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Whether you need to pay for a hospital stay, want to install a new bathroom in your home, or are facing another personal expense, a personal loan could help you quickly get the cash you need.

If you need to take out a $35,000 personal loan, it’s important to carefully consider as many lenders as possible to find the right loan for you.

Here’s what you should know before getting a $35,000 personal loan:

Where to get a $35,000 personal loan

If you need a $35,000 unsecured personal loan, there are a few types of personal loan lenders to choose from:

Online lenders

Online lenders are often the fastest option to get a personal loan — depending on the lender, you might be able to apply for a loan in just a few minutes and get a decision almost immediately.

The time to fund for online personal loans is typically less than five business days, though some lenders will fund loans as soon as the same or next business day if you’re approved.

Here are Credible’s partner lenders that offer $35,000 personal loans:

Lender Fixed rates Loan amounts


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


9.95% – 35.99% APR
$2,000 to $35,000**
  • Fixed APR:

    9.95% – 35.99% APR
  • Variable APR:
    N/A
  • Min. credit score:
    550
  • Loan amount:
    $2,000 to $35,000**
  • Loan terms (years):
    2, 3, 4, 5*
  • Time to fund:
    As soon as the next business day (if approved by 4:30 p.m. CT on a weekday)
  • Fees:
    Origination fee
  • Discounts:
    Autopay
  • Eligibility:
    Available in all states except CO, IA, HI, VT, NV NY, WV
  • Customer service:
    Phone, email
  • Soft credit check:
    Yes
  • Loan servicer:
    Avant
  • Loan Uses:
    Debt consolidation, emergency expense, life event, home improvement, and other purposes
  • Min. Income:
    $1,200 monthly


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


6.79% – 17.99% APR
$5,000 to $35,000
  • Fixed APR:

    6.79% – 17.99% APR
  • Variable APR:
    N/A
  • Min. credit score:
    740
  • Loan amount:
    $5,000 to $35,000
  • Loan terms (years):
    1, 2, 3, 4, 5
  • Time to fund:
    Next business day
  • Fees:
    No prepayment penalty
  • Discounts:
    None
  • Eligibility:
    Available in all 50 states
  • Customer service:
    Phone
  • Soft credit check:
    Yes
  • Min. Income:
    Does not disclose
  • Loan Uses:
    Debt consolidation, home improvement, self-employment, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


4.99% – 35.99% APR
$2,000 to $50,000
  • Fixed APR:

    4.99% – 35.99% APR
  • Variable APR:
    N/A
  • Min. credit score:
    600
  • Loan amount:
    $2,000 to $50,000
  • Loan terms (years):
    2, 3, 4, 5
  • Time to fund:
    As soon as 1 – 3 business days after successful verification
  • Fees:
    Origination fee
  • Discounts:
    None
  • Eligibility:
    Available in all states except DC, IA, VT, and WV
  • Customer service:
    Phone
  • Soft credit check:
    Yes
  • Loan servicer:
    Best Egg and Blue Ridge Bank
  • Min. Income:
    None
  • Loan Uses:
    Credit card refinancing, debt consolidation, home improvement, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


5.99% – 24.99% APR
$2,500 to $35,000
  • Fixed APR:

    5.99% – 24.99% APR
  • Min. credit score:
    660
  • Loan amount:
    $2,500 to $35,000
  • Loan terms (years):
    3, 4, 5, 6, 7
  • Time to fund:
    As soon as the next business day after acceptance
  • Fees:
    Late fee
  • Discounts:
    None
  • Eligibility:
     Available in all 50 states
  • Customer service:
    Phone
  • Soft credit check:
    Yes
  • Loan Uses:
    Auto repair, credit card refinancing, debt consolidation, home remodel or repair, major purchase, medical expenses, taxes, vacation, and wedding


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


7.99% – 29.99% APR
$10,000 to $50,000
  • Fixed APR:

    7.99% – 29.99% APR
  • Min. credit score:
    Does not disclose
  • Loan amount:
    $10,000 to $50,000
  • Loan terms (years):
    2, 3, 4, 5
  • Time to fund:
    As soon as 2 business days
  • Fees:
    Origination fee
  • Discounts:
    No
  • Eligibility:
    Available in all states except CO, CT, HI, KS, NH, NY, ND, OR, VT, WV, WI, and WY
  • Customer service:
    Phone
  • Soft credit check:
    Yes
  • Min. Income:
    None
  • Loan Uses:
    Debt consolidation, home improvement, wedding, travel, medical expenses, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


