Information
About Lender
Best Egg is a trusted personal loan provider. A+ rated by the Better Business Bureau and #1 Personal Loan by Best Company with over 6,500+ customer reviews. Best Egg looks beyond credit scores to understand each person’s goals and needs to help them build the life they want. No judgment. Resources to make informed decisions and take control of your financial life.
Best Egg offers loans for debt consolidation, credit card refinancing, home improvements, big purchases and more. Loan amounts up to $50,000 with low fixed APRs. Secured personal loans for extra flexibility. Features like Direct Pay to pay off debt faster and potentially at better rates. To qualify for a loan you must meet certain conditions including APRs 8.99% - 35.99% and may require a minimum FICO score and income level depending on the loan terms.
Key Features
Personal Loans. Best Egg personal loans for debt consolidation, home improvements, unexpected expenses, big purchases and more.
Online Application. Funds in as little as one business day after approval.
Competitive Rates. Choose a repayment term that fits your needs.
No Prepayment Penalties. Pay off your loan early with no extra fees.
Transparent Fees. No hidden fees. Know the cost of your loan.
Pros and Cons
Pros
Fast Funding. Loan funds in as little as 3 business days. Loan amount doesn’t affect funding time.
Good Personal Loan Rates. Your personal loan offer will be based on your credit score and many other factors but Best Egg’s rates are good.
Soft Credit Check. You can check your rate without it affecting your credit score.
No Prepayment Charges. You can pay off your Best Egg personal loan early with no charges.
Minimum Loan Amount is $2,000. When we talk about the minimum loan amount it’s worth noting that $2,000 is a small loan.
Cons
Origination Fees. In all cases the origination fee will be calculated based on the loan amount and several other factors. Loan Term is Not Flexible. You have limited options for loan term: 3 or 5 years. Backed by Cross River Bank. While there’s a lot to like about this bank including the funding speed, there’s a lot to dislike too. Loans Not Available in All States. Best Egg’s website will tell you which states personal loans are not available or restricted. Difficult to Qualify for Minimum APR. Your credit score must be 700+ and annual income $100,000+. Reliability BBB Rating. Best Egg has an A+ rating with the Better Business Bureau (BBB), the highest rating possible. The BBB evaluates companies based on their performance and trustworthiness and provides consumers with valuable insights into a company’s reputation. Customer Satisfaction. Best Egg’s commitment to great service and meeting customer needs is what contributes to its reliability. Positive reviews and awards from reputable organizations like the BBB and Best Company are proof of customer satisfaction and reinforces Best Egg’s reliability as a lender. Ethical Business Practices. Best Egg’s recognition by reputable organizations shows it adheres to ethical business practices. Through transparency, fairness and integrity in all its dealings Best Egg demonstrates its commitment to reliability that goes beyond financial transactions. How to Apply for a Best Egg Loan?
Visit the Website. On the homepage, look for the option that says "View offers" or "Check rate in minutes." Click on this to begin the application process.
View Offers. Enter your email address in the space provided to start the offer process. This step allows you to view potential offers without impacting your credit score if you are not approved.
Enter Offer Code. If you have received an offer code in the mail as a prescreened applicant, click on "+ I have an offer code (optional)" to enter your code. This may provide you with pre-qualified loan offers.
Provide Information. Complete the loan application form by providing necessary personal information, including your name, address, date of birth, and employment details. You may also need to provide financial information, such as your annual income and monthly housing costs. Specify the loan amount you're interested in and the purpose of the loan and review the loan options presented to you.
Submit Your Application. Choose the loan option that best suits your needs and agree to the terms and conditions. Best Egg will perform a credit check to finalize your loan offer. This may impact your credit score if you proceed beyond the initial offers stage.
Sign Loan Agreement. Once approved, review and sign your loan agreement electronically. The terms of your loan, including the APR, repayment schedule, and any applicable fees, will be detailed in this agreement.
Get Funds. After successful verification, the funds from your Best Egg personal loan can be deposited into your bank account within 1-3 business days, allowing you to use the funds for your specified purpose.
Conditions and Requirements
Conditions
Fixed Interest Rates. Best Egg Personal Loans fixed interest rates range from 8.99% to 35.99%.
Loan Amounts. You can borrow $2,000 to $50,000 based on your eligibility and needs.
Loan Terms. Loan terms are flexible, 36 months to 60 months.
Requirements
Citizenship. Be a U.S. citizen living in the U.S. or a permanent resident living in the U.S.
Legal Age. Be of legal age to accept a loan in the state you reside in.
Bank Account. Have a verifiable personal checking account with a routing number.
Valid Email. Have a valid email for communication and documentation purposes.
Physical Address. Provide a physical address; PO Boxes not accepted.
Location Restrictions. Unfortunately loans are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia or U.S. Territories.
