Borrowing $50,000 or more is a different game than taking out a small personal loan. The pool of lenders shrinks, credit standards tighten and your debt-to-income ratio gets scrutinized far more closely.
Whether you’re funding a major home renovation, consolidating significant high-interest debt or covering a large one-time expense, this guide identifies the lenders that actually offer large loan amounts and what it takes to get approved.
Methodology: How we picked the best large personal loan providers
Finder’s lending experts evaluated lenders on the following criteria, with emphasis on those capable of funding $50,000 or more:
We prioritized the maximum loan amount first. Only lenders offering at least $50,000 were considered, with preference for those reaching $75,000 to $100,000. From there, we assessed APR competitiveness, since rate differences have an outsized dollar impact at large loan amounts.
We also weighed fees (origination, late, prepayment), loan term flexibility, funding speed and credit accessibility — because borrowers needing large loans aren’t all in the excellent-credit tier.
Finally, we reviewed lender reputation through:
Trustpilot ratings
Accreditation with the Better Business Bureau (BBB)
Customer feedback to confirm reliability and transparency
Our picks are reviewed regularly as lenders update their rates and terms.
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How we picked these
What is the Finder Score?
The Finder Score crunches 6+ types of personal loans across 50+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
Taking on $50,000 or more is a significant financial commitment. Before you apply, work through these questions:
Can you afford the monthly payments? Use a loan calculator to run the numbers at your expected rate and term. A $75,000 loan at 10% APR over five years runs roughly $1,594 per month.
Do you need the full amount? Borrowing more than you need means more interest paid over time. Only borrow what you require.
What fees are involved? On large loans, an origination fee of even 5% adds thousands to your cost before you receive a dollar.
Is the rate competitive? Compare APRs from at least three lenders. Even a 1% difference on a $100,000 loan saves roughly $1,000 per year in interest.
How long is the term? Longer terms lower monthly payments but increase total interest paid. Choose the shortest term your budget allows.
Is the lender reputable? Stick to established, transparent lenders. Any offer over $50,000 that doesn’t require a credit check is almost certainly a scam.
How to prequalify for a large personal loan
Prequalifying lets you preview likely rates and loan amounts with a soft credit check, with no impact on your score. Here’s how:
Check your credit score. Most large-loan lenders require 680 to 720+, and the $100,000 tier typically requires 760+.
Calculate your debt-to-income (DTI) ratio. Lenders typically want back-end DTI under 36% for large amounts. Divide total monthly debt payments by gross monthly income.
Gather documentation. Have pay stubs, W-2s or tax returns (two years if self-employed) and recent bank statements ready. Automated income verification can fail on large loan applications.
Prequalify with multiple lenders. Submit soft-pull prequalification requests with your top picks, or use a marketplace like Credible to compare offers in one step.
Compare the full APR. A lower rate with a 5% origination fee may cost more than a slightly higher rate with no fee.
Apply and sign electronically. The lender will do a hard pull and verify documentation for final approval.
Where can I get a large personal loan?
Not all lending channels offer loan amounts above $50,000. Here’s where to look:
Online lenders. The most accessible route, with fast applications and same-day or next-day funding. LightStream, SoFi, Upstart and Best Egg all operate entirely online.
Banks. Wells Fargo is one of the few major banks offering unsecured loans up to $100,000. Other banks may offer large loans to existing customers, often with relationship rate discounts.
Credit unions. Federal credit unions cap rates at 18% by law, but loan limits vary. Some, like PenFed, offer up to $50,000 — worth checking if you’re already a member.
Loan marketplaces. Platforms like Credible let you compare multiple lenders at once and can surface offers up to $200,000 that you wouldn’t find through a single lender.
Types of large personal loans
Your options depend on your credit, assets and how quickly you need the money. Common types include:
Unsecured personal loans. The most common type. No collateral required, but lenders typically require strong credit and stable income for higher amounts.
Secured personal loans. Backed by collateral like a car or savings account. May offer lower rates or higher limits, but you risk losing the asset if you default.
Co-signed personal loans. Adding a creditworthy cosigner can help you qualify for a larger amount. Your cosigner shares equal responsibility for repayment.
Peer-to-peer (P2P) loans. Platforms like LendingClub connect borrowers with investors. Funding times vary, and rates may be higher for lower-credit borrowers.
Personal lines of credit. Approved for a set limit that you draw from as needed. Less common for large amounts and typically requires excellent credit.
Alternatives to a large personal loan
A large personal loan isn’t always the best solution, especially when rates are high or qualifying is difficult. Consider these alternatives first:
Home equity loan. If you own a home, you may be able to borrow against your equity with a home equity loan. These loans often come with lower rates than personal loans, but your home is at risk if you can’t repay.
HELOC (home equity line of credit). A HELOC works like a credit card backed by your home’s equity. You can draw funds as needed, usually with variable rates and flexible repayment terms.
Loans from friends or family. Borrowing from people you trust might be an option, especially if you need flexible terms. Just be sure to put the agreement in writing and repay in a timely manner to avoid issues down the road.
Life insurance loan. If you have permanent life insurance with a cash value, you may be able to borrow against it. There’s no credit check, but unpaid loans reduce your death benefit.
Stock secured loan. Some lenders and brokerages let you borrow against the value of your stock portfolio. These loans often come with lower rates than unsecured options, but if your portfolio loses value, you could face a margin call or be forced to sell assets.
Business loan. If the money is for a business, a small business loan may be a better fit. Business loans often have higher limits and tailored repayment terms.
Reverse mortgage (for seniors). If you’re 62 or older and own your home, a reverse mortgage allows you to borrow against your equity without monthly repayments — though it reduces your home’s equity over time.
Frequently asked questions
Most lenders require a score of 660 to 720 for $50,000+ loans. The $100,000 tier generally needs 760 or higher. Upstart is the exception, accepting scores as low as 300, though origination fees can be significant.
It requires strong financials: typically a 720+ FICO score, stable verifiable income and a back-end DTI under 36%. Only LightStream, SoFi and Wells Fargo on this list offer $100,000 unsecured personal loans.
Most lenders cap unsecured personal loans at $50,000. LightStream, SoFi and Wells Fargo go up to $100,000. Credible's marketplace network includes lenders offering up to $200,000 for the most qualified borrowers.
Most large personal loans are unsecured, meaning no collateral is required. However, if you have home equity, a home equity loan or HELOC may offer lower rates as an alternative worth comparing.
LightStream, SoFi and Wells Fargo all charge no prepayment penalty. Confirm this before signing. Paying off a $75,000 to $100,000 loan early can save significant interest.
Christi Gorbett is a freelance writer with more than eight years of experience and a master's degree in English. She’s created a wide range of content for banks, financial product comparison sites, and marketing companies on topics like small business loans, credit cards, mortgages, retirement planning, lender reviews, and more.
As a former teacher, Christi excels at making complex financial topics accessible and easy to understand. Her interest in finance grew when she returned to the U.S. after living in South Korea for nearly a decade.
This shift was driven by several personal financial challenges: rebuilding her financial base after the move home, starting her own business, and catching up on retirement savings. These experiences deepened Christi’s practical understanding of finance and intensified her interest in the field.
See full bio
Best Egg offers personal loans up to $50,000; see how they compare to other lenders.
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Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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