very popular with consumers as many lenders offer same-day approvals and payouts. 

When you compare online lenders to banks and credit unions where you have to apply during business hours, and it can take up to two weeks to finalize your application.

What happens if I can't pay back my loan?

If you fail to meet payments, you can expect to incur late payment charges. Long-lasting outstanding delinquency will likely get reported to the credit bureaus and sent into collections affecting your credit score. Contact the lender immediately if you face difficulties making your payments.

Is it possible to pay off my personal loan early?

Yes, you can pay off your loan early. With most lenders, there typically isn’t a penalty for early loan repayment, however, some lender might charge a fee.

Are personal loans considered revolving debt?

Personal loans aren’t revolving debt. Rather, personal loans are considered installment debt. When reporting on your credit, they won’t show up the same way a maxed-out credit card would. They also contribute to your account type mix, showing creditors that you can responsibly manage different types of debt.

In fact, having an installment loan is a great way to build or re-build your credit because the monthly payments and personal loan rates are fixed and therefore lower risk.

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