Best Personal Loans in New York

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Contributor, Benzinga
June 2, 2022

Quick Look: The Best Personal Loans in New York

If you need to cover a large expense but don’t quite have enough money, a personal loan may be your solution. A personal loan is a one-time cash infusion that you pay off over time with an installment payment plan. Find a suitable lender using Benzinga’s list of the best personal loans in New York.

Best Personal Loans in New York

Online lenders and loan comparison services make it easy to apply for a loan from the comfort of your couch. 


Connect to lenders using Credible’s free loan comparison service. Credible has a fluid, easy-to-use platform. By answering a few questions, you can prequalify for loans without hurting your credit score. This takes less than 2 minutes.

Credible will link you with lenders offering several types of credit and loans: credit cards, mortgages, private student loans, personal loans and refinancing options. 

Loans range from $600 to $100,000. Terms and rates depend on individual lenders and your creditworthiness. You can use most personal loans from Credible whatever you choose though some lenders do offer targeted use loans.  

Streamline your loan search using Credible. Choose whichever loan works for you. Credible is so certain it can get you the best possible deal they’re willing to bet on it. If you find a better rate elsewhere, you’ll get $200.

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    Credible Operations, Inc. NMLS# 1681276

    Credible. Not available in all states.

    320 Blackwell Street Suite200 Durham, NC 27701

    Credible Operations, Inc. NMLS# 1681276, “Credible.” Not available in all states. 

    All bonus payments are by gift card. See terms

    Prequalified rates are based on the information you provide and a soft credit inquiry. Receiving prequalified rates does not guarantee that the Lender will extend you an offer of credit. You are not yet approved for a loan or a specific rate. All credit decisions, including loan approval, if any, are determined by Lenders, in their sole discretion. Rates and terms are subject to change without notice. Rates from Lenders may differ from prequalified rates due to factors which may include, but are not limited to: (i) changes in your personal credit circumstances; (ii) additional information in your hard credit pull and/or additional information you provide (or are unable to provide) to the Lender during the underwriting process; and/or (iii) changes in APRs (e.g., an increase in the rate index between the time of prequalification and the time of application or loan closing. (Or, if the loan option is a variable rate loan, then the interest rate index used to set the APR is subject to increases or decreases at any time). Lenders reserve the right to change or withdraw the prequalified rates at any time.

    Won’t impact your credit score DISCLOSURE: (May be in the footer, a tooltip, or a popup the user has to click on or scroll to see)

    Requesting prequalified rates on Credible is free and doesn’t affect your credit score. However, applying for or closing a loan will involve a hard credit pull that impacts your credit score and closing a loan will result in costs to you.

    “We accept advertising compensation from companies that appear on this site, which impacts the location and order in which brands (and/or their products) are presented, and also impacts the score that is assigned to it. Company lists on this page DO NOT imply endorsement. We do not feature all providers on the market.

    We receive compensation from the companies below if you click on a link or purchase a product. Amount of compensation may impact the ranking or placement of a particular product. Not all available financial products and offers from all financial institutions have been reviewed by this website. This content is not provided by Credible or any of the Providers on the Credible website. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Credible.


SoFi is a digital lending platform. SoFi offers home loans, private student loans and personal loans. You can also apply for mortgage and student loan refinancing.

SoFi’s personal loan is great for debt refinancing and covering home improvement costs. Borrow anywhere between $5,000 to $100,000. This loan has low, fixed rates and terms ranging from 2 to 5 years.

There are no fees associated with a personal loan from SoFi, like origination fees or prepayment fees.

Prequalify without checking your score and then finish your application online in an easy, 3-part process. Checking your rates doesn’t show up on your credit report. 

