Personal loan tools
How to get a personal loan
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Full disclosure below.
Five steps, start to finish. Most people can get through the first three in one sitting.
- Know your numbers. Check your credit and your debt-to-income ratio.
- Decide the amount. Borrow only what you need.
- Compare offers. Use a marketplace so one application shows several lenders.
- Read the terms. Look at APR, fees and total repayment.
- Accept and get funded. Funding can take a few hours to a few days, depending on the lender.
Questions
How long does the whole process take?
From a few hours to a few days, depending on the lender.
What is the most common mistake?
Accepting the first offer without comparing.
How we make money
Lending Gurus compares options and doesn’t lend. We may earn a referral fee when you apply through our links, but no lender pays for a review or a score, and partner status never changes one. Advertiser disclosure.