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Advertiser Disclosure

Best Egg: Personal Loan Review

The basics

Estimated APR

8.99% - 35.99%

Min. Credit Score


Max. DTI Debt to Income Ratio


Origination Fees

0.99% - 8.99%

Late Penalties


Prepayment Fees


Good for: Getting funds quickly

Our verdict

Best Egg offers a quick turnaround; funding may be available as soon as the next business day. While there's no prepayment penalty, there are origination and late fees. Plus, you'll need a six-figure income to get the lowest interest rate, and Best Egg personal loans don't allow cosigners or co-borrowers.

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on Credello

Beyond the basics

Fast funding
Quick application process

No prepayment penalty

Fixed payments

Loan Amounts

$2,000 to $50,000

Loan Terms

36-60 months

Time to Funding

1 business day

Full review

Lender description Best Egg personal loans are designed to give borrowers an easy, hassle-free borrowing method to access money when they need it. Borrowers can access funds by the next business day, will have a fixed APR for the life of the loan, and won't face prepayment fees.

Best used for

  • Debt consolidation
  • Credit card refinancing
  • Home improvement
  • Moving expenses
  • Large purchases
  • Vacation
  • Special occasions
  • Baby and adoption

Suitable for you if

  • You have a high annual income
  • You are an individual loan applicant
  • You are looking for funding by the next business day
  • You are looking for more than one loan at a time

Pros & cons

Quick approval and funding within one business dayDoesn't allow cosigners or co-borrowers
No prepayment fees for paying off your loan early Charges origination and late fees
Option to change payment date High income required for best interest rates

Do you qualify This is what Best Egg looks for in qualified borrowers:| Credit history: Two years| Credit score: Minimum of 600 (FICO version 9)| Debt-to-income ratio: 40%-65% (including mortgage payments.)| Income: Minimum of $3500. Lender will accept income from employment, alimony, retirement, child support, and Social Security.| Must be a U.S. citizen

How to apply Apply online. You'll need to verify basic information like your identity, address, and income.

Footprint Best Egg is available in all states except Iowa, Vermont, West Virginia and District of Columbia.

Loan example A five-year, $10,000 loan with 9.99% APR has 60 scheduled monthly payments of $201.81, and a three-year $5,000 loan with 7.99% APR has 36 scheduled monthly payments of $155.12.