What You Will Get At Glance
As personal expenses rise, finding a low-interest personal loan in 2025 has never been more important.
Whether it’s consolidating debt, funding a home improvement, or covering emergency expenses, the right personal loan can save hundreds in interest payments.
This guide examines the best personal loans with low interest rates in 2025, allowing you to compare options from trusted US lenders.
How Personal Loans Work
Personal loans are unsecured loans that allow you to borrow a lump sum and repay it over a fixed term, typically ranging from 1 to 72 months.
Most personal loans have fixed interest rates, meaning predictable monthly payments.
Unlike credit cards, personal loans often offer lower interest rates for borrowers with good to excellent credit.
Factors Affecting Interest Rates
- Credit Score: Higher credit scores typically qualify for lower interest rates.
- Debt-to-Income Ratio: Lowering existing debt relative to income can improve loan offers.
- Loan Term & Amount: Shorter terms may result in lower overall interest rates. interest payments
- Lender Type: Online lenders, banks, and credit unions all differ in rates.
Top Low-Interest Personal Loans in 2025: Comparison Table
| Lender | APR Range | Loan Amounts | Repayment Terms | Key Features | Best For |
| SoFi | 6.99% – 19.99% | $5,000 – $100,000 | 24 – 84 months | No origination fees, unemployment protection, and career coaching | Excellent credit borrowers looking for large loans |
| Upgrade | 7.99% – 35.99% | $1,000 – $50,000 | 24 – 84 months | Free prequalification, debt consolidation options | Borrowers seeking flexible online loans |
| Upstart | 6.70% – 35.99% | $1,000 – $50,000 | 36 – 60 months | AI-driven evaluation, fast funding | Borrowers with limited credit history |
| Universal Credit | 11.69% – 35.99% | $500 – $50,000 | 36 – 60 months | Accessible for fair/poor credit, fast online process | Borrowers with fair credit needing moderate amounts |
| Credit Ninja | 36% – 200% | $500 – $5,000 | 12 – 24 months | Rapid approval, online management | Poor credit borrowers needing small emergency loans |
| Fig Loans | 9.99% – 35.99% | $1,000 – $15,000 | 12 – 60 months | No credit check, personalized offers | Fair credit borrowers seeking mid-range loans |
| NetCredit | 99% – 199% | $500 – $10,000 | 9 – 36 months | Quick funding, flexible repayment options | Borrowers with limited credit need short-term loans |
| Happy Money | 7.95% – 29.99% | $5,000 – $50,000 | 24 – 84 months | Debt consolidation focus, fixed rates | Borrowers wanting to consolidate high-interest debt |
| OppLoans | 99% – 199% | $500 – $4,000 | 9 – 18 months | No credit check, structured repayment plans | Emergency funding for borrowers with poor credit |
Best Personal Loans With Low Interest Rates of 2025
Here’s an in-depth look at the top US personal loan providers in 2025, focusing on interest rates, terms, and unique benefits.
1. SoFi
Interest Rates: 6.99% – 19.99% APR
Loan Amounts: $5,000 – $100,000
Repayment Terms: 24 – 84 months
SoFi is widely recognized for offering some of the most competitive personal loan rates in 2025, particularly for borrowers with strong credit. Its online platform makes the application process seamless, often providing funding within a few days.
SoFi also stands out for its additional perks, including unemployment protection and career coaching resources.
Borrowers with high credit scores can secure extremely low rates, making SoFi a top choice for debt consolidation, home renovations, and large personal expenses. With no origination or prepayment fees, SoFi ensures a transparent borrowing experience.
2. Upgrade
Interest Rates: 7.99% – 35.97% APR
Loan Amounts: $1,000 – $50,000
Repayment Terms: 36 – 60 months
Upgrade specializes in personal loans for borrowers seeking both competitive rates and flexible repayment terms. Its platform provides free credit monitoring and prequalification without affecting your credit score.
Borrowers with fair to excellent credit can find customized offers tailored to their financial profile.
Upgrade’s standout feature is its line of credit option, allowing borrowers to access funds as needed rather than in a single lump sum.
This flexibility makes it ideal for managing ongoing expenses or emergencies while avoiding high-interest alternatives.
3. Upstart
Interest Rates: 6.18% – 35.99% APR
Loan Amounts: $1,000 – $50,000
Repayment Terms: 36 – 60 months
Upstart uses an AI-driven lending model that considers education, employment, and income in addition to credit scores.
This approach enables borrowers with limited credit histories to secure lower interest rates than traditional lenders typically offer.
