Loans
Best Egg Personal Loans review: loans up to $50,000
Best Egg Personal Loans are well-known for their emphasis on simplicity and client satisfaction. Check your rates in minutes! Hassle-free process! Read on!
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It’s crucial to shop around when applying for a personal loan. This Best Egg Personal Loans review should help you decide!
Best Egg Personal Loans: all you need to apply
Learn how to apply for Egg Personal Loans and quickly secure the money you need! Borrow up to $50,000 for several purposes! Read on!
Best Egg Personal Loans are well-known for their emphasis on simplicity and client satisfaction. So learn more about them below.
| APR | 8.99% and 35.99% depending on your credit score and other factors; |
| Loan Purpose | Debt consolidation, credit card refinancing, home improvements, moving expenses, large purchases, and much more; |
| Loan Amounts | 2,000 to $50,000; |
| Credit Needed | At least 600; |
| Terms | 36 to 60 months; |
| Origination Fee | Best Egg charges an origination fee ranging from 0.99% to 8.99%; |
| Late Fee | Best Egg does not specify a late fee; |
| Early Payoff Penalty | Borrowers don’t have to pay any fees to Best Egg if they pay off their loan balances early. |
Best Egg Personal Loans details
Best Egg is an online financial institution facilitating unsecured and secured personal loans for borrowers with good to excellent credit.
Their minimum loan amount varies from state to state but is often between $2,000 and $50,000.
Also, the borrowed funds may be put toward settling significant financial obligations or refinancing existing credit card debt.
In addition, to qualify for a secured loan from Best Egg, you must put up a fixed piece of real estate.
Though simple and quick, the funds could be deposited as soon as the following business day.
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Best Egg Personal Loans: pros and cons
Indeed, Best Egg personal loans offer many advantages over traditional loan options.
However, to make the best choice, you should know the downsides and risks involved.
Check below where Best Egg stands out and where it may fall short compared to other options!
Pros
- Loan amounts range from $2,000 and $50,000;
- Flexible repayment terms;
- Best Egg offers secured and unsecured personal loans;
- Direct payment to creditors;
- Free credit score access.
Cons
- Best Egg’s origination fee might be anything from 0.99% to 8.99% of the loan amount;
- Best Egg does not offer any further rate reductions for registering in automated payments, in contrast to several other lenders.
What is the minimum credit score to apply?
With a Best Egg Personal Loan, you’ll need a credit score of 600 or better, which is considered fair to good.
Best Egg Personal Loans: steps to apply
Indeed, when looking for a personal loan for various purposes, Best Egg may qualify as the best lender for you.
If you’d like to know more about how to apply for it, then check out our next post.
Best Egg Personal Loans: all you need to apply
Learn how to apply for Egg Personal Loans and quickly secure the money you need! Borrow up to $50,000 for several purposes! Read on!
About the author / Giovanna Klein
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