Best Personal Loan Rates for June 2020

The following is the details for banks offering personal loans at the lowest APR along with the details of the purpose the loans are best for:

BANKCURRENT APR RANGELOAN TERMMIN. LOAN AMOUNTMAX. LOAN AMOUNTBEST PERSONAL LOAN
SoFi5.99% – 18.64% (with autopay)2 to 7 years$5,000$100,000For overall personal loan
LightStream3.49% – 16.79% (with autopay)2 to 12 years$5,000$100,000 For generous repayment terms
Avant9.95% – 35.99%2 to 5 years$2,000$35,000 For people with bad credit
Marcus by Goldman Sachs6.99% – 28.99%3 to 6 years$3,500$40,000For debt consolidation
Best Egg5.99% – 29.99%3 to 5 years$2,000$35,000For home repairs
Upgrade7.99% – 35.97%3 or 5 years$1,000$35,000For fast funding
Payoff5.99% – 24.99%2 to 5 years$5,000$35,000For paying credit card debt
Upstart6.18% – 35.99%3 and 5 years$5,000$30,000For little credit history
LendingClub10.68% – 35.89%3 and 5 years$1,000$40,000For using a cosigner
PenFed6.49% – 17.99%1 to 5 years$600$20,000For credit union members
TD Bank5.67% – 18.99%1 to 5 years$2,000$50,000For secured options
PNC BankRates as low as 7.49%Not specified$1,000$35,000For in-person visits

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