Personal Loans

 

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 evaluate them for how easy they are to qualify for, cost and ease of repayment — the factors that matter most to you. Learn more about how we rate lenders.

How LendingTree works

You’d shop around for flights. Why not your loan? LendingTree makes it easy. Fill out one form and get lenders from the country’s largest network to compete for your business.

1. Tell us what you need

Take two minutes to tell us who you are and how much money you need. It’s free, simple and secure.

2. Shop your offers

LendingTree users who get at least one offer receive 20 personal loan offers on average. Compare your offers side by side to get the best deal.

3. Get your money

Pick a lender and sign your loan paperwork. You could see money in your account in as soon as 24 hours.