Select Page

Best Personal Loans For Good Credit In 2017 – Best FICO Score Loans

Best Personal Loans For Good Credit In 2017 – Best FICO Score Loans

This years figures are in, and we have brought you the very best personal loans for good credit for the year 2017. We spent the first part of 2017 taking out loans from 86 different lending companies that offer their services nationwide. We narrowed our choices down to the few lenders on this review article. If you are looking for the best personal loans for good credit for the year 2017, then look no further than the lending companies in this article.

Here Are The Best Personal Loans For Good Credit

The loan companies listed in the table below are all reviewed in this article. They are each winners in their own categories. For example, SOFI is the winner as the one that is most likely to give you a low APR rate, and PayOff is the best for debt consolidation, and so forth.

Company NameLoan AmountLength Of LoanAPR Interest RateMonthly Payment AmountWinning Category
SoFi$5,000
36 Months
5.50%
$151
Likely To Give A Low Rate
Earnest
$5,000
36 Months
6.00%$152
Decision Based On Your Circumstances
Citizens One
$5,000
36 Months
6.24%
$153
Up To Seven Years To Pay
Marcus$5,000
36 Months
6.99%
$154
Get A Loan Over The Phone
LightStream
$5,000
36 Months
7.54%
$156
Loans For Practically Anything
Payoff
$5,000
36 Months
8.00%
$157
Perfect For Debt Consolidation
Best Egg
$5,000
36 Months
9.03%
$159
Best Service Standards
LendingClub
$5,000
36 Months
9.41%
$160
Many Graded Interest Options
Prosper
$5,000
36 Months
11.43%
$165
A Worthy Runner Up
Upstart
$5,000
36 Months
12.30%
$167
Another Great Runner Up

What You Need To Know About The Best Personal Loans For Good Credit We Have Reviewed

To avoid confusion, here are the criteria for each loan company we have reviewed. The loan companies and their associated deals were rated based on these criteria. All of the deals and interest rates assume you have a credit rating that is 750 or better.

Borrowing $5000 In Our Review Tests

The loan deals we have reviewed were for loans of $5000. There is a chance you may get a better rate if you borrow a little more or strike a different deal with the lender. We had to pick an amount that we thought would present the best overview of the lender’s deals.

One Lender May Have More Than One Deal

If you pick a lender based on our review, you will reach their website and see they have a range of deals. You will see that they have more than the single deal we examined. Some of the lenders have other deals that may be more appealing to you, we have simply highlighted the deals we thought were the best value and that offered the best service.

These Are All Unsecured Loan Deals

Our criteria is that these unsecured loans are available for the widest number of people, so there is a chance that a local lender may offer you a better deal. Such a lender doesn’t appear on this list because it doesn’t offer its services to people in other states.

We Told Them We Had A Certain Annual Income

It helps if you have an annual income of $50,000 if you want any of the deals we present in this review of the best personal loans for good credit. When you fill out the form to apply for your new loan, the lenders below are more likely to say yes if you have an income of $50,000.

It is not a requirement, it is just an element that makes you a more viable candidate. It is not the same as the credit rating where if your credit rating is below 750 then you are refused, you will not automatically be refused if you have an annual income of less than $50,000, it is just that they are slightly less likely to say yes to you.

Some People Are Accepted With Lower FICO Scores

If you do not have a credit rating of 750, then you will probably be refused any of the deals listed in this article. However, even if your credit rating is lower than 750, there is still a strong chance that the companies listed below will offer you a loan. The only difference is that the APR rate will be slightly higher.

Does My ZIP Code Matter?

We took out loans all over the country in order to come up with these reviews. We have only written about the very best lenders and the very best deals. There where plenty of lenders that we tried that didn’t make it on to this list, and it is true that our ZIP code affected some of the deals we were offered. For example, in Pecos, Texas, we were able to get a great rate with one company with a credit rating of just 660, but in New York the same company demanded a credit rating of 720.

The Best Personal Loans For Good Credit

Listed above are all the criteria that are part of the best personal loans for good credit we have listed below. Stick to the criteria listed above, such as having a credit rating of 750, wanting $5000, and so forth, and you will be able to get the best personal loans for good credit listed below.