Ideal for young professionals or recent graduates, Upstart emphasizes fast approval and funding.
Borrowers can often receive funds within 24 hours, making it a practical choice for urgent expenses. Upstart’s transparent fee structure and fixed-rate loans make it easier to budget repayment.
4. Universal Credit
Interest Rates: 15% – 36% APR
Loan Amounts: $500 – $5,000
Repayment Terms: 12 – 36 months
Universal Credit caters to borrowers with fair to poor credit, offering accessible personal loans with a straightforward online application process.
While interest rates are higher for lower credit scores, Universal Credit’s focus on financial inclusivity makes it a reliable option for those unable to secure loans through traditional banks.
The platform offers fast funding and flexible repayment options, helping borrowers manage emergencies or consolidate small debts without facing rejection from mainstream lenders.
5. Credit Ninja
Interest Rates: 36% – 200% APR
Loan Amounts: $500 – $5,000
Repayment Terms: 12 – 24 months
Credit Ninja specializes in lending to borrowers with low or no credit history, offering small personal loans quickly and efficiently. While the APR may be higher compared to prime lenders, Credit Ninja provides access to funds for borrowers who may not qualify elsewhere.
The application process is entirely online, and approval can be rapid, sometimes within a single business day. Credit Ninja is ideal for managing short-term financial emergencies, consolidating small debts, or bridging income gaps.
6. Fig Loans
Interest Rates: 9.99% – 35.99% APR
Loan Amounts: $1,000 – $15,000
Repayment Terms: 12 – 60 months
Fig Loans is designed for borrowers with fair credit scores, offering loans with competitive APRs and transparent fees.
Borrowers benefit from quick disbursements, personalized offers, and a straightforward online application process.
Fig Loans also emphasizes financial education and transparency, helping borrowers make informed decisions.
Its mid-range loan amounts make it suitable for consolidating credit card debt, funding home projects, or covering unexpected expenses.
7. NetCredit
Interest Rates: 99% – 199% APR
Loan Amounts: $500 – $10,000
Repayment Terms: 9 – 36 months
NetCredit provides personal loans for individuals with challenged credit histories, prioritizing speed and accessibility.
Despite higher APRs for some borrowers, NetCredit ensures transparent terms and flexible repayment schedules.
The platform is ideal for meeting short-term cash needs or bridging income gaps. Applicants benefit from a fast online application process, and funds are often deposited within one business day, reducing financial stress.
8. Happy Money
Interest Rates: 7.99% – 29.99% APR
Loan Amounts: $2,500 – $50,000
Repayment Terms: 24 – 84 months
Happy Money focuses on debt consolidation loans, helping borrowers combine high-interest credit card debt into a single, manageable loan.
By offering lower interest rates than typical credit cards, Happy Money can help borrowers save hundreds of dollars in interest.
The platform offers a seamless online application process, expedited approvals, and tailored loan offers. It’s best suited for borrowers with fair to excellent credit who want to simplify their finances and reduce their monthly payments.
9. OppLoans
Interest Rates: 99% – 199% APR
Loan Amounts: $500 – $4,000
Repayment Terms: 9 – 18 months
OppLoans is a practical option for borrowers with limited or poor credit, offering fast approval and funding.
While APRs are higher than those of prime lenders, OppLoans provides an alternative to payday loans, with structured monthly repayment plans that avoid predatory practices.
Its online application is straightforward, and funds can be received within a day, making it suitable for emergencies or small short-term loans.
Responsible repayment can also help improve your credit over time.
Read related blog: How Do Personal Loans Work? Top 10 Facts You Should Know IN 2025
How to Choose the Right Personal Loan With Low Interest Rates in 2025
Finding the right personal loan in 2025 can be overwhelming, given the numerous options available.
The key is identifying a loan that meets your financial needs while keeping interest costs as low as possible.
A strategic approach ensures you borrow smartly without overpaying.
1. Evaluate Your Financial Situation
Before exploring lenders, take a moment to understand your current financial situation. Ask yourself:
- How much do I need to borrow?
- Can I comfortably afford the monthly payments?
- What is my current debt-to-income ratio?
Having a clear picture of your income, expenses, and existing debts helps you target lenders and loan amounts that fit your budget. It also ensures you don’t take on a loan that could strain your finances.
2. Check Your Credit Score
Your credit score is one of the most important factors in securing a low-interest personal loan. In 2025:
- Excellent credit (720+): Likely to qualify for the lowest rates.
- Good credit (690–719): Eligible for competitive rates with minor variation.
