Last Updated: 04/18/2025
Marcus by Goldman Sachs Personal Loans
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in Personal Loans from Goldman Sachs Bank USA
Last Updated: 04/18/2025
SuperMoney User Recommendation Score +1
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Marcus by Goldman Sachs Personal Loans Review
Key Takeaways
- APRs starting at 6.99%. Interest rates vary by state. Personal loan interest rates typically range between 9% and 36%. The starting rates for Marcus by Goldman Sachs Personal Loans are on the lower end of the spectrum.
- Prequalified rate. You can check your prequalified rate at Goldman Sachs Bank USA with a soft pull that will not affect your FICO or VantageScore.
- No origination fee. Marcus by Goldman Sachs Personal Loans does not charge a loan origination fee.
- No late fees. Marcus by Goldman Sachs Personal Loans will not charge additional fees if you miss the due date on a payment.
- Super long loan terms. Marcus by Goldman Sachs Personal Loans offers loan terms of up to 72 months. Most personal loans have a maximum term of 60 months.
Marcus loans Pros & Cons
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Marcus loans FAQ
What interest rates and personal loan terms does Marcus loans offer?
What interest rates does Marcus loans offer?
How much can you borrow via Marcus loans?
What is the maximum loan term you can get with Marcus loans?
| Personal Loan Amount | $3500 - $40000 |
| Loan Term | 36 - 72 months |
| APR | 6.99% - 24.99% |
What fees does Marcus loans charge?
Does Marcus loans charge an origination fee?
Does Marcus loans charge a late fee?
Does Marcus loans charge prepayment fees?
| Origination Fee | 0% |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for Marcus by Goldman Sachs Personal Loans?
Applicants with a credit score of at least 720 and up to 840 may be eligible for Marcus by Goldman Sachs Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.- Applicants must have an active and valid personal checking account
- Recent pay stubs
- Proof of income
- Bank account information
- Driver's license or other government photo ID
- Government issued photo ID
- Proof of identity
- Proof of citizenship or residence permit
- U.S. tax identification number
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Credit Score | 720 - 840 |
Does Marcus by Goldman Sachs Personal Loans report your account activity to credit bureaus?
- Equifax
- Experian
- TransUnion
Does Goldman Sachs Bank USA perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates.Are Marcus by Goldman Sachs Personal Loans legit?
Marcus by Goldman Sachs Personal Loans Disclosure: Marcus offer terms and conditions: Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. Rates range from 6.99% to 24.99% APR, and loan terms range from 36 to 72 months. For NY residents, rates range from 6.99%-24.74%. Only the most creditworthy applicants qualify for the lowest rates and longest loan terms. Rates will generally be higher for longer-term loans. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans). Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions. Receive a 0.25% APR reduction when you enroll in AutoPay. This reduction will not be applied if AutoPay is not in effect. When enrolled, a larger portion of your monthly payment will be applied to your principal loan amount and less interest will accrue on your loan, which may result in a smaller final payment. See loan agreement for details. Income Disclosure: List your total available income including wages, retirement, investments, and rental properties. You are not required to disclose income that is alimony, child support or separate maintenance unless you want to use that income to qualify for a loan. If applicable, include self-employment salary. For total commission earnings, provide an annual average. Increase non-taxable income/benefits by 25%. No Fees. We don't deduct a sign-up fee from your loan amount. Loans from $3,500 to $40,000 and fixed rates from 6.99% to 24.99% APR. Only the most creditworthy applicants qualify for the lowest rates and largest loans amounts. Rates will generally be higher for longer term loans Tailored monthly payment options designed to fit your budget. Marcus is backed by over 150 years of Goldman Sachs' financial expertise. No origination fee, prepayment fee, or late fee - You only pay interest for the additional days. Discount when enrolled in Autopay.
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