Best Egg isn’t available everywhere
While Best Egg has an extensive reach across the US, it isn’t available in the following states and territories:
- Iowa
- Vermont
- West Virginia
- Puerto Rico
- Guam
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Best Egg personal loans review
Last updated:
Borrowers love this online lending platform, but watch out for high fees.
finder.com’s rating: 3.85 / 5.0
★★★★★
- Best for borrowers looking for an online lender with a great reputation for customer service.
- Pick something else if you want to avoid high origination fees.
$35,000
Max. Loan Amount
5.99% to 29.99%
APR
640 FICO®
Min. Credit Score
Details
| Product Name | Best Egg Personal Loans |
|---|---|
| Min. Loan Amount | $2,000 |
| Max. Loan Amount | $35,000 |
| APR | 5.99% to 29.99% |
| Interest Rate Type | Fixed |
| Min. Credit Score | 640 FICO® |
| Origination Fee | 0.99% to 5.99% |
| Late Fee | $15 |
| Minimum Loan Term | 3 years |
| Maximum Loan Term | 5 years |
| Turnaround Time | As few as 1 business day(s) |
Expert review
Review by
Anna Serio
anna.serio@finder.comAnna Serio is a trusted loans expert who's published more than 800 articles on Finder to help Americans strengthen their financial literacy. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Today, digital publications like Fundera, Business.com, and ValueWalk feature her professional advice, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020.
Expert review
Best Egg might be best for borrowers looking to work with a company with stellar customer reviews. It has high ratings on both the Better Business Bureau (BBB) and Trustpilot, with many customers praising its quick and easy application process.
But it’s not the cheapest option out there — you may be on the hook for a steep origination fee. You also can’t borrow more than $35,000 unless you received a prequalification offer in the mail. And it’s harder to qualify if you’re self-employed.
Not sure Best Egg is right for you? Compare your other personal loan options below.
First, am I eligible?
To apply, you have to meet the following eligibility criteria:
- Must have a FICO® score of 640+
- Be a US citizen or permanent resident
- Must not reside in IA, WV, VT, PR, or GU
Pros
- Mailed preapproval notices allow loans up to $50,000
- Stellar customer reviews from Trustpilot and the BBB
- Multiple repayment methods, including Western Union Quick Collect
- Available in most US states
Cons
- Good to excellent credit required
- High origination and late payment fees
- Harder to qualify if you’re self-employed
Compare personal loans from top providers
Updated March 28th, 2020
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What do customers say about Best Egg?
| BBB accredited | Yes |
|---|---|
| BBB rating | A+ |
| BBB customer reviews | 5 out of 5 stars, based on 2735 customer reviews |
| Trustpilot score | 4.8 out of 5 stars, based on 4,200 customer reviews |
| Customer reviews verified as of | 09 March 2020 |
How do I get started?
Click the Go to site button on this page to be redirected to Best Egg’s online form. Then follow these steps:
- Enter your email address and any offer codes you might have and click Check Your Rate.
- Fill out the required fields with information about how much you’d like to borrow and your personal information. Read and agree to the e-sign consent, privacy notice and credit report authorization before clicking Continue.
- Complete the remaining fields and click Check My Rates.
- You should be taken to a page displaying different offers you qualify for. Click View to learn more about each of them.
What information do I need?
Completing Best Egg’s online form requires you to submit some basic information:
- Full name and contact information
- Social Security number and date of birth
- Copy of a government-issued ID
- Details about your employment status and annual income
Step-by-step instructions with screenshots
What happens after I apply?
Best Egg will process your application and notify you of an approval decision within a few minutes. If you’re approved, you will be able to confirm the information about yourself and sign your loan documents. You may receive your loan funds within one to two business days.
How do repayments work with Best Egg?
You can repay your loan by setting up an electronic funds transfer with your account, through Best Egg’s website, by mail or even through Western Union. Electronic funds transfers come with an autopay option, which tends to make repayments less of a hassle — it’s one less thing to remember. If you’re late on a payment — no matter which method you use — Best Egg charges a $15 fee.
If you run into any problems or have any questions, you can contact Best Egg by calling 855-282-6353.
On the fence about Best Egg? Compare your other personal loan options or read our guide to sites like Best Egg to find a lender that better suits your needs.
Frequently asked questions
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