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Best Egg personal loans review

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Borrowers love this online lending platform, but watch out for high fees.’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.


Max. Loan Amount

5.99% to 29.99%


640 FICO®

Min. Credit Score


Product NameBest Egg Personal Loans
Min. Loan Amount$2,000
Max. Loan Amount$35,000
APR5.99% to 29.99%
Interest Rate TypeFixed
Min. Credit Score640 FICO®
Origination Fee0.99% to 5.99%
Late Fee$15
Minimum Loan Term3 years
Maximum Loan Term5 years
Turnaround TimeAs few as 1 business day(s)
Check my rate

Expert review

Anna Serio

Review by

Anna 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,, 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
Best Egg also considers your credit score history, debt-to-income ratio and other information you give in your loan application.

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


  • 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


  • 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
Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible Personal Loans
3.99% to 35.99%
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Fiona Personal Loans
4.99% to 35.99%
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Monevo Personal Loans
3.49% to 35.99%
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Even Financial Personal Loans
4.99% to 35.99%
Get connected to competitive loan offers instantly from top online consumer lenders.
Upgrade Personal Loans
6.98% to 35.89%
Affordable loans with two simple repayment terms and no prepayment penalties.
PenFed Credit Union Personal Loans
6.49% to 17.99%
With over 80 years of lending experience, this credit union offers personal loans for a variety of expenses.
SoFi Personal Loans
5.99% to 18.64%
A highly-rated lender with competitive rates, high loan amounts and no fees.

Compare up to 4 providers

What do customers say about Best Egg?

BBB accreditedYes
BBB ratingA+
BBB customer reviews5 out of 5 stars, based on 2735 customer reviews
Trustpilot score4.8 out of 5 stars, based on 4,200 customer reviews
Customer reviews verified as of09 March 2020
Best Egg has overwhelmingly positive online reviews. Borrowers loved how quick, easy and simple the application process was, though a handful had trouble accessing their online account or getting through to customer service. A few customers reported problems with unauthorized ACH withdrawals and at least one was accidentally charged the wrong interest rate. But Best Egg has worked to resolve all 123 customer complaints filed with the BBB. On top of this, it gave personalized responses to comments on both its BBB page and Trustpilot, an indicator of strong customer service.

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:

  1. Enter your email address and any offer codes you might have and click Check Your Rate.
  2. 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.
  3. Complete the remaining fields and click Check My Rates.
  4. 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

Personal loan ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top personal loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, customer reviews, loan amounts, loan processing and borrower experience.

Read the full methodology of how we rate personal loan providers.

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  1. Default Gravatar
    August 14, 2017

    I am looking for a loan for $4500. I have fair credit. I have been turned down before for a loan but if granted the $4500 loan it will be paid back to you within the month

    • Avatarfinder Customer Care
      August 14, 2017

      Hi Ellen,

      As a friendly reminder, we do not represent Best Egg or any of the companies that we feature on our pages.

      You may want to contact Best Egg directly should you want to apply for a loan with them.

      For other options, you may check our page on Personal Loans.


  2. Default Gravatar
    April 12, 2017

    Does Best Egg report to all 3 credit bureau and if so how often do they report?

    • Avatarfinder Customer Care
      July 9, 2017

      Hi Debbie,

      Thank you for your inquiry.

      While we do not represent any company that we feature on our pages, we can offer you a general advice. With regard to this matter, you may want to try to clarify this directly with the lender. Meanwhile, should you need to request for your credit score please visit this page.

      I hope this information has helped.


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