Posted on January 20, 2022

Personal Loan Scoring Methodology

Scoring methodology

To determine the best personal loan prices for 2022, experts at The Ascent evaluated accounts with our scoring model, focusing on industry factors and user benefits, including:

  • Competitive APRs
  • Variety of loan options
  • Little or no cost

The top rated offers have been selected and we believe they are the top choice for most people. Our final winners were determined by voting to ensure objectivity, with one final check of the golden rule: would we recommend them to a family or friend? Particular attention was also paid to:

  • Autopay Discounts
  • Customer service
  • Loan amounts
  • Futures offers

For 2022, we’ve introduced an exciting update, our Editors’ Choice Awards. These awards are our experts’ favorites, tailored to unique consumer needs, allowing us to explore a more diverse range of offerings and user experiences.


* A full list of 2022 winners, from credit cards to mortgage lenders, can be found here.

**You can also find more personal loans to compare by checking out The Ascent’s best personal loans page.