  • securely through SoFi Personal Loans's website
    securely through SoFi Personal Loans's website
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    The following payment example depicts the APR, monthly payment and total payments made during the life of a personal loan with a single disbursement. All loan rates below are shown with the autopay discount (0.25%) and direct deposit discount (0.25%). The monthly payment for a $30,000 loan with a 60-month term and a fixed annual percentage rate (APR) between 12.95% – 25.03% would be $681.82 – $881.07 in monthly payments, with total payments between $40,909.47  – $52,864.05. Your actual interest rate may be different than the loan interest rates in these examples and will be based on term of loan, your financial history, and other factors, including your cosigner’s (if any) financial history. Lowest rates reserved for the most creditworthy borrowers. See for details.

    Fixed rates from 8.99% APR to 25.81% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 05/19/23 and are subject to change without notice. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

    Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0%-6%, which will be deducted from any loan proceeds you receive.

    Autopay: The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Autopay is not required to receive a loan from SoFi.

    Direct Deposit Discount: To be eligible to potentially receive an additional (0.25%) interest rate reduction for setting up direct deposit with a SoFi Checking and Savings account offered by SoFi Bank, N.A. or eligible cash management account offered by SoFi Securities, LLC (“Direct Deposit Account”), you must have an open Direct Deposit Account within 30 days of the funding of your Loan. Once eligible, you will receive this discount during periods in which you have enabled payroll direct deposits of at least $1,000/month to a Direct Deposit Account in accordance with SoFi’s reasonable procedures and requirements to be determined at SoFi’s sole discretion. This discount will be lost during periods in which SoFi determines you have turned off direct deposits to your Direct Deposit Account. You are not required to enroll in direct deposits to receive a Loan.


Integra Credit makes it easy for anyone to get a loan, even if you don’t have the best credit. You can apply online, read about how to better manage your finances, get a quick decision, sign your documents online and get funded in short order.

Your money is sent directly to your bank account, and you can also enjoy a few other features:

  • Flexible payment options
  • Flexible loan amounts and terms
  • Lines of credit are also available

Your rates and terms may vary depending on your credit situation, but this is a welcoming platform that can help veterans access cash and make the most of their financial futures.


OppLoans by OppFi offers online loans with quick applications, fast decisions and faster funding. You can choose from a range of small loan amounts, get personalized service and manage your loan online with no issue. 

There are also loans for those with bad credit and some that involve no credit check at all. As a New Yorker, your finances may be difficult to manage due to the high cost of living, and you deserve some peace of mind. The platform also offers:

  • Quite a bit of information related to financial education
  • No origination or prepayment fees
  • Fixed rates
  • No hidden fees

If you want to apply, you can visit the website right away, or you can contact the firm for assistance if you’re not yet ready to apply.

  • securely through OppLoans's website
    securely through OppLoans's website
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With Rise, you can borrow $500 to $5000, enjoy a risk-free guarantee and borrow on your terms. You can also take advantage of credit tracking that will help you improve your financial picture. This can be especially helpful for veterans because it is hard to manage your money when you’re moving frequently, deployed, etc. 

The process is simple because you can:

  • Apply online
  • Choose your terms and amount
  • Sign and get your money

Personal Loan Considerations

A personal loan is best if you need a lump sum deposit to fund a larger expense or refinance your debt at a lower interest rate. Look for personal loans with low rates, flexible terms and minimal fees. Make sure to only accept a loan with terms that you know you can meet. Be cautious of predatory lenders or bad loans, especially online. 

Personal Loans vs. Credit Cards

Choose a personal loan if you have a specific expense or goal that requires 1 lump sum payment. A credit card is better for small, everyday purchases. Personal loans often have rigid terms and low, fixed interest rates while credit cards are revolving lines of credit and have variable rates that can be quite high.

Find a Personal Loan Today

No matter what you need it for, a personal loan is a financially sound way to get extra money when you need it. Low rates and flexible terms often make them a more appealing alternative to credit cards. Get in touch with one of our vetted lenders to apply today.

Frequently Asked Questions


Are personal loans easy to get?


Personal loans can be easy to get if you have fair or excellent credit. If not, there are platforms that can help you obtain a loan.


Are personal loans helpful for debt consolidation?


Debt consolidation is easier when you use personal loans to pay off debts and save money by reducing your interest rates.