This guide covers the top 10 providers for quick loans without collateral, making it easier to find a fast, unsecured loan tailored to your needs. When you need quick funding without the requirement of collateral, finding reliable, accessible loan options is crucial. Our Top 10 Providers Offering Quick Loans Without Collateral page provides an in-depth look at lenders who offer unsecured loans with rapid approval and flexible terms. This guide covers various loan options, from personal loans and lines of credit to peer-to-peer lending and payday loans, tailored to fit different financial needs. With detailed information on loan types, interest rates, approval times, and special features, this page helps you find the best quick, collateral-free loan tailored to your needs.
Each provider on this list is vetted for ease of access, competitive interest rates, and customer support, helping you make informed decisions based on eligibility requirements, loan limits, and approval speeds. Whether you’re a self-employed individual, have a limited credit history, or simply want to avoid tying your assets to a loan, these options give you quick access to funds without the burden of collateral. Our guide aims to simplify your search and connect you with the best options for fast, hassle-free financing.
Each of these providers offers accessible quick loans without collateral, ideal for emergencies, personal needs, or business expenses.
- SoFi
- Loan Type: Personal Loan
- Approval Time: Same-day to 1 day
- Loan Amounts: $5,000 – $50,000
- Interest Rates: Starting at 5.99% APR
- Details: SoFi offers personal loans with no fees, fixed rates, and flexible terms. The application includes a soft credit pull, so prequalification doesn’t affect your credit score. SoFi also provides unemployment protection, allowing borrowers to pause payments temporarily if they lose their job.
- LendingClub
- Loan Type: Peer-to-Peer (P2P) Loan
- Approval Time: 1-5 days
- Loan Amounts: $1,000 – $40,000
- Interest Rates: Typically 7.04% – 35.89%
- Details: LendingClub connects borrowers with investors, making it a popular choice for fair to excellent credit profiles. Loan terms range up to 5 years, with reporting to all three credit bureaus, which can help borrowers build credit.
- MoneyMutual
- Loan Type: Payday Loan
- Approval Time: Same day, often within minutes
- Loan Amounts: $100 – $1,000
- Interest Rates: Varies by lender, typically high
- Details: MoneyMutual’s network of payday lenders provides quick cash solutions for emergencies without requiring a credit check, though interest rates are high, so these loans are best for short-term use.
- Kabbage
- Loan Type: Line of Credit
- Approval Time: Same day
- Loan Amounts: Up to $100,000
- Interest Rates: Typically 2% to 9% per month
- Details: Kabbage offers a flexible line of credit for small businesses and self-employed individuals, allowing funds to be drawn as needed. You only pay interest on the amount borrowed, making it a flexible option for fluctuating cash flow.
- Prosper
- Loan Type: Peer-to-Peer (P2P) Loan
- Approval Time: 3-5 days
- Loan Amounts: $2,000 – $40,000
- Interest Rates: Typically 6.95% – 35.99%
- Details: Prosper allows for joint loan applications, which can improve approval odds. Loan terms range from 3 to 5 years, and the minimum credit score required is 640.
- Avant
- Loan Type: Personal Loan
- Approval Time: Next-day
- Loan Amounts: $2,000 – $35,000
- Interest Rates: 9.95% – 35.99%
- Details: Avant specializes in loans for borrowers with fair to good credit. They offer flexible terms and the option to prequalify with a soft credit pull. Avant is known for a straightforward application process and rapid disbursement.
- Upgrade
- Loan Type: Personal Loan
- Approval Time: Within 1 day
- Loan Amounts: $1,000 – $50,000
- Interest Rates: Starting at 6.94%
- Details: Upgrade provides personal loans and lines of credit with no prepayment fees and a flexible repayment structure. Borrowers can check rates with a soft credit pull and access funds quickly, making Upgrade suitable for personal expenses or debt consolidation.
- Marcus by Goldman Sachs
- Loan Type: Personal Loan
- Approval Time: 1-4 days
- Loan Amounts: $3,500 – $40,000
- Interest Rates: Starting at 6.99%
- Details: Marcus offers no-fee personal loans with flexible terms and fixed interest rates. Their loans are known for transparent pricing, and borrowers can customize their payment schedule. Marcus also allows borrowers to defer one payment after making 12 consecutive payments on time.
- LightStream
- Loan Type: Personal Loan
- Approval Time: Same-day funding possible
- Loan Amounts: $5,000 – $100,000
- Interest Rates: Starting at 5.95%
- Details: LightStream, a division of SunTrust Bank, provides high-limit personal loans with no fees. They’re ideal for borrowers with excellent credit, offering some of the lowest rates in the industry. LightStream also has a rate-beat program to match competitor rates.
- Upstart
- Loan Type: Personal Loan
- Approval Time: Same-day or next-day funding
- Loan Amounts: $1,000 – $50,000
- Interest Rates: Typically 5.22% – 35.99%
- Details: Upstart uses an AI-driven model to evaluate factors beyond credit score, such as education and work history, making it accessible for borrowers with thin credit files. Upstart’s fast approval process makes it a convenient option for quick, unsecured funds.