Personal loans are a popular way to cover unexpected expenses, consolidate debt, or fund big purchases.
But with so many options available, finding the best personal loans with low interest rates is key to saving money over time.
In 2025, the rise of digital lending has made it easier than ever to apply through your phone, with many of the top 10 loan apps in USA offering fast approval and competitive APRs.
In this article, we’ll break down 10 Best personal loans with low interest rates in USA, helping you compare and choose the right lender based on your needs.
Whether you're seeking traditional loans or more modern app-based solutions, we’ll guide you through your options for securing a personal loan with low interest rates that suits your financial needs.
Why Low Interest Rates on Personal Loans Matters
When choosing personal loans in the USA, securing a low interest rate is crucial. Here’s why:
Lower total cost: Interest rates directly affect how much you repay over time.
Save money on large loans: Even if monthly payments seem affordable, high rates increase total interest paid.
Example:
- $10,000 loan for 3 years at 10% interest = $1,616 interest
- Same loan at 5% interest = $788 interest
- Save over $800 by choosing a lower rate.
Faster debt payoff: More of your payment goes toward the principal, reducing loan length.
Better financial health: Lower interest reduces overall borrowing costs and financial stress.
Compare personal loan rates carefully. Opting for the lowest interest rate can save you significant money and improve your financial future.
10 Best personal loans with low interest rates in USA (2025)
When it comes to borrowing money, securing a personal loan with a low-interest rate can save you hundreds, if not thousands, of dollars in the long run.
Low-interest loans allow you to focus more on repaying the principal amount rather than getting bogged down by high interest costs.
If you're in the market for a personal loan, it's important to compare various lenders to find the best deal.
Here’s a list of the 10 best personal loans with low interest rates in USA in 2025, each offering competitive rates, flexible terms, and transparent fees.
1. SoFi Personal Loans
SoFi offers personal loans ranging from $5,000 to $100,000. APRs range from 5.99% to 17.25%. Loan terms last between 24 and 84 months.
There are no fees. SoFi is ideal for borrowers with strong credit. It also offers member perks. Unemployment protection is included.
| APR Range |
5.99% - 17.25% |
| Loan Amounts |
$5,000 - $100,000 |
| Loan Terms |
24 to 84 months |
| Origination Fee |
None |
| Minimum Credit Score |
680 |
| Key Features |
No fees, Unemployment protection, Member benefits |
2. LightStream by Truist
LightStream provides loans from $5,000 to $100,000 with APRs as low as 5.73%. With loan terms up to 144 months and no fees, it’s ideal for excellent-credit borrowers looking to finance major purchases.
| APR Range |
5.73% - 19.99% |
| Loan Amounts |
$5,000 - $100,000 |
| Loan Terms |
24 to 144 months |
| Origination Fee |
None |
| Minimum Credit Score |
680+ |
| Key Features |
Same-day funding, No fees, Rate beat program |
3. Marcus by Goldman Sachs
Marcus loans range from $3,500 to $40,000 with APRs between 6.99% and 24.99%. There are no fees at all, and borrowers can get a 0.25% discount for setting up autopay. Great for those with a credit score of 660 and above.
| APR Range |
6.99% - 24.99% |
| Loan Amounts |
$3,500 - $40,000 |
| Loan Terms |
36 to 72 months |
| Origination Fee |
None |
| Minimum Credit Score |
660 |
| Key Features |
No fees, Autopay discount, Flexible repayment options |
4. Discover Personal Loans
Discover offers personal loans from $2,500 to $35,000 with APRs from 6.99% to 24.99%. Loan terms run 36 to 84 months, and there are no prepayment or origination fees. U.S.-based support and easy online management make it user-friendly.
| APR Range |
6.99% - 24.99% |
| Loan Amounts |
$2,500 - $35,000 |
| Loan Terms |
36 to 84 months |
| Origination Fee |
None |
| Minimum Credit Score |
660+ |
| Key Features |
Fixed monthly payments, U.S. support, No prepayment penalty |
5. Upstart Personal Loans
Upstart offers loans from $1,000 to $50,000 with APRs from 7.99% to 35.99%. Loan terms are 24 to 84 months, and approval is AI-powered. It's great for those with limited credit history but stable income. Fast funding in 1-2 business days.
