Best Personal Loans with Low Interest Rates in USA 2025

Finding personal loans with low interest rates has become one of the biggest priorities for borrowers in the USA in 2025. With inflation affecting everyday expenses and credit card APRs rising to historic highs, people are looking for low-interest personal loan options that can help them consolidate debt, cover emergencies, or finance major purchases without getting trapped in expensive interest payments. Fortunately, several lenders in the United States now offer low APR personal loans, flexible repayment terms, and transparent fee structures that make borrowing safer and more affordable.

However, getting the lowest interest rate personal loan is not always simple. Your credit score, income stability, existing debts, and loan purpose all influence the interest rate you ultimately receive. Borrowers with excellent credit might qualify for personal loans as low as 6 to 8 percent APR, while others may see higher rates depending on their credit profile. Understanding how lenders evaluate applications and knowing which banks and online lenders offer competitive personal loan rates can help you secure the best deal available.

In this detailed guide, we explore everything you need to know about choosing personal loans with low interest rates in the USA. You’ll learn how interest rates work, what factors influence them, how to improve your chances of approval, and how to compare lenders effectively. We also include actionable, beginner-friendly insights to help you access affordable personal loan options even if your credit is average or fair.

To help you make the right financial decision, this article provides:

• Expert guidance on how to qualify for low-interest personal loans
• A breakdown of the best low-rate lenders in the USA
• Practical tips for improving your creditworthiness
• Comparisons between online lenders, banks, and credit unions

Explore related guides, such as:

• Best Credit Cards for Building Credit
• 0 Percent APR Cards to Reduce Interest
• Top Cash Back Credit Cards USA 2025

Whether you're consolidating debt, planning a big purchase, or simply seeking a smarter borrowing option, this guide will help you navigate the world of low-interest personal loans with confidence.

What Are Low Interest Personal Loans?

Low interest personal loans are unsecured loans that come with reduced APRs, allowing borrowers to pay less in total interest over the loan’s lifetime. Unlike credit cards that often charge APRs between 20 to 29 percent, a low-interest personal loan typically starts from 6 to 12 percent APR depending on your credit history, income, lender type, and overall financial profile. These loans are designed to provide affordable borrowing options for individuals who want predictable monthly payments with minimal interest burden.

One of the biggest advantages of a low APR personal loan is that it has a fixed interest rate for the entire repayment period. This means your monthly installment remains the same, making budgeting easier and helping you avoid unpleasant financial surprises. Banks, online lenders, and credit unions all offer these loans, but the lowest personal loan interest rates are usually available to borrowers with strong credit scores and stable incomes.

Unlike secured loans that require collateral such as a car or home, low-interest unsecured personal loans don’t require you to pledge any assets. This makes the loan application process faster and more convenient. Many lenders offer quick online approvals, instant eligibility checks, and same-day or next-day funding, making them a popular choice for emergency expenses, debt consolidation, home improvement, medical bills, or planned purchases.

These loans are especially beneficial when compared to high-interest alternatives such as:

• Credit cards
• Payday loans
• Store financing
• Cash advance apps

Borrowers who want to reduce their interest payments, simplify their finances, or pay off debt faster often choose low rate personal loan lenders because they offer a balanced combination of affordability, transparency, and structured repayment.

Additionally, low interest loans support better financial health by:

• Helping borrowers avoid rising credit card APRs
• Offering longer repayment terms without excessive interest
• Allowing debt consolidation into one manageable payment
• Improving credit scores when repaid on time

In short, low interest personal loans are one of the smartest ways to borrow money safely while minimizing your long-term financial burden. They provide access to funds without the typical high costs associated with other borrowing tools and can be tailored to suit various financial needs.

Why Interest Rates Matter (How They Affect Your Loan Cost)

Interest rates play the most critical role in determining how affordable or expensive your personal loan becomes. When comparing personal loans with low interest rates, understanding how even a slight difference in APR affects the total repayment cost can help you make smarter financial decisions. Many borrowers focus only on the monthly installment, but the true cost of borrowing lies in the annual percentage rate (APR), which includes both the interest rate and certain lender fees.

For example, a $10,000 loan at 8 percent APR will cost significantly less over time than the same loan at 20 percent APR. This is why choosing a low APR personal loan can save you hundreds or even thousands of dollars across the repayment period. Even a small reduction, such as qualifying for a 9 percent APR instead of a 12 percent APR, can make a big difference in your long-term financial health.

