Those with excellent credit should have no problem finding a quality personal loan to pay down higher-interest debt, finance major purchases or home repairs, or pay for unexpected expenses. With a wide range of lenders out there, the choice will be yours.

With excellent credit, you could have the luxury of choosing a lender based on factors other than whether or not it will lend to you; of course they will! So get busy looking at the fine print, the flexibility or the customer service — whatever is most important to you.

Try prequalifying with several different lenders; prequalifying requires a soft credit pull, which doesn’t affect your credit score. Aggregator sites such as LendingTree, which owns Student Loan Hero, will give you a range of quotes from different lenders with just a few clicks.

Start with LendingTree

You could start your personal loan research with LendingTree, which is the parent company of Student Loan Hero. You could receive offers from up to five lenders once you’ve input your information online. The Soft Pull credit involved won’t affect your credit score.

LendingTree is great for those who don’t know where to start in parsing the many choices in the personal loan landscape. It’s quick, easy and gives you a good idea of what kinds of terms for which you could quality.

LightStream

LightStream, the online consumer lending service of SunTrust Bank, is targeted to those with good credit. The company asserts that its loans can fund “practically anything,” from home improvement to horses to hot tubs.

The company is so sure that its loan process “will be your best, ever,” that it offers a $100 guarantee: Those who fill out a questionnaire stating that they’re not completely satisfied will receive $100. The company promises to beat any APR offered by another lender by 0.10 percentage points, assuming the offer meets various terms and conditions. Additionally, these loans are fast — you may be able to get approved the same day you apply. To emphasize the benefits of going paperless with an online loan, the company plants a tree for each loan it funds.

LightStream offers personal loans from $5,000 to $100,000 with APRs ranging from 4.99% to 16.79% and terms of 24 to 144 months. Rates are fixed, and there are no fees or prepayment penalties.

Only those with “good credit” are eligible. That means having several years of credit history across a range of account types and a good payment history, as well as demonstrated ability to save, and “stable and sufficient” income and assets to service current and prospective debt.

Pros

• No fees
• No prepayment penalties
• Fixed rate for the entire loan
• Terms from 24 to 144 months and amounts up to $100,000
• Easy online application and abundant information on the LightStream site

Cons

• Rates go up 0.50 points unless you use AutoPay
• Rates depend in part on the purpose of the loan

LightStream presents supreme confidence about the quality of its service — so much so that it offers compensatory payment to those who aren’t thrilled. With the possibility for low rates and long terms, plus a rate match guarantee, signs are good that borrowers may well be satisfied.

Rocket Loans

RocketLoans from Quicken Loans advertises “personal loans made simple,” boasting a fully online application process, instantaneous loan offers, same-day funding and no hidden fees. It says it has “the most user-friendly lending platform in the world,” a claim belied by the company’s 90% customer satisfaction rate, according to a previous Student Loan Hero review.

Personal loans through RocketLoans are all unsecured, fully amortizing personal loans made by Cross River Bank, a New Jersey state-chartered commercial bank.

RocketLoans offers loans from $2,000 to $45,000 with APRs from ranging 7.16% to a maximum of 29.99%. Loan terms range from 36 or 60 months. Each loan comes with a 1.00% - 6.00% origination fee that is deducted from the balance of the loan when it is disbursed. Same-day financing is available for loans of up to $25,000 if certain conditions are met.

To apply and see your offer, you’ll need to input this information into the online system: name, address, income information, Social Security number and date of birth. After you’ve selected your loan details, you’ll need to provide more information, including bank account details.

Pros

• Quick and easy financing
• No prepayment penalties
• No fees aside from origination fee and late or non-payment fees

Cons

• Rates somewhat on the high side, and term lengths are restricted
• 1.00% - 6.00% origination fee financed into the loan
• Rates go up unless you use AutoPay

RocketLoans is making a strong effort to market itself on its ease-of-use, a selling point this day and age where choosy borrowers expect a fast, hiccup-free process.

Payoff

Payoff is a lender targeted toward paying off credit card debt. Borrowers get a single fixed monthly payment that covers multiple credit cards, helping reduce the costs and time to pay them off.

While the loan is targeted to help increase borrowers’ FICO scores (by an average of 40 points), it helps to have a good one already — only those with credit scores of 640 or higher are eligible. These loans eliminate most fees, including late fees, but do include origination fees.

Payoff loans provide funding from $5,000 to $35,000 specifically to pay off credit cards. These loans have fixed APRs between 5.99% and 24.99%, and terms of 24 and 60 months. The lender charges an origination fee between up to 5.00%.

Eligibility requires a FICO score of 640 or higher, a debt-to-income ratio of 50% or lower, three years of good credit, at least two open and satisfactory lines of credit and zero current delinquencies.

Pros

• Fixed monthly payments
• No late-payment fees
• Designed to increase FICO score

Cons

• Origination fee from up to 5.00%
• Loan amount limited to $35,000

Few lenders are as targeted and specialized as Payoff, which is laser-focused on getting its customers out of credit debt. The utility of its service is limited, however, since borrowers must have fairly good credit and borrowing history to be eligible, and face a relatively low limit on how much they can borrow.

FreedomPlus

FreedomPlus is an online company that prides itself on giving the lending process a personal touch. Each potential borrower must speak with a customer service representative as part of the application process, an element unusual in online lending. This makes it more likely for the company to see you as more than just your credit score; you have a chance to explain why you need a loan and how your situation will enable you to pay it back.

FreedomPlus offers loans from to $7,500 to $40,000 with APRs ranging from 5.99% to 29.99%. Loan terms are 24 to 60 months, and the origination fee is 0.00% - 4.99%. All that’s needed to apply is a signature, a valid ID and verified income and bank account information. The application process involves speaking to a loan officer on the phone so they can see you as more than just a number.

Pros

• A personal touch to the application process with welcoming customer service
• Same-day approvals, and funds available within 48 hours

Cons

• Minimum loan of $7,500
• Origination fee from 0.00% - 4.99%

FreedomPlus works to set itself apart by looking at each applicant as a whole person with specific circumstances and needs. This friendly approach offers a refreshing alternative in a world of online click-button lending.

Best Egg

BestEgg is an online lender that stresses the quickness and simplicity of its loan process, boasting that applicants may be able to get funds into their accounts in just one business day. The company strives to make the online lending process smooth, painless and quick.

Like RocketLoans, BestEgg loans are made by Cross River Bank, a New Jersey state-chartered commercial bank.

BestEgg offers unsecured, fixed-terms loans of $3,000 to $35,000 with APRs ranging from 5.99% to 29.99%. Each loan comes with a 0.99% - 5.99% origination fee.

Pros

• Money may be available in one business day
• Fixed rates
• No prepayment penalties

Cons

• Origination fee of 0.99% - 5.99%
• Loan amount limited to $35,000

BestEgg is a solid bet for those looking for fast access to funds for a variety of purposes. The company receives solid praise on online review sites, leveraging its ease of use for customer satisfaction.

Methodology:

Lenders were selected from MagnifyMoney’s personal loans comparisons page when sorted by borrowers looking for $10,000 with excellent credit who hold a college degree. They were narrowed to the top five picks based on lowest APR. (Disclosure: MagnifyMoney is owned by LendingTree.)