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Best Personal Loans in Atlanta Loans

Finimpact has done the research to help you find the best lender options for your needs. We have thoroughly vetted and reviewed each lender to ensure they meet our high standards for quality and transparency. Our loan reviews can be trusted to give you an accurate and unbiased look at each lender's...

Best Personal Loans in Atlanta Loans
Daniel Lewis
Written by:Daniel Lewis
MBA accredited investment professional
Finimpact Affiliate Disclosure

Many or all of the products featured here are from our partners who compensate us. This may affect which companies we write about and where the company appears on a page. However, any analyses, or reviews expressed in this article are those of the author’s alone, and have not been approved or endorsed by any partner.

In Atlanta, the demand for personal loans is on the rise, with many residents turning to loans to cover unexpected expenses or consolidate debt. Our mission is to provide the most comprehensive and up-to-date information on Atlanta loans so that you can make an informed decision. By comparing lenders and loan options, you can save money and find the loan that best fits your needs.

Best Personal Loans for 2023 reviewed by

Top Picks for Personal Loans in Atlanta

Top Personal Loans in Atlanta: Full Overview

Finimpact is here to help you every step of the way, from finding the best lender to answering any questions you may have about the loan process. Trust us to guide you in the right direction and help you get the financial support you need.

LightStream — Best Overall Personal Loan


LightStream is our best personal loan overall because of their high loan amounts and the many repayment terms they offer. This provider advertises some of the lowest rates in the business, and offers an auto-pay interest discount, if you choose that payment option.

Low APRs for good credit
Loan amounts up to $100,000
Check your rate with no impact on your credit
Auto-pay discount available
Not available for borrowers with bad credit
Rates without auto-pay are .50% higher
Minimum loan amount of $5,000

The amount you can borrow with a LightStream personal loan varies based on the loan purpose, yet amounts up to $100,000 are available and loan terms can be up to 20 years. These loans come with no origination fees and no hidden fees, and a generous .50% auto-pay discount is available. Borrowers who qualify can expect interest rates from 3.49% to 19.99% with auto-pay.

To qualify, you need to have good credit that includes several years of credit history, sufficient income and assets to support your existing debt obligations and requested loan amount.

LightStream also has an app where customers can make payments, apply for new loans, track payment due dates, and track loan balances.

The Bottom Line

LightStream loans offer some of the industry’s lowest interest rates and some of its highest personal loan limits. If you have strong credit, this lender is ideal for you.

Avant — Best for Small Personal Loans

Avant — Best for Small Personal Loans

Avant is a solid option for borrowers who need a small personal loan from $2,000 to $35,000. Avant has a mobile app that lets you track your repayment progress and make payments using your mobile device.

Low loan amounts available
Check your rate with no impact on your credit
Mobile app available
Available for fair and poor credit
Administration fee up to 4.75%
Potential for a high APR
Lower borrowing limits than other lenders

To qualify for a personal loan from Avant you’ll need a minimum credit score of 580. Consider these fair to poor credit loans if you need a smaller amount of $2,000 to $35,000, less an administration fee (similar to an origination fee) of 4.75%. Interest rates range from 9.95% to 35.99% based on creditworthiness, and the loans are repayable over 24 to 60 months.

The Bottom Line

Avant personal loans work for borrowers who need less cash than the other personal loan companies offer. Borrowers can get prequalified without a hard inquiry, and can get funds deposited in their bank account the next business day after approval.

Try Avant

SoFi — Best for Loans with No Origination Fee


SoFi offers personal loans, student loans, investing, and banking services. The personal loan personal loan comes with no origination fees and no hidden fees, which is ideal for borrowers who want to get a personal loan at minimal cost. SoFi also generous loan limits for those who qualify, and borrowers can check their rate without any impact to their credit.

Loan amounts up to $100,000 available
Check your rate with no impact on your credit
No origination fees or hidden fees
Unemployment protection offered
Same-day funding available
High minimum loan amount of $5,000
Not available for bad credit
Lowest rates require auto-pay

SoFi offers personal loans in amounts from $5,000 to $100,000, and interest rates range from 5.99% to 21.78% with auto-pay depending on creditworthiness. Borrowers can repay their loans over 24 to 84 months, and there are no origination fees or hidden fees. While SoFi does not disclose their minimum credit score requirements, this company offers loans to individuals with good or excellent credit.

The Bottom Line

SoFi personal loans are perfect for borrowers with good credit who want to avoid origination or other fees. These loans also work well for borrowers who need a high loan amount, as well as those who already use other financial products from this financial services company.

