As we approach 2025, personal loans continue to be a popular financing option for individuals in need of funds for various purposes, such as debt consolidation, home improvements, or emergency expenses. With a wide variety of lenders offering different terms, interest rates, and loan amounts, choosing the right loan can be overwhelming. To help you make an informed decision, we've compiled a list of the top 10 personal loans to consider in 2025. Whether you have excellent credit or are working to improve your financial situation, there's likely a loan that suits your needs.

1. SoFi Personal Loans

SoFi is a leading known lender for offering personal loans with competitive interest rates, no fees, and flexible terms. SoFi's personal loans are available for amounts ranging from $5,000 to $100,000, making them ideal for both small and large financial needs. One of the biggest perks of SoFi loans is the ability to qualify for discounts if you set up autopay. With its robust online platform and fast approval process, SoFi is a great option for borrowers with good to excellent credit.

2. Marcus by Goldman Sachs

Marcus by Goldman Sachs offers personal loans with no fees, a simple online application process, and flexible repayment terms. You can borrow anywhere from $3,500 to $40,000, with loan terms ranging from 36 to 72 months. Interest rates are competitive, and the lender offers a 7-day return policy, which gives borrowers peace of mind if they change their mind after accepting the loan. Marcus also provides free access to credit score monitoring, which can help you stay on top of your financial health.

3. Discover Personal Loans

Discover is known for its excellent customer service and transparent lending practices. Personal loans from Discover range from $2,500 to $35,000, and you can choose from flexible loan terms of 36 to 84 months. One of the benefits of borrowing from Discover is the possibility of prequalifying for a loan without impacting your credit score. Additionally, Discover provides borrowers with a 30-day satisfaction guarantee, so you can return the loan if you change your mind within the first 30 days of acceptance.

4. LightStream Personal Loans

LightStream, a division of SunTrust Bank, offers personal loans with some of the lowest interest rates available in the market. Loan amounts range from $5,000 to $100,000, with repayment terms from 24 to 144 months. LightStream is known for offering fast funding, often within the same business day, making it a top choice for those who need quick access to funds. Borrowers with excellent credit can take advantage of some of the most competitive interest rates in the industry.

LendingClub is a peer-to-peer lending platform that connects borrowers with individual investors. Personal loans are available in amounts ranging from $1,000 to $40,000, and terms range from 36 to 60 months. LendingClub is a good option for individuals with fair credit, as they consider a wider range of credit profiles. Interest rates vary based on your creditworthiness, but the platform offers a transparent process and flexible options for loan repayment.

Upstart is an innovative online lender that uses artificial intelligence and machine learning to determine loan eligibility, which may help individuals with less-than-perfect credit. Personal loans range from $1,000 to $50,000, and you can choose repayment terms between 36 and 60 months. Upstart takes into consideration factors such as your education, job history, and income in addition to your credit score, making it a good option for borrowers with limited credit history or lower scores.

7. Avant Personal Loans

Avant is an online lender that specializes in offering personal loans to individuals with fair to bad credit. Loans range from $2,000 to $35,000, and repayment terms are available between 24 and 60 months. While Avant’s interest rates tend to be higher compared to lenders that specialize in prime borrowers, its flexible terms and easy online application process make it a viable option for those looking to secure a loan with less-than-perfect credit.

8. Best Egg

Best Egg offers personal loans that range from $2,000 to $50,000 with terms between 36 and 60 months. Best Egg is known for providing fast approval and funding, often within 1-3 business days. This lender is ideal for those with good to excellent credit who are looking for low rates and a streamlined online application process. Best Egg offers a wide variety of loan purposes, from debt consolidation to home improvements and medical expenses.

9. Earnest Personal Loans

Earnest offers personal loans that are highly customizable, with amounts ranging from $5,000 to $75,000 and repayment terms between 36 and 60 months. Earnest stands out for its personalized rates based on your financial situation, rather than just your credit score. The lender offers flexible payment options and an easy online application process. Earnest is a great option for individuals with strong credit and those looking for a highly tailored loan experience.

10. Best Personal Loan for Bad Credit: OneMain Financial

OneMain Financial offers personal loans for individuals with poor credit or no credit history at all. Loan amounts range from $1,500 to $20,000, with terms between 24 and 60 months. While interest rates are higher than those offered by prime lenders, OneMain Financial allows for secured loans, meaning you can pledge collateral to reduce the lender’s risk. OneMain Financial also has physical locations across the U.S., providing customers with the opportunity to meet face-to-face with a representative if needed.

Conclusion

Choosing the right personal loan in 2025 depends on your credit score, loan needs, and preferred repayment terms. While each lender offers different loan amounts, interest rates, and terms, the options listed above provide a good starting point for comparison. If you’re looking for competitive interest rates and flexible terms, consider lenders like SoFi, Marcus by Goldman Sachs, or LightStream. If you have less-than-perfect credit, options like Avant or OneMain Financial can provide you with access to loans even if your credit isn’t stellar. No matter your situation, it’s essential to shop around and find the loan that best fits your financial goals.