High-interest loans often lead to:

• Larger monthly payments
• Slower debt repayment
• Higher overall loan cost

Increased risk of falling behind on payments

On the other hand, personal loans with low interest rates help you:

• Reduce your total interest paid
• Pay off debt faster
• Keep monthly payments predictable
• Manage your budget with ease
• Avoid unnecessary financial stress

This becomes even more important for borrowers using loans for debt consolidation. If your existing credit card debt carries an APR of 20 to 30 percent, switching to a low interest personal loan, especially one with a fixed rate, can significantly lower what you owe. Many lenders offer tools to compare personal loan rates, helping you identify the most cost-effective option before applying.

Another reason interest rates matter is that they directly determine how lenders view your risk level. Lenders set your rate based on factors like:

• Your credit score
• Debt-to-income ratio
• Employment stability
• Previous repayment history
• Overall credit profile

Borrowers with excellent credit generally receive the lowest personal loan interest rates, often between 6 to 9 percent. Those with fair or average credit may receive higher rates but can still qualify for affordable personal loan options by comparing lenders and improving their financial profile.

Understanding how interest rates shape the cost of your loan ensures you choose a lender that aligns with your budget, borrowing goals, and future financial plans. When you know how APR works, you can confidently seek competitive personal loan rates and avoid costly borrowing mistakes.

How Personal Loan Interest Rates Work

To find the personal loans with low interest rates, it’s important to understand how lenders calculate interest and what determines your final APR. Personal loan interest rates are influenced by a combination of market conditions and your personal financial profile. Every lender evaluates risk differently, but the foundation remains the same: the lower your perceived risk, the lower your interest rate will be.

Fixed vs Variable Rates

Most borrowers prefer fixed-rate personal loans because the interest rate stays the same for the entire repayment period. This ensures predictable monthly payments, making budgeting much easier.

Some lenders also offer variable-rate personal loans, where the interest rate can increase or decrease depending on market conditions. While variable rates may start low, they can rise unexpectedly, increasing the cost of the loan. For this reason, fixed-rate loans are generally considered safer, especially for long-term borrowers or those consolidating high-interest debt.

APR vs Interest Rate

Many borrowers confuse the interest rate with the APR (Annual Percentage Rate). The interest rate is what you pay on the principal amount, but the APR includes additional costs like origination fees. When comparing low APR personal loans, always check the APR instead of just the interest rate. A loan with slightly higher interest but lower fees may cost less overall.

How Lenders Calculate Your Rate

Lenders use risk-based pricing to determine your final rate. This means they look at your financial profile and decide the level of risk associated with lending to you. Key factors include:

1. Credit Score

Your credit score is the most influential factor. Borrowers with scores above 720 often qualify for the lowest personal loan interest rates, while those with lower scores may see higher APRs. Improving your score before applying can significantly reduce your rate.

2. Debt-to-Income Ratio (DTI)

DTI measures how much of your monthly income goes toward existing debts. A lower DTI shows lenders you can handle another loan responsibly. Borrowers with DTI under 35 percent have a better chance of qualifying for low interest personal loans.

3. Employment Stability

Lenders want to see proof of consistent income. Stable employment or long-term business income increases your chances of getting personal loans with low interest rates.

4. Loan Term

Shorter loan terms usually come with lower interest rates because lenders take on less risk. While long-term personal loans have smaller monthly payments, they often carry higher APRs.

5. Loan Amount

Taking out a higher loan amount may increase your APR due to increased risk, although some lenders may offer rate discounts for specific borrowing ranges.

Market Conditions Also Influence Rates

Even if your financial profile is strong, market trends such as inflation, Federal Reserve policies, and economic conditions affect personal loan rates across the country. In periods where lending becomes more expensive for banks, interest rates on personal loans may rise.

Why Understanding This Matters

Knowing how interest rates work empowers you to:

• Compare lenders more accurately
• Negotiate better rates
• Improve your eligibility
• Choose the most affordable loan option

When you understand the basics, securing a low-interest personal loan becomes far easier, and you can avoid paying more than necessary.

Factors That Affect Your Eligibility for Low Interest Personal Loans

Qualifying for personal loans with low interest rates in USA depends largely on how trustworthy you appear to lenders. Every lender uses a risk-based assessment model, and your financial behavior plays a major role. By understanding these factors, you can take strategic steps to improve your eligibility and secure the best personal loan interest rates available in 2025.

