Find Your Best Loan Offer In Under A Minute

A personal loan is a type of debt that has a set repayment term and monthly payment. Depending on the lender, you can borrow anywhere between a couple hundred to tens of thousands of dollars. Personal loans are issued by banks, credit unions, and various other financial institutions. There are personal loan options for people with all types of credit, including bad credit.

You can use a personal loan for just about anything. But some lenders may have some restrictions. For example, you can’t use your loan funds for anything illegal, and you may not be able to use a personal loan to refinance student loan debt or pay for college costs. Also, some personal lenders have loans designed specifically for one purpose. Here are some general ideas for how to use your personal loan funds:

• Consolidate high-interest credit cards or other debt
• Cover medical expenses
• Take a vacation
• Renovate your home
• Purchase a car
• Pay for moving expenses
• Start a business
• Boost your credit
• Cover emergency expenses

If you're comparing personal loans, the annual percentage rate (APR) on the loan is the most important thing to look at. The APR is a percentage that reflects how much a loan costs on an annual basis, including interest and fees. Some lenders highlight the interest rate of their loans. But the interest rate alone doesn't tell you the whole story of a loan because some lenders may sneak in expensive fees. Comparing personal loan APRs is the best way to compare two loans on an apples-to-apples basis. In the United States, lenders are required to provide an APR when making a loan offer by the Truth in Lending Act (TILA) of 1968.

• Repayment terms. Try to get the lowest repayment term you can afford. The longer the term, the more interest you will pay.
• Origination fees. Lenders are required to include origination fees in the APR but you still need to consider them when deciding how much you should borrow. This is because lenders deduct the origination fee from the loan amount. So if you borrow $10,000 and there is a 5% origination fee, you will only receive $9,500.

Based on the information you submit via the SuperMoney site, the lenders in our network will evaluate your request and pre-qualify you for the products or services you’ve requested. Pre-qualification does not ensure loan approval and the lender(s) you select to apply with may require additional personal information from you before making a final lending decision.

After submitting your application, you will get a response quickly, usually within seconds. If you are pre-qualified by one or more lenders, the loan offers will come back and be aggregated into an easy to compare format to help you compare your options.

SuperMoney's loan offer engine allows you to check what rates and terms you prequalify for with leading lenders by completing one short form. There are no strings attached and it won't hurt your credit score. Get Started!

Our lending partners can fund loans in as little as one to two days. However, exact funding timeframe can vary based on the lender you select and by application.

Checking loan offers on SuperMoney’s loan offer engine involves a soft credit pull which does not affect your credit score.

SuperMoney is integrated with lending partners for all types of credit. Our lending partners will use your credit score, income, and other information you provide to determine your eligibility. Apply to find out if you the rates and terms you may prequalify for today.

SuperMoney’s integrated with lenders that can handle loan amounts from $500 to $100,000. The exact amount that you’ll prequalify for will vary depending on your financial situation. Apply today to see how much you may prequalify for!