Easiest Personal Loans to Get in 2024

Personal loans are among the most flexible and all-purpose forms of credit. You can make use of it to cover unforeseen and unpredicted emergency expenses, financing a vehicle, or large purchases. It all depends on what you want to use the loan for. Even though the eligibility criteria of lenders vary, you can still find a lender with the best rates and terms that will work for you, even if you have a bad credit score. Here are some of the easiest personal loans to get in 2024: Hence, if you are interested and need some recommendations, I have got you covered.

10 Easiest Personal Loans to Get In 2024

In this section, you will discover some reliable lenders that offer personal loans that are easy to qualify for. Let’s get into it:

1. Universal Credit

When it comes to comparing different offers, Universal Credit is number one. Moreover, they offer flexible qualification requirements, and there is no prepayment penalty. What’s more, after you apply for a loan from Universal Credit, you can get credited the next day. Meanwhile, they have high APRs, and their personal loans charge a 5.25% to 9.99% origination fee.

2. Upgrade

Even if you have a bad credit score, Upgrade is the overall best installment loan. With a minimum credit score of 580, you can get loan amounts ranging from $1,000 to $50,000. Although Upgrade has a high APR range and charges fees for insufficient funds, origination, and late payment, you can use their loan for business expenses.

3. LendingClub

Another easy personal loan lender I would love to recommend to you is LendingClub. Furthermore, borrowers can access loan amounts ranging from $1,000 to $40,000 and need a minimum credit score of 600 to qualify. Additionally, LendingClub allows co-applicants, and if you have fair or excellent credit, you can apply.

4. Upstart

Upstart is one of the easiest personal loans to get in 2024 and is best for quick approvals as well. With a minimum credit score of 300, you can apply for and be approved for a personal loan. This means that borrowers with fair credit can access their services.

5. LendingPoint

LendingPoint is another easy personal loan to get in 2024. It is best for below-average credit and fast funding. They also offer loan amounts ranging from $2,000 to $36,500, and if you have a credit score of 600 or above, you can qualify for their loans. However, LendingPoint does not allow joint loans or co-signers, and their services are not available in West Virginia and Nevada.

6. Avant

Although Avant does not support co-applicants and co-signers and has a high starting APR for prime borrowers, you can enjoy loan terms of up to 60 months. What’s more, Avant offers secured and unsecured loan options to borrowers.

7. Best Egg

Best Egg is best for secured loans. Not only do they offer secured loans, but unsecured loan options are available as well. But if you are interested in taking out a secured loan, you can get affordable monthly payments and lower rates. What’s more, if you want to consolidate your debt, Best Egg is willing to pay your creditors directly. However, they charge origination and late payment fees, and their secured loans are only for homeowners.

8. OneMain Financial

Another easy personal loan to get in 2024 is OneMain Financial. Furthermore, they are well known for their flexible repayment terms, which are usually 2, 3, 4, or 5 years on personal loans from $1,500 to $20,000. However, OneMaim Financial does not disclose their minimum credit score, and they charge origination fees as well.

9. Prosper

If you are looking for a peer-to-peer lender, Prosper needs to be considered. Instead of credit unions and traditional banks, Prosper correlates your loan request with individual investors. Moreover, if you are interested in using Prosper, you can apply for a personal loan through their official website. If you have a fair credit score starting at 640, you can apply with a co-applicant.

10. SoFi

SoFi is one of the easiest personal loans to get in 2024. It is also well-known for its amazing customer service. What’s more, with this lender, you can review your loan rate within 60 seconds online and perform the application process conveniently as well. In addition to this, SoFi does not charge borrowers prepayment penalties, origination fees, or late fees.

How to Choose the Best One for You

When shopping for the easiest personal loan to get in 2024, you must compare the available options to find a good term and rate. Here are some helpful tips that you can put to use when comparing personal loans from lenders:

  • Compare interest rates and fees.
  • Look at customer reviews.
  • Prequalify with different lenders.
  • Think about applying with a co-applicant or co-borrower.
  • Go through the monthly payments and repayment terms.

So, if you put these tips to use, it will be no big deal when you search for or look for a good personal loan lender. 


What makes a personal loan easy to get?

Factors such as a good credit score, stable income, a low debt-to-income ratio, and a positive credit history typically make it easier to qualify for a personal loan.

What are the eligibility criteria for easy-to-get personal loans?

Eligibility criteria may vary among lenders but generally include factors like a minimum credit score, steady income, employment history, and debt-to-income ratio within acceptable limits.

Are there any specific types of personal loans that are easier to obtain?

Some lenders may offer specialized personal loans for individuals with less-than-perfect credit or those with limited credit histories, which could be easier to qualify for compared to traditional loans.

What documents are typically required to apply for an easy personal loan?

Commonly requested documents include proof of identity (such as a driver’s license), proof of income (such as pay stubs or tax returns), and bank statements.

How can I improve my chances of getting approved for an easy personal loan?

Improving your credit score, reducing existing debts, maintaining a stable income, and ensuring accurate information on your loan application can enhance your chances of approval.

What are the interest rates like for easy-to-get personal loans?

Interest rates for personal loans vary depending on factors like creditworthiness, loan amount, and loan term. Generally, individuals with better credit scores receive lower interest rates.

Can I get an easy personal loan if I have bad credit?

While it may be more challenging to qualify for a personal loan with bad credit, some lenders specialize in offering loans to individuals with less-than-perfect credit histories. However, these loans may come with higher interest rates.

How long does it take to receive funds from an easy personal loan?

The timeframe for receiving funds can vary depending on the lender and their application process. Some lenders offer same-day funding, while others may take several business days to approve and disburse the loan amount.

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