Features

Where does Best Egg do business?

Best Egg is a direct lender based in Wilmington, DE. It was founded in 2014 and offers access to personal loans in 50 states (and Washington, DC).

What range of rates does Best Egg offer?

Best Egg offers personal loans with APRs starting at 5.99% and up to 29.99%.

Does Best Egg charge an origination fee?

Yes, Best Egg charges a loan origination fee of 0.99% to 5.99% of the loan amount. Best Egg deducts the fee directly from your loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow. 

Does Best Egg charge a late fee?

Yes, Best Egg may charge borrowers a late payment fee

Does Best Egg charge prepayment fees?

No, Best Egg does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

How much can you borrow from Best Egg?

Loan amounts start at $2,000 and go up to $35,000.

What do you need to qualify for a loan with Best Egg?

Applicants with a credit score of at least 640 can apply for a loan via Best Egg. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

Active duty servicemembers and their covered dependents are eligible to apply for a loan via Best Egg. Their rates fall within the limits of The Military Lending Act.

Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

  • Driver's license
  • Proof of citizenship or residence permit
  • Recent pay stubs
  • Proof of income

What is the estimated funding time for a personal loan via Best Egg?

Best Egg will typically approve (or deny) a loan application within 24 hours and fund personal loans as soon as 1 business day of approval.

  • Institution Type
    Direct Lender
  • Credit Score Range
    640 - 850
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Joint Loan Applications Accepted
    Only Individual Applications
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Age
    18
  • Verification Documents Required?
    • Proof of Income
    • Recent Pay Stubs
    • Driver License (or other photo ID)
    • Proof of citizenship/residence
  • No Prepayment Fee
  • Origination Fee
    0.99% - 5.99%
  • Approval Speed (Hours)
    24
  • Funding Time Range (in days)
    1 - 7
  • Payment Options
    • Automatic Payments
    • Check by mail
  • Pre-Approved Soft Credit Inquiry
  • Loan Amount
    $2000 - $35000
  • APR
    5.99% - 29.99%
Best Egg loans are unsecured personal loans through Cross River Bank, a New Jersey chartered bank, member FDIC. Equal Housing Lender. “Best Egg” is a trademark of Marlette Funding LLC. Loan amounts range from $2,000 to $35,000. All Best Egg loans in Massachusetts must exceed $6,000, loans in Ohio must exceed $5,000, and loans in Georgia must exceed $3,000. The Annual Percentage Rate (APR) is the cost of credit as a yearly rate. The APR ranges from 5.99% to 29.99%, which may include an origination fee of 0.99%–5.99%. Any origination fees on five-year loans will be at least 4.99%. Origination fees are deducted from loan proceeds. For example, a five-year $10,000 loan with 9.99% APR would have 60 scheduled monthly payments of $201.81, and a three-year $5,000 loan with 5.99% APR would have 36 scheduled monthly payments of $150.57. The APR offered will depend on your credit score, application information, loan amount, loan term, and credit usage history. Requests for the highest loan amount may result in an APR higher than our lowest advertised rate. You must have a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest rate. Your verifiable income must support your ability to repay your loan. Upon loan acceptance, the timing of funds availability may vary depending upon your bank’s individual policies.
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