Personal Loans Made Simple
Good for helping to consolidate debt, paying off credit cards, tackling a home improvement project, or covering a major expense.
Loans from $1,000 to $50,000
Check Your Rate Without Impacting Your Credit Score*
Fast Funding Available for Qualified Borrowers**
A Loan for Every Goal
From debt consolidation to life’s biggest expenses, let’s find a solution that fits your needs.
Consolidate High-Interest Debt
Simplify multiple balances into one fixed monthly payment.
Upgrade Your Home
Finance renovations, repairs, and home improvement projects.
Questions About Personal Loans?
Learn how personal loan rates, APRs, loan amounts, and repayment terms work before you apply.
Competitive Personal Loan Rates
Compare options and find a loan that suits your needs
Annual Percentage Rates (APRs) of 7.74%–35.99%*
A Better Way to Get a Loan
Simple, transparent, and designed around your financial goals.
Fast Online Experience
Check your rate and explore loan options from the comfort of home.
Fixed Payments
Predictable monthly payments make budgeting easier.
Flexible Loan Uses
Use funds for debt consolidation, home improvement, medical expenses, and more.
Check Your Rate, Stress-Free
Explore available offers without affecting your credit score*.
Quick Funding**
Qualified borrowers may receive funds in as little as a few business days**.
Personal Loan Calculator
Estimate monthly payments and compare loan amounts.
Getting a Personal Loan is Simple
Check Your Rate
Review available offers through a quick pre-qualification*** process.
Choose Your Loan
Select the amount and repayment term that works for you.
Complete Your Application
Provide requested information and verify your income.
Get Approved
Review your offer and electronically sign your loan documents.
Receive Your Funds
Qualified borrowers may receive funds after approval**.
Achieve Your Goal
Use your funds for debt consolidation, home improvements, major purchases, or other needs.
Trusted Lending Solutions for Real Life
Loans from $1,000 to $50,000
Fast Funding Available for Qualified Borrowers**
Fixed Rates and Fixed Payments
Simple Online Application
See Your Options
Check your rate, explore offers, and move one step closer to your financial goals without impacting your credit score*.
Frequently Asked Questions
Does loanDepot offer personal loans directly?
No. loanDepot does not originate personal loans. loanDepot partners with Upgrade Inc., an online lender headquartered in San Francisco, who underwrites, funds, and services all personal loans referred through this page. If you choose to apply for a personal loan, your application data will be sent directly to Upgrade and is not stored by loanDepot.com, LLC. Upgrade’s loans are made by Cross River Bank and Blue Ridge Bank, both FDIC-insured.
How much can I borrow with a personal loan?
Upgrade offers personal loans from $1,000 to $50,000. Your approved amount depends on your credit score, verified income, debt-to-income ratio, and loan purpose. Borrowers with 720+ FICO scores generally qualify for the largest loan amounts and lowest APRs.
What credit score do I need for a personal loan?
Upgrade accepts personal loan applications from borrowers with a minimum FICO score of 580. The best rates generally require 720+ FICO plus autopay enrollment. Borrowers with lower credit scores may receive higher APRs based on risk and qualification factors.
How fast can I get a personal loan?
Upgrade typically funds approved personal loans in 1 to 2 business days** after final approval and signing. The full process usually takes 3 to 7 days, while pre-qualification*** is instant and uses a soft credit pull that does not affect your score*.
Will pre-qualifying hurt my credit score?
No — pre-qualifying uses a soft credit inquiry, which does not affect your credit score. A hard credit pull only occurs when you complete a full application after selecting an offer. You can check your rate without impacting your FICO score.
Is a personal loan better than a credit card for debt consolidation?
A personal loan may be an option for consolidating credit-card debt, particularly if the loan’s APR, fees and monthly payment are lower than your current obligations. Personal loans generally offer fixed rates and predictable payments over a set term, while credit-card rates and payments may vary. Compare the total cost and terms of each option to determine which may fit your financial situation.
Is a personal loan or a HELOC cheaper?
A HELOC is often less expensive if you own a home with available equity because it is secured by your property. Personal loans are unsecured and generally carry higher rates, but they don’t require using your home as collateral. Compare each option’s APR, fees, monthly payment and repayment terms before deciding which may fit your needs.
Can I pay off a personal loan early?
Yes. Upgrade charges no prepayment penalty, allowing you to make extra principal payments or pay off the loan in full at any time. Paying early could reduce the total interest you pay over the life of the loan, though it does not refund any origination fee deducted at funding.
Personal loans offered via Upgrade and not provided by loanDepot. Please see their Terms of Use and Privacy Policy. Upgrade is not an affiliate of loanDepot.com, LLC. This information is not intended to be an indication of loan qualification, loan approval, or commitment to lend. Not all products are available in all areas. Other limitations apply. Rates, terms, and program availability are subject to change without notice.
*Completing an offer inquiry will not impact your credit score; however, if you submit an application, we will report a hard inquiry to one or more of the consumer reporting agencies.
**Funding timelines vary based upon verifications of income, employment, and other factors. Funding timelines stated are not necessarily representative of all of those who will use our services.
***A pre-qualification requires self-reported information and will provide you with a general idea of what loan amount you’re likely to be approved for. This is not an offer or commitment to lend nor does it guarantee a final loan approval. A final loan approval is subject to verification of the information you have provided and full underwriting review by loanDepot.