Same day
Starting at 10.99%
$1,000 - $100,000
12 to 60 months
Not specified
One of the biggest perks of getting a loan through Alliant Credit Union is its Debt Protection plan. These plans protect borrowers in the case of death, disability or involuntary unemployment. Because this lender is a credit union, borrower interest rates never go above 18%.
However, you must join Alliance Credit Union to take out a personal loan. To join, you must be affiliated with a partner employer or organization. Membership is also open to those related to current members or those who live in certain Chicago communities. If you don’t meet these requirements, you will have to join the Foster Care to Success (FC2S) program. Fortunately, Alliant will pay your $5 FC2S membership fee.
Alliant Credit Union doesn’t specify its eligibility criteria. However, it considers your credit score, debt-to-income ratio and income. You must also be an Alliant Credit Union member for at least 90 days before getting a loan.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Next day
9.95% - 35.99%
12 to 60 months
$2,000 - $35,000
580
If you have an excellent credit score, you might find lower rates elsewhere. But if you’re having trouble getting a personal loan because of fair credit, Avant may approve you. You can prequalify for a personal loan to check your eligibility with Avant without damaging your credit score.
Note that Avant charges an origination fee that’s on the higher end.
Read our full Avant personal loan review.
Besides a minimum credit score of 580, Avant doesn’t share many eligibility criteria details. Like most personal loan lenders, Avant may evaluate a consumer’s credit history, income and debt-to-income ratio.
Avant personal loans are not available in the following states:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Next day
7.99% - 24.99%
36 to 84 months
$2,500 - $40,000
720
If you’re looking for a lender with excellent customer service, you may want to consider Discover. LendingTree users have given Discover a 97% satisfaction rating. It also offers three repayment assistance options if you’re having trouble keeping up with your payments.
If you know your payment will be late, however, it’s important you contact Discover as soon as possible. Otherwise, it may charge you a $39 late fee. Additionally, Discover’s minimum credit score requirement is steep. You must have good-to-excellent credit to qualify.
Read our full Discover personal loan review.
Unlike some lenders, Discover’s eligibility requirements are clear. At minimum, you must meet the qualifications below to be eligible:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Next day
7.99% - 35.99%
24 to 72 months
$2,000 - $36,500
660
Aside from offering funding for consumers looking for small loans, you don’t necessarily need perfect credit to qualify. LendingPoint also provides flexible repayment terms to borrowers.
However, you might have to pay an origination fee (Up to 10%). This lender also doesn’t offer the option to apply for a personal loan with a cosigner.
Read our full LendingPoint personal loan review.
LendingPoint requires you to have a credit score of at least 660 to qualify for a personal loan. Additionally, you must:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Same day
7.99% - 20.99% (with autopay)
24 to 144 months
$5,000 - $100,000
Not specified
Time is of the essence with home improvement emergencies. You might get a same-day home improvement loan from LightStream, and it also offers one of the longest repayment terms on the market. Although a long term results in more interest, it could provide some relief in the form of lower monthly payments.
Unfortunately, you’ll have to submit to a hard credit pull to check your eligibility. LightStream does not have a prequalification process. The lender doesn’t disclose its exact credit requirements, but it only approves borrowers with good-to-excellent credit.
Read our full LightStream personal loan review.
LightStream isn’t entirely clear about its eligibility requirements. Generally, it tends to approve those with:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Same day
9.116% - 29.99% (with autopay)
36 or 60 months
$2,000 - $45,000
640
On top of quick funding, Rocket Loans offers an APR discount if you sign up for autopay. And although its minimum APR isn’t the lowest, its maximum APR is more competitive than some.
However, you’ll only have two repayment terms to choose from (36 or 60 months). You may also have to shell out an origination fee.
Read our full Rocket Loans personal loan review.
When you apply, Rocket Loans will review factors such as your credit score, monthly income and current debt. You must also be at least 18 and a U.S. resident to qualify. Rocket Loans does not do business in Iowa, Nevada or West Virginia.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Same day
8.99% - 29.99% (with discounts)*
24 to 84 months
$5,000 - $100,000
680
With large loan amounts and competitive rates, SoFi could be an excellent choice if you need a lot of money fast. If SoFi approves you, it’s likely you’ll receive your loan the same day you apply. That is, as long as you apply before 7 p.m. EST on a business day, and aren’t getting a debt consolidation loan.
SoFi doesn’t have any required fees, but you can pay an optional origination fee for a lower APR. At 680, its minimum credit score requirement is also higher than some.
