LightStreamLimited offer
Personal Loan
5.99 - 21.49 %
APR
2 - 6 years
Loan Term
Check rates
On partner's site
We have found 121 personal loans to apply for in Raleigh, NC. Add more criteria to compare personal loans and find the best one for you.
ByMyfin Team
Updated March 10, 2024
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Best pick for...
Showing 121 personal loans
Lender
APR
Term
Loan amount
Apply
Personal Loan
5
APR
5.99 - 21.49 %
with Autopay
Term
2 - 6years
Loan amount
$5,000 - $100,000
- General
- Details
Minimum credit:
Fair (580-669)
Autopay discount:
0.5%
Origination fee:
No origination fee.
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Low rates
- No fees
- Fast approval and funding
- Rate discount for autopay
- Digital experience
Cons:
- Minimum loan amount is a bit high
- Requires a long credit history
LightStream is the online lending division of Truist (formerly SunTrust Bank).
The key feature of LightStream's online personal loans is that they can be up to $100,000 and used for nearly any reason.
LightStream charges no fees on its personal loans. Plus, it offers to send you $100 if you’re unsatisfied with the loan process.
See LightStream full product review
Check rates
On partner's site
Personal Loan
4.13
APR
6.99 - 24.99 %
with Autopay
Term
3 - 6years
Loan amount
$3,500 - $40,000
- General
- Details
Minimum credit:
Fair (580-669)
Autopay discount:
0.25%
Origination fee:
No origination fee.
Funds available in:
5 business days.
Loan Purpose:
Personal Loan
Pros:
- No fees
- Autopay discount
Cons:
- Long time to receive funds
- No Cosigner Option
Marcus offers unsecured personal loans up to $40,000 with rates from 6.99% to 24.99%.
Marcus does not charge origination, late payment and check processing fees.
See Marcus by Goldman Sachs full product review
Check rates
On partner's site
Personal Loan
3.77
APR
5.6 - 35.99 %
Term
3 - 5years
Loan amount
$1,000 - $50,000
- General
- Details
Minimum credit:
Origination fee:
10%
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- No prepayment penalty
- Next day funding
Cons:
- Origination Fee
- Extra Fees
Upstart loans range from $1,000 to $50,000. Not all applicants will qualify for the full amount.
Theminimum loan amount: $7,000 (MA), $6,000(Ohio), $5,100 (NM), $3,100 (GA), $2,100 (HI).
Borrowers need credit scores of 580 or higher.
Upstart offers fixed-rate APRs that vary from 5.60% to 35.99%. Loan terms are available for 3 or 5 years.
The origination fee ranges from 0% to 8%.
See Upstart full product review
Check rates
On partner's site
Personal Loan
2.66
APR
8.99 - 29.99 %
Term
2 - 5years
Loan amount
$5,000 - $40,000
- General
- Details
Minimum credit:
Good (670-739)
Origination fee:
5%
Funds available in:
3-6 business days.
Loan Purpose:
Personal Loan
Pros:
- No prepayment or late fees
- Free monthly FICO score updates
Cons:
- Co-signers are not accepted
- Origination Fee
- Slow funding
- Not available in all states
The Payoff Loan™ is an unsecured personal loan designed to consolidate your credit cards into one monthly payment. Payoff requires a minimum FICO credit score of 640 or higher. It provides loans of up to $40,000.
The Payoff platform provides loans with rates between 8.99% and 29.99% APR. Minimum loan amount and APR may vary in certain states.
See Payoff® full product review
Check rates
On partner's site
Personal Loan
3.73
APR
8.3 - 36 %
Term
3 - 5years
Loan amount
$1,000 - $40,000
- General
- Details
Minimum credit:
Poor (300-579)
Origination fee:
3 - 6%
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Quick, easy online application
- Fast funding
Cons:
- Origination fee
LendingClub offers loans of $1,000 to $40,000.
The APR range is from 8.30% to 36.00%. Loan terms are available for 3 or 5 years.
LendingClub charges an origination fee of 3% to 6% on personal loans.
See LendingClub full product review
Check rates
On partner's site
Personal Loan
5
APR
7.99 - 23.43 %
with Autopay
Term
2 - 7years
Loan amount
$5,000 - $100,000
- General
- Details
Minimum credit:
Good (670-739)
Autopay discount:
0.25%
Origination fee:
No origination fee.
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Fast approval and funding
- Rate discount for autopay
- No Fees
Cons:
- Not available to residents of Mississippi
- No secured loan option
SoFi loans range between $5,000 to $100,000.
The APR range is from 7.99% to 23.43% (with discounts). Loan terms are available for 2 or 7 years.
The loan is not available in Mississippi.
