Top 4 companies that give personal loans online

Top 4 companies that give personal loans online

Personal loans are great for people who do not have savings and need emergency funding. There are various providers of online personal loans and following is a list of trusted lenders who offer great rates:

One of the fastest sources of personal loans online, Discover offers a great deal because it does not have any origin fee. You may plan monthly fixed payments for up to 84 months and the annual percentage rates (APR) vary between 6.99% to 24.99%. Another great feature about opting for this lender is that you may pay your previous creditors, if any, directly.

Lending Club
Being one of the most popular peer-to-peer lending platforms, Lending Club has a lot of satisfied customers who have opted for personal loans online. With an attractive APR of 6.16% to 35.89%, you may definitely consider this option for any financial shortcoming in your life. Be it a house furnishing, marriage expenses, travel escapades, or even an expensive purchase, you may log on to their portal and get your application approved within two to three days.

With a varying APR of 6.58% to 14.87%, SoFi has come up as one of the most popular options for online personal loans. They offer amounts between $5,000 to $10,000 for a term of three to seven years, making it easy for the borrower to plan the payments. Moreover, you may get the loan approval within the same day and the application process is very fast. They are a trusted name in the lending market and definitely offer great rates for personal loans.

When looking for a quick option for personal loans online, FreedomPlus fits all the bills. The application process takes only a few minutes and you get the decision of the creditor on the same day in most cases. The rest of the formalities like documents upload take around 48 hours, ensuring that you get your funding as soon as possible. FreedomPlus understands that when you apply for a personal loan, you might be running short on time. Considering this, they have created a super-fast process for procuring personal loans online. Secondly, they have options for two-year terms and three-year terms too wherein you may repay the loan amount as per your convenience for a minimal origination fee of 1.38% to 5% of the loan amount.