Loans for Fair Credit
650–699Moderate rates available. More options than you might think.
Fair Credit Loan Overview
Fair credit (650–699) means you'll pay higher rates than prime borrowers, but you still have solid options. Many online lenders and credit unions serve this range. You may face lower loan limits and shorter terms, but a personal loan can still be significantly cheaper than credit cards or payday alternatives.
Score Range
650–699
Typical APR
15.99% – 24.99%
Approval Odds
Moderate to High
Tips for Fair Credit Borrowers
Focus on lenders that specialize in fair credit borrowers
A smaller loan amount may get you a better rate
Consider a co-signer to improve your approval odds and rate
Check credit unions — they often have more flexible criteria
Best Lenders for Fair Credit
Avant, Upgrade, Universal Credit, and LendingClub are strong options for fair credit. Credit unions are also worth checking — they often have more flexible underwriting.
Upgrade
4.3 / 5.0
Upgrade serves a wide credit range with flexible options, including secured and joint loan options for lower-credit borrowers.
APR
9.99% – 35.99%
Amount
$1,000 – $50,000
Min. Score
580
Best Egg
4.4 / 5.0
Best Egg is known for fast funding and competitive rates for good-credit borrowers, with a straightforward application process.
APR
8.99% – 35.99%
Amount
$2,000 – $50,000
Min. Score
640
Avant
4.1 / 5.0
Avant specializes in personal loans for borrowers with average credit, offering a streamlined process and reasonable rates for the 580–700 range.
APR
9.95% – 35.99%
Amount
$2,000 – $35,000
Min. Score
580
Marcus by Goldman Sachs
4.5 / 5.0
Goldman Sachs' consumer lending brand offers no-fee personal loans with competitive rates and a unique on-time payment reward.
APR
8.99% – 25.99%
Amount
$3,500 – $40,000
Min. Score
660
Discover
4.5 / 5.0
Discover Personal Loans offer no origination fees, flexible terms, and the backing of a major financial institution.
APR
7.99% – 24.99%
Amount
$2,500 – $40,000
Min. Score
660
LendingClub
4.2 / 5.0
LendingClub pioneered peer-to-peer lending and now offers personal loans through their bank with joint application options.
APR
9.57% – 35.99%
Amount
$1,000 – $40,000
Min. Score
600
Upstart
4.3 / 5.0
Upstart uses AI and alternative data to underwrite loans, making them ideal for young borrowers and those with limited credit history.
APR
7.80% – 35.99%
Amount
$1,000 – $50,000
Min. Score
300
OneMain Financial
3.9 / 5.0
OneMain Financial offers personal loans with in-person service at 1,400+ branches, specializing in fair and poor credit borrowers.
APR
18.00% – 35.99%
Amount
$1,500 – $20,000
Min. Score
No minimum published
Fair Credit Loan FAQs
Yes. Many online lenders have minimum credit score requirements of 600–660. Your income and debt-to-income ratio also matter significantly.
How much do you need?
Check rates from 200+ lenders — no credit impact.