SoFi personal loans have no fees: no origination fees, no late fees, no prepayment penalties.
See SoFi full product review
Check rates
On partner's site
Personal Loan
3.45
APR
9.95 - 35.95 %
Term
1 - 5years
Loan amount
$2,000 - $35,000
- General
- Details
Minimum credit:
Poor (300-579)
Origination fee:
4.75%
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Fast approval and funding
- Low minimum credit score requirements
- No prepayment fees
Cons:
- Fees
- No Autopay discount
- No Cosigner Option
Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.95%.
Avant charges an origination fee up to 4.75%.
Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.
See Avant full product review
Check rates
On partner's site
Personal Loan
2.36
APR
7.95 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $40,000
- General
- Details
Minimum credit:
Fair (580-669)
Origination fee:
2.41 - 5%
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Fast approval and funding
- Simple application process
Cons:
- Origination fee
- Extra Fees
- No Autopay Discount
- Not available in all states
Prosper offers fixed-rate APRs that vary from 7.95% to 35.99%. Loan terms are available for 3 or 5 years.
The origination fee ranges from 2.41% to 5%. Prosper charges $15 for failed payments or returned checks. Payments that are 15 or more days late are assessed a late fee.
If you don't qualify for a personal loan with Prosper, consider applying with a co-applicant.
See Prosper full product review
Check rates
On partner's site
Personal Loan
2.97
APR
7.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
- General
- Details
Minimum credit:
Good (670-739)
Origination fee:
0.99 - 8.99%
Funds available in:
1-3 business days.
Loan Purpose:
Personal Loan
Pros:
- Fast approval
- Low fixed rates
- Fast funding
Cons:
- Fee charged
Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.
Best Egg’s personal loans are ideal for consolidating debt or funding major expenses. Borrowers cannot use loans toward securities or postsecondary educational expenses.
There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.
Best Egg origination fees vary from 0.99% to 8.99%.
The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).
See Best Egg full product review
Check rates
On partner's site
Personal Loan
2.5
APR
18 - 35.99 %
Term
2 - 5years
Loan amount
$1,500 - $7,500
- General
- Details
Minimum credit:
Poor (300-579)
Origination fee:
$25 - $500
Funds available in:
1 business day.
Loan Purpose:
Personal Loan
Pros:
- Secured and unsecured options
- Poor-credit applicants considered
Cons:
- Origination fee
- Extra Fees
- High Rates
OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.
You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.
OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.
The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.
See OneMain Financial full product review
Check rates
On partner's site
Show more
For example, if you apply for a 2-year $5,000 personal loan with an interest rate of 15% and an origination fee of 5% you would receive $4,750 and make 24 payments of $242.43. The total amount paid would be $5,818.
TOP 5 banks offering personal loans in Raleigh
Showing 5 banks
Sort by: Branches
- Bank name
- Total Assets
- Branches
Bank
Bank name
Branches
Total Assets (US$M)
Location
Wells Fargo
Branches20 bank branches
Total Assets (US$M)1,712,535,000
Find near me
Raleigh Main
150 Fayetteville St, Raleigh, NC, 27601
(919) 881-7111
Sunday: Closed
Cameron Village Clark
2001 Clark Ave, Raleigh, NC, 27605
(919) 839-1399
Sunday: Closed
Hillsborough
2600 Hillsborough St, Raleigh, NC, 27607
(919) 664-8801
Sunday: Closed
Show all departments
Truist Bank
Branches20 bank branches
Total Assets (US$M)532,080,000
Find near me
North Hills Branch
4460 Six Forks Road, Raleigh, NC, 27609
North Boulevard Branch
5135 N New Hope Road, Raleigh, NC, 27604
Capital Boulevard Branch
4424 Capital Boulevard, Raleigh, NC, 27604
Show all departments
First Citizens Bank
Branches13 bank branches
Total Assets (US$M)107,542,088
Find near me
Raleigh North Ridge Branch
7001 Falls Of The Neuse Road, Raleigh, NC, 27615
Mini City Branch
4801 Capital Boulevard, Raleigh, NC, 27604
Ridley Park Branch
4300 Six Forks Road, Raleigh, NC, 27609
Show all departments
Bank of America
Branches10 bank branches
Total Assets (US$M)2,440,022,000
Find near me
North Raleigh
6300 Falls Of Neuse Rd, Raleigh, NC, 27615
(919) 829-6690
Sunday: Closed
Crabtree Valley
4317 Glenwood Ave, Raleigh, NC, 27612
(919) 829-6657
Sunday: Closed
Cameron Village
321 Oberlin Rd, Raleigh, NC, 27605
(919) 829-6654
Sunday: Closed
Show all departments
Branches10 bank branches
Total Assets (US$M)
Find near me
Brier Creek
8501 Brier Creek Pkwy, Raleigh, NC, 27617-7333
(919) 313-1890
Sunday: Closed
Cameron Village
611 Oberlin Rd, Raleigh, NC, 27605-1126
(919) 716-9520
Sunday: Closed
Capital Blvd
4424 Capital Blvd, Raleigh, NC, 27604-4315
(919) 716-9535
Sunday: Closed
Show all departments
How to choose the best personal loan in Raleigh, North Carolina?
