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6 loans like Marcus by Goldman Sachs

Compare online loans with lower rates — or more flexible requirements.

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Anna Serio
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Marcus is the online lending arm of Goldman Sachs. Its competitive interest rates run from 6.99% to 19.99% APR with no fees — ever. But it has a limited range of loan amounts and it could be difficult to qualify if you’re self-employed or have an open payday loan.

These alternatives all offer online applications. Some at a lower cost, others with more flexible requirements. And a few even have the backing of a bank.

6 top lenders like Marcus

SoFi personal loans


4.3 / 5
★★★★★

Go to site

on SoFi's secure site

SoFi is an online lender that offers lower starting interest and more borrower benefits than you’ll find with Marcus. Borrowers get access to perks like free financial advice and career coaching. It’s also a true no-fee lender — unlike Marcus, it doesn’t charge extra interest if you’re late on a repayment. But loans start at a high $5,000 and it can take a month to get your funds.

  • Not available in: Mississippi, Vermont
Pros
  • No fees
  • Low starting APR of 4.99%
  • Member perks
Cons
  • Not ideal for small loans
  • Turnaround as long as 30 days
  • Doesn’t send consolidation loans to your creditors
Loan Amount$5,000 to $100,000
APR5.74 to 20.28%
Interest Rate TypeFixed
Min. Credit Score680
Turnaround TimeUp to 30 days
Maximum Loan Term7 years
Minimum Loan Term2 years

LightStream personal loans


4.83 / 5
★★★★★

Go to site

on Lightstream's secure site

LightStream is the online lending arm of Truist Bank — formerly SunTrust. It has some of the lowest rates available, plus a program that can beat a competitor’s APR offer, as long as it meets certain conditions. You can also get your funds the same day you apply. But it’s tough to qualify if you don’t have good or excellent credit — usually around 670 or higher — and there’s no preapproval process.

  • Available in all states
Pros
  • Rate beat program
  • High 0.5% autopay discount
  • Potential same-day turnaround
Cons
  • No prequalification
  • High minimum loan amount of $5,000
  • Tough credit requirements
Loan Amount$5,000 to $100,000
APRCompetitive
Interest Rate TypeFixed
Min. Credit ScoreGood to excellent credit
Turnaround TimeAs soon as next day
Maximum Loan Term7 years
Minimum Loan Term2 years

Prosper personal loans


3.42 / 5
★★★★★

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on Prosper Funding LLC's secure site

Prosper is a peer-to-peer platform that may be more friendly to fair credit borrowers. Its rates are higher than Marcus, starting at 7.95% — and everyone pays an origination fee of 2.41% to 5%. But you can qualify with a credit score as low as 640, and it offers loans as low as $2,000.

  • Not available in: Iowa, North Dakota, West Virginia
Pros
  • Accepts fair credit
  • Loans amounts start lower than Marcus
  • Accepts 50% debt-to-income ratio
Cons
  • Everyone pays an origination fee
  • Funding can take up to five days
  • High rates from 7.95% to 35.99% APR
Loan Amount$2,000 to $40,000
APR7.95% to 35.99%
Interest Rate TypeFixed
Min. Credit Score640
Turnaround TimeUp to five business days
Maximum Loan Term5 years
Minimum Loan Term3 years

Upstart personal loans


4.15 / 5
★★★★★

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on Upstart Personal Loans's secure site

Upstart could be a better fit than Marcus if you’re just starting to build your credit. It looks at your education and career to help offset a less-than-perfect credit score. It also offers a wider range of loan amounts, from $1,000 to $50,000. But skip this one if you can easily qualify with Marcus. Its rates start at a high 8.27% and origination fees run as high as 8%. And it requires a lower DTI ratio than other lenders, so it isn’t ideal for debt consolidation.

  • Not available in: West Virginia
Pros
  • Accepts fair credit
  • Factors in education and career
  • Loans from $1,000 to $50,000
Cons
  • Higher APRs than Marcus
  • Origination fee as high as 8%
  • Not ideal for debt consolidation
Loan Amount$1,000 to $50,000
APR3.50% to 35.99%
Interest Rate TypeFixed
Min. Credit Score580 or 600 depending on state of residence
Turnaround Time1 to 3 business days
Maximum Loan Term5 years
Minimum Loan Term3 years

Best Egg personal loans


3.8 / 5
★★★★★

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on Best Egg's secure site

This online lender offers lower starting rates than Marcus and accepts fair credit borrowers. Best Egg’s customers seem to love their experiences: It gets rave reviews on sites like the Better Business Bureau and TrustPilot. But its origination fees are on the high end, running up to 5.99%. And it can be hard to qualify if you’re self-employed

  • Not available in: Iowa, Vermont, West Virginia
Pros
  • Lower starting APRs than Marcus
  • Positive customer reviews
  • Get funds as fast as one business day
Cons
  • Origination fee from 0.99% to 5.99%
  • Hard to qualify if self-employed
Loan Amount$2,000 to $50,000
APR5.99% to 35.99%
Interest Rate TypeFixed
Min. Credit Score600
Turnaround TimeAs few as 1 business day(s)
Maximum Loan Term5 years
Minimum Loan Term3 years

Discover personal loans


4 / 5
★★★★★

Read review

Discover Bank may offer the closest alternative to Marcus. Its rates range from 6.99% to 24.99% APR with loans from $2,500 to $35,000. It also sends funds directly to creditors if you want to consolidate debt, and offers a 30-day money back guarantee. But there’s no discount for autopay and it charges high late fees of $39 with no grace period.

  • Available in all states
Pros
  • Rates similar to Marcus
  • No origination fee
  • 30-day money back guarantee
Cons
  • No loans over $35,000
  • No autopay discount
  • Steep late fees
Loan Amount$2,500 to $35,000
APR5.99% to 24.99%
Interest Rate TypeFixed
Min. Credit ScoreGood to excellent credit
Turnaround Time1 to 7 days
Maximum Loan Term7 years
Minimum Loan Term3 years

Compare more personal loans

Data updated regularly
Name Product Filter Values APR Min. Credit Score Loan Amount
Credible personal loans
Credible personal loans
2.49% to 35.99%
Fair to excellent credit
$600 to $100,000
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
Go to site
More Info
Best Egg personal loans
Best Egg personal loans
5.99% to 35.99%
600
$2,000 to $50,000
A prime online lending platform with multiple repayment methods.
Go to site
More Info
PenFed Credit Union personal loans
PenFed Credit Union personal loans
4.99% to 17.99%
650
$600 to $25,000
With over 80 years of lending experience, this credit union offers personal loans for a variety of expenses.
Go to site
More Info
SoFi personal loans
SoFi personal loans
5.74 to 20.28%
680
$5,000 to $100,000
A highly-rated lender with competitive rates, high loan amounts and no fees.
Go to site
More Info
Monevo personal loans
Monevo personal loans
1.99% to 35.99%
None
$500 to $100,000
Quickly compare multiple online lenders with competitive rates depending on your credit.
Go to site
More Info
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Compare up to 4 providers

How does Marcus compare?

You can read our review of Marcus by Goldman Sachs personal loans to get an overview of what this lender offers. But here are the highlights:

Pros

  • Backed by a big firm
  • No fees
  • Specializes in debt consolidation
  • Discounted interest rates for US service members

Cons

  • Harder to qualify with income from self-employment
  • Potentially high late payment charges
  • Not available in Maryland

See how other top providers compare to different lenders by checking out A-to-Z directory.

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