7.04% – 35.89% APR
$1,000 to $40,000
  • Fixed APR:

    7.04% – 35.89% APR
  • Min. credit score:
    600
  • Loan amount:
    $1,000 to $40,000
  • Loan terms (years):
    3, 5
  • Time to fund:
    Usually takes about 2 days
  • Fees:
    Origination fee
  • Discounts:
    None
  • Eligibility:
    Available in all 50 states
  • Customer service:
    Phone, email
  • Soft credit check:
    Yes
  • Loan servicer:
    LendingClub Bank
  • Min. Income:
    None
  • Loan Uses:
    Debt consolidation, paying off credit cards, home improvement, pool loans, vacations, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


2.49% – 19.99% APR
$5,000 to $100,000
  • Fixed APR:

    2.49% – 19.99% APR
  • Min. credit score:
    660
  • Loan amount:
    $5,000 to $100,000
  • Loan terms (years):
    2, 3, 4, 5, 6, 7*
  • Time to fund:
    As soon as the same business day
  • Fees:
    None
  • Discounts:
    Autopay
  • Eligibility:
    Available in all states except RI and VT
  • Customer service:
    Phone, email
  • Soft credit check:
    No
  • Loan servicer:
    LightStream
  • Min. Income:
    Does not disclose
  • Loan Uses:
    Credit card refinancing, debt consolidation, home improvement, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


6.99% – 19.99% APR1
$3,500 to $40,0002
  • Fixed APR:

    6.99% – 19.99% APR1
  • Min. credit score:
    660

    (TransUnion FICO®️ Score 9)
  • Loan amount:
    $3,500 to $40,0002
  • Loan terms (years):
    3, 4, 5, 6
  • Time to fund:
    Many Marcus customers receive funds in as little as three days
  • Fees:
    None
  • Discounts:
    Autopay
  • Eligibility:
    Available in all 50 states
  • Customer service:
    Phone
  • Soft credit check:
    Yes
  • Loan servicer:
    Goldman Sachs
  • Min. Income:
    $30,000
  • Loan Uses:
    Credit card refinancing, debt consolidation, home improvement, major purchase, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


5.99% – 24.99% APR
$5,000 to $40,000
  • Fixed APR:

    5.99% – 24.99% APR
  • Min. credit score:
    600
  • Loan amount:
    $5,000 to $40,000
  • Loan terms (years):
    2, 3, 4, 5
  • Time to fund:
    As soon as 2 – 5 business days after verification
  • Fees:
    Origination fee
  • Discounts:
    None
  • Eligibility:
    Available in all states except MA, NV, and OH
  • Customer service:
    Phone, email, chat
  • Soft credit check:
    Yes
  • Min. Income:
    None
  • Loan Uses:
    Debt consolidation and credit card consolidation only


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


6.95% – 35.99% APR
$2,000 to $40,000
  • Fixed APR:

    6.95% – 35.99% APR
  • Min. credit score:
    640
  • Loan amount:
    $2,000 to $40,000
  • Loan terms (years):
    3, 5
  • Time to fund:
    As soon as one business day
  • Fees:
    Origination fee
  • Discounts:
    None
  • Eligibility:
    Available in all states except IA, ND, WV
  • Customer service:
    Phone, email
  • Soft credit check:
    Yes
  • Min. Income:
    None
  • Loan Uses:
    Debt consolidation, home improvement, vehicles, small business, new baby expenses, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


5.99% – 18.83% APR
$5,000 to $100,000
  • Fixed APR:

    5.99% – 18.83% APR
  • Min. credit score:
    Does not disclose
  • Loan amount:
    $5,000 to $100,000
  • Loan terms (years):
    2, 3, 4, 5, 6, 7
  • Time to fund:
    3 business days
  • Fees:
    None
  • Discounts:
    Autopay
  • Eligibility:
    Available in all states except MS
  • Customer service:
    Phone, email
  • Soft credit check:
    Yes
  • Min. Income:
    Does not disclose
  • Loan Uses:
    Solely for personal, family, or household uses


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


5.94% – 35.97% APR
$1,000 to $50,000
  • Fixed APR:

    5.94% – 35.97% APR
  • Min. credit score:
    560
  • Loan amount:
    $1,000 to $50,000*
  • Loan terms (years):
    2, 3, 5, 6
  • Time to fund:
    Within a day of clearing necessary verifications
  • Fees:
    Origination fee
  • Discounts:
    Autopay
  • Eligibility:
    Available in all states except West Virginia
  • Customer service:
    Email
  • Soft credit check:
    Yes
  • Min. Income:
    Does not disclose
  • Loan Uses:
    Debt consolidation, credit card refinancing, home improvement, and other purposes


Credible Rating


Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.


