Yusra3
VIP Contributor
Need to borrow money for a major purchase or debt consolidation? Best Egg and Laurel Road are two top online lenders to consider for personal loans.
Best Egg offers loans from $2,000 to $50,000 with repayment periods from 3 to 5 years. Their APRs range from 7.99% to 35.99% with an origination fee of 0.99% to 5.99%. You'll need fair to excellent credit to qualify.
Laurel Road personal loans start at $1,000 and go up to $45,000 with repayment terms of 3 to 5 years. APRs are competitive at 7.59% to 29.99% with an origination fee of 0% to 6%. Their minimum credit score requirement is 660.
Both have fast online applications and funding within a few days if approved. However, Laurel Road stands out for not charging any fees besides the optional origination fee. They also offer unemployment protection. For borrowers with good to excellent credit, Laurel Road's lower overall costs give them an edge over Best Egg.
Best Egg offers loans from $2,000 to $50,000 with repayment periods from 3 to 5 years. Their APRs range from 7.99% to 35.99% with an origination fee of 0.99% to 5.99%. You'll need fair to excellent credit to qualify.
Laurel Road personal loans start at $1,000 and go up to $45,000 with repayment terms of 3 to 5 years. APRs are competitive at 7.59% to 29.99% with an origination fee of 0% to 6%. Their minimum credit score requirement is 660.
Both have fast online applications and funding within a few days if approved. However, Laurel Road stands out for not charging any fees besides the optional origination fee. They also offer unemployment protection. For borrowers with good to excellent credit, Laurel Road's lower overall costs give them an edge over Best Egg.