- Fair credit (630–689): May receive higher APRs, but options still exist.
- Poor credit (below 630): Limited options; expect higher interest rates.
Obtaining your credit report and fixing errors can improve your chances of qualifying for better rates.
3. Compare APRs, Not Just Interest Rates
The Annual Percentage Rate (APR) provides a comprehensive view of a loan’s cost, as it encompasses both the interest rate and any associated fees.
Two loans might have the same nominal interest rate, but one could have hidden fees that make it more expensive overall. Always compare APRs when evaluating lenders.
4. Research Multiple Lenders
Different lenders cater to different credit profiles and needs. Options include:
- Traditional banks typically offer competitive rates to borrowers with excellent credit.
- Credit unions often provide slightly lower rates with flexible terms.
- Online lenders: Fast approval, often more lenient with credit history.
Platforms like Beem, NerdWallet, or Credible allow you to compare rates, fees, and terms across multiple lenders quickly, helping you identify the best fit.
5. Understand Loan Terms
Pay attention to:
- Loan amount: Borrow only what you need to avoid unnecessary interest.
- Repayment period: Shorter terms typically result in lower total interest paid, but monthly payments are higher. Longer terms lower monthly payments but increase total interest.
- Fees: Origination fees, prepayment penalties, and late fees can add significantly to costs.
Selecting terms that align with your budget ensures manageable payments and a smooth repayment process.
6. Determine the Loan’s Purpose
Some lenders offer lower rates for specific purposes, like debt consolidation or home improvements. Identifying your loan’s purpose helps match you with lenders offering the best rates for your needs.
7. Prequalify to Explore Rates
Many lenders provide prequalification options that do not affect your credit score. Prequalification allows you to view potential interest rates and loan terms before submitting a formal application, enabling you to compare multiple lenders safely and effectively.
8. Check Lender Reputation
The reliability of the lender is as important as the rate. Consider:
- Customer reviews: Are other borrowers satisfied with their experience?
- Transparency: Are fees and terms clearly disclosed?
- Speed of funding: Does the lender provide funds quickly?
A trustworthy lender can prevent surprises and ensure a smoother borrowing experience.
Read related blog: How to Wisely Use Personal Loans for Debt Reduction
FAQs on Best Personal Loans With Low Interest Rates
What is considered a low-interest personal loan in 2025?
A low-interest personal loan in 2025 typically has an APR between 6% and 15%, depending on your credit score. Loans with excellent credit often qualify for the lowest interest rates, while those with fair or poor credit may result in higher APRs.
How can I qualify for the lowest personal loan rates?
To qualify for the lowest rates, maintain a good to excellent credit score (690+), reduce existing debt, demonstrate stable income, and shop around across multiple lenders to compare APRs and fees.
Which lenders offer the lowest personal loan rates?
Top lenders with low rates include SoFi, Upstart, Upgrade, and Happy Money. These lenders provide competitive APRs, flexible terms, and often no origination fees for borrowers with good credit.
Can I get a low-interest loan with fair or poor credit?
Yes. Lenders such as Universal Credit, Fig Loans, Credit Ninja, and OppLoans cater to borrowers with fair or poor credit. However, interest rates may be higher, and loan amounts may be smaller compared to those offered by prime lenders.
What factors affect personal loan interest rates?
Interest rates are influenced by factors such as credit score, income stability, loan amount, repayment term, and the type of lender. Online lenders may offer faster funding, while banks or credit unions may have slightly lower rates for prime borrowers.
Is the APR or interest rate more important when comparing loans?
The APR is more important because it includes both the interest rate and any additional fees, giving a true picture of the total loan cost.
How fast can I receive funds from a personal loan?
Many online lenders, including Upstart, SoFi, and Upgrade, can disburse funds within one to three business days, while traditional banks may take longer.
Are there fees associated with personal loans?
Some personal loans include origination fees, late payment fees, or prepayment penalties. Lenders like SoFi and Happy Money often waive origination fees, making them more cost-effective.
Conclusion
In 2025, personal loans provide a flexible solution for consolidating debt, covering emergency expenses, or making major purchases. Whether you have excellent credit and qualify for SoFi or Upstart, or need a fair-credit option like Fig Loans or Universal Credit, there is a solution tailored to your needs.
Careful comparison, attention to APRs, and responsible repayment are key to maximizing the benefits of a low-interest personal loan. Download Beem to compare personal loans, auto loans, and other lending options.
By exploring the options above, borrowers in the US can make informed decisions and achieve financial goals without excessive interest costs.
