Some personal loan providers do not offer the option to add a co-signer, but rather have joint loans. With a joint loan, there are also two names on the application. However, the two applicants have equal access to the loan and are equally responsible for repaying the borrowed amount, as opposed to one person backing up the other. In this case, both applicants’ credit histories and incomes get the same weight in application decisions.
Personal loans that allow co-signers or joint applications aren’t especially hard to find, but they’re not the standard, either. Of the personal loan providers that WalletHub has reviewed, around half provide one of these two options, with joint applications being more common.
To help potential borrowers with their search, WalletHub’s editors picked out the best personal loans that allow co-signers or joint applications from among our partners in several categories.
Compare Personal Loans with Co-signers or Joint Applications:
| Loan Provider | Best For | APR Range |
| LendingClub | Fair credit | 6.95% - 35.89% |
| FreedomPlus | Low minimum APR | 5.99% - 29.99% |
When looking for a personal loan that allows co-signers or offers a joint application, you’ll want to consider all the same things you would when getting a personal loan by yourself. That includes APRs, fees, loan amounts, payoff periods, and approval and funding timelines. However, you may be able to consider loans with higher credit score and income requirements than you can personally meet, particularly if you have a co-signer.
Before applying for a personal loan with a co-signer or joint applicant, it’s a good idea for both of you to check for pre-qualification. WalletHub’s free pre-qualification tool will show you the odds of approval with various lenders, along with potential APRs.
Below, you can see a more detailed comparison of personal loans that allow co-signers or joint applications from WalletHub’s partners.
- Excellent
- Good
- Fair
- Bad
- No Credit/Limited History
Prosper $5,000 Loan • 60 Months
- More than $16 billion in loans funded
- 9 out of 10 customers would recommend Prosper to friends or family**
- Get your money in as few as 3 business days — your monthly payment stays the same
**Based on responses from randomly selected borrowers in good standing who received a loan from 01/01/2016 to 11/20/2016. Survey conducted was of a statistically significant sample size with a 95% confidence level and a 3.94% margin of error.
Estimated Monthly Payment: For example, a three-year $10,000 personal loan would have an interest rate of 11.74% and a 5.00% origination fee for an annual percentage rate (APR) of 15.34% APR. You would receive $9,500 and make 36 scheduled monthly payments of $330.90. A five-year $10,000 personal loan would have an interest rate of 11.99% and a 5.00% origination fee with a 14.27% APR. You would receive $9,500 and make 60 scheduled monthly payments of $222.39. Origination fees vary between 2.41%-5%. Personal loan APRs through Prosper range from 7.95% to 35.99%, with the lowest rates for the most creditworthy borrowers.
Eligibility for personal loans up to $40,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions. All personal loans made by WebBank, Member FDIC.
Payoff $5,000 Loan • 60 Months
- With a Payoff Loan, you, like other Payoff Members, could raise your credit score by 40 points.
- You can consolidate all your credit card payments down to one monthly, affordable, fixed-rate payment between 5.99% and 24.99% APR.
- You WON’T pay any prepayment penalties, application fees, late fees or hidden fees. Because no one wants to do that.
- Loans for refinancing credit card debt from $5,000 to $35,000
Disclosure: This does not constitute an actual commitment to lend or an offer to extend credit. Upon submitting a loan application, you may be asked to provide additional documents to enable us to verify your income, assets, and financial condition. Your interest rate and terms for which you are approved will be shown to you as part of the online application process. Most applicants will receive a variety of loan offerings to choose from, with varying loan amounts and interest rates. Borrower subject to a loan origination fee, which is deducted from the loan proceeds. Refer to full borrower agreement for all terms, conditions and requirements.
Best Egg $5,000 Loan • 60 Months
- You could get money in your account in as little as one business day
- With a fixed APR, your monthly payment will be the same
- No pre-payment penalties if you choose to pay it down quicker
- Trusted company with an A+ BBB rating and a 4.8/5 Trustpilot TrustScore*
*Trustpilot TrustScore as of June 2020. Best Egg loans are unsecured personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. “Best Egg” is a trademark of Marlette Funding, LLC. All uses of “Best Egg” refer to “the Best Egg personal loan” and/or “Best Egg on behalf of Cross River Bank, as originator of the Best Egg personal loan,” as applicable. The term, amount and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors. Your loan agreement will contain specific terms and conditions. The timing of available funds upon loan approval may vary depending upon your bank’s policies. Loan amounts range from $2,000– $50,000. Residents of Massachusetts have a minimum loan amount of $6,500 ; New Mexico and Ohio, $5,000; and Georgia, $3,000. For a second Best Egg loan, your total existing Best Egg loan balances cannot exceed $50,000. Annual Percentage Rates (APRs) range from 5.99%–29.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–6.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4-years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest APR. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Prosper $5,000 Loan • 36 Months
- More than $16 billion in loans funded
- 9 out of 10 customers would recommend Prosper to friends or family**
- Get your money in as few as 3 business days — your monthly payment stays the same
**Based on responses from randomly selected borrowers in good standing who received a loan from 01/01/2016 to 11/20/2016. Survey conducted was of a statistically significant sample size with a 95% confidence level and a 3.94% margin of error.
Estimated Monthly Payment: For example, a three-year $10,000 personal loan would have an interest rate of 11.74% and a 5.00% origination fee for an annual percentage rate (APR) of 15.34% APR. You would receive $9,500 and make 36 scheduled monthly payments of $330.90. A five-year $10,000 personal loan would have an interest rate of 11.99% and a 5.00% origination fee with a 14.27% APR. You would receive $9,500 and make 60 scheduled monthly payments of $222.39. Origination fees vary between 2.41%-5%. Personal loan APRs through Prosper range from 7.95% to 35.99%, with the lowest rates for the most creditworthy borrowers.
