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How to get approved for a $10,000 personal loan

Find a lender that could approve you for a loan as soon as tomorrow.


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Editor's choice: Credible personal loans

Credible personal loans logo
  • Loan range: $1,000-$100,000
  • Personalized rates in minutes
  • Funds as soon as 1 day
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At this loan amount, there are options for all credit types. However you typically need good or excellent credit to be eligible for the lowest interest rates.

How to get a $10,000 loan

Applicants with bad credit can access these loans through non-traditional lenders, while those in better credit standing may be able to apply with their own bank for quick approval. You can find out more about some of these options below.

If you're looking to get a $10,000 loan quickly, there are lenders that offer one-day turnaround. This means that if you apply for a loan and it's processed by a certain time, usually before the end of the business day, you may be able to have the approved loan amount in your account that same day.

Compare $10,000 loans that you may qualify for

To see a list of lenders you may qualify for, select your credit score range and the state where you live in the table below.

Data indicated here is updated regularly

Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible personal loans
4.99% to 35.99%
Fair to excellent credit
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
SoFi personal loans
5.99% to 18.53%
A highly-rated lender with competitive rates, high loan amounts and no fees.
Upstart personal loans
8.69% to 35.99%
580 or 600 depending on state of residence
This service looks beyond your credit score to get you a competitive-rate personal loan.
LendingTree personal loans
Starting from 3.99%
Good to excellent credit
Receive up to five loan offers in just minutes through LendingTree's simple online form.
NetCredit personal loans
34% to 155%
No minimum
Check eligibility in minutes and get a personalized quote without affecting your credit score.
Monevo personal loans
3.49% to 35.99%
Quickly compare multiple online lenders with competitive rates depending on your credit.
Fiona personal loans
4.99% to 35.99%
Get loan offers from multiple lenders at once without affecting your credit score.
LightStream personal loans
Good to excellent credit
Borrow up to $100,000 with low rates and no fees.
Even Financial personal loans
4.99% to 35.99%
Get connected to competitive loan offers instantly from top online consumer lenders.

Compare up to 4 providers

How much does a $10,000 loan cost?

Find out how much you can expect to pay on a $10,000 loan.

$10,000 loan repayment calculator

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$ in principal and $ in interest charged Compare personal loans now

What are my options if I want to borrow $10,000?

Bad credit or good credit, there are options available to you if you need to borrow a large amount of money.

Loans up to $10,000 are available from both traditional and nontraditional lenders and can come in a variety of forms: Secured or unsecured, short-term or long-term, for personal or business use. The first step to taking out a loan is understanding your options.

There are lenders that offer loans up to $10,000 for people with bad credit. There are usually certain requirements you'll need to meet, and you may be required to secure the loan with an asset. Some lenders may also allow you to submit a joint application if you don't meet the eligibility criteria on your own.

Remember to find out about all the options available to help your chances of being approved. The interest rate on these loans is usually set on an individual basis but may be higher than similar loans for borrowers with good credit.

If you have good credit

You'll most probably have more options available to you if you're looking at borrowing $10,000 and you have good credit. Traditional lenders, such as a bank, will likely be an option, and you'll enjoy lower rates and fees than if it were a bad credit loan. You may also find that your current bank offers same-day funding to existing customers. Depending on your income and other financial circumstances, you may be eligible for a secured or unsecured loan.

If you're willing to secure your loan

Securing your loan with an asset may open up more loan options to you. Secured loans are less risky for lenders as they will be guaranteed to recoup their losses should you default. Because of this, these loans come with lending criteria that are more flexible than unsecured loans, and sometimes they even carry better APRs. Typical assets used to secure a loan include a vehicle or equity in a property, but some lenders also allow for other things, such as jewelry.

If it's for a business

A $10,000 personal loan taken out for business purposes is different from one taken out for personal use. Business loans usually come with higher maximum loan amounts, with some lenders able to approve loans of up to $5 million. Business loans may be available to both established businesses and startups, although small businesses may not have access to larger loan amounts.

Where can I get a $10,000 loan?

