Co-signed or joint personal loans: compare and apply

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SoFi

Ideal for lenders who allow co-signers

5.99 – 19.63%

Fixed rates of 5.99% APR to 19.63% APR (with AutoPay). The SoFi price ranges are up to date as of July 30, 2021 and are subject to change without notice. Not all rates and amounts are available in all states. See personal loan eligibility details. Not all applicants are eligible for the lower rate. The lowest rates reserved for the most solvent borrowers. Your actual rate will be within the range of the rates listed above and will depend on a variety of factors including your credit rating, income, and other factors. See examples and APR terms. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly payments of principal and interest through an automatic monthly deduction from a savings or checking account. The benefit will cease and will be forfeited for the periods during which you do not pay by direct debit from a savings account or current account.

$ 5,000 – $ 100,000

680

Loan Club

Loan Club

Ideal for lenders who allow co-signers

8.05 – 35.89%

A representative example of the terms of payment for a loan is as follows: you receive a loan of $ 13,411 for a term of 36 months, with an interest rate of 12.16% and an origination fee of 5.30. % of $ 711 for an APR of 15.99%. In this example, you will receive $ 12,700 and make 36 monthly payments of $ 446.46. Loan amounts range from $ 1,000 to $ 40,000 and loan terms are 36 or 60 months. Certain amounts and terms of office may not be available in certain states. The APR ranges from 8.05% to 35.89% and is determined at the time of application. The origination fees vary from 3% to 6% of the loan amount. The lowest APR is available for borrowers with excellent credit. Advertised rates are subject to change without notice. Loans are made by LendingClub Bank, NA, Member of FDIC (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Loans are subject to credit approval and sufficient investor commitment before they can be financed or issued. Certain information that we subsequently obtain as part of the application process (including, but not limited to, information contained in your consumption report, your income, the loan amount that you are applying for, the subject of your loan and eligible debt) will be taken into account and may affect your ability to obtain a loan from us. Closing of the loan is subject to acceptance of all required agreements and disclosures on Lendingclub.com. “LendingClub” is a registered trademark of LendingClub Bank.

$ 1,000 – $ 40,000

600

Navy Federal Credit Union Personal Loan

Navy Federal Credit Union Personal Loan

on the secure NerdWallet site

Ideal for lenders who allow co-signers

7.49 – 18.00%

$ 250 – $ 50,000

Nothing

See my rates

on the secure NerdWallet site

Lightstream

LightStream

Ideal for lenders who offer joint loans

3.99 – 19.99%

The terms of your loan, including the APR, may differ depending on the purpose of the loan, amount, term, and your credit profile. AutoPay 0.50% points discount is only available if selected prior to loan funding. Rates without AutoPay will be 0.50% higher. To get a loan, you must complete an application on LightStream.com which may affect your credit score. Subject to credit approval. Conditions and limitations apply. The advertised rates and conditions are subject to change without notice. Example Payment: Monthly loan payments of $ 10,000 at 6.14% APR with a term of 3 years would result in 36 monthly payments of $ 304.85. Truist Bank is an equal housing lender. © 2021 Truist Financial Corporation. SunTrust, Truist, LightStream, the LightStream logo, and the SunTrust logo are service marks of Truist Financial Corporation. All other marks are the property of their respective owners. Loan services provided by Truist Bank.

$ 5,000 – $ 100,000

660

To improve

To improve

Ideal for lenders who offer joint loans

5.44 – 35.47%

Personal loans granted through Upgrade have APRs of 5.94% to 35.97%. All personal loans have an origination fee of 2.9% to 8%, which is deducted from the loan proceeds. The lower rates require automatic payment and direct repayment of part of the existing debt. For example, if you received a loan of $ 10,000 with a term of 36 months and an APR of 17.98% (which includes an annual interest rate of 14.32% and a one-time setup fee of 5%) , you will receive $ 9,500 in your account and have a required monthly payment of $ 343.33. Over the life of the loan, your payments would total $ 12,359.97. Your loan’s APR may be higher or lower, and your loan offers may not have multiple terms available. The actual rate depends on credit rating, credit history, length of loan, and other factors. Late payments or subsequent charges and fees can increase the cost of your fixed rate loan. There are no fees or penalties for early repayment of a loan. Personal loans issued by Upgrade lending partners. Information on Upgrade Lending Partners is available at https://www.upgrade.com/lending-partners/. Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day after completing the necessary verifications. The availability of funds depends on how quickly your bank processes the transaction. From the time of approval, funds should be available within four (4) business days. Funds sent directly to pay off your creditors can take up to 2 weeks to clear, depending on the creditor.

$ 1,000 – $ 50,000

580

Main

OneMain Financial

on the OneMain Financial website

Ideal for lenders who offer joint loans

18.00 – 35.99%

Not all applicants will be eligible for larger loan amounts or better loan terms. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and the availability of collateral). Larger loan amounts require a first lien on a motor vehicle less than ten years old, which meets our value requirements, titled in your name with valid insurance. The maximum annual percentage rate (APR) is 35.99%, subject to state restrictions. APRs are generally higher on unsecured vehicle loans. Depending on the state in which you open your loan, the origination fee can be either a fixed amount or a percentage of your loan amount. Lump sums vary by state, ranging from $ 25 to $ 300. Percentage-based fees vary by state, ranging from 1% to 10% of your loan amount, subject to certain state limits on the amount of fees. Servicemen on active duty, their spouses, or dependents covered by the Military Loans Act cannot pledge a vehicle as security for a loan. OneMain loan proceeds cannot be used for post-secondary education expenses as defined by CFPB Regulation Z, such as college, university or professional expenses; for commercial or commercial purposes; buy securities; or for gambling or illegal purposes. Borrowers from these states are subject to these minimum loan amounts: Alabama: $ 2,100. California: $ 3,000. Georgia: Unless you are a current customer, a minimum loan amount of $ 3,100. Ohio: $ 2,000. Virginia: $ 2,600. Borrowers (other than current customers) in these states are subject to these maximum unsecured loan amounts: North Carolina: $ 7,500. New York: $ 20,000. An unsecured loan is a loan that does not require you to provide collateral (like a motor vehicle) to the lender.

$ 1,500 – $ 20,000

Nothing

The average score is 600 – 650

PNC Bank personal loan

PNC Bank personal loan

on the secure NerdWallet site

Ideal for lenders who offer joint loans

6.99 – 25.74%

This APR includes an automatic payment discount.

$ 1,000 – $ 35,000

Nothing

See my rates

on the secure NerdWallet site

Wells Fargo Personal Loan

Wells Fargo Personal Loan

on the secure NerdWallet site

Ideal for lenders who offer joint loans

5.74 – 24.24%

This APR includes an automatic payment discount.

$ 3,000 – $ 100,000

Nothing

See my rates

on the secure NerdWallet site


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