SoFi vs. LendingClub: Which offers better personal loans?
SoFi and LendingClub are both popular online personal loan lenders, but they each have advantages and disadvantages.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
Hannah Smith is a Bankrate editor specializing in personal loans. They are meticulous in their approach to ensuring users can navigate the complexities of loans with the most up-to-date and accurate information.
Prior to joining the Bankrate team, Hannah was an editor for House Method where they edited and published over 400 articles aimed at helping readers make informed decisions on home renovations and services.
Hannah currently lives in Raleigh. When they are not editing, they enjoy walking with their dog, playing tabletop games and reading.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
SoFi and LendingClub are both popular online personal loan lenders, but they each have advantages and disadvantages.
Upgrade vs. Upstart: Which personal loan is better?
The Federal Reserve has finally shown the signs of a rate plateau. However, interest rates are still breaking records, and it’s not a given that personal loan rates will fall anytime soon. While the [...]
A personal loan can help you buy a home
Almost Everyone I Asked Didn’t Know What Loan Default Is: Why This Is An Issue
Consider credit cards, lines of credit and other options when you need financing.
When managed well, installment loans can help improve or build your credit.
Refinancing can help save you money, but is it the right call for your loans?