Chase Bank Personal Loans: 9 Alternatives to Consider

Can I get a personal loan from Chase? Does Chase offer personal loans?

While Chase is one of the largest financial institutions in the country and offers auto loans, credit cards, banking, mortgages, and more, it does not currently offer personal loans.

However, if you would like personal loan, there are several other options from which you can choose. Here are nine great alternatives to consider.

1. SoFi

SoFi is a well-established direct lender that offers personal loans ranging from $5,000 to $100,000. While you must be employed to get approved, SoFi looks at more than just your credit score and debt-to-income ratio.

It also considers your education level, career, and estimated cash flow, which is good news for borrowers with less-than-perfect credit.

When you choose this lender, you join their community which comes with benefits such as career coaching, a discount on your interest rate, unemployment protection, an entrepreneur program, financial advisors, and events.

Highlights:

  • $30 billion in funded loans
  • Loan amounts from $5,000 to $100,000
  • Terms from 36 to 84 months
  • Competitive interest rates (fixed and variable rates available)
  • Community benefits
  • Online prequalification with soft credit pull
  • No origination fees
  • Choose from several loan choices
  • Sign the loan electronically and have funds deposited into your account
  • Customer service support is available seven days per week
  • Considers more than just your credit score and debt-to-income ratios
  • Temporarily pauses payments if members lose their job
  • Save 0.25% by setting up AutoPay

Read more about SoFi personal loans

2. LightStream

LightStream is a standout lender due to its high loan amounts and loan term limits. Further, it offers a large Autopay discount and charges no origination fees.

LighStream’s business development officer, Todd Nelson, says, “Since financing is unsecured, LightStream underwrites the individual, rather than the collateral. As a result, LightStream’s customers can borrow money to buy cars, boats, RVs, motorcycles, etc., as well as to tackle home improvement projects, consolidate credit card debt, buy a horse, adopt a child, or pay for that dream purchase for almost anything.”

The company aims to reward those with excellent credit by offering them very attractive and competitive terms and conditions. However, it also has competitive offerings for those with average to good credit as well.

Highlights:

  • Borrow from $5,000 to $100,000
  • Loan terms from 24 to 144 months
  • Great for well-qualified customers
  • No fees
  • Fixed interest rates
  • Apply and get an instant decision
  • Have funds in your account as soon as the same day
  • 50% AutoPay discount
  • Secured/unsecured loans available
  • Rate Beat program
  • $100 satisfaction guarantee

Learn more about LightStream personal loans in this in-depth review. 

3. Upgrade

Upgrade offers personal loans and lines of credit ranging from $1,000 to $50,000. While it does charge an origination fee on the loans, the company is more lenient when approving borrowers, having a minimum credit score requirement of only 620.

The company also aims to help people improve their financial situation by offering free credit monitoring, education features, and alerts.

Upgrade’s CEO, Renaud Laplanche, says, “We believe that combining personal loans with free credit monitoring, alerts, and education features provides a more comprehensive service than other personal loan lenders and makes us more helpful to more people.”

Highlights:

  • Over $33 billion in loans
  • Loans from $1,000 to $50,000
  • Low fixed interest rates
  • Apply online without hurting your credit score
  • 36 and 60-month terms
  • The loan will be distributed to your bank via ACH within one business day of acceptance and verification
  • Minimum credit score of 620 required
  • Financial support resources

Everything you should know before getting a loan from Upgrade

4. LendingClub

LendingClub is an online marketplace where borrowers can come to get loans funded by the investors. Loan amounts go up to $40,000.

The platform has funded over $33 billion in loans, has over two million customers, and maintains a high average customer rating.

Highlights:

  • $33+ billion in loans
  • An online marketplace that connects borrowers and investors
  • Competitive fixed rate loans
  • The loan will be deposited into your bank account
  • Apply online without hurting your credit score

SoFi vs. LendingClub — which is better?