1. Your Credit Score and Credit History

Your credit score is the single biggest factor influencing your loan interest rate. Lenders use it to understand how responsibly you’ve borrowed and repaid money in the past.

Why it matters

Borrowers with excellent credit (720+) usually receive the lowest APR personal loans, while those below 600 are seen as higher risk.

What lenders check

• On-time payment history
• Credit card utilization
• Length of credit history
• Types of credit used
• Recent hard inquiries

How to improve

• Pay all bills on time
• Keep credit utilization under 30 percent
• Avoid multiple loan/credit applications
• Regularly monitor your credit report

2. Income Stability

Lenders want to ensure you have a consistent and reliable income. This shows your ability to repay the loan on time.

Types of acceptable income

• Salary from employment
• Business or freelance income
• Investment or rental income
• Retirement or pension income

A stable income helps you secure low interest personal loans, while unstable earnings may increase your APR.

3. Debt-to-Income Ratio (DTI)

Your DTI ratio compares your total monthly debt payments to your monthly income. It helps lenders determine whether you can manage a new loan responsibly.

DTI formula

Monthly debt payments ÷ Monthly income × 100

Ideal DTI

• Under 35 percent is excellent
• 35 to 45 percent is fair
• Above 45 percent may reduce your chances for low rates

Lowering your DTI improves eligibility for best personal loan APRs.

4. Employment Type and Job Stability

Long-term employment signals financial reliability. Frequent job changes may concern lenders unless income remains stable.

Preferred by lenders

• Full-time employees
• Long-term salaried workers
• Established business owners
• Professionals with strong earning history

Job stability helps lenders offer lower APRs because it reduces perceived risk.

5. Existing Debt and Financial Behavior

Lenders evaluate your existing financial commitments, including:

• Credit card balances
• Mortgage or rent
• Car loans
• Education loans
• BNPL or small personal loans

Heavy existing debt may limit your access to low interest personal loans because lenders worry about repayment challenges.

6. Loan Purpose

Although personal loans are generally flexible, some lenders offer better rates for certain loan categories.

Loan purposes that may qualify for lower rates

• Credit card consolidation
• Home improvement
• Medical expenses
• Essential purchases like appliances

Loans seen as risky (like travel or luxury purchases) may carry slightly higher APRs.

7. Loan Term and Loan Amount

In general:

• Shorter terms = lower interest rates
• Longer terms = higher total interest

Borrowers who choose shorter repayment lengths typically qualify for low APR personal loans because lenders face less long-term risk.

Similarly, high loan amounts may increase risk, potentially leading to higher APRs.

8. Lender Policies and Market Conditions

Even if your profile is strong, your rate may vary due to:

• Federal Reserve rate changes
• Inflation
• Economic uncertainty
• Lender-specific risk models

This is why comparing multiple lenders is crucial when you're seeking the best personal loans with low interest rates in USA.

Your financial health directly affects the rate you receive. Improving your credit score, reducing debt, ensuring stable income, and choosing the right loan terms can significantly increase your chances of getting the lowest personal loan interest rates in 2025.

Best Personal Loans with Low Interest Rates in USA (2025)

Detailed Reviews of the Top 10 Low APR Personal Loans

Choosing the right personal loan can significantly impact your financial health, especially when interest rates directly influence how much you pay back over time. In 2025, borrowers have more choices than ever, thanks to digital lending platforms, app-based loan providers, and flexible online lenders offering quick approvals and transparent terms.

This section provides a detailed review of the 10 best personal loans with low interest rates in USA, helping you compare APRs, features, benefits, and ideal borrower profiles. Each lender is evaluated based on affordability, ease of application, customer experience, and suitability for different financial needs.

Let’s go lender-by-lender to help you find the perfect low interest rate personal loan for your goals.

1. SoFi Personal Loans Review

Best for: High-income borrowers with excellent credit seeking no-fee loans

SoFi remains one of the top choices for borrowers looking for personal loans with low interest rates because of its competitive APRs, $0 fees, and member-exclusive benefits. This makes SoFi ideal for individuals who want premium service along with transparent pricing.

