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Best personal loans that accept cosigners or coapplicants

Applying with a cosigner can get you a better deal — but lenders that accept them are rare.

Updated . What changed?

Fact checked

The coronavirus pandemic has had an unprecedented impact on Americans’ finances. If you lost your job and are considering taking out a personal loan to cover bills, you might have a difficult time qualifying. Read our financial guide to COVID-19 to explore other options available to you.

Lenders that accept cosigners on a personal loan are few and far between. Many allow you to apply with a coapplicant, which can help you qualify for larger loan amounts and lower rates. But you both need to meet the minimum requirements.

Luckily, there are options for all credit types — from scores as low as 300 and as high as 850.

What’s the difference between a cosigner and a coapplicant?

A cosigner is someone who lets you use their credit score and income to help improve your chances of approval. If you are unable to repay your loan, your cosigner is responsible for making payments on your behalf. However, they don’t have access to your loan funds and can’t dictate how you use them. Lenders that accept cosigners for personal loans are rare.

A coapplicant — also called a coborrower or joint applicant — submits their information along with yours. This can also help improve your chances of approval and help you qualify for a larger loan since the lender will consider your combined income. But unlike a cosigner, a coapplicant is equally entitled to the loan funds — and equally responsible for repayment. There are quite a few lenders that offer joint applications for personal loans.

Because lenders that accept cosigners are rare, we chose to include providers that accept coapplicants so you can make an informed financial decision when you borrow.

Best personal loans that accept cosigners or coapplicants

LightStream logo
Finder Rating: 4.83 / 5

★★★★★

Check my rate
at LightStream's secure site

Best for low starting rates: LightStream

670
Min. Credit Score
Varies
Starting APR
$100,000
Loan Amount
LightStream offers competitive rates and long loan terms. And if you don't quite qualify, a coapplicant can help boost your application. Its Rate Beat Program can also help you score a low APR by offering to beat competitor rates by 0.1% if you meet its requirements.

But there's no preapproval process. LightStream will do a hard pull of your credit and the credit of your coapplicant, which can temporarily lower your scores. If you want to compare rates, make LightStream the last application you fill out.

  • Highly competitive rates
  • Rate Beat Program
  • May be able to get your funds the same day
  • No origination fee
  • No customer service phone number
  • No preapproval process
  • Large minimum loan amount of $5,000
Loan Amount $5,000 – $100,000
APR Varies
Interest Rate Type Fixed
Min. Credit Score 670
Min term 24 months
Max term 84 months
Turnaround Time Varies
Disclaimer
*Your APR may differ based on loan purpose, amount, term, and your credit profile. Rate is quoted with AutoPay discount, which is only available when you select AutoPay prior to loan funding. Rates without Autopay may be higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice.

Payment example: Monthly payments for a $10,000 loan at 5.95% APR with a term of 3 years would result in 36 monthly payments of $303.99.

© 2020 Truist Financial Corporation. SunTrust, Truist, LightStream, the LightStream logo, and the SunTrust logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
Lendvious Personal Loan Marketplace logo
Finder Rating: 4.55 / 5

★★★★★

Check my rate
at Lendvious Personal Loan Marketplace's secure site

Best for comparing rates: Lendvious Personal Loan Marketplace

550
Min. Credit Score
5.99%
Starting APR
$100,000
Loan Amount
Not all of the lenders in Lendvious's network accept coapplicants, but some do. And if you've been struggling to find a lender that will accept bad credit and a coapplicant, you might be connected to one that can work with you. Its rates and terms vary based on the credit of both you and your coapplicant, so you'll need to fill out its online form to see what type of loan you might qualify for.
  • Accepts borrowers with bad credit
  • Low starting APR
  • Prequalifying won't affect credit score
  • Might have to field phone calls and emails from partner lenders
  • No customer service phone number
Loan Amount $1,000 – $100,000
Interest Rate Type Fixed
Min. Credit Score 550
Min term 24 months
Max term 60 months
SoFi personal loans logo
Finder Rating: 4.3 / 5

★★★★★

Check my rate
at SoFi personal loans's secure site

Best for good credit: SoFi personal loans

680
Min. Credit Score
5.99%
Starting APR
$100,000
Loan Amount
SoFi snags the position of best overall for personal loans — and it's a solid choice if you want to fill out a joint application. It offers a slew of benefits to borrowing, including career coaching, networking events and rate discounts. You can also bank and invest with SoFi. But its maximum APR of 20.91% is quite high for a lender that only accepts good credit. Even with a coapplicant, you may need excellent credit to score more competitive rates and terms.
  • Competitive APRs from 5.99% to 18.82%
  • Loans up to $100,000
  • No fees — not even late fees
  • Career training and networking events available
  • Optional banking system
  • Loans start at $5,000
  • Good to excellent credit required
Loan Amount $5,000 – $100,000
APR 5.99% to 16.19%
Interest Rate Type Fixed
Min. Credit Score 680
Min term 24 months
Max term 84 months
Turnaround Time Varies
Disclaimer
Fixed rates from 5.99% APR to 16.19% APR (with AutoPay). SoFi rate ranges are current as of July 10, 2020 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, income, and other factors. See APR examples and terms. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.
Upgrade personal loans logo
Finder Rating: 3.98 / 5

★★★★★

Check my rate
at Upgrade personal loans's secure site

Best for fair credit: Upgrade personal loans

600
Min. Credit Score
7.99%
Starting APR
$35,000
Loan Amount
You only need a credit score of 600 to qualify for a loan from Upgrade — but a coapplicant with a low debt-to-income ratio and a higher score can be useful if you want to avoid an APR of 35.89%. Borrowing with Upgrade also comes with free credit monitoring, which can help you keep an eye on your score and any errors on your report. And if you need flexibility with your loan funds, Upgrade also offers a line of credit.
  • Flexible loan options
  • No prepayment penalty
  • Quick turnaround
  • Inflexible loan terms
  • High origination fee of up to 6%
  • Must have at least $1,000 left over after monthly expenses
  • Stricter eligibility criteria for self-employed applicants
Loan Amount $1,000 – $35,000
APR 7.99% to 35.97%
Interest Rate Type Fixed
Min. Credit Score 600
Min term 36 months
Max term 60 months
Turnaround Time Up to 5 business days
Disclaimer

Personal loans made through Upgrade feature APRs of 6.98%-35.89%. All personal loans have a 1.5% to 6% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. For example, if you receive a $10,000 loan with a 36-month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by WebBank, Member FDIC.

OneMain Financial Personal Loans logo
Finder Rating: 3.4 / 5

★★★★★

Check my rate
at OneMain Financial Personal Loans's secure site

Best for bad credit: OneMain Financial Personal Loans

300
Min. Credit Score
18%
Starting APR
$20,000
Loan Amount
OneMain Financial's rates are on the high side — even if you have a coapplicant. However, it's still less expensive than working with a short-term lender. And you may be able to get your funds the same day you apply. It also allows you to back your loan with collateral to increase your chances of approval.
  • No hidden fees.
  • Quick funding.
  • Apply even with fair credit.
  • Potentially high APR compared to other lenders.
Loan Amount $1,500 – $20,000
APR 18% to 35.99%
Interest Rate Type Fixed
Min. Credit Score 300
Min term 24 months
Max term 60 months
Turnaround Time As soon as the same day
Disclaimer
Not all applicants will qualify for larger loan amounts or most favorable loan terms. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). Larger loan amounts require a first lien on a motor vehicle no more than ten years old, that meets our value requirements, titled in your name with valid insurance. Maximum annual percentage rate (APR) is 35.99%, subject to state restrictions. APRs are generally higher on loans not secured by a vehicle. Depending on the state where you open your loan, the origination fee may be either a flat amount or a percentage of your loan amount. Flat fee amounts vary by state, ranging from $25 to $300. Percentage-based fees vary by state ranging from 1% to 10% of your loan amount subject to certain state limits on the fee amount. Active duty military, their spouse or dependents covered under the Military Lending Act may not pledge any vehicle as collateral for a loan. OneMain loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z, such as college, university or vocational expenses; for any business or commercial purpose; to purchase securities; or for gambling or illegal purposes.

Borrowers in these states are subject to these minimum loan sizes: Alabama: $2,100. California: $3,000. Georgia: Unless you are a present customer, $3,100 minimum loan amount. Ohio: $2,000. Virginia: $2,600.

Borrowers (other than present customers) in these states are subject to these maximum unsecured loan sizes: Florida: $8,000. Iowa: $8,500. Maine: $7,000. Mississippi: $7,500. North Carolina: $7,500. New York: $20,000. Texas: $8,000. West Virginia: $14,000. An unsecured loan is a loan which does not require you to provide collateral (such as a motor vehicle) to the lender.

