personal loans for good credit

Best Personal Loans for Good Credit Customers

Personal Loans for Good Credit Customers means Special Rates and Financing for Those With a 670-739 Credit Score!

There are many advantages to having good credit. One perk is qualifying for a low-interest personal loan from several companies. This enables you to select the one with a low fixed interest rate, doable repayment options and extra perks to meet your needs. We’ve rounded up the five best companies for you to consider when you are in the market for a personal loan this year.

5 Best Personal Loans for Good Credit

  • Best Egg: Great choice for lower credit
  • Credible: Best for comparing rates
  • Discover: No origination fees
  • Marcus by Goldman Sachs: No fees
  • Payoff: Great for consolidating debts
  • SoFi: Best for high loan amounts

Best Personal Loans for Good Credit in 2021: Our Recommendations

Best Egg — Great Choice for Those With Under 700 Credit Score

If your credit score is between 670 and 700, Best Egg will loan you up to $35,000 at a 5.99% APR. There is no fee if you pay your loan off early. You will pay a loan origination fee of up to 5.99%, so be sure to factor that expense in when you are comparing offers by other companies.

If you need cash fast, Best Egg can approve your loan and release your funds in two days.

Credible — Compare Rates From Several Providers

Credible is a loan aggregate website designed to save you time searching on your own for the best deal for your personal loan. You first complete an online form with details about the loan you are seeking. Then, Credible provides you with a list of the companies and their best offers to meet your needs. You take it from there and contact the company you want to do business with.

Comparing rates with Credible won’t cause a damaging inquiry to show up on your credit report.

Discover — Pay No Origination Fees

Discover made our list of the best personal loans for good credit customers for a variety of reasons. Choose from five repayment options for loans up to $35,000 at a 6.99% interest rate and pay no origination fees.

In your first 30 days, you have the option to cancel your loan without paying any interest.

Marcus by Goldman Sachs — No Origination or Late Fees

There are no fees of any kind with this online lender. You can receive up to a $40,000 loan at a 6.99% interest rate and pay it back in 36-72 months. Enroll in autopay to receive an additional 0.25% discount.

If you pay on time for 12 consecutive months, you are rewarded with the option to skip a payment.

Payoff — Great for Consolidating Your Debts

Payoff is our best choice for securing a loan to consolidate and pay off your debts. Although they charge an origination fee, there is no charge for paying your loan off early or making a late payment. Payoff offers a low 5.99% APR on a loan amount up to $40,000.

Another advantage of this company is it will send payment directly to your creditors to pay off your debt.

SoFi — Best for Large Loans

If you need more than $40,000, SoFi will loan you up to $100,000 at a 5.99% APR with seven years to repay the funds. The company does not charge an origination or late fee. Younger borrowers love managing their loans on the SoFi mobile app and attending the company’s local networking events. SoFi members also receive the complimentary services of a financial or career advisor and free estate planning.

The best perk is should you lose your job, SoFi will temporarily pause your payments and provide you with resources to find new employment.

Personal Loans for Good Credit – The Bottom Line

All of our personal loans for good credit choices reward you for your financial diligence with low rates and great terms. Contact one of these lenders whenever you find the need for some extra cash or want to consolidate your debts.

Quick Questions

Will a personal loan hurt my credit score?

It will temporarily hurt your score when your lender does a hard credit check after you submit your application. Making your loan payments on time and repaying the debt will raise your score again.

What do lenders look at when I apply for a personal loan? 

Potential lenders review your credit score, previous payment history and your income to decide if they want to offer you a loan. Your credit score carries the most weight in the decision.

Where can I apply for a legitimate loan online? 

SoFi, Payoff and Marcus by Goldman Sachs are three of the best legitimate companies to use when you want to apply for a personal loan online.

If you’ve reached the heady heights of an Excellent credit rating then check out our guide to the Best Personal Loans for Excellent Credit here.