Personal loans serve as a valuable tool to address budgetary gaps and provide financial flexibility when utilized wisely. It is essential to identify a suitable loan that caters to your specific financial requirements.
When selecting a personal loan in Raleigh, North Carolina, consider the following factors:
- Annual Percentage Rate (APR). The APR encompasses the total cost of borrowing, including the interest rate and associated fees.
- Loan Amount. Assess your financial situation to determine the necessary borrowing amount and repayment duration.
- Loan Term. The loan term refers to the duration within which you must repay the loan. Longer terms result in lower monthly payments but higher overall interest paid, while shorter terms mean higher monthly payments but lower total interest.
- Credit Score. Your credit score impacts the interest rate offered. A higher credit score often qualifies for lower interest rates, while lower scores may result in higher rates.
- Collateral. Some lenders may require collateral, such as a vehicle or property, for a personal loan. Offering collateral reduces the lender's risk, potentially resulting in lower interest rates.
Considering these factors will help you make an informed decision when choosing a personal loan that aligns with your financial goals in Raleigh, North Carolina.
Compare and choose the best personal loan in Raleigh, North Carolina
Here are some lenders that offer personal loans in Raleigh, North Carolina:
Lender | APR | Loan Amount | Loan term | Origination Fee | Score Required | Apply |
---|---|---|---|---|---|---|
LightStream | 6.49 - 21.99% | $5,000 - $100,000 | 2 - 6 years | No origination fee. | From Fair (580-669) to Fair (580-669) | Check rates On partner's site |
Marcus by Goldman Sachs | 7.24 - 25.24% | $3,500 - $40,000 | 3 - 6 years | No origination fee. | From Fair (580-669) to Excellent (740-799) | Check rates On partner's site |
Upstart | 5.6 - 35.99% | $1,000 - $50,000 | 3 - 5 years | 10% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
Payoff® | 8.99 - 29.99% | $5,000 - $40,000 | 2 - 5 years | 5% | From Good (670-739) to Excellent (740-799) | Check rates On partner's site |
LendingClub | 8.3 - 36% | $1,000 - $40,000 | 3 - 5 years | 3 - 6% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
SoFi | 8.24 - 23.68% | $5,000 - $100,000 | 2 - 7 years | No origination fee. | From Good (670-739) to Excellent (740-799) | Check rates On partner's site |
Avant | 9.95 - 35.95% | $2,000 - $35,000 | 1 - 5 years | 4.75% | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
Prosper | 7.95 - 35.99% | $2,000 - $40,000 | 3 - 5 years | 2.41 - 5% | From Fair (580-669) to Excellent (740-799) | Check rates On partner's site |
Best Egg | 7.99 - 35.99% | $2,000 - $50,000 | 3 - 5 years | 0.99 - 8.99% | From Good (670-739) to Good (670-739) | Check rates On partner's site |
OneMain Financial | 18 - 35.99% | $1,500 - $20,000 | 2 - 5 years | $25 - $500 | From Poor (300-579) to Excellent (740-799) | Check rates On partner's site |
Tips for increasing personal loan approval odds in Raleigh, North Carolina
To improve your chances of getting approved for a personal loan, consider the following recommendations:
- Improve your credit score. A higher credit score enhances your likelihood of loan approval and secures a lower interest rate.
- Maintain a stable income. Lenders prefer borrowers with a steady income to ensure repayment capability.
- Prepare necessary documentation. Expect lenders to request documentation verifying your income, assets, and debts as part of the application process.
Conclusion
Getting a personal loan can improve your financial situation. However, it is important to do thorough research and compare different lenders before making a decision. By taking the time to compare your options, you can find the perfect personal loan that fits your specific needs.
FAQ
What is the highest interest rate on a personal loan in Raleigh, North Carolina?
The highest interest rate on personal loan in Raleigh is 36%.
What is the biggest loan amount in Raleigh, North Carolina?
The biggest personal loan amount in Raleigh is $500,000.
What credit score do I need to have to get a personal loan in Raleigh, North Carolina?
To get approved for a personal loan in Raleigh you need to have at least a Poor (300-579) credit score.
Myfin Team
Author, editor
content@myfin.us
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