Best for applying with a cosigner: Laurel Road personal loans

680
Min. Credit Score
8.01%
Starting APR
$45,000
Loan Amount
Laurel Road is one of the few lenders that actually accepts cosigners — not just coapplicants. Its rates cap out at a competitive 16.3% APR. If you don't quite meet its eligibility criteria, a cosigner can help push you over the edge. And if you're a doctor or dentist, you may be eligible for an APR as low as 5.5% and loan amounts up to $80,000. Otherwise, loans top out at $45,000 for all other borrowers.
  • No origination fee
  • Available in all 50 states
  • Autopay discount
  • More competitive loans for doctors and dentists
  • High starting rate
  • Maximum amount varies by loan purpose
  • Higher rates for longer terms
Loan Amount $1,000 – $45,000
APR 8.01% to 16.30%
Interest Rate Type Fixed
Min. Credit Score 680
Min term 36 months
Max term 60 months
Turnaround Time As little as 2 business days

Best for a wide range of loan amounts: Digital Federal Credit Union (DCU) personal loans

Not stated
Min. Credit Score
5.99%
Starting APR
$100,000
Loan Amount
If you're willing to open an account, Digital Federal Credit Union (DCU) is a good option for borrowers who want access to more than just loans. You can join the credit union during the loan application process. And it allows you to apply with a coapplicant. It doesn't charge an origination fee, and you may be eligible for a personal loan from $200 to $100,000 — one of the widest ranges we've seen.
  • Autopay rate discount of 0.5%
  • No origination fee
  • Loans can be used for college expenses
  • Must become a member of the credit union
  • Relatively high starting APR
  • Pricey late and returned payment fees
Loan Amount $200 – $100,000
Interest Rate Type Fixed
Max term 60 months

Best for excellent credit: Wells Fargo personal loans

Varies
Min. Credit Score
5.24%
Starting APR
$100,000
Loan Amount
If you and your coapplicant have excellent credit, you may be able to secure a low APR of just 5.24% — one of the lowest we've seen. It doesn't charge an origination fee, and there are several interest rate discounts available for qualifying account holders. But if you don't currently bank with Wells Fargo, you need to visit a branch to apply in person.
  • No origination fee
  • Multiple APR discounts available
  • Coapplicants welcome
  • Hefty late fee of $39
  • Online application for current customers only
Loan Amount $3,000 – $100,000
Interest Rate Type Fixed
Min term 12 months
Max term 84 months
Turnaround Time As soon as 1 business day

Best personal loans: By the numbers

Review each lender’s basic terms to better understand which options are the best for your individual needs:

LenderAPRsLoan amountsTurnaroundLoan terms
Laurel Road

★★★★★
Finder Rating: 4.2 / 5
8.01% to 16.30%$1,000 to $45,000As little as 2 business days3, 4 or 5 years
LightStream

★★★★★
Finder Rating: 4.83 / 5
Varies$5,000 to $100,000Varies2 to 7 years
Lendvious

★★★★★
Finder Rating: 4.55 / 5
Starting from 5.99%$1,000 to $100,0001 to 2 business days2 to 5 years
Digital Federal Credit Union

★★★★★
Finder Rating: 4.5 / 5
5.99% to 18%$200 to $100,0001 to 2 business daysUp to 5 years
Wells Fargo

★★★★★
Finder Rating: 3.65 / 5
5.74% to 20.24%$3,000 to $100,000As soon as 1 business day1 to 7 years
SoFi

★★★★★
Finder Rating: 4.3 / 5
5.99% to 16.19%$5,000 to $100,000Variestwo and seven years
Upgrade

★★★★★
Finder Rating: 3.98 / 5
7.99% to 35.97%$1,000 to $35,000Up to 5 business days3 to 5 years
OneMain Financial

★★★★★
Finder Rating: 3.4 / 5
18% to 35.99%$1,500 to $20,000As soon as the same day24, 36, 48 or 60 months

Customer reviews

Customer reviews and ratings can give you a better picture of the lender so you and your coapplicant can make a more informed decision about where to borrow.

