Lenders were selected using MagnifyMoney’s personal loan marketplace on Dec. 12, 2019, assuming:
- Credit score of excellent (720-850), good (680-719), fair (640-679) or poor (below 640)
- Loan amount of $2,500
- ZIP code: 11220
Lenders who do not have a specified minimum score requirement or that do not fund loans within one business day after loan approval were not considered. The top three lenders (according to minimum APR) for each credit profile were then considered.
LendingTree owns MagnifyMoney.