| APR Range |
7.99% - 35.99% (with discounts) |
| Loan Amounts |
$1,000 - $50,000 |
| Loan Terms |
24 to 84 months |
| Origination Fee |
1.85% - 9.99% |
| Minimum Credit Score |
580 |
| Key Features |
AI approval, Great for limited history, Fast funding |
6. Payoff Personal Loans
Payoff focuses on credit card debt consolidation, offering personal loans from $5,000 to $40,000 with APRs between 5.99% and 24.99%. Terms range from 24 to 60 months.
There’s no late fee or prepayment penalty, and loans are designed to help borrowers improve credit. A minimum credit score of around 640 is recommended, making it a great option for responsible borrowers looking to eliminate high-interest credit card debt.
| APR Range |
5.99% - 24.99% |
| Loan Amounts |
$5,000 - $40,000 |
| Loan Terms |
24 to 60 months |
| Origination Fee |
0% - 5% |
| Minimum Credit Score |
640 |
| Key Features |
Great for debt consolidation, Credit monitoring tools, No late fees |
7. Best Egg Personal Loans
Best Egg offers personal loans between $2,000 and $50,000 with competitive APRs ranging from 5.99% to 29.99%. Loan terms span 36 to 60 months.
Designed for borrowers with a minimum credit score of 640, Best Egg is a solid option for debt consolidation, home improvement, or major expenses.
Origination fees range from 0.99% to 8.99%, and borrowers can enjoy fast approval and funding—often as soon as the next business day.
| APR Range |
5.99% - 29.99% |
| Loan Amounts |
$2,000 - $50,000 |
| Loan Terms |
36 to 60 months |
| Origination Fee |
0.99% - 8.99% |
| Minimum Credit Score |
640 |
| Key Features |
Fast funding, Transparent terms, Great for credit consolidation |
8. LendingClub Personal Loans
LendingClub offers personal loans from $1,000 to $40,000 with APRs ranging from 6.95% to 35.89%. Terms are available for 36 or 60 months.
As a peer-to-peer lending platform, LendingClub connects borrowers with individual investors. It's best suited for borrowers with fair to good credit, offering flexible loan uses like debt consolidation or emergency expenses.
Origination fees range from 1% to 6%, and the minimum credit score required is around 600.
| APR Range |
6.95% - 35.89% |
| Loan Amounts |
$1,000 - $40,000 |
| Loan Terms |
36 or 60 months |
| Origination Fee |
1% - 6% |
| Minimum Credit Score |
600+ |
| Key Features |
Peer-to-peer lending, Flexible usage, Ideal for debt consolidation |
9. OneMain Financial Personal Loans
OneMain Financial specializes in personal loans for borrowers with fair or poor credit, offering loan amounts from $1,500 to $20,000. APRs range from 18.00% to 35.99%, with loan terms of 24 to 60 months.
OneMain provides both secured and unsecured loan options, with the potential for same-day funding. While origination fees vary by state, the in-person application process makes it a solid option for those who prefer face-to-face service and need flexible loan options.
| APR Range |
18.00% - 35.99% |
| Loan Amounts |
$1,500 - $20,000 |
| Loan Terms |
24 to 60 months |
| Origination Fee |
Varies by state |
| Minimum Credit Score |
No set minimum (based on full profile) |
| Key Features |
Secured and unsecured loans, In-person service, Same-day funding possible |
10. Rocket Loans (Quicken Loans)
Rocket Loans offers personal loans from $2,000 to $45,000 with APRs ranging from 7.13% to 29.99%. Loan terms are available in 36 or 60 months. Rocket Loans provides fast online approval and funding, often on the same day, making it a great option for urgent needs.
