Loan Amount: | $1,000-$50,000 |
Credit Score: | Poor to Excellent |
APR: | Depends |
Loan Term: | Depends |
The Benefits
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FIXED INTEREST RATES
Generally, the interest rates are fixed, meaning they don’t change over the life of the loan. This can make it easy to budget for your payments later.
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FIXED MONTHLY PAYMENTS
Personal loans have a definite payment schedule, which means borrowers know exactly how long it’ll take to pay off what they owe, and balances can’t run up like they can on credit cards.
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COULD IMPROVE CREDIT SCORE
Credit score issuers such as FICO like to see borrowers carry a mix of credit types. An unsecured loan could improve your score by adding another loan to your report.
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NO RISK OF REPOSSESSION OF PROPERTY
Signature loans are generally unsecured, which means you don’t have to put something of value up for collateral. If you can’t meet your repayment agreement later, your personal property isn’t at risk.
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FUNDS CAN BE USED FOR A VARIETY OF REASONS
Most lenders will allow you to use your loan funds to pay for almost anything. So whether you need to consolidate your debt, pay off unexpected medical expenses or repair your home, these loans empower you to do so.
Getting a personal loan at LendingTree is easy
APPLY
As you apply, know the purpose of your loan, your credit score, how much money you want to borrow and your preferred repayment schedule. These are the questions you’ll need to answer to obtain a loan.COMPARE AND PICK THE BEST OPTION
Explore LendingTree’s personal loan marketplace, where you can filter lenders by your credit score, loan amount and even ZIP code. LendingTree will give you more than one quote, and can match you with up to five lenders. Compare rates and loan offers side by side and pick the best one for you.SAVE AND GET THE MONEY YOU NEED QUICKLY!
A fixed interest rate and definite payment schedule mean borrowers could pay less over the life of the loan, and will know exactly how long it’ll take them to pay off what they owe. Additionally, balances can’t run up like they can on credit cards. Collect your money, sometimes as fast as the day you applied, and spend it on what you need.