| Lender | User ratings | Best for... | APR range | Loan amounts | Loan terms | |
|---|---|---|---|---|---|---|
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User Ratings & Reviews
Ratings and reviews are from real consumers who have used the lending partner’s services. | Debt consolidation loans with a cosigner | 9.57% - 35.99% | $1,000 - $40,000 | 24 to 60 months | See Offers |
 | Large cosigner loans | 7.49% - 25.49% (with discounts) | $5,000 - $100,000 | 24 to 144 months | See Offers | |
 | User ratings coming soon | Cosigner loans for military members | 8.99% - 18.00% | $250 - $50,000 | Up to 180 months | See Offers |
 | Secured cosigner loans | 18.00% - 35.99% | $1,500 - $20,000 | 24 to 60 months | See Offers | |
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User Ratings & Reviews
Ratings and reviews are from real consumers who have used the lending partner’s services. | Fast online loans with cosigner | 8.99% - 25.81% (with discounts) | $5,000 - $100,000 | 24 to 84 months | See Offers |
 | Cosigner loans for bad credit | 8.49% - 35.99% (with autopay) | $1,000 - $50,000 | 24 to 84 months | See Offers |
| User ratings |
User Ratings & Reviews
Ratings and reviews are from real consumers who have used the lending partner’s services. |
| APR range | 9.57% - 35.99% |
| Loan amounts | $1,000 - $40,000 |
| Loan terms | 24 to 60 months |
| Origination fee | 3.00% - 8.00% |
| Min. credit score | 600 |
| Pros | Cons |
|---|---|
Low credit score requirement Provides direct funding to former lenders Option to prequalify for a loan | Charges an origination fee of 3.00% - 8.00% Charges high maximum APRs Charges late fees |
However, LendingClub’s APR can run high, and when you take out a loan, you’ll have to pay an origination fee — 3.00% - 8.00% of the total balance of your loan. To learn more, read our full LendingClub personal loan review.
| User ratings | |
| APR range | 7.49% - 25.49%* (with discounts) |
| Loan amounts | $5,000 - $100,000** |
| Loan terms | 24 to 144 months* |
| Origination fee | None |
| Min. credit score | Not specified |
| Pros | Cons |
|---|---|
Low starting interest rates Doesn’t charge any fees Same-day funding available | No option to prequalify You can take out a longer-term loan, but you’ll pay more interest Consumers with low credit won’t qualify |
While LightStream has some of the most competitive rates on our list, consumers with poor credit or little credit experience won’t qualify. LightStream doesn’t offer prequalification, so if you want to see your potential rates, you’ll have to submit to a hard-credit pull. To learn more, read our full LightStream personal loan review.
| User ratings | User ratings coming soon |
| APR range | 8.99% - 18.00% |
| Loan amounts | $250 - $50,000 |
| Loan terms | Up to 180 months |
| Origination fee | None |
| Min. credit score | Not specified |
| Pros | Cons |
|---|---|
Low maximum interest rate of 18.00% Long repayment terms (180 months) Small borrowing minimum of just $250 | Charges a 29 late fee Must have military connection to be eligible Unclear on some personal loan qualification requirements |
Since Navy Federal’s APR is capped at 18.00% due to federal laws, you may receive much lower rates than with other online lenders. To learn more, read our full Navy Federal Credit Union personal loan review.
| User ratings | |
| APR range | 18.00% - 35.99% |
| Loan amounts | $1,500 - $20,000 |
| Loan terms | 24 to 60 months |
| Origination fee | 1.00% - 10.00% or $25 to $500 |
| Min. credit score | Not specified |
| Pros | Cons |
|---|---|
May receive funds within one business day of approval No prepayment penalties Flexible loan terms | Low maximum loan amount Charges high interest rates Charges an origination fee |
On the downside, however, OneMain Financial charges higher interest rates than other lenders that allow for cosigners (35.99%). With a OneMain Financial personal loan, you may also have to pay an origination fee that can range anywhere from 1.00% - 10.00% of your loan amount or a $25 to $500 flat rate. To learn more, read our full OneMain Financial personal loan review.
| User ratings |
User Ratings & Reviews
Ratings and reviews are from real consumers who have used the lending partner’s services. |
| APR range | 8.99% - 25.81% (with discounts) |
| Loan amounts | $5,000 - $100,000* |
| Loan terms | 24 to 84 months |
| Origination fee | 0.00% - 6.00% |
| Min. credit score | 680 |
| Pros | Cons |
|---|---|
Does not charge any required fees Offers unemployment support Provides a 0.25% autopay discount High maximum loan amount | May have to accept origination fee for lower rates Having a co-applicant can lengthen the application process High minimum loan amount |
Keep in mind, that a co-applicant can add a week or two to the application approval process. SoFi also offers large loan amounts (up to $100,000), so if you need a large sum, this lender may be worth considering. To learn more, read our full SoFi personal loan review.
| User ratings | |
| APR range | 8.49% - 35.99% (with discounts) |
| Loan amounts | $1,000 - $50,000 |
| Loan terms | 24 to 84 months |
| Origination fee | 1.85% - 9.99% |
| Min. credit score | 580 |
| Pros | Cons |
|---|---|
May receive funds within one business day of approval Offers secured loans as an option Provides interest rate discount | Charges an origination fee (1.85% - 9.99%) May be charged a late fee after 15 days of a missed payment High interest rates (up to 35.99%) |
To help offset these higher rates, consumers can apply with a co-applicant to secure lower interest rates, or they can take out a secured loan with Upgrade. Borrowers will want to keep in mind that they may have to pay Upgrade an origination fee as well as late fees. To learn more, read our full Upgrade personal loan review.
A cosigner is a second person who signs a loan agreement, taking equal legal responsibility for repaying the loan.
Getting a personal loan with a cosigner can make it much easier for the original borrower to qualify for a loan because, in the eyes of lenders, a second person agreeing to take ownership of the loan lessens the risk of lending to that individual.
If the original borrower is unable to repay the loan, the lender can try to collect from the cosigner. Keep in mind, that some lenders offer co-borrower loans instead of cosigner loans and, while they sound similar, they come with several key differences.
Credit score requirements vary from lender to lender. In general, it is wise to have a cosigner with at least a credit score of 670 or higher. This can make it easier to not only get approved for a personal loan but also receive better offers that can save you money and offer you financial flexibility.
If your cosigner has a good credit score and a history of repaying debts on time, it may be easier for you to get approved for a loan. This is because including a co-applicant lowers the lender’s risk when offering you a loan since it can hold two people accountable for repayment instead of just one.
Loans with a cosigner may be a good route if you are in need of a personal loan but don’t have a good credit score, need a large amount of money or want to receive a lower interest rate. A co-applicant with a solid credit score and history can make it easier to achieve those financial goals. If you’re unable to find a cosigner, you may also want to consider bad credit loans.
If you’re unable to repay a personal loan that you took out with a cosigner, both your and your cosigner’s credit scores can be impacted.
If neither of you are able to repay the loan, your loan may be sent to a collection agency which will attempt to collect or sue you both if you don’t repay.
