• Typically need great to excellent credit to qualify.
  • Often have higher interest rates.
  • May be more flexible if you’re an existing customer.
Credit Unions
  • Must be a member of the credit union to apply for a loan.
  • Flexibility with credit score and other requirements.
  • Interest rates can vary.
Online Lenders
  • Most flexible credit score, history, and income requirements.
  • Lowest interest rates for borrowers with excellent credit.
  • Fast application, approval, and funding.
  • Can get prequalified.