Capital One personal loans: 2024 review

An online lender, SoFi is focused on providing a strong customer experience. It offers flexible-use unsecured personal loans with repayment terms of up to seven years and generous loan amounts of up to $100,000. Additionally, SoFi doesn’t charge any mandatory fees for its loan products, making them low-cost. SoFi states it does not have a minimum credit score for approval, but you likely still need a healthy credit history to qualify.

One of America’s ten largest banks, TD Bank is a recognizable name with over 1,100 locations in the eastern United States. Borrowers who appreciate the Capital One suite of banking products may also find much to appreciate about TD Bank. 

Like Capital One, TD Bank also offers checking and savings accounts and credit cards. TD Bank’s personal loans range from $2,000 to $50,000, with repayment terms of three to five years. However, you’ll need excellent credit to qualify, as the lender’s minimum credit score requirement is 700.

Avant offers personal loans with a minimum credit score requirement of 550. This alone makes it an ideal alternative for those with bad credit. Bad credit loan amounts range from $2,000 to $35,000, and borrowers can choose a repayment term between one and five years. 

On the downside, the lender does have a higher interest rate cap and doesn’t offer joint loans, so if you have poor credit, you may end up with a hefty rate. Besides that, Avant loans aren’t available in every state, so you’ll need to make sure yours is serviced before applying.