Read our full SoFi personal loan review.
Here’s what you need to know about SoFi’s guidelines for loan eligibility:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Next day
8.49% - 35.99% (with discounts)
24 to 84 months
$1,000 - $50,000
580
This online lending platform provides the option of taking out a joint loan or a secured loan if you don’t have great credit. But even if you don’t want to add a co-borrower or put your car up as collateral, you may still qualify. Upgrade’s minimum credit score requirement is just 580.
You should know that Upgrade’s loans come with an origination fee between 1.85% - 9.99%. And if you do qualify with fair credit, your APR could be as high as 35.99%.
Read our full Upgrade personal loan review.
Other than a minimum credit score of 580, Upgrade doesn’t clarify many of its personal loan eligibility requirements. It will, however, examine factors such as your credit history and credit utilization ratio. You must also:
Ratings and reviews are from real consumers who have used the lending partner’s services.
Ratings and reviews are from real consumers who have used the lending partner’s services.
Next day
7.80% - 35.99%
36 and 60 months
$1,000 - $50,000
300
Upstart is a lending platform that uses artificial intelligence to determine your creditworthiness. It not only considers your credit score but also your education and employment status. Upstart may even approve you if you have bad or no credit.
Upstart personal loans come with limited loan terms to choose from: 36 and 60 months. You might also be responsible for a whopping 0.00% - 12.00% origination fee.
Read our full Upstart personal loan review.
Upstart offers quite a bit of insight into its loan eligibility requirements. Here’s what you’ll need to qualify for an Upstart loan:
A quick loan is simply a personal loan with a fast funding timeline. While the definition of a fast funding timeline can vary, we consider this to be same-day or next-day funding.
When a lender approves you for a personal loan, it will send your funds as a lump sum (minus an origination fee, if applicable). Then, you’ll pay back your loan in monthly installments, plus interest.
There are plenty of reasons you might need a quick loan. You can use your funds for almost anything, but borrowers often take out a quick loan to pay for emergencies. These could include:
In many ways, you’re at the mercy of your lender regarding when you’ll get your loan. But there are a few things you can do that might expedite the funding process.
Getting an online loan can be quick and convenient. You don’t need to schedule an appointment or leave the comfort of your own home. Many online lenders also specialize same- or next-day loan funding.
You can compare up to five lenders at once on LendingTree’s personal loan marketplace. See what rates you could qualify for today. Checking rates won’t affect your credit score.
Although some lenders offer quick loans, not all do. Review your potential lender’s approval and funding timelines before applying. You can usually find this on the lender’s homepage or by combing through its FAQs. If you’re going with a brick-and-mortar lender, ask the loan officer for more details.
Even if a lender advertises same-day funding, this typically depends on when you apply for your loan.
SoFi, for instance, states that the majority of their applicants receive their loans the same day they apply, but only if they do so before 7 p.m. EST on a business day. LightStream also advertises same-day loans, but only if you complete the verification process by 2:30 p.m. EST on a business day.
Every lender has a different application process, but generally, you’ll need to provide bank and tax statements, W2s and your government-issued ID.
You might be able to confirm this information through an electronic verification system. Still, have this information handy in case you need to send copies by email or fax.
When you’re in a hurry, it can sometimes pay to slow down. Fill out your loan application carefully. Mistakes can cause delays in your loan disbursement. For example, Discover mentions that errors or typos on your application can cause a delayed disbursement.
You might have a choice between getting your loan as a paper check or as a direct deposit. Opt for direct deposit to get your funds faster.
Technically, no loans are instant. No matter what, you have to fill out an application. And even if you go with a no-credit-check lender, it will still need to review your basic financial information.
That said, many lenders can provide loans the same day you apply. These include Alliant, LightStream, Rocket Loans and SoFi. You could also opt for a paycheck advance app — these generally have a fast funding timeline.
The easiest loans to get (payday loans, pawn shop loans and car title loans) are typically the most expensive. These also include no-credit-check installment loans. Before resorting to these options, you may want to check out Upstart, Avant or Upgrade. These lenders work with borrowers with fair-to-poor credit.
They can be, but it depends on the type of loan you get and where you get it from. Above all else, avoid predatory lenders. Also, read LendingTree personal loan reviews to get a feel for the customer experience. Finally, be sure that the lender’s site is encrypted — check for the lock symbol on the left-hand side of your navigation bar.