4.37% – 35.99% APR4
$1,000 to $50,0005
  • Fixed APR:

    4.37% – 35.99% APR4
  • Min. credit score:
    580
  • Loan amount:
    $1,000 to $50,0005
  • Loan terms (years):
    3 to 5 years4
  • Time to fund:
    As fast as 1 business day6
  • Fees:
    Origination fee
  • Discounts:
    None
  • Eligibility:
    Available in all 50 states
  • Customer service:
    Phone, email
  • Soft credit check:
    Yes
  • Min. Income:
    $12,000
  • Loan Uses:
    Payoff credit cards, consolidate debt, take a course or bootcamp, relocate, make a large purchase, and other purposes
Compare rates from these lenders without affecting your credit score. 100% free!
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All APRs reflect autopay and loyalty discounts where available | LightStream disclosure | Read more about Rates and Terms

Avant

Avant could be a good choice for borrowers who have poor or fair credit. If you’re approved for an Avant loan, you could have your money as soon as the next business day (if approved by 4:30 p.m. CT on a weekday).

Axos Bank

Axos Bank offers personal loans from $5,000 to $35,000 with terms ranging from one to five years. You’ll generally need very good to excellent credit to qualify for a loan with Axos.

Best Egg

Best Egg loans range from $2,000 to $50,000 and could be a good option for debt consolidation or home improvement as well as other loan uses.

Discover

Discover offers a wide variety of products, including personal loans from $2,500 to $25,000. With Discover, you could get a term as long as seven years, which might make it a good choice if you’re looking for a longer repayment period.

FreedomPlus

FreedomPlus loans range from $10,000 to $50,000. Keep in mind that FreedomPlus might offer you a lower interest rate if you use at least 85% of your loan to pay off existing debt, which could make it a good option if you’re looking to consolidate high-interest debt.

LendingClub

LendingClub is one of the few lenders that allows cosigners on personal loans, which might make it easier to get approved for a loan if you have poor or fair credit.

Even if you don’t need a cosigner to qualify with LendingClub, having one could get you a lower interest rate than you’d get on your own.

LightStream

LightStream could be a good choice if you need money fast — if you’re approved, your loan could be funded as soon as the same business day.

Terms on a LightStream loan are typically two to seven years, but you could have as long as 12 years to repay your loan if you’re using it for home improvements.

Marcus

Marcus offers personal loans ranging from $3,500 to $40,0002. Plus, if you make your payments on time for 12 months, Marcus will let you defer one of your monthly payments interest-free.

Payoff

Payoff personal loans are specifically designed for credit card consolidation. If you qualify for a Payoff loan to consolidate high-interest credit card debt, you might see a boost in your credit score — making it easier to get approved for other loans down the road.

Prosper

Prosper operates a peer-to-peer lending platform, meaning you’ll need to wait for investors to commit to funding your loan.

This process typically takes three to five business days on average — though if your loan isn’t funded after 14 days, you’ll need to make a new listing. You can borrow $2,000 to $40,000 with Prosper.

SoFi

SoFi personal loans range from $5,000 to $100,000 with terms from two to seven years. With SoFi, you’ll also have access to perks like unemployment protection and free sessions with a financial advisor.

Upgrade

Upgrade could be a good choice if you’re looking for personal loans for fair credit. You can borrow $1,000 to $50,000 with Upgrade and will have two, three, five, or six years to repay your loan.

Upstart

Upstart personal loans are available for $1,000 to $50,0005. Keep in mind that Upstart will also consider your education and job history in addition to your credit to determine your eligibility, which means you might be able to qualify even if you have little to no credit history.

Learn More: Where to Get a Personal Loan

Banks

There are plenty of banks that offer $35,000 personal loans — though keep in mind that some larger banks, like Bank of America and Chase, do not.

