Best Personal Loans for Excellent Credit in September 2025
Checking rates won’t affect your credit score
Best lenders for borrowers with excellent credit
| Lender | User rating | Best for | APR | Term | Amount | Min. credit score | |
|---|---|---|---|---|---|---|---|
|
Lower rates for high-income earners | 6.99% – 35.99% | 36 to 60 months |
$2k – $5M |
580 | ||
|
Mobile app features | 7.95% – 29.99% | 24 to 60 months |
$5k – $40k |
640 | ||
|
Competitor rate matching | 6.40% – 25.29% | 24 to 84 months |
$5k – $100k |
650 |
Personal loan lenders at a glance
Best For: lower rates for high-income earners
- Can qualify for lowest rates if you earn at least $100,000 a year and have at least a 700 credit score
- About half of Best Egg’s borrowers get their money the next business day after approval
- Offers a special payment plan (Payment Pathways) that can help you pay off your loan faster and reduce how much overall interest you pay
- Can’t add a second person to your loan
- No rate discounts for autopay
- Charges an origination fee of 0.99% – 9.99% on every loan
Best Egg rewards high-income earners with lower rates. Although a high income isn’t required to qualify for a loan, you might get Best Egg‘s cheapest rates if you make at least $100,000 a year and have a 700+ credit score.
However, Best Egg only counts your individual income since Best Egg doesn’t offer joint loans. Also, some lenders waive their origination fees for borrowers with excellent credit. Best Egg charges an origination fee on every loan, regardless of your credit score.
You must meet the requirements below to qualify for a Best Egg loan:
- Citizenship: Be a U.S. citizen or permanent resident living in the U.S.
- Administrative: Have a personal checking account, email address and physical address
- Residency: Not live in the District of Columbia, Iowa, Vermont, West Virginia or U.S. territories
- Credit score: 580+
Best For: mobile app features
- Can monitor your credit and change your due date via mobile app
- High ratings from both Android and iPhone users
- Can use your personal loan for almost anything, including business purposes
- May need to wait a few hours for an approval decision (some lenders can do this near instantly)
- Can take a few days to get your money once LendingClub approves you
- Charges an origination fee of 0.00% – 8.00%
LendingClub’s mobile app puts personal loan management in the palm of your hand. You can make payments, request due date changes and keep tabs on your excellent credit score. And if you’re the type to forget passwords, you can sign in using your fingerprint or by face recognition.
LendingClub might not work if you’re in a hurry. Most online lenders provide near-instant approval decisions but LendingClub can take a few hours. LendingClub doesn’t offer same-day loans, either.
To be eligible for a LendingClub personal loan, you must meet the following requirements:
- Age: Be at least 18 years old
- Citizenship: Be a U.S. citizen or permanent resident
- Administrative: Have a verifiable bank account
- Credit score: 600+
Best For: competitor rate matching
- Will beat a competitor’s rate by 0.10 percentage points (stipulations apply)
- Autopay discount of 0.50 percentage points
- No late fees, no origination fees
- Can’t check rates without dinging your credit
- Must borrow at least $5,000
- Customer service is not available on Sunday if you need help after LightStream finalizes your loan
LightStream is an online lender that’s only available to people with good to excellent credit. And having excellent credit has perks.
Take LightStream’s rate matching program, Rate Beat. If a competitor offers you a lower rate, LightStream may beat it by 0.10 percentage points. It also skips origination fees, which can be rare with online lenders.
Unfortunately, LightStream doesn’t let you prequalify for a personal loan. That excellent credit of yours might go down by a few points after shopping LightStream’s rates.
LightStream doesn’t specify its exact credit score requirements, but you must have good to excellent credit to qualify. Most of the applicants that LightStream approves have the following in common:
- At least five years of on-time payments under a variety of accounts (credit cards, auto loans, etc.)
- Stable income and the ability to handle paying their current debt obligations
- Savings, whether in a bank account, investment account or retirement account
What is an excellent credit loan?
FICO credit scores typically range from 300 to 850 — the higher end being considered a “good” to “excellent” score. Specifically, “very good” credit scores are typically considered to be 740 and above. Scores of 800 and higher are exceptional.
Lenders view your credit score as an indicator of your creditworthiness and how risky it would be to offer you a personal loan. Thus, the lower your credit score, the more likely you’ll have to pay a higher APR to help offset the lender’s risk.
Typically, if you have an excellent credit score, it’s an indicator to lenders that you have a history of paying your bills on time and that you likely have a low debt-to-income ratio.
On the other hand, those with excellent credit scores tend to be rewarded with lower interest rates and access to higher loan amounts (as long as they have the income to repay the loans).
What are average personal loan interest rates?
The APR you receive on a personal loan largely depends on how high or low your credit score is.
Those with excellent credit scores and solid credit histories tend to be offered lower APRs. Those with bad credit scores, however, may have a harder time qualifying for a personal loan in the first place, and if they do, they may be subject to higher interest rates.
