Some of the Best Online Loan Companies Offering Personal Loans

We all need some help to get through difficult times in our lives; whether it’s the emotional support of the people around you or financial assistance to get you through a tough situation. While there isn’t much anyone else can do about the people you have in your life, there is something we can help with when it comes to financial assistance. How? By providing you with information regarding the best online loan companies offering personal loans.

Why would you need to take a personal loan? Your reason can be anything; a medical debt, credit card debt, funds required to start a new business or improve your home, etc. Whatever your reasons may be, the place you have to start at is to look through the best online loan companies offering personal loans. To make it easier for you, we have listed down some of them to get you started.

Four of the Best Online Loan Companies Offering Personal Loans

To begin looking at the best online loan companies offering personal loans, you need to know the kind of loan you need and whether you qualify for it.

Little or No Credit History

Best Online Loan Companies Offering Personal Loans

If you don’t have any credit history, or have just started building it, your best option will be Upstart. Why? Because it doesn’t look at your FICO score or your credit history alone; it looks beyond that, at your education and your work history.

Low Fees

Best Online Loan Companies Offering Personal Loans

Don’t want to pay a lot of fees on your loan? Then, you should look beyond just the best online loan companies offering personal loans and consider their fees as well. One company, with the lowest fees you’ll find, is SoFi. However, to be eligible for a SoFi loan is also harder.

Multiple Loan Choices

Best Online Loan Companies Offering Personal Loans

LendingTree Logo. (PRNewsFoto/LendingTree)

Although not a private loan provider, LendingTree is a great resource if you want to connect with different lenders, find loan information and more. You simply submit a loan request on the website and look through the various offers that match your request to allow you to select the best one.

Peer-to-Peer Lending

Best Online Loan Companies Offering Personal Loans

Lending Club, the world’s largest online marketplace connecting borrowers and investors. (PRNewsFoto/Lending Club) (PRNewsFoto/Lending Club)

If you don’t want to go through the traditional route of banks, you can go for peer-to-peer lending companies, one of the best ones being Lending Club. The eligibility requirements are less stringent compared to other companies and they have a dedicated advisor as well.

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