SoFi APR and Loan Details

• APR Range: 5.99 percent to 17.25 percent
• Loan Amounts: $5,000 to $100,000
• Loan Terms: 24 to 84 months
• Origination Fee: None
• Recommended Credit Score: 680+

Key Features

• Completely fee-free personal loans
• Unemployment protection program
• Fast online application and soft-pull prequalification
• High borrowing limits suitable for large purchases
• Member benefits like financial planning tools

Why SoFi Stands Out

SoFi offers some of the lowest APR personal loans among premium lenders, especially for borrowers with excellent credit and stable income. The platform is user-friendly, and the absence of hidden fees makes budgeting straightforward. Borrowers also benefit from same-day decisions, flexible repayment options, and job-loss protection features rarely found together.

Pros of SoFi Personal Loans

• Zero fees (no origination, no prepayment, no late fee)
• Ideal for large loan amounts
• Competitive APRs for top-tier credit profiles
• Excellent digital experience
• Extra protection during unemployment

Cons of SoFi Personal Loans

• Not suitable for borrowers with fair or average credit
• High minimum loan amount ($5,000)
• Strict underwriting standards

SoFi is ideal for:

• Borrowers with excellent credit
• High earners needing large loan amounts
• Debt consolidation with low APR
• Home improvement and medical financing
• Borrowers who want a premium digital lending experience

2. LightStream Personal Loans Review

Best for: Excellent-credit borrowers seeking the lowest APRs and no-fee loans

LightStream, a division of Truist Bank, is widely recognized for offering some of the lowest personal loan interest rates in USA often beating competitor rates through its Rate Beat Program. This makes it one of the strongest options for creditworthy borrowers looking for fast funding, long repayment terms, and complete fee transparency.

LightStream APR and Loan Details

• APR Range: 5.73 percent to 19.99 percent
• Loan Amounts: $5,000 to $100,000
• Loan Terms: 24 to 144 months
• Origination Fee: None
• Recommended Credit Score: 680+

Key Features

• No fees at all, including no origination, no prepayment, and no late fee
• Same-day funding available in many cases
• Rate Beat Program (will beat a competitor’s APR by 0.10 percent if terms are similar)
• Longest repayment terms in the industry (up to 144 months)
• Low rates for borrowers with strong credit history and stable financial profiles

Why LightStream Stands Out

LightStream is known for its ultra-competitive pricing. Borrowers with excellent credit can often secure APRs at the very bottom of the market, making it one of the best lenders if you’re comparing low APR personal loans. The Rate Beat Program is unique and gives borrowers another advantage when hunting for the best deals.

Their loans cover nearly every purpose: home improvement, medical expenses, auto financing, debt consolidation, and more. The application process is completely online, fast, and straightforward.

Pros of LightStream Personal Loans

• Lowest interest rates for well-qualified borrowers
• Extremely fast funding
• Industry-leading loan term flexibility
• No fees of any kind
• Wide range of loan purposes

Cons of LightStream Personal Loans

• Requires strong credit and solid financial history
• No prequalification with a soft pull (hard pull required upfront)
• Not ideal for borrowers with average or poor credit

LightStream is ideal for:

• Borrowers with excellent credit wanting the absolute lowest APR
• High-income professionals seeking long-term financing
• Home improvement loans without collateral
• Borrowers comparing multiple lenders to find the best rate
• Anyone needing funding the same day

 

3. Marcus Personal Loans Review

Best for: Borrowers seeking no-fee loans with flexible repayment and autopay discounts

Marcus by Goldman Sachs is a popular choice for borrowers who want personal loans with low interest rates combined with predictable monthly payments and flexible repayment options. Known for its transparent terms and zero fees, Marcus is ideal for individuals who prefer simplicity without sacrificing competitive APRs.

Marcus APR and Loan Details

• APR Range: 6.99 percent to 24.99 percent
• Loan Amounts: $3,500 to $40,000
• Loan Terms: 36 to 72 months
• Origination Fee: None
• Recommended Credit Score: 660+

Key Features

• 0.25 percent interest rate discount for autopay enrollment
• No origination fees, prepayment penalties, or late fees
• Flexible loan amounts suitable for small to medium expenses
• Fast online application and approval
• Ideal for debt consolidation, major purchases, or unexpected expenses

Why Marcus Stands Out

Marcus offers borrowers an easy, stress-free experience. Its low APR personal loans are particularly attractive for those with good to excellent credit who want predictable payments without hidden costs. The autopay discount is a small but valuable incentive that lowers the effective interest rate even further.

