What is the best place to get a personal loan with fair credit?

You can get a personal loan with a 660 credit score, which is in the fair credit range. The best lenders to get a personal loan from with a 660 credit score are LightStream, Discover and Wells Fargo because they offer the most competitive APRs and fees. You can also use WalletHub's free … read full answerpre-qualification tool to get a sense of your approval odds and potential rates with multiple lenders at once. Pre-qualification will not affect your credit score.

Best Places to Get a Personal Loan With a 660 Credit Score

• LightStream: 660 credit score required
• Discover: 660 credit score required
• Wells Fargo: 660 credit score required
• Prosper: 640 credit score required
• Payoff: 640 credit score required

Note: Scores are from the lender or multiple third-party sources.

People with a credit score of 660 have a lot of personal loan options, including many loans that don't charge origination fees. In general, personal loan credit score requirements tend to range from 585 to 700+, and loans without an origination fee usually require a credit score of 660+.

Other Ways to Get a Personal Loan With a 660 Credit Score

While there are plenty of traditional lenders you can get a personal loan from with a credit score of 660, you could also consider borrowing from a friend or family member. People you have a close relationship with might give you better and more flexible terms than you would get with a traditional lender.

Another option is to get a cosigner to help you qualify for a loan that has a minimum credit requirement above 660. However, you'll need to find someone willing to guarantee that they will pay back the loan if you cannot.

The best personal loans for a 660 credit score are from LightStream, Discover and Wells Fargo. The minimum credit score required by these lenders is equal to or lower than 660, which is in the fair credit range.

A credit score of 660 is one of the most common score requirements lenders use for personal loan approval. It's also the point at which borrowers can typically start qualifying for a loan that doesn't have an origination fee. People with this score or above have a lot of choices, but some are better than others. The following loans offer the most competitive rates, fees and dollar amounts for this credit score range.… read full answer

Best Personal Loans for a 660 Credit Score

• LightStream: 660+ credit score needed.
• Discover: 660+ credit score needed.
• Wells Fargo: 660+ credit score needed.
• Prosper: 640+ credit score needed.
• Payoff: 640+ credit score needed.

Keep in mind that even with a 660 credit score, you're not guaranteed to get approved for any of these loans. When making a decision on whether or not to approve you, a lender will look at your whole financial profile, including things like your income, existing debts, housing status and more.

The monthly payment on a $100,000 loan ranges from $1,367 to $10,046, depending on the APR and how long the loan lasts. For example, if you take out a $100,000 loan for one year with an APR of 36%, your monthly payment will be $10,046. But if you take out a $100,000 loan for seven years with an APR of 4%, your monthly payment will be $1,367.… read full answer

Almost all personal loans offer payoff periods that fall between one and seven years, so those periods serve as the minimum and maximum in our calculations. In addition, these calculations assume that if the lender has an origination fee, it's built into the APR. Some lenders charge an origination fee up front, so your monthly payments might be smaller as a result.

Below are the monthly payments that you can expect on a $100,000 loan with different payoff periods. The table assumes you will be paying interest at an APR of 15%, which is roughly the average personal loan APR.

Example Monthly Payments on a $100,000 Personal Loan

If you'd like to try out any other combinations of payoff periods and interest rates before you apply, you can use WalletHub's free personal loan calculator.

Once you get approved for a personal loan, you will receive information on exactly what your monthly payment will be. And you'll be able to access that information any time through your online account or by looking at one of your monthly bills.