Best Personal Loans in Olathe, KS: Top Lenders & Best Picks for You

MoneyGeek's Picks for Best Personal Loan Lenders in Olathe, KS

MoneyGeek evaluates over 30 data points to find the best personal loan lenders in Olathe. The most important categories for borrowers, no matter why they want a loan, get the most weight.

If you want an affordable personal loan in Olathe, Kansas, the best you can find is LightStream. Lenders like Upgrade, Best Egg, Upstart, and SoFi are also worth considering.

Best Overall Personal Loan Lender in Olathe: LightStream


  • LightStream

    • 4.49% to 20.49%APR Range
    • 660Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 24 to 84 monthsRepayment Terms
    • Same DayTime to Receive Funds

    LightStream offers the best personal loan in Olathe for the average borrower.

    You can borrow $5,000 to $100,000 based on creditworthiness and eligibility. This lender offers low and fixed rates, flexible repayment terms and fast disbursement.

    Through its Rate Beat Program, if you qualify for an offer with lower interest, LightStream beats it by 10%. Further, it doesn't charge any prepayment, origination or late fees.

    LightStream doesn't have a prequalification process, meaning it performs a hard credit pull. Every hard credit check shows up on your score, whether you get a loan or not. The company also requires a good-to-excellent credit score to qualify.

    Pros

    • A+ BBB rating
    • Autopay discount
    • Quick fund disbursement
    • No prepayment, origination or late fees
    • Allows joint loans

    Cons

    • Hard credit pull
    • Restrictions on fund usage
    • No co-signers
    • Won’t accept people with new or no credit
    • High minimum loan amount
    LightStream

Best Personal Loan Lender for Bad Credit in Olathe: Upstart


  • Upstart

    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    You may use Upstart personal loans for debt consolidation, student loans and more.

    Upstart considers more than your FICO score. So, it ranks as Olathe's best personal loan provider for those with bad credit. Plus, you can check if you qualify without affecting your score via a soft credit check.

    With Upstart, borrowers in Olathe can loan from $1,000 to $50,000. Personal loans from Upstart don't charge prepayment fees if you decide to pay off your loan early. However, you may have origination and late payment charges.

    Pros

    • No prepayment fees
    • Soft credit inquiry
    • Funds education-related expenses
    • Higher chances of loan approval

    Cons

    • Only two repayment term options
    • No mobile apps to manage account
    • Origination and late payment fees
    Upstart

Best Personal Loan Lender for Good Credit in Olathe: SoFi


  • SoFi

    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds

    SoFi loans come in a range of $5,000 up to $100,000, depending on your creditworthiness.

    This lender conducts soft credit pull during the initial application. It offers competitive rates with no origination fees, closing costs or prepayment penalties. All that, plus high loan amounts and fast payouts, means SoFi ranks as Olathe's best lender.

    This is particularly true for those with good credit. SoFi has income and high credit score requirements, but it doesn't allow co-signers.

    Pros

    • Soft credit pull
    • Unemployment protection
    • Autopay discount
    • A+ BBB rating
    • No prepayment, late or origination fees

    Cons

    • High minimum loan amount
    • No co-signers
    • Income requirements
    • Somewhat high credit score needed
    • Won’t accept borrowers with new or no credit
    SoFi

Best Personal Loan Lender for Debt Consolidation in Olathe: Upgrade


  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds

    If you’re a borrower in Olathe who wants to consolidate debts, your best bet might be Upgrade.

    Upgrade personal loans provide a financial solution to various funding requirements. Depending on your eligibility, you can borrow anywhere from $1,000 to $50,000.

    And, you can pay early, as Upgrade doesn't charge prepayment penalties. Even better, it offers an autopay discount.

    But expect high origination fees and interest rates if you don't have good credit.