With a minimum credit score of 640+, this is an ideal choice for borrowers who need quick and flexible financing, particularly for emergencies or major purchases.
| APR Range |
7.13% - 29.99% |
| Loan Amounts |
$2,000 - $45,000 |
| Loan Terms |
36 or 60 months |
| Origination Fee |
1% - 6% |
| Minimum Credit Score |
640+ |
| Key Features |
Same-day funding, Fast online approval, Ideal for emergencies |
How to Choose the Best personal loans with low interest rates in USA
Selecting the best personal loan with low interest rates can save you significant amounts of money in the long run. Here’s a quick guide to help you decide:
Check Your Credit Score: Most lenders offer the lowest rates to borrowers with excellent credit. If your credit is less than stellar, you may want to work on improving your score before applying.
Compare Lenders: Don’t settle for the first loan offer. Compare interest rates, loan terms, fees, and customer reviews to find the best deal.
Consider Loan Terms: While lower rates are important, make sure the loan term suits your financial goals. A longer loan term might come with a lower monthly payment, but it could also result in higher total interest over time.
Check for Fees: Some lenders charge origination fees or early repayment penalties. Make sure you understand all the costs involved before agreeing to the loan.
Look for Flexibility: Ensure the lender offers flexible repayment options that suit your budget and financial situation.
Final Thoughts
Securing a personal loan with a low-interest rate can significantly reduce your financial burden and help you achieve your financial goals faster.
Whether you’re consolidating debt, making a major purchase, or paying for an unexpected expense, choosing the right loan is crucial to your financial health.
The personal loans listed above offer some of the best interest rates available in the USA in 2025. Be sure to compare your options, review the loan terms carefully, and apply for the loan that works best for your financial needs.
Frequently Asked Questions (FAQs)
1. Which bank offers the lowest interest rates on personal loans?
Interest rates vary by credit score and location. Some top lenders with competitive rates include LightStream, SoFi, Marcus by Goldman Sachs, and Upstart. These lenders typically offer rates from about 5% to 10% for borrowers with good credit.
2. Which banks provide personal loans with low interest rates for bad credit?
If you have bad credit, lenders like OneMain Financial, Avant, and Upstart may be options. They usually offer higher rates than prime lenders, but rates can start around 20% or lower depending on your situation. It’s best to shop around and compare offers.
3. What is the average interest rate on personal loans in the USA?
The average interest rate generally ranges from 10% to 28%. Borrowers with strong credit scores get rates near the lower end, while those with weaker credit may pay more. Rates vary depending on credit, loan amount, and lender.
4. How can I qualify for a low-interest personal loan?
To qualify, maintain a good credit score 700 or higher. Show stable income and a low debt-to-income ratio. Lenders also consider your employment history and financial stability. Improving credit is the fastest way to get better rates.
5. What factors affect interest rates on personal loans?
Interest rates depend on your credit score, loan term, income, and debt levels. Lenders set rates based on risk. Secured loans with collateral usually have lower rates than unsecured ones. Shorter loan terms often mean lower interest rates.
6. Can I get a personal loan without a credit check?
Some lenders and peer-to-peer platforms offer loans without credit checks. These usually have much higher interest rates due to greater risk. Be cautious with payday lenders, as they often charge very high rates and fees.
7. What are the best personal loans for people with good credit?
Borrowers with good credit should consider LightStream, SoFi, and Marcus by Goldman Sachs. They offer competitive rates from 5% to 10%, no fees, and flexible terms. Many provide fast online approval and funding.
8. What is the typical loan term for personal loans?
Most personal loans range from 2 to 5 years. Some lenders offer terms from 1 up to 7 years. Shorter terms have higher monthly payments but lower total interest. Longer terms lower monthly payments but increase interest paid.
9. How do I compare personal loan offers effectively?
Compare interest rates, APRs, fees, and repayment terms. Look for origination fees, late fees, and prepayment penalties. Check lender reviews and customer service ratings. This helps you find the best overall loan for your needs.
10. Are there fees associated with personal loans?
Some loans have origination fees, usually 1% to 8% of the loan amount. Late payment fees apply if you miss payments. Some lenders charge prepayment penalties, but many do not. Application fees are rare but possible.