LenderBBB ratingTrustpilot rating
Laurel RoadNot rated4.3 out of 5 stars, based on 288 customer reviews
Lightstream2 out of 5 stars, based on 19 customer reviews3.8 out of 5 stars, based on 2 customer reviews
Lendvious5 out of 5 stars, based on 1 customer reviews4.8 out of 5 stars, based on 108 customer reviews
Digital Federal Credit Union1.4 out of 5 stars, based on 25 customer reviews3.7 out of 5 stars, based on 1 customer reviews
Wells Fargo1 out of 5 stars, based on 407 customer reviews2.5 out of 5 stars, based on 222 customer reviews
SoFi2 out of 5 stars, based on 153 customer reviews4 out of 5 stars, based on 2,419 customer reviews
Upgrade4.8 out of 5 stars, based on 928 customer reviews4.8 out of 5 stars, based on 5,976 customer reviews
OneMain Financial4 out of 5 stars, based on 1310 customer reviews4.8 out of 5 stars, based on 22,191 customer reviews

Can I get a bank or credit union loan with a cosigner or coapplicant?

You can, though it depends on the bank or credit union. Most credit unions allow you to apply with a coapplicant, as do small banks. Larger banks like Wells Fargo also sometimes accept coapplicants, though it’s not as common. These tend to have stricter eligibility requirements than their regional or community counterparts.

They often offer customer discounts — especially banks — so you might be able to get a better deal by borrowing with a coapplicant. With a credit union, there’s a chance you’ll be able to skip the membership requirement by applying with a coapplicant, though typically both applicants need to be members to qualify.

What’s a cosigned loan?

A cosigned loan is a loan where two people share the responsibility of repaying the loan, though only the main borrower has a say in how the funds are used. While you’re generally responsible for making repayments, your cosigner agrees to pay back the loan if you can’t. However, these types of loans are incredibly rare.

Instead, you might want to consider applying with a coapplicant. It’s similar to a cosigned loan in that you’re equally responsible for repayments. But you’re also equally entitled to the loan funds.

In either case, applying with another person can help you qualify for a more competitive rate and better terms.

How does getting a loan with a cosigner or coapplicant work?

Getting a loan with a cosigner or coapplicant works by having both of you submit your personal and financial information on the application. Rather than relying on just your credit, lenders will also take your cosigner’s or coapplicant’s financial history and credit into account when reviewing your application.

This reduces the risk for lenders — as long as your cosigner or coapplicant has solid credit. Because they’re intended to act as a guarantee against loss, lenders will review your cosigner’s finances just as thoroughly as they reviewed yours.

What are lenders’ conditions for coapplicants?

LenderWhich loans can I apply for with a coapplicant?What are the conditions?
LendingClubAll loansLendingClub considers both of your qualifications, including but not limited to: credit scores, income, debt-to-income (DTI) ratios and credit histories. You and your coapplicant will be equally responsible for repaying the loan.
OneMain FinancialSecured and unsecured personal loansIf the main applicant relies on another person’s income, that person must be listed as a coapplicant and assume responsibility for loan repayments with the main applicant.
SoFiAll loansYou can apply jointly with another member of your household. You’ll both share the responsibility of paying back the loan.
FreedomPlusAll loansFreedomPlus considers two incomes, lowering your DTI and ultimately your assessed risk to the lender. Both applicants agree to apply for joint credit.
Bank of AmericaAuto loans and refinancingYour coapplicant must provide all of the same financial information as you on the application, including W-2s, tax returns, recent pay stubs and bank statements.
Chase BankAuto loans and refinancingYour coapplicant must provide the same required documentation when applying — as well as acknowledge and assume equal responsibility.
Wells Fargo BankAll loansYour cosigner can be a spouse, partner, relative, friend or another person who shares responsibility of paying back the loan.

Do I need a cosigner or coapplicant?

You might want to consider a cosigner or coapplicant in the following situations:

  • You have less-than-perfect credit. Applying with someone else that has stronger credit than you can help you qualify for more competitive rates.
  • You’re unemployed. If you rely on benefits or other sources of income — like your spouse — a cosigner or coapplicant can help you meet the lender’s income requirements.
  • You otherwise can’t qualify. Applying with another person can help you meet other requirements that are in the way of you getting the funds you need.
  • You want to borrow more. How much you’re eligible to borrow is based in part on your income. A cosigner or coapplicant can help you get larger amounts if you don’t bring home enough each month.

What should I look for in a cosigner or coapplicant?

Your cosigner might not be much help if they don’t meet all of the following criteria:

  • Meet cosigner or coapplicant requirements. Generally, that means they must have a job, be over 18 and be a US citizen or permanent resident. They must be 19 in Alabama and Nebraska, or 21 in Mississippi.
  • Good to excellent credit. This means a credit score of at least 670 — though the higher, the better.
  • Low personal debts. They might not be eligible to share the responsibility of another loan if they already have a high debt-to-income ratio.
  • Can afford repayments. They won’t be much help if there isn’t money in their budget for your monthly repayments if you stop paying.
  • Not planning on borrowing soon. They might struggle to qualify for a loan of their own if they sign on to your debt.
  • Close relationship. There’s a reason most cosigners or coapplicants are relatives or close friends of the borrower. Joint applications are risky and might not be worth it to someone you don’t have a trusting relationship with.

Benefits and drawbacks of applying with a cosigner or coapplicant

Pros

  • Potentially improves your odds of approval
  • Might make you eligible for lower interest rates
  • Helps you qualify for larger amounts
  • Decreases your debt-to-income ratio
Cons

  • If their credit isn’t good enough, you may still be rejected
  • Could affect their credit if you default
  • Might strain your personal relationship if you stop making payments
  • It can take longer to apply

Is it easier to get a loan with a cosigner or coapplicant?

It depends. A cosigner or coapplicant can be helpful because they minimize risk for the lender. But if have a poor credit score or rocky financial history, they may not make the approval process any easier.

On the other hand, if your cosigner or coapplicant has stellar credit, they may increase the odds of you being accepted for a loan. And they may even be able to score you a better rate than you would’ve been offered on your own.

How to apply for a loan with a cosigner or coapplicant

Applying with a cosigner or coapplicant is very similar to applying by yourself. Follow these steps:

  • Compare your options. You can start by reviewing the lenders listed in the table above. Keep in mind that a lender may not accept cosigners or coapplicants for each of its loan types.
  • Prepare your financial documents. Both of you should have the documents required on hand to make the process faster. These can include W-2s, bank statements and employment information.
  • Apply together online. If the person who’s agreed to be your cosigner or coapplicant is available, consider having them there with you when you apply online. This way, they can answer any specific application questions that you’re unsure of.

3 questions to answer before applying for a loan with a cosigner or coapplicant

Signing on to your loan is a big responsibility for your friend or relative. If you don’t make your payments or default, your cosigner or coapplicant is on the hook for paying back what you borrowed.

Before applying, answer these questions about your financial situation and ability to repay the loan:

  1. What is the loan for? Your cosigner or coapplicant will likely want to know why you’re taking out a loan. Financing a vacation is much different than consolidating your debt, and you’ll need to be up front with your friend or relative before you apply.
  2. How much are you borrowing? A small loan is easier to repay than a large loan. A lower amount is more attractive to a cosigner or coapplicant because you’re less likely to default — and if you do, they’ll be on the hook for less money.
  3. How often will payments need to be made? Knowing how often you’ll need to pay down your debt is important. Most lenders require monthly payments and give you the option to make additional payments at no cost. This can impact your cosigner or coapplicant— after all, they’ll have to pay if you don’t — so be sure you can make regular payments.

What a cosigner means for different loan types

The type of loan you’re considering will have different implications for cosigners when you borrow. Usually, this is based on the amount you need to borrow, the terms and the loan’s purpose.

  • Personal loans. When a person cosigns with you for a personal loan, they assume liability for the loan, but aren’t entitled to any of the funds. Some people may not be willing to put their name on the line for a personal loan.
  • Auto loans. The benefits as a cosigner for an auto loan are limited. If they’re not listed on the title, they don’t have any ownership. Being listed on the title makes the individual a joint applicant, not a cosigner.
  • Student loans. Cosigners are common on student loans because parents often agree to be legally responsible for their child’s loan payments. Since young students may not have an established credit history yet, a parent cosigner can help them borrow the amount they need to pay for their education.
  • Mortgages. Like an auto loan, unless the cosigner is listed on the property title, they don’t own the property. If you default on your mortgage, the property is security for the loan. The cosigner isn’t transferred any type of ownership.
  • Business loans. For business loans — especially for riskier businesses — cosigners may be asked to provide collateral. The cosigner doesn’t hold any ownership of the business, but still risks losing their collateral if you default.

