Nicole Dow
Ronita Choudhuri-Wade
Laura McMullen
The best personal loans for good credit have low rates, plus perks like fast funding, no fees and large loan amounts. Pre-qualify with multiple lenders to compare rates and terms.
Checking rates is free and won't impact your credit score.
Best for good-credit loans overall
6.99 - 35.99%
$2K - $50K
600
3 to 5 years
Best Egg is worth considering for borrowers looking for a secured loan or to consolidate debt.
Read our review of Best EggBest Egg is worth considering for borrowers looking for a secured loan or to consolidate debt.
Read our review of Best EggBest for debt consolidation
7.89 - 18.00%
$500 - $50K
None
6 months to 7 years
First Tech Credit Union personal loans are a solid option for members seeking maximum flexibility.
Read our review of First Tech Credit Union Personal LoanFirst Tech Credit Union personal loans are a solid option for members seeking maximum flexibility.
Read our review of First Tech Credit Union Personal LoanBest for fast funding
2025 NerdWallet award winner
7.99 - 24.99%
$2.5K - $40K
660
3 to 7 years
With competitive rates and no fees, Discover personal loans are good for borrowers with good and excellent credit.
Read our review of Discover® Personal Loans - Out of DateWith competitive rates and no fees, Discover personal loans are good for borrowers with good and excellent credit.
Read our review of Discover® Personal Loans - Out of DateBest for low rates and home improvement projects
2025 NerdWallet award winner
6.49 - 24.89%
$5K - $100K
660
2 to 7 years
LightStream is a solid option for good- and excellent-credit borrowers, with no fees and a promise to beat competitors’ rates.
Read our review of LightStreamLightStream is a solid option for good- and excellent-credit borrowers, with no fees and a promise to beat competitors’ rates.
Read our review of LightStreamBest for high loan amounts
2025 NerdWallet award winner
8.74 - 35.49%
$5K - $100K
None
2 to 7 years
SoFi offers large online personal loans with consumer-friendly features for good- and excellent-credit borrowers.
Read our review of SoFi Personal LoanSoFi offers large online personal loans with consumer-friendly features for good- and excellent-credit borrowers.
Read our review of SoFi Personal LoanBest for no fees
9.99 - 19.49%
$2K - $30K
Undisclosed
1 to 5 years
Citibank personal loans come with no fees and multiple rate discounts, but you may find more flexible options elsewhere if you have strong credit.
Read our review of CitibankCitibank personal loans come with no fees and multiple rate discounts, but you may find more flexible options elsewhere if you have strong credit.
Read our review of CitibankOur team of consumer lending experts follows an objective and robust methodology to rate lenders and pick the best.
30+
Lenders reviewed
We review over 35 lenders, including major banks, top credit unions, leading digital platforms, and high interest installment lenders operating across multiple states.
25+
Categories assessed
Each lender is evaluated across five weighted categories and 27 subcategories, covering affordability, eligibility, consumer experience, flexibility, and application process.
60+
Data points analyzed
Our team tracks and reassesses hundreds of data points annually, including APR ranges, fees, credit requirements, and borrower tools, ensuring up to date, accurate comparisons.
We evaluate more categories than competitors and carefully weigh how each factor impacts your experience.
NerdWallet’s review process evaluates and rates personal loan products from more than 30 financial technology companies and financial institutions. We collect over 60 data points and cross-check company websites, earnings reports and other public documents to confirm product details. We may also go through a lender’s pre-qualification flow and follow up with company representatives. NerdWallet writers and editors conduct a full fact check and update annually, but also make updates throughout the year as necessary.
Our star ratings award points to lenders that offer consumer-friendly features, including: soft credit checks to pre-qualify, competitive interest rates and no fees, transparency of rates and terms, flexible payment options, fast funding times, accessible customer service, reporting of payments to credit bureaus and financial education. Our ratings award fewer points to lenders with practices that may make a loan difficult to repay on time, such as charging high annual percentage rates (above 36%), underwriting that does not adequately assess consumers’ ability to repay and lack of credit-building help. We also consider regulatory actions filed by agencies like the Consumer Financial Protection Bureau. We weigh these factors based on our assessment of which are the most important to consumers and how meaningfully they impact consumers’ experiences.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for personal loans and our editorial guidelines.
Most personal loan lenders check applicants' credit scores to evaluate their ability to repay the loan. A good credit score (from the mid-600s to mid-700s) often indicates a borrower is likely to make on-time payments.
This means good-credit applicants typically qualify for personal loans with low annual percentage rates (APRs) and favorable terms.
When curating this list of the best personal loans for good credit, we considered lenders’ minimum credit score requirements along with their affordability, loan amounts and other helpful features.
Here’s what makes each of our picks stand out:
Best Egg loans have many favorable features, including relatively low starting rates, wide loan amounts and fast funding. Borrowers who secure a Best Egg personal loan with a vehicle or home fixture may qualify for lower rates or higher loan amounts.
First Tech, like all federal credit unions, caps its APRs at 18%. If the rates on your credit cards or other unsecured debt are more than 18%, you could save money by consolidating your debt with a First Tech loan.
