In 2025, personal loans are still one of the most common ways people borrow money — whether it’s to consolidate credit card debt, cover medical bills, make home repairs, or handle unexpected expenses. With interest rates still shifting due to inflation and broader economic trends, finding a loan with a low interest rate can make a big difference in how much you repay over time.
To save you hours of research, we’ve put together this list of the top 10 personal loans with low interest rates this year. These lenders offer solid terms, fair fees (or none at all), and a good overall customer experience.
1. SoFi
SoFi has consistently ranked as one of the top personal loan providers for a reason. In 2025, they’re still offering competitive APRs starting around 5.99% for qualified borrowers. One of the biggest advantages with SoFi is that there are no fees — no origination fee, no prepayment penalty, and no late fees. You can borrow up to $100,000, and they even offer unemployment protection and financial planning tools.
2. LightStream
LightStream, part of Truist Bank, is a strong option if you have excellent credit. Their interest rates start at around 6.49%, and they’ll actually beat a competitor’s rate if you find a lower one. Like SoFi, they don’t charge any fees, and you can use the loan for just about anything — from home improvement to refinancing existing debt.
3. Marcus by Goldman Sachs
Marcus is Goldman Sachs’ personal loan arm, and they’ve built a reputation for transparency and simplicity. Their APRs start at 6.99%, and they charge absolutely no fees. What’s nice is you can tailor your repayment plan to suit your monthly budget, and their online dashboard makes everything easy to track.
4. Discover Personal Loans
Discover might be best known for credit cards, but their personal loans are competitive too. Rates start at 6.99%, and while they do charge late fees, there’s no origination fee. If you’re looking to consolidate debt, Discover lets you send the loan funds directly to your creditors, which can help streamline the process.
5. Upstart
Upstart is different from traditional lenders because they use AI to approve loans. That means they don’t just look at your credit score — they also consider your education, job history, and income. This makes Upstart a great option if your credit file is thin or less than perfect. Rates start around 6.40%, and loans are typically funded quickly.
6. Avant
Avant is geared toward people with fair or even poor credit, so it’s not the lowest interest rate on the list — APRs start around 9.95%. But if you’ve been denied elsewhere, Avant is worth considering. Loan amounts go up to $35,000, and they have relatively fast approval and funding processes.
7. Earnest
Earnest offers one of the most flexible personal loan experiences on the market. Rates start near 5.99%, and what makes them unique is that you can pick your exact monthly payment date, which can help if you’re trying to line up with your paycheck. They also evaluate more than just your credit score, which can be helpful if you’re early in your financial journey.
8. LendingClub
LendingClub operates on a peer-to-peer model, where individual investors fund personal loans. They’ve been around for a while, and while rates start a bit higher — around 9.57% — they’re especially strong when it comes to debt consolidation. They can pay your creditors directly, and their platform is pretty easy to navigate.
9. Best Egg
Best Egg is known for fast approvals and same-day decisions. APRs begin around 8.99%, and they’re a solid choice if you have decent credit and need the funds quickly. You can borrow up to $50,000, and they’re transparent about all fees and terms upfront.
10. Upgrade
Upgrade is a good fit for borrowers who want to improve their credit while paying off their loan. Their rates start near 8.49%, and they offer free credit monitoring and educational tools. If you open a rewards checking account with them, you can even qualify for a rate discount over time.
How to Pick the Right Personal Loan
There’s no single best loan for everyone — it really depends on your financial goals, credit score, and how much you need to borrow. Here are a few things to keep in mind:
- Compare interest rates, not just monthly payments. A lower APR usually means a cheaper loan in the long run.
- Watch for fees. Some lenders charge origination or late fees, which can add up.
- Know your credit score. Most of the best rates go to people with scores above 700.
- Use prequalification tools. They let you check your rate without affecting your credit.
- Shorter terms usually mean higher payments, but less interest overall.
Final Thoughts
Personal loans can be a smart financial tool — but only if you pick the right one. Whether you’re consolidating debt or financing a big purchase, the key is to compare offers carefully and understand what you’re signing up for. The good news is that 2025 has brought more options than ever before, especially if you have good credit or a steady income.
Start by checking your credit score, use prequalification tools, and take your time choosing a lender that fits your needs. A low-interest loan could save you hundreds — even thousands — over the life of your loan.