Who offers personal loans?

by josie_rohan , in category: Personal Finance , a year ago

1 answer


by bell , 10 months ago


There are various financial institutions and lenders that offer personal loans, including banks, credit unions, online lenders, and peer-to-peer lending platforms. Some well-known providers include:

  1. Banks: Wells Fargo, Bank of America, Chase, Citibank
  2. Credit Unions: Navy Federal Credit Union, PenFed Credit Union
  3. Online Lenders: SoFi, LendingClub, Prosper, Avant, Upgrade
  4. Peer-to-peer Lending Platforms: Peerform, Funding Circle, Upstart
  5. Payday lenders (usually for small, short-term loans with high interest rates): Check Into Cash, CashNetUSA

It is important to compare interest rates, fees, terms, and eligibility criteria from multiple lenders before choosing the best personal loan option for your specific needs.