Pros of Marcus Personal Loans

• No fees of any kind
• Autopay discount reduces effective APR
• Flexible repayment options
• Transparent online application
• Suitable for medium-sized loan needs

Cons of Marcus Personal Loans

• Limited loan amount for larger needs (maximum $40,000)
• Not ideal for borrowers with poor credit
• APR range can be high for fair credit borrowers

Marcus is ideal for:

• Borrowers with good to excellent credit
• Individuals seeking low APR personal loans without hidden fees
• Medium-sized expenses such as home renovation or debt consolidation
• Borrowers wanting autopay incentives and predictable monthly payments

4. Discover Personal Loans Review

Best for: Borrowers seeking fixed-rate loans with no prepayment penalty and strong customer support

Discover Personal Loans are designed for borrowers who want transparent personal loans with low interest rates and flexible repayment options. Known for excellent customer service and simple online account management, Discover is ideal for individuals looking for predictable monthly payments without hidden fees.

Discover APR and Loan Details

• APR Range: 6.99 percent to 24.99 percent
• Loan Amounts: $2,500 to $35,000
• Loan Terms: 36 to 84 months
• Origination Fee: None
• Recommended Credit Score: 660+

Key Features

• Fixed monthly payments with predictable budgeting
• No origination fees and no prepayment penalties
• Online account management and easy application process
• Strong U.S.-based customer support
• Loan amounts suitable for small to medium personal expenses

Why Discover Stands Out

Discover provides borrowers with low-interest personal loans and a straightforward application process. Its fixed-rate loans make budgeting easier, while the absence of prepayment penalties allows borrowers to pay off their loans faster without additional charges. Discover is also known for exceptional customer support, giving borrowers peace of mind during the loan repayment period.

Pros of Discover Personal Loans

• No origination or prepayment fees
• Fixed monthly payments for easy budgeting
• Strong customer support
• Simple online application process
• Suitable for various loan purposes

Cons of Discover Personal Loans

• Higher APRs for fair credit borrowers
• Loan amounts capped at $35,000
• Longer approval may apply for some applicants

Discover Personal Loans are ideal for:

• Borrowers with good credit seeking predictable payments
• Individuals consolidating debt or covering medium personal expenses
• Borrowers who prefer excellent customer service and U.S.-based support
• Those wanting low interest rate personal loans without hidden fees.

5. Upstart Personal Loans Review

Best for: Borrowers with fair to average credit or limited credit history looking for flexible loan amounts and relatively low starting rates.

Upstart is known as a fintech lending platform that uses an AI‑driven underwriting model to evaluate loan applications. Because of that, Upstart can offer personal loans with low interest rates or at least competitive entry‑level APRs to borrowers who might not qualify under traditional credit‑score‑only lenders. This makes it a useful option for those with fair credit, limited history, or non‑traditional income.

Upstart Loan Details & Rate Info

• APR Range: 6.50 percent to 35.99 percent 
• Loan Amounts: $1,000 up to $75,000 (but depends on state and borrower profile) 
• Loan Terms: 36 or 60 months (3‑year or 5‑year terms) 
• Origination Fee: Variable. typically between 0% and ~12% of the loan amount. The fee is often deducted from the disbursed funds.
• Credit Score / Eligibility: Accepts borrowers with lower or limited credit history; lenders often look beyond just the credit score to include education, employment history, income stability.

Key Features

• Soft‑pull prequalification: You can check potential rates without hurting your credit score. 
• Quick funding: Once approved and accepted before cut‑off time, funds may arrive as soon as next business day.
• Flexible loan amounts: Good for small loans (as little as $1,000) up to mid‑size loans depending on qualification. 
• No prepayment penalty: You can pay off early without extra cost.

Why Upstart Stands Out

Upstart is different from traditional lenders because it evaluates borrowers more holistically. If you have fair credit or limited credit history maybe you are young, or have not used credit much. Upstart's AI can still consider your education, employment, and overall financial picture. This flexibility makes it a viable pathway to low-to-moderate APR personal loans even without an excellent credit score.