5. Prosper

Prosper is another online lending marketplace that connects borrowers and investors. It has facilitated more than $12 billion in loans to more than 770,000 people. Choose from either a three- or five-year term and borrow up to $35,000.

Highlights:

  • $12 billion funded through Prosper
  • Apply online without hurting your credit score
  • Fixed interest rates
  • Terms of 36 and 60 months
  • Upon approval, the loan will be deposited into your bank account

A comprehensive review of Prosper personal loans

6. Avant

Avant provides easy access to online personal loans up to $35,000. It serves customers with credit scores ranging from 600 to 700, so can be a good fit for those with average-to-good credit. The loan will be originated by Web Bank and serviced by Avant.

Highlights:

  • Loan terms begin at 24 months and go up to 60 months
  • Apply online without impacting your credit score
  • E-sign your contract and have the money directly deposited into your account (usually on the next business day)
  • Most customers have a credit score from 600 to 700

Learn more about Avant personal loans

7. LendingPoint

LendingPoint is a lender that aims to help customers across the credit spectrum. It looks for more reasons to say “yes” to potential borrowers who may have had trouble getting approved by other lenders. If you keep getting denied, this lender may be able to loan you up to $25,000.

Highlights:

  • Loaned more than $500 million
  • Terms from 24 to 48 months
  • Receive funds as soon as the next day
  • Customers with credit scores in the 600s are okay
  • Considers more than your credit score
  • Apply online without hurting your credit score and get an instant decision

Read an in-depth review of Lending Point’s personal loans

8. Rise

Rise is an alternative to predatory payday loans, offering better rates and terms. Borrowers with no credit or bad credit can get approved for loans and lines of credit. Further, the big benefit of this company is that returning customers can get a discount on their APR.

Highlights:

  • Apply online and get an instant decision
  • Solutions for people with bad or no credit
  • Receive cash as soon as next day
  • Loan amount and terms vary by state
  • Terms up to 26 months
  • Rates can decrease over time for returning customers

Everything you need to know about Rise personal loans

9. OppLoans

OppLoans is a direct lender that targets borrowers with subprime credit and positions itself as a better alternative to payday loans. While the rates and terms won’t be as favorable as other lenders on the list, the company will approve borrowers that the others won’t.

Highlights:

  • Installment loans for borrowers with subprime credit
  • Apply online without hurting your credit score
  • Quick approvals
  • Payday loan alternative-lower interest rates and longer repayment terms
  • Great reviews from past customers
  • Personal customer service
  • Terms up to 36 months

Nine reasons you may want to apply with OppLoans

Deciding which one is right for you will depend on many factors including your preferences, your credit situation, where you live, and what offers they can give you. Conveniently, most lenders allow you to apply online without any negative impact on your credit score if you use SuperMoney’s loan offer engine.

Personal loan FAQs

Which banks offer personal loans?

Many banks and other financial companies offer personal loans. For a comprehensive list of potential lenders, click here.

How can I get a small personal loan?

You can get a small personal loan by finding and applying with a lender that is a good fit for you. Many lenders now allow you to apply online without hurting your credit score. If you are approved and agree to the terms, you can often get funds transferred to your bank account within one business day.

Are Wells Fargo personal loans available?

Yes, Wells Fargo does offer personal loans.

Are personal loans hard to get?

Many online lenders have cropped up in recent years, so getting a personal loan is easier than ever before. There are companies catering to almost the entire credit spectrum. However, it may be more difficult to get a loan from an offline, brick-and-mortar lender.

Ready to find the best personal loan for you?

Shopping around and comparing lenders can be a lot of work. If you’d like to save time and quickly find out which lender is best for you, check out SuperMoney’s personal loan engine.

After answering a few basic questions, you can receive multiple offers from industry-leading lenders. Compare prequalification offers side-by-side, with no harm done to your credit score. Yes, shopping around just got much easier.

Find your best loan offer loan offer from competing lenders!

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