When choosing for a personal loan that is suitable with purpose of using money, customers need to consider carefully about personal loan lenders. Because there are more and more lenders from banks, credit union to financial companies offering personal loans. This article introduces about two best lenders in the US.

Customers need to consider carefully about personal loan lenders

In the previous post, Infocreditfree.com introduces people to some of the necessary information that is useful for getting the credit card rates to get more information people can read the article The credit card rates are usually expressed as an annual rate. Now, let find knowledge about personal loan lenders in the post today.

PERSONAL LOAN LENDERS

Just like a lot of article posts about loans for unemployed, borrow money, loans for average credit, government loans, personal loan interest rates…. this post about personal loan lenders also includes some main parts. They are:

1. Marcus by Goldman Sachs is one of the best personal loan lenders

Titanium Wall Street Goldman Sachs offers Marcus as a bank brand. Marcus offers personal loans and savings accounts, both of which are the best in their respective industries. To lend, Marcus focused on credit card consolidation, home improvement, debt consolidation, and other personal loans.

In addition to competitive rates, the reason Marcus is at the top list is a free guarantee and a simple five-minute application. There are no origin fees, no upfront fees, and no deferred payments, although you must always pay in full every month.

The unsecured personal loans that are offered by Marcus by Goldman Sachs

  • Loans amount: $3,500 to $40,000.
  • Rates range: 6.99% to 23.99% APR
  • Loan terms: 36 to 72 months.

For example, if you get a $15,000 loan at 12.99% APR with 48 on-time, the monthly payments of $402.33 would have an estimated total cost of approximately $19,312. Only the most creditworthy applicants qualify for the lowest rates and longest loan terms. If you get a longer-term loans, the rate of loans will generally be higher.

To get more information about personal loans of Marcus by Goldman Sachs:

  • Phone number: 1-844-MARCUS1 (1-844-627-2871)
  • Time: Monday to Saturday from 7 am to 9 pm E.T.

Personal loan lenders
Customers need to consider carefully about personal loan lenders

2. SoFi is one of the best personal loan lenders

For highly qualified borrowers, SoFi offers large loans up to $ 100,000 with a fixed annual percentage as low as 5.99%, including a quarter discount if you agree automatic payments from savings or checking accounts.

SoFi is unusual in that it offers fixed-rate loans. Fixed rate options are more popular and rest assured that your prices and payments will never change. However, some SoFi borrowers choose the rate of change, especially for short-term loans, according to the company. Interest rates for variable-rate loans tend to be lower than fixed-rate loans, but they can increase over the life of the loan to a maximum of 14.70%.

SoFi gives borrowers the flexibility to make payments, such as allowing you to change the due date. It also does not charge late fees for missed payments or overdraft charges.

If you lose your job through no fault of the own, SoFi allows you to apply for a pause – temporarily suspending the monthly loan payment – for once every three months, up to 12 months .

Although you participate in the program, the interest is still accrued for the loan, but you can avoid adding to your balance by paying only interest during the prohibition period.

How to qualify:

  • Minimum credit score: 680, but usually 700 or higher.
  • Minimum annual income: $ 45,000, but the average of the borrower is more than $ 100,000.

This post is information about personal loan lenders in the US. Also if you are looking for information about personal loan lenders in Australia, you should the articles of Loansaustralia.net such as Apply for the Cash Converters Personal Loans in some minutes…

Personal loan lenders in Australia are different from personal loan lenders in New Zealand. Therefore, if you want to know about the personal loans in New Zealand, you should read the article from Loansnz.net such as Customers can get competitive rates with loans of Geneva Finance

Hillary (Team Content) – Personal loan lenders