  • Online direct lenders. Online direct lenders are typically faster than more traditional options like a bank or credit union. You typically don't need to submit as many documents, and filling out the application only takes a few minutes if you're looking for preapproval.
  • Peer-to-peer (P2P) platforms. Rather than funding your loan directly, peer-to-peer platforms get your loan from investors. The application process is similar to an online direct lender, but it can take as long as a week to get your money.
  • Online marketplaces. These connection services let you apply to prequalify with multiple lenders at once. It's an easy way to make a quick, accurate comparison, although you might end up fielding calls from lenders after you've already taken out a loan.
  • Banks. Banks are generally only an option for borrowers with good to excellent credit. They can have competitive rates but tend to require extra documentation, and the application process is more involved. It can also take longer to get your funds. Local banks, however, tend to have a higher approval rate than online lenders.
  • Credit unions. Your local credit union might be easier to qualify for a $10,000 loan, and they often have competitive rates since they're non-profit financial institutions. However, most credit unions require that you be a member for a few months before letting you apply.

How to find a competitive $10,000 loan

When considering what loan to apply for, it's important to compare features of each loan to make sure you'll receive a competitive offer. Here are some things to look at:

  • Fees. What fees will you be charged with this loan? Remember to consider ongoing fees as well as any charges you will have to pay at the onset, including origination fees.
  • Turnaround time. The time it takes to get your loan approved and for it to arrive into your bank account will differ between lenders. Make sure the lender you apply with can get your loan amount to you when you need it.
  • Repayment schedule. How can you repay your loan? Are you able to repay the loan early without penalty? When are your repayments due? Can you change the schedule when you need it?

Our top 6 tips to get approved with bad credit

  1. Review the eligibility criteria. Do this before you apply to make sure you are eligible. Look for things like minimum income, employment requirements, etc.
  2. Submit all necessary documents. Check what documents are needed and make sure you are able to send everything that the lender requires.
  3. Consider a joint application or guarantor. This can help if you don't have the best credit or if you don't meet the income requirements.
  4. Back it with collateral. Putting up collateral like a CD or valuables offsets the risk to the lender and can help you qualify.
  5. Pay off debt. Having a high debt load and bad credit can make it hard to get approved anywhere, even with a bad credit lender. If you can, take steps to pay down other loans or credit card debt before you apply.
  6. Take advantage of good relationships. If you have a positive relationship with your bank or a lender you worked with in the past, they may be willing to overlook your credit score.

More personal loan types

To compare your borrowing options, check our guide on personal loans. We discuss the different types of personal loans available, how much they usually cost and where you can apply.

There are also quick links to several loans by term and amount below:

Fixed Term

Fixed Amount

7 daysPicture not describedcheckmark$1,000
30 daysPicture not describedcheckmark$1,500
2 monthsPicture not describedcheckmark$2,000
3 monthsPicture not describedcheckmark$3,000
5 monthsPicture not describedcheckmark$4,000
6 monthsPicture not describedcheckmark$5,000
12 monthsPicture not describedcheckmark$10,000
24 monthsPicture not describedcheckmarkCompare more

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32 Responses

  1. Default Gravatar
    JamesApril 29, 2019

    Okay he went down production I got behind on payments my credit score dropped now it says debt consolidation bad credit which nobody will give you they keep passing you on to other creditors other one maybe this person can help you maybe this person help which in fact they cannot so why do they call it debt consolidation when you’re in debt bad credit accepted but yet no one wants to help you

    • Avatarfinder Customer Care
      johnbasanesApril 30, 2019Staff

      Hi James,

      Thank you for reaching out to Finder.

      Each creditor have different categories that they check in order to qualify you to get a loan. You may need to check with them first before applying to ensure that it does not show up on your report. Hope this helps!


  2. Default Gravatar
    DianaApril 24, 2019

    How can I borrow money?

    • Avatarfinder Customer Care
      JoshuaApril 24, 2019Staff

      Hi Diana,

      Thanks for getting in touch with Finder. I hope all is well with you.

      To borrow money, you would need to first assess your needs and preference. From there, start comparing your options by using the table above. Compare based on various factors such as credit score, loan amount, and APR. You can then click on the “Go to site” green button of your chosen provider to learn more.

      Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision. Moreover, check the eligibility requirements as well and consider whether the product is right for you.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  3. Default Gravatar
    JamesMarch 21, 2019

    My daugther is getting married and I need a$ 4000.00 loan my credit isn’t that good but I need some help with it

    • Avatarfinder Customer Care
      johnbasanesMarch 22, 2019Staff

      Hi James,

      Thank you for reaching out to Finder.

