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.
See Offers 
on Lendingtree's secure websiteAdvertiser Disclosure
LightStream Disclosures
*Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% 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 3.49% APR with a term of 3 years would result in 36 monthly payments of $292.98.
LightStream offers personal loans from $5,000 to $100,000 with APRs ranging from 3.49% to 19.99% 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.
To
29.99%
See Offers on Lendingtree's secure website
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.
See Offers on Lendingtree's secure websiteAdvertiser Disclosure
Payoff Disclosures
- All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.
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.
See Offers on Lendingtree's secure websiteAdvertiser Disclosure
FreedomPlus Disclosures
- The loan terms presented are not guaranteed and APRs presented are estimates only. To obtain a loan you must submit additional information and documentation and all loans are subject to credit review and our approval process. The range of APRs is 7.99% to 29.99% and your actual APR will depend upon factors including your credit score, usage and history, the requested loan amount, the stated loan purpose, and the term of the requested loan. To qualify for a 7.99% APR loan, a borrower will need excellent credit on a loan for an amount less than $12,000.00, and with a term equal to 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to directly pay off qualifying existing debt; or showing proof of sufficient retirement savings, could help you also qualify for the lowest rate available. All loans are made by Cross River Bank and MetaBank®, N.A., Members FDIC.
FreedomPlus offers loans from to $7,500 to $40,000 with APRs ranging from 7.99% to 29.99%. Loan terms are 24 to 60 months, and the origination fee is 1.99% - 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 1.99% - 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 lending platform 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.
See Offers on Lendingtree's secure websiteAdvertiser Disclosure
Best Egg Disclosures
*The Annual Percentage Rate (APR) is the cost of credit as a yearly rate and ranges from 5.99%-29.99%, which may include an origination fee from 0.99% – 6.99%. Any origination fee on a 5-year loan will be at least 4.99% and is deducted from loan proceeds. The APR offered will depend on your credit score, income, debt payment obligations, loan amount, loan term, credit usage history and other factors, and therefore may be higher than our lowest advertised rate. Requests for the highest loan amount may resulting an APR higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest rate.
Best Egg loans are unsecured personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. Equal Housing Lender. “Best Egg” is a trademark of Marlette Funding LLC. All uses of “Best Egg” on this site mean and shall refer to “the Best Egg personal loan” and/or “Best Egg on behalf of Cross River Bank, as originator of the Best Egg personal loan,” as applicable. Loan amounts generally range from $2,000-$35,000. Offers up to $50,000 may be available. Residents of Massachusetts have a minimum loan amount of $6,500; New Mexico and Ohio, $5,000; and Georgia, $3,000. For a second Best Egg loan, your total existing Best Egg loan balances cannot exceed $50,000.
Borrowers should refer to their loan agreement for specific terms and conditions. A loan example: a 5–year $10,000 loan with 9.99% APR has 60 scheduled monthly payments of $201.81, and a 3–year $5,000 loan with 5.99% APR has 36 scheduled monthly payments of $150.57. Your verifiable income must support your ability to repay your loan. Upon loan funding, the timing of available funds may vary depending upon your bank’s policies.
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
BestEgg offers unsecured, fixed-terms loans of $2,000 to $35,000 with APRs ranging from 5.99% to 29.99%. Each loan comes with a 0.99% - 6.99% origination fee.
Pros
- Money may be available in one business day
- Fixed rates
- No prepayment penalties
Cons
- Origination fee of 0.99% - 6.99%
- 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.
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.)
Interested in a personal loan?
LendingTree allows you to compare rates from multiple lenders by filling out one easy form. Advertiser DisclosureStudent Loan Hero Advertiser Disclosure
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.
Student Loan Hero Advertiser Disclosure
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.
| Lender | RATES (APR) | loan amount | |
|---|---|---|---|
 | 5.99% – 19.16%1 | $5,000 to $100,000 | |
 | 8.69% – 35.99% | $1,000 to $50,000 | |
 | 7.99% – 35.97%* | $1,000 to $35,000 | |
 | 99.00% – 199.00%2 | $500 to $4,000 | |
| 5.99% – 24.99%3 | $5,000 to $35,000 | |
| 7.99% – 29.99%4 | $7,500 to $40,000 | |
| compare rates on Lendingtree now | |||
1 Includes AutoPay discount. Important Disclosures for SoFi. SoFi Disclosures
Opploans DisclosuresDirect Deposit required for payroll. Opploans currently operates in these states: . *Approval may take longer if additional verification documents are requested. Not all loan requests are approved. Approval and loan terms vary based on credit determination and state law. Applications processed and approved before 7:30 p.m. ET Monday-Friday are typically funded the next business day.
Payoff Disclosures
FreedomPlus Disclosures
Upgrade Bank DisclosuresPersonal loans made through Upgrade feature APRs of 7.99%-35.97%. All personal loans have a 2.9% to 8% 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. Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds should be available within four (4) business days. Funds sent directly to pay off your creditors may take up to 2 weeks to clear, depending on the creditor. Personal loans issued by Upgrade’s lending partners. Information on Upgrade’s lending partners can be found at https://www.upgrade.com/lending-partners/. | |||
