Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Compare personal loan brokers

Take the stress out of comparing personal loans by using a lender connection service.


Fact checked

Finding a personal loan can take a lot of time and effort. A personal loan broker can cut the time you spend by adding in a middle man that can facilitate a loan for you. And if you don’t have the best credit or are facing a complicated situation, a broker may even be able to find you a loan you didn’t know you could qualify for.

How do personal loan brokers work?

Personal loan brokers — also called lender connection services — work in a similar way to mortgage brokers: they help you find a good deal on a personal loan. To do this, personal loan brokers have a network of lenders that have set eligibility criteria for potential borrowers.

If a personal loan broker is able to find a lender that might fit your needs, you’ll be presented with a preapproval offer. After this, you will likely have to finalize the offer with the lender directly, though some brokers are able to facilitate that portion of the process as well.

Compare personal loan connection services

Data indicated here is updated regularly
Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Fiona personal loans
4.99% to 35.99%
Get loan offers from multiple lenders at once without affecting your credit score.
LoansUnder36 personal loans
5.99% to 35.99%
All credit types welcome
Its network of lenders offer affordable loans with reasonable rates.
Credible personal loans
4.99% to 35.99%
Fair to excellent credit
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
Monevo personal loans
3.49% to 35.99%
Quickly compare multiple online lenders with competitive rates depending on your credit.
Even Financial personal loans
4.99% to 35.99%
Get connected to competitive loan offers instantly from top online consumer lenders.
LendingTree personal loans
Starting from 3.99%
Good to excellent credit
Receive up to five loan offers in just minutes through LendingTree's simple online form.

Compare up to 4 providers

Why should I consider a personal loan broker?

Lender connection services offer convenience. Rather than filling out multiple applications for a variety of lenders, a personal loan broker only requires you to fill out one application. You’ll receive your offers through the broker, which can save you time.

It might be particularly useful if you have trouble meeting the standard eligibility criteria at larger financial institutions. This is because brokers tend to have a better understanding of different lending requirements of various lenders, so they won’t recommend products that you are likely to be rejected for.

And to top it all off, using a personal loan broker is free. Instead of charging you, brokers receive a commission from the lender once you’re approved for a loan. You’ll save time without having to pay for the privilege of being connected to lenders.

How are personal loan brokers and direct lenders different?

Personal loan brokersDirect lenders
Application processOne application could connect you with multiple lenders. It takes about 10 minutes to apply.One application per lender. It takes about 10 minutes to apply with each individual lender.
Types of feesUsually free of charge, although peer-to-peer lenders may charge an origination fee.Varies by lender. Fees can include an application fee, an origination fee, a prepayment penalty and a late fee.
Safety of your informationWebsites are SSL-encrypted, but brokers will share your contact information with multiple lenders.Websites are SSL-encrypted. They don’t share your information with anyone, and employees usually have restricted access.
Typical minimum qualificationsIt depends on the lenders within the broker’s network.Good to excellent credit, a regular source of income, at least 18 years old, a US citizen or permanent resident.

How to find a good matching service

  • Loans offered. Most brokers only connect borrowers with unsecured personal loans. If you need a specific loan, check to make sure your broker has that type of lender in its network.
  • Loan conditions. Every personal loan comes with certain conditions regarding early payments, late payments and loan terms. Check with your lender to make sure you agree to the borrowing conditions.
  • Type of interest. Most brokers only offer fixed-rate loans. If you’re interested in variable-rate loans, look for that information on the broker’s website before applying.
  • Lender network. A larger network will increase the likelihood you’ll be connected with a lender that can finance your loan.
  • Processing time. Brokers will need to underwrite your application before you can be connected with a lender. Usually this only takes a few minutes, but some with more strenuous eligibility criteria may take longer.
  • Customer service. While you may not be working with your broker for the entire duration of your loan, you’ll want to be sure its customer service is top-notch just in case you have any questions or run into any problems.
  • How they work. Some brokers operate almost entirely online, while others use the more traditional methods like phone, fax and mail.

What to avoid with personal loan brokers

  • Small lender networks. The more lenders your broker has access to, the better your chance of getting the best loan available. Make sure your broker compares a large range of options, otherwise you might as well just do it yourself.
  • Commissions. Most brokers run off of commissions, but you’ll still want to be sure how it affects the broker’s recommendations. Less honest brokers might push lenders that pay them higher rather than the ones that offer the best option for you.
  • Fees and charges. There are multiple personal loan brokers that don’t charge a fee for a connection service. If you opt for one that does, ensure that all fees are clearly explained before you commit to your broker and your loan.
  • Scams. Reputable personal loan brokers don’t charge a fee for you to apply. You should also be wary of other warning signs like an unsecure website or a company without a physical address.

Bottom line

A personal loan broker can be a handy tool when you’re ready to compare lenders but aren’t sure where to start. With many offering a connection service online, you can apply from the comfort of your own home without having to visit website after website to check terms. However, you’ll still want to make sure your lender is legit before you agree to a loan.

And if you’d rather compare direct lenders, our guide to personal loans can help guide you through the comparison process.

Frequently asked questions

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

6 Responses

  1. Default Gravatar
    MarcFebruary 9, 2019

    I experienced a BK in 2011 (discharged) I’m attempting to acquire a personal non secured loan for medical reasons. My credit score with Trans Union is 698. My income is 60,000 annually from two sources, I’m about to pay off my car at my credit union, I’m looking for a loan that will keep my payments down (under $300 monthly) on a 60 or 72-month term. Considering the BK, do you know a reputable lender who will accept this situation?

    • Avatarfinder Customer Care
      JoshuaFebruary 17, 2019Staff

      Hi Marc,

      Thanks for getting in touch with Finder. I hope all is well with you. :)

      I’m sorry to hear about your situation, Marc. We do have a list of lenders who might be able to accommodate your needs. Please go to this page.

      On that page, please check the details found under the subheading, “Which lenders accept applicants who’ve filed for bankruptcy?” You’ll find a table there that lists potential lenders along with their conditions. You can then compare your options and click on the hyperlinked name of your chosen lender to learn more.

      Alternatively, on the same page, there’s a table as well that lists other lenders you can apply for online. You can also give that a try. Use the table to compare your options based on maximum loan amount, turnaround time, and requirements. Once you found the right one for you, click on the “Go to site” green button to learn more or initiate your application.

      You may also speak to one of the personal loan brokers listed on this page and discuss your available options. Again, you can use the table above to compare these loan brokers and click on the “Go to site” green button to be redirected to their website where you can directly get in touch with them.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  2. Default Gravatar
    RobertApril 30, 2018

    Have you heard of simple money-Uk? Are they legitimate or a scam?

    • Default Gravatar
      joelmarceloMay 1, 2018

      Hi Robert,

      Thanks for leaving a question on finder. Please note that we are a comparison website and we do not represent any of the providers on our page.

      Unfortunately, we can not vouch for a company that is not on our website. You may want to use an external search engine or facebook to look up reviews about them. Hope it helps!


  3. Default Gravatar
    MukulOctober 6, 2017

    A phone call came to me that they will provide me mortage loan on my insurance policy first make a policy is it ok or not

    • Default Gravatar
      DanielleOctober 7, 2017

      Hi Mukul,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      We won’t be able to tell which would be the best option for you since it would depend on your personal situation and circumstance. However, a broker can help you find the option that is best suited to your situation and requirements, and you’ll also have the benefit of filling out a single initial form rather than visiting multiple websites and repeating the process. You may review and compare the offers available on the table above. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


Go to site