Online Personal Loan Lenders

Personal Loan Lenders 

Do you need a personal loan and you have been trying to figure out how best to get one and where to get it? You do not need to search any further as whatever the reason why you need a personal loan might be, be it for a new car or home renovation, there are some top personal loan lenders that can bail you out. Personal loans are also highly advised because they offer highly attractive rates when compared to using your credit cards. However, there is always the thought that the process involved in securing a personal loan will be hard, will take a lot of time or just difficult to understand. To that end, we will be providing you with this quick guide which provides information on the personal loan lenders you should consider when looking for a personal loan:

  1. Citizens Bank

Citizens Bank is a leading online personal loan lender and it is no surprise that it occupies top spot. It offers a wide range of financial services and products which include mortgages, student loans, checking and traditional accounts, and personal loans. Citizens Bank is listed as the 13th largest retail bank in the U.S and also has a lot of physical locations throughout the United States of America. Their loan application process is pretty simple as it can all be done from the website. There is really no need for any physical meeting as everything is made easy from the comfort of your home or… coffee stand. You can obtain loans for major purchases, debt consolidation, vacations and special occasions. To apply for a loan with Citizens Bank, you will not be required to pay any application or origination fees and your interest rates would be reduced if you opt for auto-payment through a Citizens Bank savings account or Checking. There is also an app with which you can handle all of your loan transactions anywhere and anytime.

  1. Prosper

Prosper is an online peer-to-peer marketplace that facilitates loans for individuals in need of personal loans. Prosper since it was established has made possible over $9 billion worth of loans. It was the first peer-to-peer online marketplace operating on a largescale and a whole lot of other peer-to-peer lending platforms have followed suit in this direction and have entered the marketplace. Nowadays, Prosper offers loans to borrowers who need loans for various purposes which include healthcare financing, mortgage, debt consolidation amongst others. Loans gotten through Prosper are unsecured loans no matter what the loan is meant for so you do not need to put up any asset in order to get a loan on Prosper.

  1. SoFi

SoFi is short for Social Finance was established in 2011 and since then it has evolved into one of the best loan companies in the United States of America. SoFi offers a wide variety of loans such as patent financing, refinancing of student loans, home mortgages, refinancing of mortgaging, personal loans amongst others. Unsecured loans offered by SoFi offer competitive interest rates and terms to all of its applicants which has made SoFi one of the best personal loan lenders out there.

  1. Upstart

Established in 2012 by Google ex-employees as a way of starting a tech-lending platform that operates uniquely through its peer-to-peer lending system different from traditional lending companies. Peer-to-peer lending means loans given out are funded by other investors who are separate individuals by the lenders. This invariably means that Upstart does not provide the loans itself. All of the loans offered on Upstart are unsecured and with the great rates attached to its loans, Upstart makes the list of top personal loan lenders you should consider when looking for a personal loan.

  1. LightStream

A division of SunTrust Bank, it has existed in different forms since the late 19th century before it started online lending. LightStream now works by providing online personal loans at great rates and on the website, it states that people can get “Loans for Practically Anything”. There is absolutely no type of loan that is not available on LightStream’s website except for the following; Refinancing existing LightStream loans, Business loans and post-secondary education loans. It is therefore no surprise that we have this company on Number 5 of our top personal loan lenders.


These companies have been reviewed times and over again, are trusted and have gained quite the credibility that a personal loan lender needs to gain. For your personal loan needs, you could begin your search with these personal loan lenders and you never can tell which of them will actually work for you.