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

Updated: December 28, 2023

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WHAT WE’RE GEEKING OUT ON

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

When trying to find a personal loan lender in Overland Park, it can be hard to figure out which is the best. There are many different lenders, each with pros and cons. To help you narrow down your options, MoneyGeek created a list of recommendations.

We looked at more than 30 data points for each company to find the best lenders. We considered APRs, loan amounts, fees and other charges, repayment windows and more.

Our analysis found LightStream is the best personal loan in Overland Park. However, some borrowers may consider Upstart, SoFi, Upgrade and Best Egg to be better.

Best Overall Personal Loan Lender in Overland Park: 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

    With loan amounts from $5,000 to $100,000, LightStream offers enough to cover many emergencies. You may also have the option to pay off your loan in up to 84 months.

    Plus, you can enjoy a 0.50% interest rate discount if you sign up for autopay. There's also no origination fee and no prepayment penalty.

    LightStream offers same-day funding, so you can get funded in a few hours instead of days or weeks.

    Pros

    • Up to $100,000 loan amount
    • Has a mobile app
    • Autopay discount
    • No fees

    Cons

    • Good-to-excellent credit score required
    • No prequalification
    • Fund usage restrictions
    • Hard credit pull
    • No due date changes
    LightStream

Best Personal Loan Lender for Bad Credit in Overland Park: 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

    Upstart is an online lender offering personal loans and credit consolidation. Its algorithm considers employment, income, education and more instead of just credit scores. So, those with lower credit scores may find themselves in a better spot than with other lenders.

    Upstart’s loan amounts are $1,000 to $50,000. There’s no prepayment penalty, so borrowers who want to pay off their loans early may do so.

    However, its APR can be steeper than many credit cards, so this is a time to consider many options before signing any papers.

    Pros

    • Low credit scores considered
    • Considers factors other than credit score
    • No prepayment fees
    • Soft credit pull during prequalification

    Cons

    • Only two repayment options
    • High APR
    • Employment required
    • Charges an origination fee
    Upstart

Best Personal Loan Lender for Good Credit in Overland Park: 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

    For borrowers with excellent credit, SoFi could be a solid option for getting a personal loan. APRs can get low with discounts. Plus, SoFi personal loans don't have origination or prepayment fees.

    SoFi runs a soft credit check during prequalification, keeping your credit score safe. A hard credit check occurs only if you say so.

    SoFi also offers unemployment protection to people who lose their jobs. This allows borrowers to change their payments until they secure new positions.

    Pros

    • Unemployment protection
    • No origination fees
    • No prepayment penalties
    • Prequalification available

    Cons

    • High minimum loan amount
    • Good credit score required
    • Employment required
    • Income requirements
    SoFi

Best Personal Loan Lender for Debt Consolidation in Overland Park: 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

    Upgrade is MoneyGeek's top personal loan lender for debt consolidation in Overland Park. It allows you to borrow from $1,000 to $50,000 without minimum income requirements. Borrowers can't use Upgrade funds for everything, though. For instance, student loan payments aren't allowed.

    Upgrade also emphasizes there are no penalties for early repayment. It does charge origination and late payment fees, though.

    Additionally, its APR can go high. This may put some borrowers with poor credit at a disadvantage.

    Pros

    • A+ rating from the Better Business Bureau
    • High customer rating
    • No early payoff fee
    • Quick funding

    Cons

    • Charges a late payment fee
    • Charges an origination fee
    • Restrictions on fund usage
    • Possible high APR
    • Minimum credit score of 560
    Upgrade

Best Personal Loan Lender for Home Improvement in Overland Park: 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

    Best Egg lends borrowers $2,000 up to $50,000. Borrowers may receive their funds within the next day and can repay their loans in 36 to 60 months.

    That said, the credit score requirement of 700 may be a bit high for some people.

    MoneyGeek's research reveals Best Egg is best for home improvement projects. It may also help with credit card refinancing and other expenses. It doesn't fund college expenses, criminal activities or purchasing securities.

    Pros

    • Online application
    • Soft credit inquiry for prequalification
    • Simple interest
    • 36 to 60 months repayment period

    Cons

    • Good credit score required
    • Possible high APR
    • Origination fee
    • Restrictions on loan usage
    • No joint loans
    Best Egg

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

Kansas residents have an average credit score of 726 and a personal loan debt of around $18,093. If you plan to apply for a personal loan in Overland Park, you might need to follow these steps to get the best deal:

1
Ask Yourself the Important Questions

If you want a personal loan in Overland Park, you should know some things before you begin the process.

  • How much funding do I need? Determine how much money you need for your expense and plan to only borrow that amount.
  • What is my credit score? Your credit score is important for determining whether you'll get approved. In most cases, having a high credit score might make applying easier.
  • Can I afford the monthly payment? Make sure your monthly payment is within your budget.
  • How much debt do I already have? If you have a lot of debt, you may have a harder time getting a personal loan — even if you plan to use it for consolidation.
2
Do Your Research

It may be tempting to go with the first company that offers you a loan, but this isn't the time to rush into anything.

One of the best places to start exploring your options is MoneyGeek. Our goal is to provide relevant information about different lenders you can consider. But our recommendations may not fit everyone’s circumstances. We encourage people to shop around.

3
Wait

Applying for a personal loan is a major decision. It’s worth taking a day or two to ensure you’re prepared.

4
Read the Fine Print

Because lenders tend to advertise only their best options, it can be hard to get a full picture of what they offer. Before choosing a lender, take the time to look into lesser-known details. Doing a little digging can help your chances of finding the right personal loan in Overland Park.

Fees associated with personal loans, like prepayment, origination and late fees, add up. That’s why it’s important to look at all the fine print before signing on the dotted line.

5
Apply

Get your identification, address verification and proof of income ready. Then, start the paperwork. If you prefer to work with a lender who allows you to apply online, that's fine. But if you'd rather speak to someone, that's often an option.

By calling or visiting, you can go over options with a professional who can walk you through the process. They can answer questions you may have about the loan.

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

Applying for a loan can be nerve-wracking, especially since applications can be denied. If you find yourself in this situation, don't panic. It happens for various reasons, many of which are fixable with time and effort. This could include a low credit score or income.

Call or email your lender to find out why they rejected your application. It may be wise to ask if you can change your application to qualify without re-applying. Lengthening the term or lowering the amount you want may make the lender reconsider.

If you're in a pinch, you can try applying somewhere else. However, improving whatever caused the denial can give you a better chance at approval.

Avoid getting a payday loan because this type of loan can come with an expensive price tag.

Frequently Asked Questions About Personal Loans in Overland Park

Getting a personal loan in Overland Park requires you to assess your needs and situation. MoneyGeek answers some frequently asked questions to help you make an informed decision.

What is the best personal loan lender in Overland Park?
Which lender in Overland Park has the lowest interest rate?
Can I use a personal loan for vacations in Overland Park?
Can I use a personal loan for home improvement in Overland Park?
What can I not use my personal loan for in Overland Park?
How much can I borrow in Overland Park?
How long does it take to get a personal loan in Overland Park?
Can I pay off my loan early in Overland Park?

Our Personal Loan Methodology

MoneyGeek considered more than 30 individual factors across six categories. These included affordability, accessibility, consumer friendliness, service, flexibility and lender transparency.

We looked at several data points within each category. These include APR ranges, minimum income amounts, application fees and disbursement timeframes.

We also considered each lender's customer support team and business reputation.

Ultimately, we hand-picked lenders we thought would suit most people's needs. These recommendations intend to help you make an informed decision.

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.

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