Small Personal Loans Online Less Than $5,000
$1,000, $2,000, $3,500

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Please enter a loan amount between $3,000 and $100,000

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Borrow up to $100,000

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PrimeRates provides access to personalized loan offers through our simple and quick pre-qualification application. Once you're pre-qualified, you can select the best offer for you and finalize the loan application with the lender.

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Small Personal Loans

If you need a small-amount personal loan, consider these five lenders. All offer fixed rates with predictable, fixed monthly payments, plus easy online applications.

Personal loans are often utilized for major life expenses, such as home renovations, major surgery or even a wedding. But small personal loans can be useful as well for things like car repairs or vacations.

Credit cards can be used for small expenses, but they may not be ideal if you have a high interest rate, low credit limit or if you aren’t able to qualify for a card.

Additionally, banks and credit unions may not be willing to approve a loan for a small amount.

Online lenders, however, typically offer a wider range of loan amounts, and with more lenient borrowing criteria than traditional financial institutions.

Best Small Personal Loans - $1,000, $2,000, $3,500

Lender APR range Loan terms Minimum loan size
Upgrade 6.94% — 35.97% 36 and 60 months $1,000
Upstart 5.99% – 35.89% 36 to 60 months $1,000
OneMain Financial 18.00% — 35.99% 24, 36, 48 and 60 months $1,500
Best Egg 5.99% — 29.99% 36 and 60 months $2,000
LendingPoint 15.49% — 34.99% 24 to 48 months $2,000
Prosper 7.95% — 35.97% 36 to 60 months $2,000
Avant 9.95% — 35.99% 24 to 60 months $2,000
Marcus 6.99% – 24.99% 36 to 72 months $3,500

Compare Small Personal Loan Rates


  • Loan range: $1,000 — $50,000
  • APR range: 6.94% — 35.97%

Of the five lenders on our list, Upgrade offers the smallest minimum personal loan amount, starting at just $1,000. But you can pick up a loan all the way up to $50,000.

Loan terms are offered at either 36 or 60 months, origination fees range from 2.9% to 8% and there are no early prepayment fees. Borrowers with excellent credit will enjoy low interest rates starting at just 6.94%.

Once you’re approved, Upgrade sends money to your bank account within one day. The online application is easy and straightforward.

Visit Upgrade

OneMain Financial

  • Loan range: $1,500 — $20,000
  • APR range: 18.00% — 35.99%

OneMain Financial has the second lowest minimum loan amount on our list, starting at just $1,500.

However, their interest rates start at a steep 18.00%, which is much higher than the starting interest rates of the other four lenders.

But one of OneMain's benefits over the other four lenders is they have some physical branches across the country. That means you can apply and speak to someone in person.

OneMain also has more loan terms available than some online lenders — it offers 24-, 36-, 48-, and 60-month options.

The origination fee depends on the state you reside in. For example, while the minimum you can borrow is $1,500 for most, the minimum loan amount in California is $3,000, and in Georgia, it’s $3,100.


Best Egg

  • Loan range: $2,000 — $50,000
  • APR range: 5.99% to 29.99%

Best Egg is an online-only lender offering loans starting at a low $2,000, going all the way up to $50,000.

Interest rates start at very low rates for those with excellent credit, at only 5.99% at the lowest end. And origination fees range from 0.99% to 5.99%.

The online application is fast and easy with Best Egg, and you’ll get the money delivered to your bank account within as little as one day following approval.

Best Egg offers 36- and 60-month personal loan options, and there are no prepayment penalties if you’re able to pay off your loan early.

Visit Best Egg


  • Loan range: $2,000 — $25,000
  • APR range: 15.49% to 34.99%

LendingPoint offers loans starting at just $2,000, with a maximum amount of $25,000.

The lender focuses on what they call NearPrime™ customers, or people with credit scores in the 600s. Interest rates range from 15.49% to 34.99% APR. If your credit isn’t as strong as it could be, LendingPoint could be a good bet.

The lender offers personal loan terms of 24 or 48 months. And it has customers commit to bi-weekly payments rather than monthly to help making budgeting easier.

Origination fees range from 0% to 6%. Once you’re approved, money is transferred to you the next day.

Visit LendingPoint


  • Loan range: $5,000 — $100,000
  • APR range: 5.99% to 18.64%

SoFi’s personal loans have the highest minimum loan amount of the five on our list, with loans starting at $5,000 and ranging up to $100,000.

But it has one of the lowest starting APRs around — 5.99%. The APR maxes out at a reasonable 18.64% if you enroll in AutoPay, which is by far the lowest interest rate cap among all five lenders.

Another big perk of SoFi is that unlike most lenders, they don’t charge an origination fee, saving you significant money.

SoFi also offers more terms than most online lenders, with 36-, 48-, 60- and 84-month loan options. It also has no prepayment penalties.

The lender is unique in that it offers unemployment protection, allowing you to pause payments if you lose your job.

Visit SoFi

Ready to get pre-qualified for a personal loan?

Information used in this tool has been gathered from the lenders’ websites and others publicly available sources. While we do our best to ensure our information is up to date and calculations are accurate, all information is presented without warranty. If you find information or calculations you believe to be in error, please contact us. Estimated interest rate, APR, and other terms are not binding in any way. Your actual interest rate and APR will depend on factors like credit score, requested loan amount, loan term, and credit history. Only borrowers with excellent credit will quality for the lowest rate. All loans are subject to credit review and approval by our lender partners. When evaluating offers, please review the lender’s terms and conditions for additional details.

The operator of this website is not a lender, does not broker loans to lenders and does not make personal loans or credit decisions. This website does not constitute an offer or solicitation to lend. This website will submit the information you provide to a lender. Providing your information on this website does not guarantee that you will be approved for a personal loan. The operator of this website is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product.

The offers that appear on this site are from third party advertisers from which PrimeRates receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). PrimeRates strives to provide a wide array of offers, but our offers do not represent all financial services companies or products.

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