Best Bank Loans

• Maximum/minimum amount you can borrow: $3,000 to $100,000
• APR range: 5.74%–24.49% with relationship discount
• Credit requirements: Although the Wells Fargo website does not disclose a minimum credit score for personal loans, the bank does state that borrowers with excellent credit (760+) will qualify for the best rates depending on their debt-to-income ratio and collateral value. Those with good credit (700-759) will typically qualify for a loan but may not get the best rate. Borrowers with fair credit (621-699) may qualify for a Wells Fargo loan but will likely pay a higher rate.
• Fees: No origination fee, closing fee, or prepayment penalty. Late fees or returned payment fees may be assessed.
• Other qualification requirements: Qualifying for a 0.25-0.50% relationship discount includes opting into Autopay from a qualifying Wells Fargo account. Since there is no pre-qualification option, loan applications will require a hard credit inquiry that impacts your credit score.
• Repayment terms: 12 to 84 months
• Time to receive funds: Often as soon as same-day or the next business day
• Restrictions: New customers need to apply in person at a branch. Online and phone applicants must be Wells Fargo account holders.
• Notes: Most customers will receive a relationship discount of 0.25%. Customers eligible for a relationship discount of 0.50% include those with Wells Fargo Portfolio Checking, Wells Fargo Prime Checking, Private Bank Checking, and Private Bank Interest Checking.

Read the full review: Wells Fargo Personal Loans

• Maximum/minimum amount you can borrow: $5,000 to $100,000
• APR range: 2.49%–19.99% (with 0.50% Autopay discount)
• Fees: None
• Minimum recommended credit score: LightStream does not disclose a minimum credit score. It will consider the "unique nature of each individual's credit profile."
• Other qualification requirements: Applicant must have several years of credit history with a variety of accounts and a good payment history, evidence of ability to save, and stable and sufficient income and assets to repay currents debt obligations in addition to a new loan from LightStream.
• Repayment terms: 24 to 144 months
• Time to receive funds: Within the same day of loan approval if approval process and final verification is completed by 2:30 p.m. ET
• Restrictions: Minimum APR available will depend on the purpose for your loan (auto purchase, home improvement, debt consolidation)
• Notes: APR of 2.49% is only available for loan amounts between $10,000 and $24,999 with repayment terms of 24 to 36 months. Only applicants with excellent credit are eligible for the lowest rates.

Read the full review: LightStream Personal Loans

• Minimum/Maximum amount you can borrow: $3,500 to $40,000
• APR range: 6.99%–19.99% (with 0.25% Autopay discount)
• Fees: None
• Minimum recommended credit score: A minimum score of 660 is recommended in a July 2020 post entitled "What Credit Score Do You Need for a Personal Loan?" on Marcus's Financial Resources & Guides page.
• Other qualification requirements: Your debt-to-income ratio may be taken into account. Loans require a hard credit inquiry at the time of application, which may impact your credit score. Marcus uses an automated system to verify income and employment status but may request documents such as pay stubs or personal bank statements.
• Repayment terms: 36 to 72 months. Borrowers have the flexibility to change payment dates. Those who pay on time for 12 consecutive months are given a on-time payment reward in the form of the option to skip a month and extend their repayment term by 1 month without accruing any interest.
• Time to receive funds: 1 to 4 business days once you're approved
• Restrictions: Individual applicants only; no cosigners allowed.
• Notes: To use the on-time payment reward option, you must request to defer your monthly payment at least 16 days before that payment is due.

Read the full review: Marcus Personal Loans

• Minimum/maximum you can borrow: $2,000 to $50,000
• APR range: 6.99%–21.99%
• Fees: No origination fees or application fees
• Minimum recommended credit score: 660
• Other qualification requirements: In addition to your creditworthiness, your employment history and income may be taken into account.
• Repayment terms: 36 to 60 months
• Time to receive funds: As soon as the next business day
• Restrictions: May need to complete the application process in person. Loans cannot be used for business or education purposes. Eligibility is limited to residents of Washington, D.C. and the following states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, and Virginia.

