Best Unsecured Personal Loan Lenders - Top 5 Options for 2021

---

When you need cash fast and don't have anything to put up as collateral, an unsecured personal loan can be a great option. Unlike secured loans, unsecured loans don't require you to put up any assets, such as your home or car, as security for the loan.

However, because unsecured loans are riskier for lenders, they often come with higher interest rates and stricter eligibility requirements. That's why it's important to shop around and compare different loan options before you apply.

Here are our top 5 picks for the best unsecured personal loan lenders in 2021:

1. SoFi - SoFi offers unsecured personal loans with APRs starting at 6.99%, and loan amounts up to $100,000. They also waive their origination fees if you sign up for autopay.

2. LendingClub - LendingClub is a peer-to-peer lending platform that offers unsecured personal loans with APRs starting at 8.05%. The maximum loan amount is $40,000, and they charge origination fees that range from 2% to 6% of the loan amount.

3. Marcus by Goldman Sachs - Marcus offers unsecured personal loans with APRs starting at 6.99%, and loan amounts up to $40,000. They also allow you to defer one payment per year without penalty.

4. LightStream - LightStream offers unsecured personal loans with APRs starting at 2.49%, and loan amounts up to $100,000. They also offer a rate beat program, where they'll beat any competitor's interest rate by 0.1%.

5. Best Egg - Best Egg offers unsecured personal loans with APRs starting at 5.99%, and loan amounts up to $50,000. They also offer a quick online application process and same-day funding in some cases.

Remember, choosing the right lender is only the first step in getting an unsecured personal loan. You'll also need to make sure you're eligible, understand the terms and fees, and have a plan for paying back the loan on time.

If you're not sure where to start, consider using a loan comparison site like NerdWallet or Bankrate to compare different loan options and find the best deal for you.

With the right lender and a solid plan, an unsecured personal loan can be a great way to get the cash you need, without putting your assets at risk.