Best Personal Loans from Best Egg of August 2022

We have found 7 offers from Best Egg. The APR for Best Egg personal loans starts from 5.99% while the amount you can get varies from $2,000 to $50,000. You can apply for a Best Egg personal loan of up to 60 months. See all the terms to decide if Best Egg is the right lending platform for you.

Best Egg
By Hanna Volkava
Updated August 15, 2022

See all Best Egg personal loans in August 2022

Showing 7 loans
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Best Egg’s personal loans are ideal for consolidating debt or funding major expenses. Borrowers cannot use loans toward securities or postsecondary educational expenses.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Debt Consolidation Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

A debt consolidation loan is an unsecured personal loan that can help you consolidate different types of debt.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Refinance Credit Card
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Credit card refinancing allows you to combine multiple credit card balances into one easy payment.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Home Improvement Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Home Improvement Loans can be used for a variety of renovations, home-related expenses, and repairs.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Moving Expenses (Relocation)
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg Moving Loans is a simple choice for anyone who is faced with an unexpected need to move.

Best Egg Moving Loans offer interest rates that range from 5.99% to 35.99% with loan amounts from $2,000 to $35,000 so you can easily find a loan that suits your needs.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Major Purchase
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg Moving Loans is a simple choice for anyone who is faced with an unexpected need to move.

Best Egg personal loans range from $2,000 to $35,000 with Annual Percentage Rates (APRs) ranging from 5.99% to 35.99%.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
APR
5.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 5.99%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Travel
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg Moving Loans is a simple choice for anyone who is faced with an unexpected need to move.

Best Egg personal loans range from $2,000 to $35,000 with Annual Percentage Rates (APRs) ranging from 5.99% to 35.99%.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 5.99%. Origination fees on a loan term four years or longer will be a minimum of 4.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On Best Egg‘s site
Check rates
On Best Egg‘s site

Check Best Egg personal loan rates

scorer
APR Range
5.99 - 35.99%
scorer
Loans
up to $50,000
scorer
Terms
up to 60 months
scorer
Score required:
Good (670-739)
scorer
Loan purposes:
Personal Loan, Debt Consolidation Loan, Refinance Credit Card, Home Improvement Loan, Moving Expenses (Relocation), Major Purchase, Travel

Information about lender

  • Organisation:
    Marlette Funding, LLC
  • Website:
  • Headquarters:
    1523 Concord Pike Suite 201 Wilmington, DE, 19803

Check loans from other lenders

SoFi
SoFi
Personal Loan
5 out of 5
Recommended credit score
bank name
Good (670-739)
  • 6.74 - 21.98 %
    APR
  • 2 - 7 years
    Loan Term
  • $5,000 - $100,000
    Loan Amount
Check rates
On SoFi‘s site
LightStream
LightStream
Personal Loan
5 out of 5
Recommended credit score
bank name
Fair (580-669)
  • 5.23 - 19.49 %
    APR
  • 2 - 6 years
    Loan Term
  • $5,000 - $100,000
    Loan Amount
Check rates
On LightStream‘s site
Avant
Avant
Personal Loan
3.28 out of 5
Recommended credit score
bank name
Poor (300-579)
  • 9.95 - 35.99 %
    APR
  • 2 - 5 years
    Loan Term
  • $2,000 - $35,000
    Loan Amount
Check rates
On Avant‘s site

Best Egg Review

Need a personal loan to finance your next major life event or purchase? We review Best Egg’s loan services to see if this lending platform is right for you.

These days, there are tons of online lending platforms to help people manage their everyday finances. These companies provide personal loans, tools, and resources to help their clients in different situations. So whether you’re making home improvements or getting out of credit card debt, there are personal loans to help you.

In 2014, Best Egg was established in Wilmington, Delaware, by Jeffrey Meiler as a licensed lending company. The company has a reputation for lending money quickly and caters to customers with excellent credit scores.

As of 2021, Best Egg has funded over 788 thousand loans and lent over $14 billion to its US customers. They have a 95% customer satisfaction rating, and the Better Business Bureau has rated them A+.

Best Egg Loan Types

If you’re looking to take out a personal loan, you might want to consider Best Egg, as they have a wide variety of them. You can borrow any amount from $2,000 - $50,000.

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Repayment terms can be either 3 - 5 years and come with a fixed APR of 5.99 - 35.99%, depending on your credit score. You can also check your funding options without impacting your credit score, as Best Egg only does a soft pull on your credit to give you an estimate of your monthly payment and APR.

Another benefit is that you can easily apply and get approved for a loan online, but it is a good idea to understand their full range of offers to decide which is suitable for you.

Here are the types of personal loans that Best Egg provides:

Debt Consolidation

Combining multiple debts into one is called debt consolidation. With debt consolidation, you can pay off medical bills, credit card bills, and other unsecured obligations to get a lower interest rate. This alternative is a good idea, especially if you’re currently paying a high rate or have repayment terms that are liable to change in the future.

Best Egg’s debt consolidation loans allow you to avoid having individual terms with separate interest rates.

Credit Card Refinancing

Credit card refinancing is another type of debt consolidation offered by Best Egg. Use this to minimize your expenses by combining multiple credit card balances into one easy payment.

Alternatively, if you have a single credit card with high-interest rate payments, you can refinance the debt through Best Egg and enjoy lower rates while you repay the balance.

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If you want to know exactly what your monthly payment and APR will be, you can use their personal loan calculator to find out.

