Low Interest Personal Loans

The best low interest debt consolidation loans are from LightStream. The company has APRs starting at 5.99% (the lowest rate on the market right now), loan amounts from $5,000 - $100,000, loan terms from 24 - 84 months and an origination fee of $0. 

Best Low Interest Debt Consolidation Loans

In addition to low interest debt consolidation loans from major companies, other low APR options are also available for debt consolidation. For example, the best balance transfer credit cards offer a 0% APR introductory period that lasts for well over a year. You may be able to get a no-interest loan from friends or family members, too.

But if you're set on getting a personal loan to consolidate debt, check out the free pre-qualification tool on WalletHub. This tool allows you to see your approval odds and your potential interest rates with multiple companies.

The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.83% and 60 monthly payments of $26.36 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,817 including a $594 origination fee. APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

The best low interest installment loans are from LightStream because the company offers a minimum APR of 5.99%. LightStream also has loan amounts of $5,000 - $100,000, repayment periods of 24 - 84 months and no origination fee. Just keep in mind that to qualify for the lowest APR, you will need excellent credit.

Best Low Interest Installment Loans

*According to multiple third-party sources.

To read more about the top-ranked offers, check out WalletHub's picks for the best low interest personal loans. Then, estimate your rates from multiple companies with our free pre-qualification tool.

Finally, it's smart to consider other borrowing options when researching low interest installment loans. For example, you might be able to qualify for a 0% APR credit card.

The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.83% and 60 monthly payments of $26.36 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,817 including a $594 origination fee. APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

No major lenders offer interest-free medical loans, unfortunately. Some healthcare providers offer payment plans for different procedures with low interest rates or no interest at all, but the interest on these plans may be deferred in some cases. This means that if you don't fully pay off the loan balance by the end of the interest-free period, you will have to pay all the interest you would have accrued since the plan was opened.

It's best to consider alternatives to medical loans if you can't find a low enough APR. Using a credit card with a 0% APR introductory period to finance your medical expenses may be a good option for you. Or, you may be able to find a friend or family member who is willing to loan you the money. Medicare and Medicaid may also help cover medical expenses, but you need to qualify for these programs to be able to use them.

If you're interested in a medical loan, check out WalletHub's picks for the best medical loans. Then, you can estimate your rates with the free pre-qualification tool on WalletHub.

The best small, low interest personal loans are from PenFed Credit Union because they offer loans as small as $500 with APRs as low as 5.99%. PenFed also has repayment periods of 12 - 60 months, a credit score requirement around 600, and membership that's open to everyone.

Best Small, Low Interest Personal Loans

To read more about the top-ranked offers, check out WalletHub's picks for the best small personal loans and the best low interest personal loans. Then, you can estimate your rates with the free pre-qualification tool on WalletHub.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.83% and 60 monthly payments of $26.36 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,817 including a $594 origination fee. APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

The best quick loans with low interest are from LightStream because the company offers funding as soon as the same day you apply and has interest rates as low as 5.99%. LightStream also offers loan amounts of $5,000 - $100,000 and repayment periods of 24 - 84 months.

Best Quick Loans with Low Interest

Some lenders that offer quick loans, especially to people with below-average credit, have low minimum APRs but fairly high maximum rates. You can get a better sense of what rate you might receive by using the free pre-qualification tool on WalletHub.

Alternatively, you may be able to get a credit card with a 0% APR introductory period in a matter of days. After the intro period ends, though, any remaining balance will be subject to the card's regular APR. 

Friends or family members are another option, and they may offer more flexible terms than a major lender.