Because of its lower minimum loan amount threshold, Upstart is ideal for borrowers who:

• Need a small loan rather than a large sum
• Don’t meet the criteria of premium lenders but want reasonable rates
• Have stable income or employment history but limited credit history
• Want to compare offers easily using soft‑pull prequalification

Pros of Upstart Personal Loans

• Low starting APR possible (as low as 6.50 %) for qualified borrowers 
• Flexible loan amounts from $1,000 upward, allows borrowing only what you really need 
• Soft-pull prequalification helps you compare rates without hurting credit score 
• Fast funding. Ideal for emergencies or urgent needs 
• No penalty for early repayment, gives flexibility and credit‑saving opportunity

Cons / Things to Watch Out For

• Origination fee can be high (up to ~12 %), which reduces net loan proceeds and increases effective cost. 
• APR ceiling is high (up to ~35.99 %), borrowers with weaker credit or unstable income may end up paying significantly more. 
• Loan terms are limited (only 36 or 60 months), less flexibility than some other lenders with longer-term plans. 
• Some borrowers with poor credit may still get unfavorable rates, useful to prequalify and compare carefully.

Upstart is best suited for:

• Borrowers with fair to average credit or limited credit history
• People needing small to mid-size personal loans  e.g. $1,000 to $20,000
• Those who want fast funding and flexibility
• Anyone looking to improve credit gradually while paying off a manageable loan
• Borrowers comfortable with risk of higher APR if credit/income profile is weak

6. Payoff Personal Loans

Payoff Personal Loans are an excellent choice for borrowers who want to consolidate high-interest credit card debt into a low-interest debt consolidation loan with predictable fixed payments. Loan amounts range from $5,000 to $40,000, and terms typically run 24 to 60 months. For qualified borrowers, APRs start around 5.99%, making Payoff one of the more affordable personal loan lenders for debt consolidation. Depending on your credit profile and loan amount, APR can go higher. Payoff may charge a modest origination fee (often 0%–5%), which is deducted from the funds disbursed.

Payoff Personal Loan Details & Rate Info

• Loan Amounts: $5,000 to $40,000
• Loan Terms: 24-60 months
• APR Range: ~5.99% to ~24.99%
• Origination Fee: 0%-5%
• Loan Type: Fixed-rate unsecured personal loan
• Best For: Debt consolidation, high-interest credit card payoff, stable monthly payments

With Payoff, borrowers can enjoy fixed-rate repayment, avoid unpredictable interest accrual, and simplify multiple payments into one. This makes it ideal for anyone seeking manageable, low-rate financing to reduce overall debt burden.

7. Best Egg Personal Loans

Best Egg Personal Loans are a strong choice for borrowers searching for fast approval personal loans and affordable debt consolidation loans. With loan amounts from $2,000 to $50,000, Best Egg works well for people needing funds for debt consolidation, home repairs, or unexpected expenses.

APRs usually start near 6.99%, making it competitive for borrowers with good credit. However, rates can reach 35.99% for applicants with weaker credit profiles. Best Egg also charges an origination fee between 0.99% and 9.99%, which is deducted from the loan amount.

Best Egg Personal Loans Loan Details & Rate Info

• Loan Amounts: $2,000 to $50,000
• Loan Terms: 36-60 months
• APR Range: ~6.99% to 35.99%
• Origination Fee: 0.99% to 9.99%
• Credit Score Needed: Typically 640+
• Loan Type: Fixed-rate unsecured personal loan

Best Egg is ideal for borrowers wanting quick online approval, predictable payments, and flexible personal loan options.

8. LendingClub Personal Loans

LendingClub is a popular option for borrowers seeking affordable personal loans with flexible approval criteria. As a peer-to-peer lending platform, LendingClub connects borrowers with investors, often resulting in competitive rates for those with fair to good credit. Loan amounts range from $1,000 to $40,000, making it suitable for debt consolidation, medical bills, home repairs, or general financial needs. APRs typically range from 6.95% to 35.89%, depending on your credit profile, income, and loan amount. Borrowers can prequalify using a soft credit check, and funds are commonly disbursed within a few days.

LendingClub Loan Details & Rate Info

• Loan Amounts: $1,000 to $40,000
• Terms: 36 or 60 months
• APR Range: 6.95% to 35.89%
• Origination Fee: 1% to 6%
• Loan Type: Unsecured personal loan
• Credit Needed: Around 600+ for best results

LendingClub is ideal for borrowers who want predictable fixed payments, flexible usage, and competitive rates without needing perfect credit. It’s especially helpful for debt consolidation thanks to direct creditor payments.