If your credit score could use some work, there are bad-credit loan options, and you can check out our list of ways you can work to improve your credit score. Meanwhile, here are the average rates you may receive for a personal loan depending on your credit score:
| Credit score range | Average APR | Monthly payment | Interest | Total cost |
|---|---|---|---|---|
| 800-850 (excellent) | 12.50% | $132.90 | $1,379.20 | $6,379.20 |
| 740-799 (very good) | 15.74% | $141.04 | $1,769.75 | $6,769.75 |
| 670-739 (good) | 28.72% | $176.33 | $3,463.69 | $8,463.69 |
| 580-669 (fair) | 92.45% | $396.46 | $14,029.85 | $19,029.85 |
| 300-579 (poor) | 260.34% | $1,084.84 | $47,072.20 | $52,072.20 |
How to compare personal loans with LendingTree
1. Check your credit score
You might have excellent credit, but it’s smart to keep tabs on your score anyways. Get your credit score for free with LendingTree Spring. We’ll also send you alerts when your credit score changes and show you how certain actions can affect your credit.
2. Tell us what you need
Think of LendingTree as your personal loan shopper. Connecting to our network of lenders (the largest in the country) is free. Comparing rates won’t hurt your credit, either. All it takes is a few minutes and a quick online form.
3. Pick your best offer
You could get offers from up to five lenders if you have excellent credit. We’ll show you what you could qualify for and how taking out a loan can impact your monthly budget. If you find a loan that you like, we’ll help you take the next steps in applying.
How do you choose a personal loan if you have excellent credit?
If you have an excellent credit score, you’ll likely qualify for a personal loan with most major lenders. This can make choosing the right loan challenging.
Here are a few of the factors you’ll want to consider before choosing a lender:
-
Rates
As a consumer with excellent credit, you may be eligible for some of the lowest interest rates lenders have to offer. To save money, it may be wise to compare rates from various lenders to see which company is willing to provide you with the lowest rates. -
Terms
Before taking out a loan, you may want to consider how long you want to spend repaying it. Keep in mind, the shorter the loan term, the lower the APR tends to be and the less you may have to pay over the lifetime of the loan. On the other hand, with long-term loans, the higher the APR and the more you may have to pay. Likewise, a longer term can mean lower monthly payments. -
Amounts
As a consumer with a high credit score, you may be eligible for higher loan amounts. If you’re looking for a larger loan, be sure you have the income to pay it off. -
Fees
Several common fees you may come across while shopping around for lenders include origination and late fees. However, there are several no-fee lenders out there that are worth considering. -
Perks
Some lenders offer perks such as the ability to change your due date or even skip a payment if you consistently make on-time payments. Others may provide unemployment support if you find yourself unexpectedly without a job. -
Prequalification services
The ability to use a soft credit pull to check your rates with lenders offers you the opportunity to see what you may qualify for without harming your credit score. Some lenders, like LightStream, however, don’t allow for that, so you’ll have to submit to a hard credit pull if you want to see your rates. -
Customer service
Before agreeing to a personal loan, be sure to check what kind of customer service hours they hold and what types of platforms they offer when it comes to contacting them. Some lenders offer a convenient chat feature on their websites, while others can only be contacted by phone. Also, be sure to check lenders’ reviews in order to see what other customers are saying about the lender.
Frequently asked questions
While initially applying for a personal loan may not impact your credit score (this is known as prequalification, or a soft credit inquiry), if you choose to move forward with a personal loan, you will typically have to go through a hard credit pull. Hard credit inquiries will temporarily have a mild negative impact on your credit score.
How you’re allowed to use a personal loan varies from lender to lender. Typically, lenders allow borrowers to use personal loans toward debt consolidation, credit card refinancing, medical bills and home improvement projects. Lenders commonly prohibit consumers from using their personal loan funds toward post-secondary education or business expenses.
Personal loans vary widely in size. They can run as high as $100,000 — like with lenders such as SoFi and Wells Fargo Bank — or as low as a few hundred dollars — like with institutions such as Navy Federal Credit Union and PenFed Credit Union. To get a large loan, lenders typically have stricter requirements that you’ll need to meet, such as credit history, income and credit score.
Our methodology
We reviewed 28 lenders that offer personal loans to determine the overall best 11 lenders. To make our list, lenders must offer competitive APRs. From there, we prioritize lenders based on the following factors:
Accessibility: Lenders are ranked higher if their personal loans are available to more people and require fewer conditions. This may include lower credit requirements, wider geographic availability, faster funding and easier and more transparent prequalification and application processes.
Rates and terms: We prioritize lenders with more competitive fixed rates, fewer fees and greater options for repayment terms, loan amounts and APR discounts.
Repayment experience: For starters, we consider each lender’s reputation and business practices. We also favor lenders that report to all major credit bureaus, offer reliable customer service and provide any unique perks to customers, like free wealth coaching.