The best $100k personal loan offer comes from LightStream, which may lend up to $100,000 to borrowers with credit scores of 660-700+, for repayment over 24 to 144 months. LightStream’s APRs range from 3.99% to 17.24%, and their loans have no fees whatsoever. In addition, LightStream is known for its fast approval process, sometimes funding loans the same day a borrower applies and usually within 2 business days if not.
But LightStream is not the only personal loan provider that offers $100k personal loans. Two other major lenders that offer up to $100k in personal loan funding include SoFi (an online lender) and Wells Fargo (a bank).
$100k personal loan options:
- LightStream: Loans up to $100,000 ($5,000 minimum). 24 to 144 months for payoff. 3.99% to 17.24% APR.
- SoFi: Loans up to $100,000 ($5,000 minimum). 12 to 84 months for payoff. 5.99% to 17.69% APR.
- Wells Fargo: Loans up to $100,000 ($3,000 minimum). 12 to 60 months for payoff. 5.24% to 22.99% APR.
It’s rare to see $100k personal loans. Most lenders have maximum loan amounts of $50,000 or less. But even if you apply with a lender that does offer $100k personal loans, you’ll need excellent credit and a high income to have a shot at approval. If you barely meet the lender’s minimum credit score for approval (usually 660 or higher for lenders that offer large loans), you may not qualify for a loan size much higher than the lender’s minimum.
You can see your chances of qualifying for a loan of any given size by using WalletHub’s free pre-qualification tool.
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