Handing over money


The Most Likely To Give You A Low Interest Rate

SoFi

Sofi student loan logo small

If you have a credit rating of 750+ and you have an annual income of $50,000, and your debt levels not too high, then try SOFI for a low APR rate. This year, it is SOFI offering the best deal for people with good credit.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 5.50% with a $151 monthly payment

Strong SoFi Selling Points

  • Borrow between $5,000 and up to $100,000
  • Get a variable rate as low as 4.99% APR and up to 11.10% APR
  • Get a fixed rate as low as 5.49% APR with AutoPay
  • The fixed rate goes up to 14.24% APR with a FICO score of less than 750
  • There are no origination fees or application fees
  • You are not penalized for prepaying and/or paying off your loan early
  • They have live customer support seven days per week
  • Applying is easy and may be done online in less than 20 minutes
  • Become a SoFi Member and you may buy “Unemployment Protection”
  • Pause your payments with unemployment protection
  • Getting a quote won’t impact your credit score

Sofi what they consider when lending

Interesting Information About This Lender

Sofi has a tool where you may get a crude idea of your APR interest rate without having to give them any details. You do it by using their personal loan calculator. If you want a more personalized rate, you will have to use their “Find My Rate” widget or link and give them a few details. Below is a rough guide to the types of rates you may find.

Loan Grade For People With 720+ Credit Rating
36-Month APR 5.49% – 12.99%
60-Month APR 6.95% – 14.24%
Monthly Payment $99 – $117

Further SoFi Selling Points

  • There Is No Origination Fee
  • You May Pay By Direct Deposit
  • Applications May Be Completed And Processed Online
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • This Company Is A Reputable Peer-to-Peer Lender
  • Decision in Minutes
  • Online Documentation Process
  • They Are A Direct Lender
  • No Early Payment Penalties
  • No Application Fees

 


Get A Good Rate Based On Your Circumstances And Education

Earnest

Earnest Personal Loans

Earnest are just as interested in your FICO score as any lending service, but they are also interested in your employment, your education, your personal circumstances and your finances. They are playing a very clever game, and it works to the advantage of honest borrowers. We have all seen those online articles that claim you can dramatically raise your FICO score in just a few weeks. You can fake many of the elements that determine if you have a good or bad credit score.

Earnest is one of the best personal loans for good credit because they look at you as a person. Earnest has files and files of statistics in the same way an insurance firm has files of statistics. They know you are more likely to pay your loan back on time if you have 2 kids rather than 7 kids, and that you are more likely to pay your loan back if your partner works too. They taking all this information about you and decide based on that rather than just your credit rating alone.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 6.00% with a $152 monthly payment

Strong Earnest Selling Points

  • Borrow between $2,000 and up to $50,000
  • Get a rate as low as 5.25% APR
  • The fixed rate goes up to 12% APR with a FICO score of less than 750
  • There are no origination fees or application fees
  • You are not penalized for prepaying and/or paying off your loan early
  • There are no prepayment or transaction fees
  • Their application system is data-driven and relatively efficient
  • They judge you on things such as your education, job and financial profile

Interesting Information About This Lender

You may use your Earnest loan to pay for one of the things listed below. I advise that you pick one of them rather than picking “Other” because if you pick “Other” then they are more likely to drag their feet when processing your application.

Further EarnestSelling Points

  • Moving or Relocation
  • Security Deposit
  • Engagement or Wedding
  • Home Improvement
  • Vacation or Honeymoon
  • Career Development
  • Debt Refinance
  • Debt Consolidation
  • Other

 


Great Rates And Up To Seven Years To Pay It Back

Citizens One

Citizens One bank logo

It is true that other lenders on this list allow you up to seven years to pay off your debt, but few of them offer the great rates and top-quality service that Citizens One offers. Plus, they have many borrowing options. They have options for students, for home owners, and for unsecured loans. Their rates do jump up a bit if you choose longer terms, but they don’t bounce up by too much, which means they continue to be a bargain.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 6.24% with a $153 monthly payment

Strong Citizens One Selling Points

  • Borrow between $5,000 and up to $50,000
  • Get a rate as low as 6.23% APR
  • The fixed rate goes up to 16.24 % APR with a FICO score of less than 750
  • Get a fixed or variable rate
  • There are no origination fees or application fees
  • They have phone and online customer support
  • You are not penalized for prepaying and/or paying off your loan early
  • They have live customer support seven days per week
  • There are no disbursement fees
  • Applying is easy and may be done online in less than 20 minutes
  • Citizens One is the National Lending Division for Citizens Bank
  • Citizens Bank has almost a 200-year history servicing customers

Interesting Information About This Lender

If you have a credit rating in the 700s, and maybe even lower, then you may enjoy Citizen One’s low interest rates. Take a look at a few of the examples listed below for loans of three years, five years and seven years.