Ways to Receive the Money Best Egg’s funding process is similar to traditional financial institutions. They offer loans 24/7 through their online service. If you meet Best Egg loan requirements and get approved by their loan officers you will receive an email with further instructions on how to get your loan. Just choose the deposit method that works for you and wait for the funds to be deposited into your account, for example your bank account. It takes 1-3 business days to get the money, most clients get their personal loans the same day. Best Egg funds its loans through its partners, Cross River Bank. Products Personal Loans. Best Egg personal loans for various purposes such as debt consolidation, credit card refinancing, home improvements, moving expenses, major purchases, baby and adoption costs, special occasions and vacation loans. Credit Card. Best Egg credit card to help you build credit responsibly. Features no annual fee, track spending and set limits with ease. Applying for this credit card will not affect your credit score if you’re not approved. Secured Personal Loan. A loan that requires collateral for approval but may have lower interest rates or better terms since the risk is lower for the lender. Vehicle Equity Loan. Use your vehicle’s equity as collateral for a loan. Another option for those who need access to funds. Flexible Rent. Not mentioned in the content but this product suggests an offering related to rent, possibly flexible rent payments or rent financing. Other Personal Loans Discover the Best Personal Loans Available Online Your Guide to Loans with Bad Credit Understanding No-Credit Loans: How Do They Work? Understanding Starter Loans: A Guide for Beginners Unlocking the Mysteries of First-Time Loans Understanding the Power of a Line of Credit Easy and Quick Online Loans Applications Your Comprehensive Online Line of Credit Resource Reasons for Loan Refusal
Common reasons for loan denial are not meeting the minimum credit score requirement, not enough income, high debt-to-income ratio, incomplete application or not meeting the loan product criteria. Best Egg emphasizes creditworthiness, with a minimum FICO score and annual income required for the lowest APR offers. Residency restrictions and existing loan balances with Best Egg may also be a factor. Make sure you meet all the requirements and conditions such as a minimum 700 FICO score and a minimum individual annual income of $100,000 for the lowest APR and that all application details are complete and accurate.
How to Repay a Best Egg Loan?
One way is through autopay, which automatically deducts the monthly loan payment from your bank account, so you never miss a payment and may get lower interest rates. You can also make manual online payments where you can pay the standard monthly amount or make extra payments towards the principal. If you prefer traditional way, you can also send a check by mail. Best Egg allows additional payments with no pre-payment penalties so you can pay off your loan faster and save on interest. You can also change the loan due date and update autopay settings for your convenience.
Loans like Best Egg
OppLoans
OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.
Rise Credit
RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.
OneMain Financial
OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.
Universal Credit
Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.
Editorial Opinion
Best Egg is a strong contender in the personal finance space especially for those looking for personal loans with a simple application process and competitive rates. Its A+ rating with the Better Business Bureau and reviews from various platforms prove it’s a reliable and customer centric service. Best Egg has various loan offerings from debt consolidation to home improvements to cater to different financial needs. However, the high minimum credit score and income requirements may limit some borrowers. Overall Best Egg’s transparency, no pre-payment penalty and fast funding time makes it a good option for those who want to manage their finances better.
Important
Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.
How to Choose a Lender
Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.
Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.
Carefully review all the terms and conditions of your payday loan contract.
Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.
Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
Additional Resources
- Full Best Egg Account Review
- How to Apply for a Best Egg Loan
- How to Repay a Best Egg Loan
- Best Egg Mobile App
- Best Egg Customer Reviews
- All Best Egg Coupons and Promo for June 2025
- Best Egg Loans of June 2025
Sources
aggregation.company.relinking
FAQ
How do you qualify for a Best Egg loan?
To qualify for a personal loan from Best Egg, you will need to meet certain eligibility criteria, including:
- Credit score: Best Egg requires a minimum FICO credit score of 700. However, meeting the minimum credit score requirement does not guarantee loan approval.
- Income: Best Egg requires a minimum annual income of $100,000. This income requirement may vary based on your credit score, debt-to-income ratio, and other factors.
- Debt-to-income ratio: Best Egg considers your debt-to-income ratio, which is the amount of debt you have relative to your income. A lower debt-to-income ratio may increase your chances of loan approval.
- Employment: Best Egg may consider your employment history and current employment status as part of the loan approval process.
- Citizenship: Best Egg loans are only available to U.S. citizens or permanent residents who are at least 18 years old.
To apply for a loan from Best Egg, you will need to fill out an online application that includes personal and financial information, such as your name, address, income, and employment details. Best Egg will then review your application and credit report to determine if you meet their eligibility criteria and provide you with a loan offer, including loan amount, interest rate, and other terms. Best Egg will verify your information and transfer the funds to your bank account if you accept the loan offer.
How much can you borrow from Best Egg?
Best Egg offers personal loans ranging from $2,000 to $50,000. The loan amount you may qualify for will depend on various factors such as your credit score, income, debt-to-income ratio, and other financial information.
Best Egg will evaluate your application and credit report to determine your loan amount and interest rate. If approved, Best Egg will provide you with a loan offer that includes the loan amount, interest rate, and other terms of the loan. If you accept the loan offer, you can expect to receive the funds within one business day of loan approval.
