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Compare 3-year fixed rate personal loans

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Take your next financial step and pay it off with a competitive fixed-rate loan.

Whether it be money to refurnish your home, buy a used car or just some extra cash to fund a big vacation, you could consider a three-year term loan. Find out how these loans work, how much they cost and how to compare them.

Top personal loans with three-year repayment terms

Provider Loan Term Starting APR Requirements
LendingClub Personal Loan
LendingClub Personal Loan
3 to 5 years 6.16% to 35.89% US citizen or permanent resident, verifiable bank account, steady source of income, be 18+ years old. Go to site More
Prosper Personal Loans
Prosper Personal Loans
3 or 5 years 6.95%–35.99% Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score. Go to site More
SoFi Personal Loan Fixed Rate (with Autopay)
SoFi Personal Loan Fixed Rate (with Autopay)
3 to 7 years 6.99% to 14.87% At least 18 years old, US citizen or permanent resident. Go to site More
Even Financial Personal Loans
Even Financial Personal Loans
2–7 years 4.99%–35.99% Must have a minimum credit score of 580+. Must be 18+ years old and be an American citizen or permanent resident. Go to site More

How do three-year personal loans work?

A three-year personal loan is one you repay with regular monthly payments over 36 months. When you apply for a fixed-rate personal loan, the rate applied to your loan when you sign the contract remains the same throughout the entire loan term. Many lenders offer personal loans with a fixed rate term of three years. Another common repayment term is five years.

These loans can be secured or unsecured and fees and restrictions differ depending on the lender. You may be subject to early repayment fees or fees for making additional repayments.

What types of loans can I get with a three-year term?

Three-year fixed rate loans can be used for various purposes and there are a few different types available including:

  • Secured personal loans. If you’re considering a secured personal loan, think about using the equity in your home, money in a savings account or any other valued asset — fine art or jewelry — as security for the loan.
  • Unsecured personal loans. This type of loan requires no secured asset and can be used for nearly anything from consolidating debt to making a large purchase.
  • Car loans. When buying a new or used car you’ll find various options for three-year fixed loans. For example, if the loan is secured you should be able to lock in a more competitive rate.

How can I compare my three-year fixed rate options?

If you’re certain that a three-year fixed rate loan is right for you, the next step is to compare all of your options to get the best deal possible. Here are some features to look out for when comparing:

  • Interest rate. You’ll be locked into this interest rate for three years, so be sure it’s competitive. Also, secured loans tend to have better rates than unsecured loans — keep in mind that you’re risking an asset if you fail to make payments on a secured loan.
  • Upfront and ongoing fees. Are there any application or origination fees? Will you be charged monthly or annual fees? Always calculate the true cost of the loan by incorporating interest rates and fees.
  • Other fees. Find out before you apply if your loan will attract fees for making additional payments or repaying the loan ahead of time.
  • Eligibility. Factors vary by lender, but a few things that may be taken into consideration are your credit history, debt-to-income ratio, annual income and employment.

Compare three-year loans now

How much will I pay with a three-year fixed rate loan?

In order to budget properly, you’ll have to examine how much your loan will cost you depending on different interest rates and the amount you plan on borrowing. Here’s how much your estimated monthly payment could be on a three-year loan with different loan amounts and interest rates:

Loan amount5% APR10% APR15% APR20% APR

Pros and cons to consider before applying


  • You can lock in a competitive rate.
  • Shorter loan terms can help keep your repayments low depending on how much you borrow.
  • A wide range of lenders offer three-year fixed rate personal loans, so you have many loans to compare.


  • If market conditions improve, you won’t benefit from lowered repayments like you would with a variable rate loan.
  • You may pay a fee to pay back your loan early or make additional repayments.
  • If your situation changes and you need to switch to a loan with a longer loan term, you’ll typically pay a fee.

Compare more personal loan options

Rates last updated October 19th, 2018

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Unfortunately, none of the personal loan providers offer loans for that credit score. If you are in urgent need of a small loan, you might want to consider a short term loan.
Name Product Product Description Min. Credit Score Max. Loan Amount APR
Credible Personal Loans
Get personalized rates in minutes and then choose a loan offer from several top online lenders.
Good to excellent credit
4.99%–36% (fixed)
Upgrade Personal Loans*
Affordable loans with two simple repayment terms and no prepayment penalties.
6.99% to 35.97% (fixed)
Even Financial Personal Loans
Get connected to competitive loan offers instantly from top online consumer lenders.
4.99%–35.99% (fixed)
LendingClub Personal Loan
A peer-to-peer lender offering fair rates based on your credit score.
6.16% to 35.89% (fixed)
Monevo Personal Loans
Quickly compare multiple online lenders with competitive rates depending on your credit score.
3.09%–35.99% (fixed)
Conveniently check your loan options without affecting your credit score.
9.95%–35.99% (fixed)
SoFi Personal Loan Fixed Rate (with Autopay)
No fees. Multiple member perks such as community events and career coaching.
6.99% to 14.87% (fixed)
Payoff Personal Loans
Pay down your debt with a fixed APR and predictable monthly payments.
5.99% to 24.99% (fixed)
OneMain Financial Personal and Auto Loans
An established online and in-store lender with quick turnaround times. Poor credit is OK.
16.05%–35.99%* (fixed)
NetCredit Personal Loan
Check eligibility in minutes and get a personalized quote without affecting your credit score.
34%–155% (Varies by state) (fixed)
CashUSA Installment Loans
A connection service for quick cash loans up to $10,000.
Bad credit OK
5.99%–35.99% (fixed)

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US Personal Loans Offers

Important Information*
Even Financial Personal Loans

Get connected to competitive loan offers instantly from top online consumer lenders.

Prosper Personal Loans

Borrow only what you need for debt consolidation, home improvements and more — with APRs based on overall creditworthiness.

LendingClub Personal Loan

A peer-to-peer lender offering fair rates based on your credit score.

SoFi Personal Loan Fixed Rate (with Autopay)

No fees. Multiple member perks such as community events and career coaching.

Go to site