9. OneMain Financial Personal Loans Review

OneMain Financial is a strong choice for borrowers who need personal loans with flexible approval criteria, especially those with fair or poor credit. Loan amounts range from $1,500 to $20,000, making it suitable for emergency expenses, car repairs, medical bills, or debt consolidation. APRs are higher compared to online lenders, typically ranging from 18.00% to 35.99%, due to the more flexible underwriting.

OneMain offers both secured and unsecured loans, which can help lower your rate if you choose to provide collateral. Many borrowers appreciate the in-person service, fast approval process, and potential for same-day funding.

Loan Details & Rate Info of OneMain Personal Loans

• Loan Amounts: $1,500 to $20,000
• Terms: 24 to 60 months
• APR Range: 18.00% to 35.99%
• Origination Fee: Varies by state
• Loan Type: Secured or unsecured
• Credit Needed: No fixed minimum; approval based on full financial profile

OneMain Financial works best for borrowers who want flexible credit requirements, personalized support, and quick access to funds—even if rates are higher than typical online lenders.

10. Rocket Loans Review (Quicken Loans)

Rocket Loans is a great option for borrowers who need fast personal loans with moderate interest rates in the USA. It offers $2,000 to $45,000 in funding with fixed terms of 36 or 60 months, making it suitable for emergencies, debt consolidation, or home repairs. APRs start at 8.01% with autopay, though less-qualified borrowers may see rates closer to 29.99%. An origination fee up to 9.99% applies and is deducted from the disbursement.

Loan Details & Rate Info

• Loan Amounts: $2,000 to $45,000
• Terms: 36 or 60 months
• APR Range: 8.01% to 29.99%
• Origination Fee: Up to 9.99%
• Type: Unsecured, fixed-rate personal loan
• Credit Needed: Fair to good (around 640+)

Borrowers can prequalify with a soft credit check, and same-day funding is possible for approved applicants. Rocket Loans is best for those prioritizing speed, simplicity, and predictable payments, though borrowers with top-tier credit may find lower APRs elsewhere.

Comparison Table: 10 Best Personal Loans with Low Interest Rates (USA 2025)

Lender	APR Range	Loan Amounts	Loan Terms	Best For / Ideal Borrower	Key Features
1. SoFi	5.99% - 17.25%	$5,000 - $100,000	24 - 84 months	Borrowers with strong credit seeking fee-free loans	No fees, unemployment protection, member perks
2. LightStream (Truist)	5.73% - 19.99%	$5,000 - $100,000	24 - 144 months	Excellent-credit borrowers financing major purchases	Same-day funding, no fees, rate beat program
3. Marcus by Goldman Sachs	6.99% - 24.99%	$3,500 - $40,000	36 - 72 months	Borrowers with credit 660+ seeking flexible repayment	No fees, autopay discount, flexible repayment
4. Discover	6.99% - 24.99%	$2,500 - $35,000	36 - 84 months	Fair to good credit borrowers seeking no prepayment penalty	Fixed monthly payments, U.S.-based support, no prepayment fee
5. Upstart	6.50% - 35.99%	$1,000 - $75,000	36 or 60 months	Fair credit or limited credit history borrowers	AI approval, fast funding, soft pull prequalification
6. Payoff	5.99% - 24.99%	$5,000 - $40,000	24 - 60 months	Credit card debt consolidation	Fixed rate, no prepayment penalty, transparent terms
7. Best Egg	6.99% - 35.99%	$2,000 - $50,000	36 - 60 months	Small to mid-size loan needs, debt consolidation	Fast funding, flexible usage, fixed-rate payments
8. LendingClub	7.04% - 35.99%	$1,000 - $60,000	24 - 84 months	Fair to good credit borrowers seeking flexible loans	Fixed rate, small minimum loan, co-borrower option
9. OneMain Financial	18.00% - 35.99%	$1,500 - $20,000	24 - 60 months	Fair or poor credit borrowers	Secured/unsecured loans, branch support, same-day funding
10. Rocket Loans (Quicken)	8.01% - 29.99%	$2,000 - $45,000	36 or 60 months	Borrowers needing fast, unsecured loans	Fixed-rate, same-day funding, prequalification

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 money over time and make repayment much easier. Here’s a detailed guide to help you choose the right loan:

