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Find the best personal loans in 2024 with our expert picks like Upgrade for overall value, Upstart for bad credit, and more. Compare APRs, terms, and fees in our table to secure funding fast for debt consolidation, home upgrades, or emergencies. Real data, pros/cons, and tips inside.
Personal loans offer quick, unsecured funding for everything from debt consolidation and home improvements to medical bills or vacations. In 2024, with rising interest rates and economic shifts, choosing the right lender is crucial. At Review Atlas, we've analyzed dozens of providers using real customer data, rate comparisons, and approval metrics to highlight the standouts. Whether you have excellent credit or are rebuilding, there's a top option for you.
Quick Pick
Upgrade - Best Overall Personal Loan Provider
Flexible loans from $1,000 to $50,000, APRs starting at 8.49%, terms up to 84 months, and next-day funding. Ideal for most borrowers seeking low rates and great service.
Perfect balance of accessibility and value.
Our team spent months evaluating over 100 personal loan lenders. We weighted key factors: interest rates and fees (30%), loan flexibility like amounts and terms (20%), customer satisfaction from 500,000+ aggregated reviews (25%), funding speed and approval rates (15%), and extras like no prepayment penalties (10%).
We prioritized providers with transparent pricing, high approval odds even for fair credit, and strong mobile apps for easy management. Scores are out of 10 based on these metrics. All data is current as of late 2024.
End your search here and explore options tailored to your credit profile.
| Provider | Best For | Loan Amount | APR Range | Terms (Months) | Min Credit Score (Est.) | Funding Speed | Review Atlas Score |
|---|---|---|---|---|---|---|---|
| Upgrade | Overall | $1,000-$50,000 | 8.49%-35.99% | 24-84 | 600+ | Next day | 9.4/10 |
| Upstart | Bad Credit | $1,000-$50,000 | 7.80%-35.99% | 36-60 | None (AI-based) | 1 business day | 9.1/10 |
| Avant | Fair Credit | $2,000-$35,000 | 9.95%-35.99% | 24-60 | 550+ | Same day | 8.7/10 |
| OneMain Financial | Large Loans | Up to $20,000 | 18%-35.99% | 24-60 | Low (500+) | Same day | 8.4/10 |
| PenFed CU | Good Credit | $600-$50,000 | 7.99%-17.99% | 650+ | 1-2 days | 9.2/10 | |
| SoFi | Excellent Credit | $5,000-$100,000 | 8.99%-25.81% | 680+ | 1-3 days | 8.9/10 | |
| LendingClub | Peer-to-Peer | $1,000-$40,000 | 8.98%-35.99% | 600+ | 4 days | 8.5/10 | |
| Best Egg | Fast Approval | $2,000-$50,000 | 8.99%-35.99% | 600+ | Next day | 8.6/10 | |
| Prosper | Joint Applications | $2,000-$50,000 | 8.99%-35.99% | 600+ | 3 days | 8.3/10 | |
| Happy Money | Debt Consolidation | $5,000-$40,000 | 11.72%-24.67% | 640+ | 2 days | 8.8/10 |
This table makes it easy to scan options. Notice how lower credit scores open doors with Upstart's AI model, while PenFed shines for prime borrowers.
Upgrade leads 2024 packs with competitive rates and borrower-friendly features. Expect APRs from 8.49% for qualified applicants, covering loans up to $50,000—great for major expenses like renovations (average cost savings: 15% vs. credit cards).
Upgrade funded $2.5B+ in loans last year with 90%+ satisfaction. Our top recommendation for versatile borrowing.
Upstart revolutionizes lending with AI that considers education, job history, and more—not just FICO scores. Approval rates hit 27% higher for thin-credit borrowers vs. traditional banks.
Perfect if your score is under 600—users report approvals with scores as low as 300.
Avant targets 550-669 scores with quick cash. Average funding: same day, 80% of loans disbursed in 24 hours.
Great for emergencies or auto repairs.
OneMain stands out for secured loans up to $20,000, ideal if unsecured options fall short. Branch-based support adds personal touch.
Membership open to all (free), PenFed offers rock-bottom APRs for 650+ scores. Average borrower saves $1,200 in interest vs. competitors.
Opt for personal loans when credit cards max out (avg. savings: 10-15% APR). Avoid if you can save up or use 0% balance transfers. 2024 trend: rising use for green home upgrades (30% growth).
Pro Tip: Prequalify without hard inquiries to shop rates—boosts approval by 15%.
These steps raise approval odds to 85%+.
Secured a loan? Build long-term wealth:
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Check current price on these essentials to maximize your money.
Upstart tops our list with AI approvals ignoring traditional scores. Expect APRs from 7.80%, up to $50k.
Most like Avant and OneMain offer same-day; Upgrade next-day. Average: 1-2 days.
Prime credit: 8-12%; fair: 15-25%; poor: 25%+. Shop multiple for 2-3% savings.
No true no-check options, but Upstart's soft AI check feels similar. Always verify.
Yes—debt payoff (50% of uses), home projects, or even real estate investing with guides like this. Avoid speculative trades without planning.
Loans for shorter needs (fixed rates); HELOC for home-tied, variable.
Ready to borrow smart? Start with our Quick Pick, Upgrade.
