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Best Personal Loan Rates for June 2020

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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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