      You may be interested in checking the Finder articles we have below:

      Installment loans for bad credit
      Bad credit cash loans

      Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!


  4. Default Gravatar
    JeffNovember 11, 2018

    I am 41 years old with a full time job but I have a credit score of 518 and I am wanting to buy my dream 3.67 ac of land for $10.000 , and I really would love to find bank that I could borrow it from, can u please help me

    • Avatarfinder Customer Care
      johnbasanesNovember 12, 2018Staff

      Hi Jeff,

      Thank you for reaching out to finder.

      You may check on this link to be routed to our page about purchasing land through a personal loan. You may also check on the different lenders available in your state to determine what is suitable for you. Hope this helps!


  5. Default Gravatar
    CDDecember 21, 2017

    Currently unemployed, have no income coming in. However, I have a business account with a little under $9,000.00 in it. I don’t want to touch the biz account for personal finances.

    Can I get a personal loan secured against my business bank account? My credit is good and fair, if that matters.


    • Avatarfinder Customer Care
      JoanneDecember 22, 2017Staff

      Hi CD,

      Thanks for reaching out.

      You may check this page as this will list the lenders who accepts applicants with alternate income.

      There are different loan options for people who are unemployed. Also, there are lenders that may use a car or a boat outright or some equity in a property as security for the loan. It would be best to check the lender’s website or call their customer service line before applying to confirm the lender accepts applications from individuals who are unemployed and for options of using an asset as a security.


  6. Default Gravatar
    FrancisOctober 30, 2017

    I have a credit rating of 538 I’m in desperate need of a 2000 dollar loan I’d be able to pay it one and half months

    • Avatarfinder Customer Care
      JhezOctober 31, 2017Staff

      Hi Francis,

      Thank you for your comment.

      In this case, you may consider a short term loan. You may compare the lenders that offer $2000 short term loans on this page. Once you find a loan you wish to apply for, simply click on the Go to site button. Please make sure to meet the eligibility criteria before submitting your application.

      Hope this helps.


  7. Default Gravatar
    RussOctober 30, 2017

    I am in need of about $5,000 for home improvement and $35,000+ for debt consolidation. How do I proceed?

    • Avatarfinder Customer Care
      JhezOctober 31, 2017Staff

      Hi Russ,

      Thank you for your comment.

      Debt consolidation may help you get out of debt. However, please note that bigger loan means a bigger risk to the lender, and you’ll need to secure the loan by putting down collateral. You may please check with the lenders listed on this page that may consider you for a loan.

      For home improvement loans, you may please refer to this page and compare personal loans you can apply.

      Please do note that the lenders will have to look your capability to repay the loan. You also need to ensure that you meet the eligibility criteria before submitting an application.

      Hope this helps.


  8. Default Gravatar
    EarmaSeptember 24, 2017

    Borrowed money with no bank account.require

    • Avatarfinder Customer Care
      AnndySeptember 25, 2017Staff

      Hi Earma,

      Thanks for your question.

      If you don’t have a bank account, the lenders listed on this page may still consider you for a loan, but you may be required to have a prepaid debit card. Other eligibility criteria apply.

      Kindly review the eligibility criteria of the loan you are interested in before submitting your application.


  9. Default Gravatar
    IreneAugust 16, 2017

    Please i need a loan of $12000

    • Default Gravatar
      DanielleAugust 16, 2017

      Hi Irene,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may customize, review, and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


  10. Default Gravatar
    WesAugust 15, 2017

    I need to borrow 10,000 dollars just to gethe my house ready to sale.and I would pay it back at closing

    • Default Gravatar
      SandraSeptember 6, 2017

      I need a 10.000 dollar personal loan for home repairs I have bad credit.

    • Default Gravatar
      LiezlSeptember 6, 2017

      Hi Sandra,

      Thanks for reaching out. Lenders listed on this page offer loans even to those who have low credit scores. Better still, speak to a loan broker who can help you find a loan product tailored to your personal circumstances.

      Warm regards,

    • Default Gravatar
      DanielleAugust 15, 2017

      Hi Wes,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You are in the right page. You may customize, review, and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


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