You can get personal loans from different types of lenders and they each come with their own terms and conditions. Below are the three main places you can get a personal loan

Where Can I Get a Personal Loan?

Online Lenders

Online lenders usually offer the most flexible terms for personal loans because there are so many online options to choose from. You can also easily apply online in just a few minutes. 

Each option has its pros and cons, so it’s important to shop around and see which lender offers you the best loan terms. 

Regardless of which lender you choose, most personal loan options will always have a lower interest rate than credit cards

Some of the best lenders you can find online are: 

  • SoFi
  • Lightstream
  • Upstart


Most borrowers get personal loans right from the bank. Bank lenders are the most common and offer many different amounts for personal loans because they have the most resources. 

Some of the best big bank lenders include:

  • Marcus and Goldman Sachs
  • American Express
  • Discover

Credit Unions

Credit unions are similar to banks and offer a variety of personal loan options. Because they are member-owned, they often have slightly better interest rates and terms than banks when it comes to personal loans. 

If you’re looking to get a personal loan from a credit card, here are some suggestions:

  • Alliant Credit Union
  • Connexus Credit Union
  • PenFed Credit Union

By Admin