1. Check Your Credit Score: Most lenders offer the lowest interest rates to borrowers with excellent credit. If your credit score is less than ideal, consider improving it before applying. A higher credit score increases your chances of approval and helps you secure personal loans with the lowest APR.
2. Compare Lenders: Don’t settle for the first loan offer you receive. Compare interest rates, loan terms, fees, and customer reviews to find the best deal. Online tools and prequalification options can help you evaluate multiple lenders without affecting your credit score.
3. Consider Loan Terms: While low interest rates are important, ensure the loan term aligns with your financial goals. Shorter terms may have higher monthly payments but lower total interest, while longer terms reduce monthly payments but increase the total cost of borrowing.
4. Check for Fees: Some lenders charge origination fees, late fees, or prepayment penalties. Understanding all fees upfront allows you to calculate the true cost of the loan and avoid surprises. Lenders like SoFi and LightStream offer loans with no origination fees, making repayment more predictable.
5. Look for Flexibility: Choose a lender that provides flexible repayment options that match your budget. Features like autopay discounts, co-borrower options, and early repayment without penalties can make managing your loan easier and save additional money on interest.

Tips to Lower APR and Improve Approval Chances for Personal Loans

Getting a personal loan with a low interest rate requires preparation and careful planning. Here are key tips to improve your chances of approval and secure the lowest APR available:

• Improve Your Credit Score: A higher credit score is one of the most important factors in qualifying for low-interest personal loans. Pay down high credit card balances, make timely payments, and check your credit report for errors. Avoid opening new credit accounts right before applying to maintain a strong credit profile.
• Reduce Your Debt-to-Income (DTI) Ratio: Lenders evaluate your DTI ratio to assess financial stability. Paying down existing debt or increasing your income can lower this ratio, signaling to lenders that you are a reliable borrower and eligible for lower APRs.
• Choose the Right Loan Amount and Term: Smaller loan amounts and shorter terms often qualify for lower interest rates. While shorter terms may increase monthly payments, they reduce the total interest paid over the life of the loan.
• Set Up Autopay or Co-Borrowers: Many lenders offer autopay discounts of 0.25% to 0.50% on the APR. Adding a co-borrower with a strong credit profile can also improve approval odds and potentially reduce the interest rate.
• Compare Multiple Lenders: Don't accept the first offer. Use prequalification tools from multiple lenders to compare APRs, loan terms, and fees without affecting your credit score. Lenders like Upstart, LendingClub, and Best Egg allow soft credit checks for this purpose.
• Consider Secured Loans: If eligible, secured loans backed by collateral can provide lower interest rates. Lenders such as OneMain Financial offer secured options that help borrowers with lower credit scores access better rates.
• Apply When Financially Stable: Avoid applying for personal loans during periods of financial stress, such as job changes, late payments, or high spending. Stability improves your chances of approval and qualifies you for lower interest rates.

Final Thoughts on Personal Loans with Low Interest Rates in USA (2025)

Securing a personal loan with a low interest rate in the USA is essential for managing your finances effectively and saving money over time. The right personal loan can help you consolidate high-interest debt, cover unexpected expenses, or fund major purchases without overburdening your monthly budget. By comparing lenders, understanding loan terms, and focusing on APR, you can make a decision that significantly reduces the total cost of borrowing.

Your credit score and financial profile play a key role in determining the interest rate you receive. Borrowers with excellent credit can access the lowest rates through top lenders like SoFi, LightStream, and Marcus, while those with fair or poor credit can still find suitable options with lenders such as OneMain Financial, Upstart, and LendingClub. It’s important to check your credit report, reduce debt-to-income ratio, and prequalify with lenders to maximize your chances of approval and secure the most favorable rate.

Fees and loan terms should never be overlooked. While some lenders charge origination or prepayment fees, others, such as SoFi and LightStream, offer fee-free loans that make repayment more predictable. Fixed-rate loans provide consistent monthly payments, helping you plan your finances without surprises. Additionally, lender flexibility, including autopay discounts, co-borrower options, and fast funding, can enhance your borrowing experience and ensure that the loan meets your specific needs.

Finally, using comparison tools, reviewing lender details, and understanding your borrowing purpose can guide you to the best personal loan for your situation. Whether you need a small loan for an emergency or a larger amount for debt consolidation or home improvement, choosing the right lender and loan terms will save you money and support your financial goals. By applying these strategies, you can confidently select a personal loan with a low interest rate that fits your budget and helps secure a healthier financial future.