Eligibility for personal loans up to $40,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions. All personal loans made by WebBank, Member FDIC.
Payoff $5,000 Loan • 36 Months
- With a Payoff Loan, you, like other Payoff Members, could raise your credit score by 40 points.
- You can consolidate all your credit card payments down to one monthly, affordable, fixed-rate payment between 5.99% and 24.99% APR.
- You WON’T pay any prepayment penalties, application fees, late fees or hidden fees. Because no one wants to do that.
- Loans for refinancing credit card debt from $5,000 to $35,000
Disclosure: This does not constitute an actual commitment to lend or an offer to extend credit. Upon submitting a loan application, you may be asked to provide additional documents to enable us to verify your income, assets, and financial condition. Your interest rate and terms for which you are approved will be shown to you as part of the online application process. Most applicants will receive a variety of loan offerings to choose from, with varying loan amounts and interest rates. Borrower subject to a loan origination fee, which is deducted from the loan proceeds. Refer to full borrower agreement for all terms, conditions and requirements.
Best Egg $5,000 Loan • 36 Months
- You could get money in your account in as little as one business day
- With a fixed APR, your monthly payment will be the same
- No pre-payment penalties if you choose to pay it down quicker
- Trusted company with an A+ BBB rating and a 4.8/5 Trustpilot TrustScore*
*Trustpilot TrustScore as of June 2020. Best Egg loans are unsecured personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. “Best Egg” is a trademark of Marlette Funding, LLC. All uses of “Best Egg” refer to “the Best Egg personal loan” and/or “Best Egg on behalf of Cross River Bank, as originator of the Best Egg personal loan,” as applicable. The term, amount and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors. Your loan agreement will contain specific terms and conditions. The timing of available funds upon loan approval may vary depending upon your bank’s policies. Loan amounts range from $2,000– $50,000. Residents of Massachusetts have a minimum loan amount of $6,500 ; New Mexico and Ohio, $5,000; and Georgia, $3,000. For a second Best Egg loan, your total existing Best Egg loan balances cannot exceed $50,000. Annual Percentage Rates (APRs) range from 5.99%–29.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–6.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4-years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest APR. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Marcus by Goldman Sachs $5,000 Loan • 72 Months
- No Fees. Ever. We don't deduct a sign-up fee from your loan amount.
- Loans from $3,500 to $40,000 and fixed rates from 6.99% to 19.99% APR. Only the most creditworthy applicants qualify for the lowest rates and largest loans amounts. Rates will generally be higher for longer term loans.
- Tailored monthly payment options designed to fit your budget.
- Marcus is backed by over 150 years of Goldman Sachs' financial expertise.
- No origination fee, prepayment fee, or late fee - You only pay interest for the additional days.
- Discount when enrolled in Autopay.
- Minimum Credit Score 660 TransUnion FICO v.9.0 or 600 TransUnion Vantage 3.0
- You could receive your funds in as little as 3 days.
Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions
Marcus by Goldman Sachs $5,000 Loan • 60 Months
- No Fees. Ever. We don't deduct a sign-up fee from your loan amount.
- Loans from $3,500 to $40,000 and fixed rates from 6.99% to 19.99% APR. Only the most creditworthy applicants qualify for the lowest rates and largest loans amounts. Rates will generally be higher for longer term loans.
- Tailored monthly payment options designed to fit your budget.
- Marcus is backed by over 150 years of Goldman Sachs' financial expertise.
- No origination fee, prepayment fee, or late fee - You only pay interest for the additional days.
- Discount when enrolled in Autopay.
- Minimum Credit Score 660 TransUnion FICO v.9.0 or 600 TransUnion Vantage 3.0
- You could receive your funds in as little as 3 days.
Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions
Marcus by Goldman Sachs $5,000 Loan • 48 Months
- No Fees. Ever. We don't deduct a sign-up fee from your loan amount.
- Loans from $3,500 to $40,000 and fixed rates from 6.99% to 19.99% APR. Only the most creditworthy applicants qualify for the lowest rates and largest loans amounts. Rates will generally be higher for longer term loans.
- Tailored monthly payment options designed to fit your budget.
- Marcus is backed by over 150 years of Goldman Sachs' financial expertise.
- No origination fee, prepayment fee, or late fee - You only pay interest for the additional days.
- Discount when enrolled in Autopay.
- Minimum Credit Score 660 TransUnion FICO v.9.0 or 600 TransUnion Vantage 3.0
- You could receive your funds in as little as 3 days.
Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions
Axos Bank $5,000 Loan • 60 Months
Upstart $5,000 Loan • 60 Months
Axos Bank $5,000 Loan • 48 Months
Marcus by Goldman Sachs $5,000 Loan • 36 Months
- No Fees. Ever. We don't deduct a sign-up fee from your loan amount.
- Loans from $3,500 to $40,000 and fixed rates from 6.99% to 19.99% APR. Only the most creditworthy applicants qualify for the lowest rates and largest loans amounts. Rates will generally be higher for longer term loans.
- Tailored monthly payment options designed to fit your budget.
- Marcus is backed by over 150 years of Goldman Sachs' financial expertise.
- No origination fee, prepayment fee, or late fee - You only pay interest for the additional days.
- Discount when enrolled in Autopay.
- Minimum Credit Score 660 TransUnion FICO v.9.0 or 600 TransUnion Vantage 3.0
- You could receive your funds in as little as 3 days.
Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions
