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Best Egg personal loans

Are you looking for a personal loan with a competitive interest rate that you can apply for online?

Since Best Egg launched in 2015, more than 200,000 borrowers have taken out Best Egg personal loans, with the total amount in loans offered over $3 billion.

You can borrow $2,000 to $35,000 through a Best Egg loan. The term of the loan can be up to 5 years.

Compare Best Egg to other personal loan lenders

Rates last updated June 24th, 2017
Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
Table Image Minimum Credit Score Max. Loan Amount APR Requirements
Prosper Personal Loan Prosper Personal Loan 640 $35,000 From 5.99% (fixed) Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score. Go to site More
Lending Club Personal Loan Lending Club Personal Loan 660 $40,000 From 5.99% (fixed) You must be over 18 years of age, a permanent resident of the US or an American citizen and have a steady source of income. Go to site More
SoFi Personal Loan Fixed Rate (with Autopay) SoFi Personal Loan Fixed Rate (with Autopay) Good to excellent credit $100,000 From 5.49% (fixed) You must be a U.S. citizen or permanent resident 18 years or older. Go to site More
Laurel Road Personal Loans Laurel Road Personal Loans Good to excellent credit $45,000 From 5.75% (fixed) Must be a US citizen or permanent resident with a valid I-551 card Go to site More
Upstart Personal Loans Upstart Personal Loans 620 $50,000 From 7.16% (fixed) Must be 18+ and a US citizen or permanent resident. Must have good to excellent credit. Go to site More
NetCredit Personal Loan NetCredit Personal Loan 550 $10,000 From 34% to 155% depending on your state of residence% (variable) Varies depending on your state of residence. Go to site More
OneMain Financial Personal Loans OneMain Financial Personal Loans 600 $25,000 From 12.99% (fixed) Eligibility for a loan is determined by your financial history, credit history, income and expenses, and whether or not you have ever filed for bankruptcy. More

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How does borrowing from Best Egg work?

You apply for a Best Egg loan online. Soon after you apply, you’ll receive the status of your application. If approved, you get a loan contract that you need to review and sign. Once you accept the contract’s terms and conditions the approved funds transfers into your bank account automatically.

Unlike peer-to-peer lenders who have to wait for investors to fund your loan, Best Egg has investors who are ready to fund your loan immediately. This is why you can get the required money in your bank account in as little as one business day.

When you take a Best Egg personal loan you get different options for repayments, and you can make additional repayments towards your loan at anytime.

Best Egg personal loan features to compare

Here’s what you need to know about Best Egg personal loans:

  • Use funds for different reasons. You can save money by getting a Best Egg loan to consolidate existing credit card debt. You can use proceeds from this loan for home improvement, business expenses, making major purchases, moving, traveling, or buying a vehicle.
  • Minimum and maximum loan amount. The minimum you can borrow through a Best Egg loan is $2,000. The maximum is $35,000. The minimum you can borrow in Massachusetts is $6,000. In Georgia, you have to borrow a minimum of $3,000.
  • Loan term. You get to choose from two loan terms:  years and 5 years.
  • Interest. Best Egg loans come with annual percentage rates (APRs) from 5.99% p.a.. However, you will need a FICO score of at least 700 and a minimum annual income of $100,000 to qualify for the lowest rate.
  • Fees. Best Egg loans charge loan origination fees ranging from 0.99% to 5.99%. Late payments attract a penalty fee of $15.
  • Processing time. After you complete all the required paperwork and accept the loan contract you can potentially get your hands on the money within one business day.
  • Repayment methods. You can sign up for electronic funds transfer at the time you apply (or later if you wish), or you can make one-time repayments online. The options to send checks and money grams via regular mail also exist. You can even make repayments through Western Union Quick Collect.

How you can apply for a Best Egg loan

Click on the web site if you wish to apply for a Best Egg personal loan. To apply, you have to meet some eligibility criteria:

  • Meet your state’s minimum age requirement.
  • Be an American citizen or permanent resident of the US.
  • Have a verifiable bank account.
  • Have a regular source of income.

Completing the application successfully requires that you submit some basic information:

  • Your full name and contact information.
  • Your Social Security number and date of birth.
  • A valid form of identification such as your driver’s license, passport or state-issued ID.
  • Details about your employment status and annual income.

Frequently asked questions

Yes, you can make additional payments at your convenience with NO prepayment fees or penalties. Prepaying your loan will reduce future interest payments.

When you check your rates, you also have to provide info such as income and employment status. Because several weeks pass between the pre-screening process and the application, they also request updated information from the credit bureaus in the form of a “soft” credit inquiry.

Yes. If you have concerns, you can read over Best Egg’s Privacy Policy on their website, but it is backed by GlobalSign and is Consumer Affairs accredited.

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Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
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US Personal Loans Offers

Learn about our information service
Lending Club Personal Loan

Borrow up to $40,000 with rates from 5.99% to 35.89% APR based on your credit score.

Prosper Personal Loan

Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.

Upstart Personal Loans

This newer service looks beyond your credit score to match you with accredited investors for low-rate personal loans.

Get matched with providers from a large network of banks, peer-to-peer marketplaces and direct lenders.