    Pros

    • A+ BBB rating
    • Low fixed rates
    • No prepayment penalties
    • Autopay discount

    Cons

    • High maximum APR
    • High credit score needed
    • High origination fees
    Upgrade

Best Personal Loan Lender for Home Improvement in Olathe: Best Egg


  • Best Egg

    • 4.99% to 35.99%APR Range
    • 700Minimum Credit Score
    • $2,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    Our rankings show that Best Egg is the best personal loan in Olathe for home improvement.

    You can get up to $50,000 on a fixed interest rate and manageable monthly payments. Best Egg loans don’t come with prepayment penalties, letting you pay off your debt early at any time.

    Olathe borrowers with credit scores of 700+ who meet income requirements may qualify.

    Pros

    • A+ BBB ratings
    • Soft credit pull
    • Autopay discount
    • No prepayment penalties

    Cons

    • High credit score needed
    • Minimum individual income requirement
    • No co-signers
    • Charges late fees
    • Has origination fees
    Best Egg

Where to Start: How to Choose the Best Personal Loan Lender in Olathe for You

Personal loans in Olathe average $18,093, and they're used for a ton of reasons. Here, MoneyGeek walks you through the steps for how to get a personal loan.

  1. 1
    Ask Yourself the Important Questions

    It can be helpful to weigh the pros and cons of taking out a personal loan. Ask yourself:

    • How much funding do I need? It's generally best to only borrow what you need to avoid unnecessary debt, even if offered more.
    • What is my credit score? Credit score requirements may prevent you from being approved by some lenders.
    • Can I afford the monthly payment? Estimate the monthly payments to see if you can safely fit them into your budget.
    • How much debt do I already have? Adding more to what you currently have may put you in excessive debt that might be hard to recover from.
  2. 2
    Do Your Research

    The first loan you see may not be the best personal loan for you. Comparing personal loan offers from different lenders can save you a lot. MoneyGeek’s review of the top lenders in Olathe considers the average borrower’s needs. But, you may break that mold.

  3. 3
    Wait

    Before signing anything, wait a day or two to be sure you need and want this loan.

  4. 4
    Read the Fine Print

    The fine print indicates all the charges and fees you can expect from the loan. If something is unclear, ask questions.

  5. 5
    Apply

    Once you've chosen a lender, gather items like identification and proof of income.

What to Do if You Can’t Get a Personal Loan in Olathe

Personal loan lenders check an applicant's creditworthiness before approving an application. Factors like a borrower’s preferred terms, credit score, income and debts matter.

Many online lenders let you check possible rates before taking any risks. This means they conduct a soft credit pull, which doesn't hurt your score. Then, you can make adjustments until you're happy with the offer.

If you have a hard credit pull and your loan is rejected, ask why. Knowing why could let you negotiate or give you an idea of what to improve for future applications.

A personal loan may be a good option during hardships, as rates are generally lower than credit cards. If a personal loan isn't an option, other solutions like credit cards and home equity exist.

But, there are loans to avoid. The most notorious may be payday loans, which have unreasonable interest rates.

Frequently Asked Questions About Personal Loans in Olathe

MoneyGeek answers the most frequently asked questions about personal loans in Olathe.

What is the best personal loan lender in Olathe?

Which lender in Olathe has the lowest interest rate?

Can I use a personal loan for vacations in Olathe?

Can I use a personal loan for home improvement in Olathe?

What can I not use my personal loan for in Olathe?

How much can I borrow in Olathe?

How long does it take to get a personal loan in Olathe?

Can I pay off my loan early in Olathe?

Our Personal Loan Methodology

To find the best personal loan lenders in Olathe, MoneyGeek considered over 30 factors in six categories. These included affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency. Variables like APRs, loan amounts, disbursement times and application costs were specifically reviewed.

Our selections keep you in mind so we can help you find the best personal loan for your needs.

About Christopher Boston


Christopher Boston headshot

Christopher (Croix) Boston was the Head of Loans content at MoneyGeek, with over five years of experience researching higher education, mortgage and personal loans.

Boston has a bachelor's degree from the Seattle Pacific University. They pride themselves in using their skills and experience to create quality content that helps people save and spend efficiently.


sources
Shield Insurance

The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.