If you already have an existing relationship with a bank, you might even qualify for loyalty rate discounts if you take out a personal loan with them.

Keep in mind: Some large banks don’t offer personal loans — for example, Capital One, Chase, and Bank of America don’t. However, others like Wells Fargo do.

Check Out: Debt Consolidation Loans

Credit unions

Because credit unions are nonprofit organizations, they sometimes provide lower interest rates on loans to their members.

They also might have less stringent borrower requirements to get a personal loan compared to banks.

Here are a few credit unions that offer $35,000 personal loans:

Learn More: Home Improvement Loans

What to consider when comparing $35,000 loans

Before you take out a $35,000 personal loan, here are a few factors to consider:

  1. Interest rates
  2. Fees
  3. Repayment terms
  4. Monthly payment
  5. Total repayment costs

1. Interest rates

The interest rate on a loan is typically the biggest cost of borrowing money. It indicates how much you’ll pay in interest charges. In most cases, the shorter the repayment term you select, the lower the interest rate.

Tip: While there are personal loans available for poor and fair credit, these tend to come with higher interest rates compared to good credit personal loans.

If you’re wondering how to build credit to eventually get these rates, a few things to focus on include:

  • Making on-time payments to improve your payment history
  • Keeping loan balances low, such as on credit cards
  • Avoiding new loans unless you need them

It’s important to think about how much a loan will cost you over time and how your interest rate will affect that. You can estimate how much you’ll pay for a loan using our personal loan calculator below.

Enter your loan information to calculate how much you could pay

Total Payment
$

Total Interest
$

Monthly Payment
$

With a
$
loan, you will pay
$
monthly and a total of
$
in interest over the life of your loan. You will pay a total of
$
over the life of the
loan.


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2. Fees

Depending on the lender, you might also be charged additional fees associated with your loan. For example, some lenders might assess:

  • Origination fees when the loan is created
  • Late fees if you miss payments
  • Prepayment penalties if you pay off the loan early
Tip: These fees could add to the cost of your loan, so make sure you know exactly what the lender charges. The best personal loans generally come with fewer fees.

3. Repayment terms

You’ll typically have one to seven years to repay a personal loan, depending on the lender. The longer the loan term, the more you’ll likely end up paying in interest over the life of your loan.

Tip: It’s usually a good idea to choose the shortest loan term that you can afford. This way, you can save money on interest and pay off your loan more quickly.

Plus, shorter repayment terms often come with lower interest rates compared to long-term loans.

4. Monthly payment

The monthly payment is a good indicator as to whether the loan will fit into your budget.

As you compare loan terms, make sure you can comfortably afford the monthly payment to avoid falling behind on your payments and damaging your credit.

Tip: Choosing a longer repayment term can get you a smaller monthly payment. Just remember that the longer the term, the more you’ll end up paying in interest.

5. Total repayment costs

Finally, be sure to estimate the total repayment cost of the loan. There are several components that affect this, including loan term and interest rate.

Before you sign a loan contract, review the federal Truth in Lending Act (TILA) disclosure provided by your lender.

Pay special attention to these two numbers:
  1. The finance charge: This is the cost of your loan, including interest and fees, assuming you make all your payments on time.
  2. Total payments: This is the sum of all the payments you’ll make to pay off your loan, including the loan principal and finance charges.

Check Out: Home Equity Loans vs. Personal Loans

Cost to repay a $35k loan

The table below illustrates how the loan term, interest rate, and monthly payment affect the total repayment cost of a loan. The interest rates in these examples are hypothetical and are solely for illustration.

Loan term APR Monthly payment Total interest Total paid
2 years 5.00% $1,535 $1,852 $36,851
3 years 6.00% $1,065 $3,332 $38,331
4 years 7.00% $838 $5,230 $40,229
5 years 8.00% $710 $7,580 $42,580
6 years 9.00% $631 $10,424 $45,424
7 years 10.00% $581 $13,807 $48,807

If you’re ready to take out a $35,000 personal loan, remember to compare as many lenders as you can to find the right loan for you. Credible makes this easy — you can compare your prequalified rates from multiple lenders in two minutes.

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About the author

Kat Tretina

Kat Tretina

Kat Tretina is a freelance writer who covers everything from student loans to personal loans to mortgages. Her work has appeared in publications like the Huffington Post, Money Magazine, MarketWatch, Business Insider, and more.

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