Loan Amount is $5000 with Fixed interest
36-Month APR 6.00% – 16.02%
Monthly Payment $152.12 – $175.84
Total to Pay Back $5,475.94 – $6,329.84

Loan Amount is $5000 with Fixed interest
60-Month APR 6.75% – 16.01%
Monthly Payment $98.42 – $121.62
Total to Pay Back $5,904.57 – $7,296.65

Loan Amount is $5000 with Fixed interest
84-Month APR 7.00% – 16.25%
Monthly Payment $75.46 – $100.04
Total to Pay Back $6,337.86 – $8,402.89

Loan Amount is $5000 with Variable interest
36-Month APR 5.99% – 15.31%
Monthly Payment $152.09 – $174.08
Total to Pay Back $5,475.15 – $6,266.88

Loan Amount is $5000 with Variable interest
60-Month APR 6.54% – 15.30%
Monthly Payment $97.92 – $119.74
Total to Pay Back $5,875.04 – $7,183.78

Loan Amount is $5000 with Variable interest
84-Month APR 7.00% – 16.25%
Monthly Payment $75.46 – $100.04
Total to Pay Back $6,337.86 – $8,402.89

Further Citizens One Selling Points

  • You May Pay By Direct Deposit
  • Applications May Be Completed And Processed Online
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • There Is No Origination Fee

 


A Lending Company With The Personal Touch

Marcus By Goldman Sachs

Marcus By Goldman Sachs logo

Marcus By Goldman Sachs are the winners of the “Doing It The Old Fashioned Way” award on this article. Does their lending website have an online application section, fancy quoting tools and long list of selling points? No it doesn’t, it has a phone number you can call if you want a loan.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 6.99% with a $154 monthly payment

Strong Marcus Selling Points

  • Borrow between $3,500 and up to $30,000
  • Get a fixed rate as low as 6.99% APR
  • The fixed rate goes up to 23.99% APR with a FICO score of less than 750
  • There are no origination fees or application fees
  • Better FICO scores means lower rates and higher lending amounts
  • Conducted by Goldman Sachs with 147 years of financial experience
  • Tailor your payments to match your current budget plans
  • Getting a quote won’t impact your credit score
  • The application process over the phone is very easy

Interesting Information About This Lender

Some say that Marcus By Goldman Sachs is more likely to lend you tens of thousands without creating a big fuss, but we cannot confirm that. We made a call and gave them our details. The day after we received a fraud alert phone call. The day after that we received an email saying our loan was approved and that we could complete the application and receive the funds.

Further Marcus Selling Points

  • There Is No Origination Fee
  • You May Pay By Direct Deposit
  • Applications May Be Completed And Processed Online
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • Funding Possible Next Business Day
  • No Late Fees

 


The Best Lender For Loans For Practically Anything

LightStream

lightstream

As you can tell by the category header, this is where you get the best personal loans for good credit for just about anything. They have options for buying just about anything, and their decision criteria is only lightly influenced by what you intend to do with the money. You can stuff it down the toilet for all they care.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 7.54% with a $156 monthly payment

Strong LightStream Selling Points

  • You are more likely to be accepted if you are consolidating credit card debt
  • Borrow between $5,000 and up to $100,000
  • Get a rate as low as 5.49% APR
  • The fixed rate goes up to 16.34% APR with a FICO score of less than 750
  • There are no origination fees or application fees
  • Get your funds as soon as tomorrow
  • You are not penalized for prepaying and/or paying off your loan early

Interesting Information About This Lender

Hobble on over to their website and you will see an advert that says, “2.19% APR with AutoPay.” Some of our testers have FICO scores so high that their credit cards get nose bleeds, yet they couldn’t get the 2.19% APR rate. When we applied for a loan with a 750 FICO score, we got a rate of 7.54%, but that is still a very good rate.