This lender also doesn’t charge an origination fee, so you won’t have to pay a cost to process the loan. Another helpful feature: First Tech will send your loan funds directly to your creditors, so you don’t have to do that step.
Discover offers same-day funding if funds are deposited into a Discover account. For non-Discover customers, next-day funding is available, which is still relatively fast.
LightStream has one of the lowest starting rates of the lenders NerdWallet reviews. Plus, it pledges to beat any competitor’s lower rate offer by 0.10 percentage points.
This lender is fitting for home improvement projects, because it has extended loan terms of up to 20 years for home improvement loans of $25,000 or more. The lender provides loans of up to $100,000, which can fund a major home renovation.
The maximum loan amount for a SoFi personal loan is $100,000, which can cover a wide variety of borrowing needs. Many personal loans lenders cap borrowing to $50,000 or less.
Citi charges no origination fees, late fees or prepayment penalties. This means there are no added costs beyond the loan principal and interest.
The lowest personal loan rates are often reserved for borrowers with high credit scores and low debt-to-income ratios.
In 2024, the average personal loan APR for good-credit borrowers was 14.48%, according to aggregate, anonymized offer data from users who pre-qualified through NerdWallet. The APR you receive may vary from that average.
Each lender has its own underwriting process — or system for determining loan approval. Pre-qualify for a personal loan with multiple lenders, so you can compare rates and terms.
Once you know your estimated APR, you can plug it into a personal loan calculator, along with your desired loan amount and repayment term, to figure out your estimated monthly payments.
Review your budget to ensure you can comfortably afford your loan payments plus your other financial obligations.
Estimated monthly payment
$309.92
Total interest over 3 years
$1,156.95
Total loan payment
$11,156.95
Loan amount
$10,000
Interest rate
7.25%
Loan term (years)
3
A good credit score could get you loan offers from multiple lenders. Consider these factors to choose the right loan for your plans:
Rates: If you have good credit, it pays to shop around for the best combination of low rates and fees. Many lenders let you pre-qualify with a soft credit check. This allows you to check rates without affecting your credit score.
Consider different types of lenders. Online lenders offer fast funding and a streamlined application process. Credit unions and banks sometimes offer lower rates, but you may need to be an existing customer.
Loan amount: Personal loans tend to range from about $1,000 to $50,000, though some lenders offer up to $100,000. Determine how much you need to borrow, and make sure the lenders you’re considering offer that loan amount.
Loan term: Personal loan repayment terms are generally from two to seven years. Some lenders offer extended terms for specific purposes like home improvement.
A shorter loan term means you'll pay less total interest on the loan. A longer term lowers your monthly payments.
Additional loan features: Special features — like same-day funding, a mobile app or the option to have funds sent directly to your creditor for debt consolidation — can set one lender apart from others.
» MORE: Features to compare in a personal loan
Though pre-qualifying for a personal loan typically won’t hurt your credit score, a lender will conduct a hard credit check when you formally apply. This can cause your score to drop a few points.
Making on-time loan payments, however, can build your score. Payment history represents 35% of an individual’s credit score, according to the credit scoring company FICO.
Conversely, a missed payment can cause your score to drop significantly — potentially by as much as 100 points or more. That’s why it’s important to choose a loan with monthly payments you can afford.
A personal loan could also build your credit score if you don’t have other forms of installment credit, such as a student loan or auto loan. In that case, getting a personal loan diversifies your credit mix, which can have a small, positive impact on your score.
» MORE: How does a personal loan affect your credit score
While a good credit score may qualify you for low personal loan rates, consider alternatives to ensure you’re getting the best deal.
Zero-interest credit card: A 0% APR credit card lets you borrow at no cost, as long you pay the card’s balance within the introductory period — typically 15 to 21 months. Most zero-interest cards require good or excellent credit.
Personal line of credit: A personal line of credit functions like a mix between a personal loan and a credit card. During the “draw” period, you borrow against your credit limit as needed and make payments. You can borrow more as your balance replenishes.
Your monthly payments and interest costs are based on your outstanding balance. Once the draw period ends, you just make monthly payments until the balance is repaid.
Home equity financing: With a home equity loan or home equity line of credit, you can borrow against your home’s equity. Your equity is the home’s value minus what you owe on it.
Equity financing options usually have lower rates and longer repayment terms than personal loans. Your home is collateral for this type of financing. This means the lender could take your property if you default.
Pre-qualify for a personal loan through NerdWallet to get loan offers from some of our trusted partners. Pre-qualifying is fast, free and does not affect your credit score.
Answer a few questions about yourself and your desired loan, and you can receive personalized results within minutes. Compare rates and terms to choose the best offer for you.
Nerdy Tip
Check your credit score for free through NerdWallet.
If your score tops the good-credit range, check out our list of the best personal loans for excellent credit (scores in the high 700s and above).
If your credit score is lower than the good-credit range, see our list of the best personal loans for fair credit (scores from the mid-500s to the low 600s).
Good credit scores range from the mid-600s to mid-700s. The credit score you need for a personal loan can vary by lender and the reason you're borrowing. The best personal loan rates and terms are reserved for those with good or excellent credit.
When you're ready to apply for a personal loan, pre-qualify and compare offers from multiple lenders to make sure you're getting the best rates and terms available.