Try SoFi

Upgrade — Best for Emergency Loans

Upgrade — Best for Emergency Loans

Upgrade personal loans are available for up to $50,000, and you can get your loan funded in as little as one day. This makes Upgrade a smart option if you need an emergency loan. You can get prequalified without a hard inquiry to determine your approval odds before making a full application. Then, once you apply, get approved within minutes.

Check your rate with no impact on your credit
Funding in as little as one day
Generous loan amounts available
Choose from flexible repayment terms
Origination fee charged on every loan
Potential for a high APR

Personal loans through Upgrade come in amounts from $1,000 to $50,000, and borrowers can choose repayment terms that last from 24 to 84 months. Interest rates will fall between 5.94% to 35.97% depending on your creditworthiness. Also be aware that each Upgrade personal loan comes with an origination fee of 2.9% to 8%.

The Bottom Line

Upgrade personal loans can be funded as soon as the day after you apply. That makes them ideal for people who need a loan quickly , whether funds are required for a large purchase or an emergency expense.

OneMain Financial — Best for Loans with Bad Credit

OneMain Financial — Best for Loans with Bad Credit

OneMain Financial does not disclose their minimum credit score requirements. But, their loan options, interest rates, and terms make them ideal for borrowers with poor credit who may not get approved for other loans. Loan amounts are lower than some competing lenders offer, but OneMain Financial personal loans can still help you if you need access to cash. This company is also one of the few on our list that offers in-person branches you can visit if you need personalized help.

Available for bad credit borrowers
Visit 1,400 nationwide locations
Check your rate with no impact to your credit
Flexible repayment options
Lower loan amounts than other lenders
Potential for a very high APR
High origination fees likely

Borrowers who apply for a loan with OneMain Financial may get approved for from $1,500 to $20,000. Repayment terms are from 24 months to 60 months, and interest rates may fall between 18% and 35.99% depending on creditworthiness. An origination fee of 1% to 10% may apply, although applicants in some states may be asked to pay a flat fee instead.

The Bottom Line

If you have poor credit but you need a loan, OneMain Financial might be your answer. Interest rates and fees are high, but you could borrow up to $20,000, if you can prove your ability to repay.

Avoiding Scams and Predatory Lenders in Atlanta 

When searching for a loan, it's important to be aware of scams and predatory lenders. These unethical companies often take advantage of borrowers in need, leading to high fees, hidden charges, and even larger debt problems. To avoid scams and predatory lenders in Atlanta, here are 7 practical tips:

  1. Research the lender. Before applying for a loan, research the lender and check for any negative reviews or complaints.
  2. Read the terms and conditions carefully. Make sure you understand all the terms and conditions of the loan before signing anything.
  3. Watch for red flags. Be wary of lenders who ask for upfront fees, guarantee approval, or pressure you to sign quickly.
  4. Compare multiple offers. Shop around and compare offers from multiple lenders to ensure you're getting the best deal.
  5. Check for licensing. Make sure the lender is licensed to operate in Atlanta and in the state of Georgia.
  6. Know your rights. Familiarize yourself with the laws and regulations surrounding loans in Atlanta and in Georgia.
  7. Report any suspicious activity. If you suspect a lender is operating illegally, report them to the relevant authorities.

Checking for Hidden Fees and Charges in Personal Loan Offers

When shopping for a personal loan, it's important to be aware of hidden fees and charges that can significantly increase the cost of borrowing. To avoid being caught off guard, it's essential to know what to look for and how to compare loan offers. 

Read the fine printMake sure to understand all terms and conditions of the loan, including any fees and charges.
Ask about origination feesSome lenders charge a one-time fee for processing the loan.
Check for prepayment penaltiesSome lenders charge a fee if the loan is paid off early.
Look for annual feesSome loans come with annual fees, so make sure to ask about these.
Compare APRsThe APR includes all fees and charges, making it easy to compare loan costs.
Watch for variable interest ratesVariable interest rates can change over time, affecting loan payment.
Check for late payment feesLate payment fees can add up quickly, so understand the lender's policy.

By following these tips, you can avoid hidden fees and charges in personal loan offers and find a loan that meets your needs and budget. Be an informed borrower and always do your research before signing a loan agreement.

About the Author

Daniel Lewis

Daniel Lewis

MBA accredited investment professional

Daniel Lewis is an MBA accredited investment professional who wants to assist small business owners to gain access to finance.

More about me

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