Essentially, a cosigner provides backup in case you’re unable to pay back the loan, but they don’t enjoy any benefits from assuming that type of risk. While getting a cosigner can be a handy tool if you can’t qualify by yourself, you need to be sure you’re able to handle what you borrow before asking someone to risk their finances on your loan.

How does a cosigner differ from a guarantor?

A guarantor is associated with apartments or rentals where only the primary applicant is living at the residence, although it is also used with personal loans on occasion. The main difference is that a cosigner is responsible for late or missing payments as well as loan default, whereas a guarantor is only responsible if you default.

Is a cosigner different from applying jointly?

Yes, but both do put responsibility on the person who is applying with you. Joint applicants — also known as coapplicants — and cosigners are both fully liable for the loan should you default. However, a joint application implies a level of ownership by the coapplicant over the disbursed funds. A cosigner usually has little to no say in how the loan is used.

Compare cosigner loans

Are there services to help find a cosigner?

There aren’t many services out there designed to help you find a cosigner. The two we found — Hire a Cosigner and Cosigner Finder — charge a fee to connect you with a cosigner. But be weary of any company that tries to get you to pay up front before it provides a service — it’s often the sign of a scam.

While Hire a Cosigner has a more legit-looking website, we can’t say the same for Cosigner Finder. And former customers agree. It has 20 complaints filed against it with the Better Business Bureau (BBB), which gives it an F rating as of December 2019. The BBB even went as far as to put a bold disclaimer on the company’s page — warning potential customers of unresponsive or unhelpful cosigners, as well as an automated customer service line that just redirects customers to its website.

To avoid falling victim to a scam, we recommend asking someone you have a relationship with for help instead, like a close friend or family member. Or if that’s not an option, you might want to take steps to improve your credit score or apply for a credit-builder loan before turning to a cosigner matching service.

Alternatives to borrowing with a cosigner or coapplicant

Sometimes the negatives outweigh the benefits of borrowing with a cosigner or coapplicant. Before putting your relationship on the line, consider these alternatives instead:

  • Secured loans. Backing your loan with collateral like a savings account, car or your home can help you qualify for a competitive rate even if you have bad credit.
  • CDFI loans. Community Development Financial Institutions (CDFIs) are local banks and credit unions that typically offer affordable funding to low-income or low-credit borrowers in the area, usually as a chance to build your credit.
  • Loans for students. If you’re in school and don’t meet credit requirements on your own, some lenders like Boro will consider your grades and major instead of credit and income when you apply.
  • Loans for nonresidents. A handful of lenders like Stilt specialize in funding for nonresidents on a valid visa who don’t have a cosigner but need a loan. They might offer credit building services as well.

Bottom line

Finding a provider that meets your needs and allows a cosigner can potentially result in easier acceptance and a better interest rate. However, you and your cosigner should discuss the terms of the loan before applying. This ensures you both understand the risks before signing the dotted line.

Learn more about how borrowing work by reading our personal loans guide.

Compare more personal loan providers

Data indicated here is updated regularly
Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible Personal Loans
4.99% to 35.99%
Fair to excellent credit
$100,000
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
SoFi personal loans
5.99% to 16.19%
680
$100,000
A highly-rated lender with competitive rates, high loan amounts and no fees.
LendingTree Personal Loans
Starting from 3.99%
Good to excellent credit
$50,000
Receive up to five loan offers in just minutes through LendingTree's simple online form.
LightStream
Varies
Good to excellent credit
$100,000
Borrow up to $100,000 with low rates and no fees.
Fiona personal loans
4.99% to 35.99%
Good
$100,000
Get loan offers from multiple lenders at once without affecting your credit score.
Monevo personal loans
3.49% to 35.99%
None
$100,000
Quickly compare multiple online lenders with competitive rates depending on your credit.
Upgrade personal loans
7.99% to 35.97%
600
$35,000
Affordable loans with two simple repayment terms and no prepayment penalties.
Even Financial personal loans
4.99% to 35.99%
550
$100,000
Get connected to competitive loan offers instantly from top online consumer lenders.
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2 Responses

  1. Default Gravatar
    KaylaJanuary 23, 2019

    Where can I matched with a willing loan cosigner?

    • Avatarfinder Customer Care
      JhezJanuary 24, 2019Staff

      Hello Kayla,

      Thank you for your comment.

      A family member, a friend or someone who meets the requirement can be your consigner. Please refer to the eligibility criteria and the steps to apply for the loan with a consigner above.

      Regards,
      Jhezelyn

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