Home Improvement

Looking to remodel your old bathroom? Best Egg allows you to apply for a personal loan to fund any home-related repairs, renovations, or improvements. Even if you’re going to be doing the renovation work yourself, Best Egg can help finance your project.

Moving Loans

Also known as Relocation Loans, this loan type is designed specifically for people who need to move to a new house. The costs associated with moving are high and can seriously impact your finances. This loan type can help you get through it by helping cover costs, like:

  • Hiring a moving company
  • Moving van rentals
  • Temporary accommodation

Other Major Purchases

This is a loan that offers a solution if you need emergency funds immediately. Apply for this loan in the instance of events that involve high, unexpected expenses, such as hospitalization, surgery, or car repairs.

Plus, you can pay down your balance early to help minimize interest fees.

Vacation Loans

Best Egg also offers a personal loan to fund your vacation expenses. Instead of saving for months, you can take out a loan to go on a vacation whenever you want.

Like the other Best Egg personal loans, their vacation loans feature a simple application process and quick funding.

Special Occasion

This loan type is best for personal events, such as family reunions, weddings, and birthday parties. This personal loan can help you finance these special occasions without the added stress of compounding interest payments.

Baby & Adoption

If you're looking to start a family, you probably already know that the expenses can really add up. That’s why Best Egg offers financial aid for adopting and covering the costs of having and raising a newborn - because diapers, bottles, and baby clothes aren’t cheap!

Loan specifications

You can apply for the following types of loans:debt consolidation, credit card refinancing, home improvement, moving loans, other major purchases, vacation loans, special occasion, baby & adoption.

APR5.99 - 35.99%
Amount$2,000 - $50,000
Term3 - 5 years
Origination fee0.99 - 5.99%

As you can see from the table the maximum loan amount is $50,000, and the APR starts at 5.99% for the best graded borrowers. The loan period varies from 3 to 5 years.

Best Egg Loan: Pros and Cons

Pros: Cons:
Prequalification: One of Best Egg’s financial services is to provide assessment for borrowers so they know which options they qualify for. They do this without a hard pull, so it won’t impact your credit to find out your eligibility. Highly Selective: Best Egg screen borrowers for commendable credit scores and strong cash flow. Loan requirements for applicants to receive the best rates are quite stringent: you ideally need to have a 700 FICO score and an annual income of $100,000 to qualify for Best Egg’s lowest APR rate.
Quick Application & Turnaround Time: Best Egg processes applications fast. Once an applicant is approved, you can claim the funds shortly after. The whole process from application to funding takes only 1 to 3 business days, on average, and can be done entirely online. No Discount on Autopay: Even if you set up Autopay for your loan, you don’t get a discount on your repayment rates.
Multiple Loans: As long as the borrower qualifies and has a good track record regarding the repayment of their original loan, they can be funded for up to two loans at a time. Origination Fee: This is a one-time deduction that ranges from 0.99 - 5.99% of your loan amount. Deductions are taken directly from the loan funds. Not all lenders have an origination fee, so this is something to consider when comparing Best Egg personal loans to other options.
No prepayment fee: Best Egg doesn't charge a prepayment fee. They even encourage customers to clear their debts early and minimize interest accumulation. No joint applications: Applications for loans are for individuals only.

Applying for a Best Egg Loan

Best Egg has a few general loan requirements applicants need to meet. According to the website, these are the requirements for potential applicants:

  • Verifiable identity and address
  • A minimum credit score of 640
  • A debt-to-income ratio under 36%

The application takes only a few minutes. The applicant will fill out a short form online to provide their information, such as full name, date of birth, and proof of income. As part of the assessment of your credit score, applicants must also consent to credit profile authorization. Once Best Egg performs a soft credit pull, the applicant will be given options of loan terms they are pre-qualified for.

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The pre-qualification gives the applicant an idea of how much they must pay for a particular loan. If the application hasn’t already been approved, they may have to answer more questions and authorize a hard credit pull if they wish to pursue a loan. Once approved, the applicant provides verifiable bank details and possibly supporting documents to verify the information provided.

Once your application has gone through the approval process, you can expect to receive the loan funds within one to three days.

Conclusion

Best Egg provides several types of personal loans and is ideal for those who urgently need financing and have good credit scores. Their application process is quick, and borrowers can receive the fund in just one to three business days.

Apart from the quick service, borrowers can also have multiple loans simultaneously, as long as they qualify. And, if in the event a borrower wants to pay off their debt early, Best Egg doesn’t charge prepayment fees.

However, screening for applicants is highly selective, and only individual applicants are allowed. Best Egg also has an origination fee, and their loan rates are fixed, regardless of the amount you borrow. This means you won’t experience a sudden increase in your repayment rate. With that being said, the company is also known for its exceptional customer service, so it’s a reliable option for those with the appropriate credit history to qualify.

FAQ

Is Best Egg a legit lending company?

Yes, Best Egg is legit. They’re a trustworthy lending platform that is recognized by the Better Business Bureau.

What is the Best Egg customer service phone number?

For personal loans, complaints, and other questions, you can speak to an agent by dialing: 1-855-282-6353.

Does Best Egg verify income?

Yes. As part of the application process, applicants must provide proof of income.

Does Best Egg offer flexible payment terms?

Best Egg provides different options for their payment terms. Borrowers may select either 3 - 5 years repayment terms. Borrowers are also allowed to change their payment due date twice during the term of the loan.

Is Best Egg available in all states?

Best Egg is not available in Iowa, West Virginia, Vermont, and the District of Columbia.
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