It's important to note that while you may be eligible for a loan up to $50,000, it's not always necessary to borrow the maximum amount. You should carefully consider how much money you need and how much you can afford to repay. Additionally, taking on more debt than necessary could result in higher interest charges and longer repayment periods.
Does Best Egg approve everyone?
Best Egg does not approve everyone applying for a personal loan. Best Egg has eligibility requirements that borrowers must meet to qualify for a loan, including a minimum credit score of 700 and a minimum annual income of $100,000. Meeting these requirements does not guarantee loan approval. Best Egg will also evaluate your debt-to-income ratio, employment history, credit report, and other factors when considering your loan application.
If you are approved for a loan, Best Egg will provide you with a loan offer that includes the loan amount, interest rate, and other terms of the loan. You can then decide whether to accept or decline the offer. If you decline the offer, you are not obligated to take out the loan. If you accept the offer, you will need to sign a loan agreement and provide any additional information or documentation requested by Best Egg before the loan is finalized and the funds are disbursed.
Is Best Egg a legitimate company?
Yes, Best Egg is a legitimate company offering consumers personal loans. Best Egg is a financial technology company owned by Marlette Funding, LLC, a subsidiary of Jefferies Financial Group, a publicly-traded company.
Best Egg is accredited by the Better Business Bureau (BBB) and has an A+ rating, which is the highest possible rating. Best Company has also recognized the company as the "#1 Personal Loan" in its annual rankings based on factors such as customer reviews, loan options, and transparency.
Best Egg is regulated by state and federal laws, and the company is committed to complying with all applicable regulations and laws. Best Egg also employs security measures to protect customers' personal and financial information.
Overall, Best Egg is a legitimate company that has established itself as a reputable lender in the personal loan industry. However, doing your own research and due diligence is important before applying for a loan with any lender.
- Information
- About Lender
- Key Features
- Pros and Cons
- Origination Fees. In all cases the origination fee will be calculated based on the loan amount and several other factors. Loan Term is Not Flexible. You have limited options for loan term: 3 or 5 years. Backed by Cross River Bank. While there’s a lot to like about this bank including the funding speed, there’s a lot to dislike too. Loans Not Available in All States. Best Egg’s website will tell you which states personal loans are not available or restricted. Difficult to Qualify for Minimum APR. Your credit score must be 700+ and annual income $100,000+. Reliability BBB Rating. Best Egg has an A+ rating with the Better Business Bureau (BBB), the highest rating possible. The BBB evaluates companies based on their performance and trustworthiness and provides consumers with valuable insights into a company’s reputation. Customer Satisfaction. Best Egg’s commitment to great service and meeting customer needs is what contributes to its reliability. Positive reviews and awards from reputable organizations like the BBB and Best Company are proof of customer satisfaction and reinforces Best Egg’s reliability as a lender. Ethical Business Practices. Best Egg’s recognition by reputable organizations shows it adheres to ethical business practices. Through transparency, fairness and integrity in all its dealings Best Egg demonstrates its commitment to reliability that goes beyond financial transactions. How to Apply for a Best Egg Loan?
- Conditions and Requirements
- Ways to Receive the Money Best Egg’s funding process is similar to traditional financial institutions. They offer loans 24/7 through their online service. If you meet Best Egg loan requirements and get approved by their loan officers you will receive an email with further instructions on how to get your loan. Just choose the deposit method that works for you and wait for the funds to be deposited into your account, for example your bank account. It takes 1-3 business days to get the money, most clients get their personal loans the same day. Best Egg funds its loans through its partners, Cross River Bank. Products Personal Loans. Best Egg personal loans for various purposes such as debt consolidation, credit card refinancing, home improvements, moving expenses, major purchases, baby and adoption costs, special occasions and vacation loans. Credit Card. Best Egg credit card to help you build credit responsibly. Features no annual fee, track spending and set limits with ease. Applying for this credit card will not affect your credit score if you’re not approved. Secured Personal Loan. A loan that requires collateral for approval but may have lower interest rates or better terms since the risk is lower for the lender. Vehicle Equity Loan. Use your vehicle’s equity as collateral for a loan. Another option for those who need access to funds. Flexible Rent. Not mentioned in the content but this product suggests an offering related to rent, possibly flexible rent payments or rent financing. Other Personal Loans Discover the Best Personal Loans Available Online Your Guide to Loans with Bad Credit Understanding No-Credit Loans: How Do They Work? Understanding Starter Loans: A Guide for Beginners Unlocking the Mysteries of First-Time Loans Understanding the Power of a Line of Credit Easy and Quick Online Loans Applications Your Comprehensive Online Line of Credit Resource Reasons for Loan Refusal
- How to Repay a Best Egg Loan?
- Loans like Best Egg
- Editorial Opinion
- aggregation.company.relinking
- FAQ
