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  Best Personal Loan Companies with the Lowest Rates in October 2025 Key takeaways  Winner: SoFi. Based on our comprehensive rating system, SoFi is LendingTree’s pick for the best personal loan company as of October 2025.  Why we like it: SoFi offers some of the fastest funding on the market and lets you skip upfront fees (they’re optional).  Runners-up: PenFed Credit Union and Upgrade. Both offer low rates and unique perks that make them strong alternatives and top LendingTree picks. Compare loans from top lenders in minutes What is the best personal loan company right now? As of October 2025, SoFi is the best personal loan company according to our methodology because it offers quick funding, optional fees and competitive rates. Other top personal loan companies include Upgrade (low rates and accessible to people with fair credit) and PenFed Credit Union(low rates and no fees). LendingTree personal loan experts hand-select each of our top lenders and evaluat...

What is Two-Factor Authentication and Why You Need It

 What is Two-Factor Authentication and Why You Need It

Two-Factor Authentication

Two-factor authentication (2FA) is an extra layer of security that requires two different forms of identification when logging into an account. It’s like having two keys to open a door: you need both to get inside.

Why is 2FA important?

  • Enhanced security: By adding a second layer of protection, 2FA makes it significantly harder for hackers to gain unauthorized access to your accounts, even if they know your password.
  • Protects sensitive data: Your personal information, financial data, and other sensitive information are safeguarded from unauthorized access.
  • Compliance with regulations: Many industries have strict data privacy regulations that require the use of 2FA to protect customer information.

How does 2FA work?

There are several common methods of 2FA:

  • SMS-based 2FA: You receive a one-time code via SMS to your mobile phone.
  • Authentication app: You use a dedicated authentication app like Google Authenticator or Authy to generate a time-based one-time password (TOTP).
  • Security key: A physical device that you plug into a USB port or use via NFC.

Tips for using 2FA:

  • Enable 2FA for all your important accounts: This includes email, social media, banking, and any other account containing sensitive information.
  • Choose a strong authentication method: Consider using an authentication app or security key for the highest level of security.
  • Be wary of phishing attacks: Never enter your 2FA code in response to an unsolicited email or text message.

In conclusion, two-factor authentication is a simple yet highly effective way to protect your online accounts. By adding this extra layer of security, you can significantly reduce the risk of having your accounts hacked.

Two-Factor Authentication


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