Further LightStream Selling Points

  • There Is No Origination Fee
  • Funding Next Business Day
  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • Online Documentation Process

 


A Good Choice For Debt Consolidation

Payoff

Payoff Personal Loans

Payoff is a fine choice when you are looking for the best personal loans for good credit. They only lend to people who are looking to pay off other debt. You have to be in debt with another company before they will lend you any money. To get a rate of 8.00%, you will need a credit rating of around 750+, but you can still get a Payoff loan with a FICO score as low as 660.

This Is The Loan We Ordered From Them
Get $5,000 for 24 Months at 8.00% with a $151 monthly payment

Strong Payoff Selling Points

  • Maximum debt-to-income ratio must be 50% or less
  • Suitable for paying off high-interest credit cards
  • They only lend to people to let them pay off debt
  • Borrow between $5,000 and up to $35,000 for refinancing
  • Get a fixed rate as low as 8% APR
  • The fixed rate goes up to 25% APR with a FICO score of less than 750
  • You are not penalized for prepaying and/or paying off your loan early
  • There are no late fees and no check-processing fees
  • Get a quick quote without it affecting your credit rating
  • There are no origination fees or application fees
  • They have live customer support seven days per week
  • Applying is easy and may be done online in less than 20 minutes
  • Become a SoFi Member and you may buy “Unemployment Protection”
  • Pause your payments with unemployment protection
  • Getting a quote won’t impact your credit score

Interesting Information About This Lender

The website says that getting a loan with Payoff will increase your credit rating by around 40 points. This is not an exclusive element of Payoff, it is what happens when you pay off your credit cards. If you use a loan to pay off your credit card and you keep your credit card, then your credit rating rises by around 40 points.

It is because your credit utilization score improves. Imagine a scenario where you have a credit card with a limit of $1000 and you spend up to the limit, then you have 100% credit utilization because you are using all your credit.

Imagine you get a $1000 loan and you pay off your credit card. You now have a loan for $1000, and a credit card that has a $1000 limit you can spend up to again. According to lenders, you have a $1000 loan outstanding, and $1000 on your credit card to play with. You have a total of $2000 in debt potential, but the only debt you are in is $1000 of it on your loan, so your credit utilization is 50%.

It went from 100% to 50%, which is why your credit rating goes up. If you were to cancel your credit card, you would be left with your $1000 debt on your loan, your credit utilization would go back to 100%, and your credit rating would fall again.

Further Payoff Selling Points

  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • They Have BBB Accreditation
  • This Company Is A Reputable Peer-to-Peer Lender
  • Applications May Be Completed And Processed Online
  • Get A Loan With As Little As A 660 FICO Score
  • Minimum Gross Income Required Is None
  • Minimum Credit History Is 3 Years
  • Maximum Debt-to-income Ratio Is 50% Or Less
  • Loans May Only Be Used To Pay Off Credit Card Debt
  • Origination Fee Is Between 2% To 5% Of Loan Amount
  • There Are No Late Fees
  • They Do Not Charge Personal Check Processing Fees

 

 


Number One For Service Standards

Best Egg

BestEgg Personal Loans

Best Egg have a brilliant online reputation because their service standards are very good. You may occasionally hear about a bit of trouble with their customer service department, but those tend to be isolated incidents.

In most cases, if a company has many online reviews where half are great and half or terrible, then the good ones were paid for by the company and the bad ones are the real ones. That is how companies manipulate their online reputation, but Best Egg do not seem to do that.

With Best Egg, most online reviews are positive, which strongly suggests that the company does very little wrong. We cannot deny that when we took out our loan, their service standards were top rate. Everything worked how it does, the process was very quick, the rates were affordable, and the repayment schedule was clear.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 9.03% with a $159 monthly payment

Strong Best Egg Selling Points

  • Borrow between $2,000 and up to $50,000
  • Get a rate as low as 5.99% APR
  • The fixed rate goes up to 29.99% APR with a FICO score of less than 750
  • Get funds in your account as soon as tomorrow
  • Applying is easy and may be done online in less than 20 minutes
  • Getting a quote won’t impact your credit score

Interesting Information About This Lender

Qualify for their lowest possible rate of 5.99% by having a credit rating of at least 700 and have an individual annual income of $100,000. You get the 5.99% rate for a $5000 loan if you are eligible as per those criteria, and if you pick a 3-year (36 month) loan.

When we applied for the $5000 loan, we had a 750 FICO score, and we picked the 36 month loan, but on the application we entered an annual income of $50,000. We had entered $50,000 as the annual income on all of the loans we applied for, so we couldn’t enter something different for Best Egg. That is why we received a 9.03% APR rate from Best Egg rather than their lower 5.99% APR rate.

