Top 5 Personal Loans with Low Interest Rates for 2021
Are you in need of quick cash to cover an unexpected expense? Personal loans can be a great solution. In particular, loans with low interest rates can help you save money in the long run. Here are the top 5 personal loans with low interest rates for 2021:
1. LightStream
LightStream offers unsecured personal loans with interest rates as low as 2.49% APR. They also give you the option to choose your own terms and allow for same-day funding. LightStream has no fees and offers a rate beat program if you find a lower rate elsewhere.
2. SoFi
SoFi offers both unsecured personal loans and debt consolidation loans with interest rates starting at 5.99% APR. SoFi also offers unemployment protection if you lose your job, as well as career coaching for members. SoFi has no fees and offers same-day funding.
3. Marcus by Goldman Sachs
Marcus by Goldman Sachs offers unsecured personal loans with interest rates starting at 6.99% APR. They offer flexible terms and no fees, and you can apply online or over the phone. Marcus also offers a five-day guarantee on their loans, allowing you to return the money if you change your mind.
4. Discover
Discover offers personal loans with interest rates starting at 6.99% APR. They offer same-day approval and no fees, and you can apply online or over the phone. Discover also has a rate calculator on their website, making it easy to estimate payments.
5. Prosper
Prosper offers personal loans with interest rates starting at 6.95% APR. They offer fixed-rate loans with terms ranging from three to five years. Prosper also has no prepayment penalties and no hidden fees. You can apply online and receive funding within a few days.
Conclusion
When looking for a personal loan, it’s important to consider the interest rate as well as any hidden fees. These five lenders offer some of the lowest interest rates in the market, making them a great option for those in need of quick cash. Remember to compare rates and terms before making a decision, and make sure to read the fine print before agreeing to any loan.
