Personal loans are a popular option for those who need to borrow money for various reasons, including debt consolidation, home improvements, or unexpected expenses. There are many lenders that offer personal loans in the United States, each with its own set of terms, rates, and requirements. In this article, we'll take a closer look at some of the best personal loans available in the US.

SoFi Personal Loans:

SoFi is a popular lender that offers personal loans with competitive rates and flexible terms. Borrowers can choose between fixed or variable interest rates and can borrow up to $100,000. SoFi also offers a unique unemployment protection program that allows borrowers to temporarily pause their payments if they lose their job. SoFi has no origination fees or prepayment penalties.

Marcus by Goldman Sachs:

Marcus by Goldman Sachs is another popular lender that offers personal loans with no fees and competitive rates. Borrowers can apply for loans up to $50,000 and can choose between fixed or variable interest rates. Marcus also offers a discount for borrowers who set up automatic payments. Borrowers can also take advantage of a 30-day grace period before their first payment is due.

Best Egg:

Best Egg is an online lender that offers personal loans with competitive rates and flexible terms. Borrowers can apply for loans up to $50,000 and can choose between fixed or variable interest rates. Best Egg also offers a quick application process, with some borrowers receiving their funds as soon as the next business day. Best Egg does charge an origination fee, however.

Discover Personal Loans:

Discover is a well-known credit card issuer that also offers personal loans. Borrowers can apply for loans up to $35,000 and can choose between fixed or variable interest rates. Discover has no origination fees or prepayment penalties and offers a quick and easy application process. Discover also offers a 30-day money-back guarantee, allowing borrowers to return the funds without any fees or interest charges if they change their minds.

LightStream:

LightStream is a division of SunTrust Bank that offers personal loans with competitive rates and flexible terms. Borrowers can apply for loans up to $100,000 and can choose between fixed or variable interest rates. LightStream also offers a unique Rate Beat program, which will beat any competitor's interest rate by 0.10%. LightStream has no origination fees or prepayment penalties.

LendingClub:

LendingClub is a peer-to-peer lending platform that allows borrowers to apply for personal loans from individual investors. Borrowers can apply for loans up to $40,000 and can choose between fixed or variable interest rates.