Further Best Egg Selling Points

  • Funding Next Business Day
  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • They Have BBB Accreditation

 


A Wide Range Of Graded Interest Options

LendingClub

the lending club review

The LendingClub has a wide range of interest rates. It is a peer-to-peer lending club that gives you a fair amount of control over your borrowing. For example, it is possible to apply for a loan today and see a range of interest rates and loan options, and then apply in six months and see another set of interest rates and options.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 9.41% with a $160 monthly payment

Strong LendingClub Selling Points

  • Ideal for paying off high-interest loans and debts
  • Borrow between $5,000 and up to $40,000
  • Get a rate as low as 5.32% APR
  • The fixed rate goes up to 35.89% APR with a FICO score of less than 750
  • There is a 5% origination fee
  • You are not penalized for prepaying and/or paying off your loan early
  • Getting a quote won’t impact your credit score

Interesting Information About This Lender

There are many different borrowing options to choose from. The better your FICO score is, then the more options you have open to you. To give you an idea of how it works, I have listed the options that were offered to us when we applied. We entered a FICO score of 750 and were eligible for a grade “A” loan, which is the grade that offers the best rate. When our loan was funded by the investors, we went for the best rate we could get, which was 9.41% APR.

Loan Grade A
Origination Fee 5%
36-Month APR 5.32% – 11.49%
60-Month APR 7.46% – 10.17%

Loan Grade B
Origination Fee 5%
36-Month APR 12.99% – 15.59%
60-Month APR 11.67% – 14.27%

Loan Grade C
Origination Fee 6%
36-Month APR 16.99% – 20.49%
60-Month APR 15.40% – 18.89%

Loan Grade D
Origination Fee 6%
36-Month APR 21.59% – 26.07%
60-Month APR 19.99% – 24.48%

Loan Grade E
Origination Fee 6%
36-Month APR 24.57% – 31.06%
60-Month APR 22.98% – 29.49%

Loan Grade F
Origination Fee 6%
36-Month APR 28.94% – 35.64%
60-Month APR 27.36% – 34.09%

Loan Grade G
Origination Fee 6%
36-Month APR 33.37% – 35.89%
60-Month APR 31.82% – 34.34%

Further Best Egg Selling Points

  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • Customers May Call For Customer Support
  • They Have BBB Accreditation
  • This Company Is A Reputable Peer-to-Peer Lender
  • Applications May Be Completed And Processed Online

 


A Worthy Runner Up

Prosper

Prosper Personal Loans

As you can see by our Prosper review, there is nothing wrong with Prosper at all. We think they are a fine company, and we had no trouble with them when we took out our loan. The only reason that this lender didn’t rank up higher on our article is because it didn’t knock our socks off. All the other lenders have a strong selling point that puts them ahead of the rest, but Prosper is simply a company that does its job and does it well. They are a great peer-to-peer lending company, but they are up against a lot of brilliant competition this year.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 11.43% with a $165 monthly payment

Strong Prosper Selling Points

  • Borrow between $2,000 and up to $35,000
  • Get a rate as low as 5.99% APR
  • The fixed rate goes up to 36% APR with a FICO score of less than 750
  • You are not penalized for prepaying and/or paying off your loan early
  • Getting a quote won’t impact your credit score

Interesting Information About This Lender

Before you apply for a loan from Prosper, allow me to list all the things they are going to look at. These are the elements in your life that Prosper are going to examine.

They want to know why you want the money, so you have to enter your loan purpose. Prosper want to know your employment status, your income, how long you want the loan for, and how many times you have had credit enquiries in the last six months. They want to know your credit history, your debt-to-income ratio, and your previous Prosper loans. Prosper will also look into your public records before assigning you a Prosper rating. Your Prosper rating will define which loans and rates you are eligible for as a borrower.

Further Prosper Selling Points

  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • They Have BBB Accreditation
  • This Company Is A Reputable Peer-to-Peer Lender
  • Applications May Be Completed And Processed Online

 


Another Great Runner Up

Upstart

upstart personal loan

Upstart is just like Prosper in that it is also a great lending company and there is nothing wrong with it. The only reason this lending company doesn’t appear higher in our review is because the other lenders sparkle just a little brighter than Upstart. It is a great lending company and well worth a try if you are looking for a loan.