Read the full review: TD Bank Personal Loans

• Minimum/Maximum amount you can borrow: $3,500 to $25,000
• APR range: AMEX offers competitive APRs comparable to other financial institutions.
• Fees: No origination fee or prepayment penalty. A charge of $39 will be assessed for late payments or returned payments.
• Minimum recommended credit score: Company does not disclose a minimum score. Your maximum eligible loan amount will depend on creditworthiness and other factors.
• Other qualification requirements: Must be an existing American Express cardholder.
• Repayment terms: 12, 24, or 36 months. Your payment date is not flexible. Your due date is set at the time of loan approval and cannot be changed.
• Time to receive funds: Once your designated account is verified, you'll typically receive funds within 3 to 5 business days.
• Restrictions: You can only apply for a personal loan if you receive an offer to apply. Once approved, you will have 3 days to sign your loan agreement or the approval will be withdrawn.
• Notes: American Express offers pre-qualification for personal loans, meaning no hard credit inquiry is required to apply. Your loan information will be reported to credit bureaus only if your loan is approved and funded. Your loan may not be used for education expenses, business, real estate, securities, vehicle purchases, or to pay down an Amex credit card balance.

Read the full review: American Express Personal Loans

• Maximum/minimum amount you can borrow: $2,500 to $20,000
• APR range: 7.24%–17.75%
• Fees: No prepayment penalties or application fees
• Minimum recommended credit score: Not disclosed on company website
• Other qualification requirements: Must meet membership requirements and have a valid USAA Bank account.
• Repayment terms: 12 to 84 months
• Time to receive funds: Within 24 hours to your USAA Bank account
• Restrictions: Financing for 12 to 36 months requires minimum loan amount of $2,500. Financing for 48-month term requires minimum loan amount of $5000. Financing for 60-month term requires minimum loan amount of $10,000. Financing for 72-month term requires minimum loan amount of $15,000. Financing for 84-month term requires minimum loan amount of $20,000. Applications for loan terms longer than 60 months must meet higher credit and risk standards than applications for loan terms 12 to 48 months. 

Read the full review: USAA Personal Loans

• Maximum/minimum amount you can borrow: $2,000 to $30,000
• APR range: 7.99%–23.99% (with Autopay discount)
• Fees: No origination fee. Possible fees for late payments and returned payments.
• Minimum recommended credit score: Not disclosed by the company.
• Other qualification requirements: Must be U.S. citizen or Permanent Resident. Applicants will need an annual income of at least $10,500 and an eligible Citibank account open for 3 months. 
• Repayment terms: 12 to 60 months
• Time to receive funds: Within 5 business days (mailed by check)
• Restrictions: Loan funds are processed by check only. Applications for loan amounts greater than $30,000 must be made by phone (not online). You may only have one additional Citi personal loan open at the time of application, and it must have been originated at least six months prior. Personal loans may not be used for education purposes.

Read the full review: Citibank Personal Loans

• Maximum/minimum amount you can borrow: $2,500 to $35,000
• APR range: 5.99%–24.99%
• Fees: No origination fee or prepayment penalties. A $39 fee may be assessed for late payments.
• Minimum recommended credit score: Not disclosed on company website. Lowest rates are available to customers will the best credit.
• Other qualification requirements: Discover will consider your FICO score, other credit information such as number of recent inquiries and length of credit history, as well as key factors such as household income. The applicant needs an annual household income of $25,000. Must be a U.S. citizen or Permanent Resident.
• Repayment terms: 36 to 84 months
• Time to receive funds: As soon as the next business day.
• Restrictions: Individual applicants only; no cosigners.
• Notes: Discover may use third-party vendors to verify income and employment status. It may also use pay stubs for income verification or contact your employer to verify employment. If there are errors on your application, your loan is funded on a weekend, or you request your funds to be delivered by a method other than electronic disbursement.

Read the full review: Discover Personal Loans