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: 4.8 / 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 and manual payment 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 staff writer untangling everything you need to know about personal loans, including student, car and business loans. She spent five years living in Beirut, where she was a news editor for The Daily Star and hung out with a lot of cats. She loves to eat, travel and save money.
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’ll be on the hook for both a steep origination fee and manual payment 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, late payment and manual payment fees
- Harder to qualify if you’re self-employed
Compare personal loans from top providers
Updated November 18th, 2019
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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 2563 customer reviews |
| Trustpilot score | 4.8 out of 5, based on 3,528 customer reviews |
| Customer reviews verified as of | 04 November 2019 |
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 don’t choose to use autopay, Best Egg charges a $7 fee for each transfer. And 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.
Important information
The Annual Percentage Rate (APR) is the cost of credit as a yearly rate and ranges from 5.99%-29.99%, which may include an origination fee from 0.99%–5.99% that is deducted from loan proceeds. Any origination fee on a loan term 4-years or longer will be at least 4.99%. The loan term and the APR offered will depend on your credit score, income, debt payment obligations, loan amount, credit usage history and other factors. Additionally, the APR offered is impacted by your loan term and may be higher than our lowest advertised rate. Requests for the highest loan amount may result in an APR higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest rate. Best Egg loans are unsecured personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. Equal Housing Lender. "Best Egg" is a trademark of Marlette Funding, LLC. All uses of "Best Egg" on this site mean and shall refer to "the Best Egg personal loan" and/or "Best Egg on behalf of Cross River Bank, as originator of the Best Egg personal loan," as applicable. Loan amounts generally range from $2,000-$35,000. Offers up to $50,000 may be available for qualified customers who receive offer codes in the mail. The minimum individual annual income needed to qualify for a loan of $50,000 is $130,000. Borrowers may hold no more than two open Best Egg loans at any given time. In order to be eligible for a second Best Egg loan, your existing Best Egg loan must have been open for at least four months. Total existing Best Egg loan balances must not exceed $50,000. All loans in MA must exceed $6,000; in NM, OH must exceed $5,000; in GA must exceed $3,000. Borrowers should refer to their loan agreement for specific terms and conditions. Your verifiable income must support your ability to repay your loan. Upon loan funding, the timing of available funds may vary depending upon your bank's policies. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
Frequently asked questions
Personal loan ratings
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