This Is The Loan We Ordered From Them
Get $5,000 for 36 Months at 12.30% with a $167 monthly payment

Strong Upstart Selling Points

  • Borrow between $1,000 and up to $5,000
  • Get a fixed rate as low as 4.66% APR
  • The fixed rate goes up to 29.99% APR with a FICO score of less than 750
  • Applying is easy and may be done online in less than 20 minutes
  • Get your money as soon as within just one
  • You are not penalized for prepaying and/or paying off your loan early
  • Your APR considers your education, earnings and work history
  • Getting a quote won’t impact your credit score

Interesting Information About This Lender

One of the great things about Upstart is that they do not just judge you on your credit rating alone. They also look at your personal situation and your education. They judge you more on an individual basis rather than simply looking at your FICO score.

Further Upstart Selling Points

  • You May Pay By Direct Deposit
  • Borrowers May Pay Over The Internet
  • They Have An Online Support System
  • Customers May Call For Customer Support
  • This Company Is A Reputable Peer-to-Peer Lender
  • Funding Possible Next Business Day

 


A Quick Glossary Of Loan Selling Points And Their Benefits

I have listed quite a few selling points on this article, and some of you may be wondering why such selling points are worth mentioning. In this section, I quickly explain a few of the selling points to highlight why they are good. I must admit that I didn’t manage to create a comprehensive list of selling points for each lender on this list, but you can blame the lenders themselves for not correctly promoting their better features because we pulled many of their selling points from their websites, customer support workers and the terms and conditions documents they gave us when we signed up for their loans. If they didn’t correctly highlight something as simple as their website offering a soft search, then I didn’t mention it in this article.

You May Pay By Direct Deposit

There are some lenders that we tried out that wouldn’t allow us to set up our own direct deposit. They insisted we pay their way through check, cash, wire transfer, website payment or manual bank payment.

Borrowers May Pay Over The Internet

There are many ways to pay a bill, and some people prefer the option of being able to pay manually over the Internet from their bank and some lenders allow this.

They Have An Online Support System

If you are looking for answers to your questions, but you don’t want to wait on hold, then an online customer service department may be just what you need.

Customers May Call For Customer Support

If you have an urgent question or something you want answered right away, then you may prefer to call somebody rather than wait for a reply email or wait for somebody to come online over the Internet.

This Company Is A Reputable Peer-to-Peer Lender

Please support peer-to-peer companies. They are taking food out of bank’s mouths, which forces banks to offer better deals. It also makes it more difficult for the banks to run roughshod over people like they did with the last global economic downturn.

Funding Possible Next Business Day

Companies that claim they can have the money in your account by today are usually blowing smoke. If you need the money quickly, there are some companies that can get the money to you by the next business day.

They Have BBB Accreditation

It means they have a “Better Business Bureau Business Accreditation.” They have to apply for accreditation and prove that they will follow a set of rules to achieve a certain standard of service when a customer has a complaint.

Applications May Be Completed And Processed Online

These days, there are lending companies that allow you to conduct your entire application online where you get the money in your account without having to sign paper contracts or send identification through the post.

No Origination, Starter Or Application Fee

An origination fee or any type of starting fee is going to cost you extra money. Usually, the origination fee is added to your loan debt, which means you have to pay it off and pay interest on it too.

No Late Fees

The “No late fees” trend is catching on very slowly. It seems that just a few years ago you could not find a lending company anywhere that would allow you to pay late without charging a fee, but these days you can be late without it costing you extra.

 

Conclusion – Which Are The Best Personal Loans For Good Credit

If you have a good credit rating, then you have more options than most other people. The lenders on this list will allow you to generate a quote or will show you a personalized rate. As a member of the echeck.org team, a team that helps people build wealth and remain financially secure, I strongly suggest you get a quote from all of them. Shopping around is always a good thing, and there are ten top-quality lenders on this list alone. All of them offer a good deal and a great service. It is simply up to you to find the one that offers you the best deal, and the only way you can figure that out is to run a soft search with each of them. Since they are only soft searches, you have nothing to lose by being thorough.

About The Author

Ash The Great

After a varied career in different industries from the hospitality industry to the financial consultancy industry, Ash now spends his days working as a professional writer.

Leave a reply

Your email address will not be published. Required fields are marked *

Popular Posts