What is the best personal loan lender in Nebraska?

The best personal loan lender will depend on your specific needs. MoneyGeek found that LightStream was the best lender overall, while Upgrade is our top pick for debt consolidation.

Which lender in Nebraska has the lowest interest rate?

While it depends on your application, Upstart has the lowest interest rate starting at 3.22%.

Can I use a personal loan for vacations in Nebraska?

Yes, it’s possible to use your loan for a vacation. However, some lenders have restrictions on funding usage. Double-check their terms or ask the lender directly.

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

You can. Home improvement is a common reason for homeowners to take out a personal loan. Best Egg is MoneyGeek’s top pick for those looking to renovate their home.

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

It depends on the provider. For example, LightStream doesn’t allow personal loans to be used for business, investments or post-secondary educational expenses.

How much can I borrow in Nebraska?

Several lenders have a maximum loan amount of $50,000, but others lend up to $100,000. It will vary based on your credit score, gross minimum income and employment history.

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

It can take anywhere between one to seven days, depending on the lender.

Can I pay off my loan early in Nebraska?

Yes, you can pay your loan ahead of time. However, some lenders charge a prepayment fee. Be sure to read the fine print before you do so.

Top Lenders & Best Picks for You

Best Personal Loans in Nebraska

LightStream is MoneyGeek’s top pick if you’re looking for the best personal loans in Nebraska. This lender offers fast funding times, an autopay discount and flexible loan terms.

However, the top lender for you may change based on your needs and profile. We recommend Upgrade if you’re consolidating your debt, Upstart if you have bad credit, SoFi if you have good credit and Best Egg if you’re doing a home improvement project.

WHAT WE’RE GEEKING OUT ON

The Best Overall Personal Loan Lender in Nebraska
The Best Personal Loan Lender for Bad Credit in Nebraska
The Best Personal Loan Lender for Good Credit in Nebraska
The Best Personal Loan Lender for Debt Consolidation in Nebraska
The Best Personal Loan Lender for Home Improvements in Nebraska
How to Choose the Right Personal Loan for You
What to Do if You Can’t Get a Debt Consolidation Loan in Nebraska
Calculate Your Monthly Payment
Frequently Asked Questions About Personal Loans in Nebraska

MoneyGeek’s Pick on Best Personal Loan Lender in Nebraska: LightStream

MoneyGeek analyzed more than 30 factors to determine the best personal loan companies in Nebraska. We looked at factors like gross income, interest rates, minimum credit score and more. We’ve listed our top picks for different borrower profiles.

Best Overall Personal Loan Lender in Nebraska: 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 is MoneyGeek’s top pick for the best overall lender for personal loans in Nebraska. LightStream was established in 2013 and is available in all states.
If you need a loan within the same day, LightStream is a good option. With LightStream, borrowers can find savings since they don’t charge late fees, prepayment fees or origination fees. Unlike other lenders, LightStream doesn’t have employment requirements or a minimum gross income.
However, you won’t qualify for a personal loan with LightStream if you have a credit score below 660. LightStream also has certain restrictions with funding usage. For example, you’re not allowed to use your loan for life insurance or post-secondary education expenses.
Pros
$100,000 maximum loan amount
No minimum gross income requirement
Low APR of 4.49%
No origination fee
Available nationwide

Cons
Individuals with new or no credit are ineligible
You can’t use funds for retirement
APR Range: 4.49%–20.49%
Minimum/maximum loan amount: $5,000–$100,000
Minimum credit requirements: 660
Repayment terms: 24–84 months
Time to receive funds: Same day

Best Personal Loan Lender for Bad Credit in Nebraska: 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 serves 48 states, including Nebraska. The company has generated more than nine million repayment events. Upstart has a grace period of 15 days if you aren’t able to meet your monthly payment.
Individuals with bad credit might find Upstart to be a good option, especially because it requires a minimum credit score of 300. Keep in mind that Upstart does have a relatively low maximum loan amount of $50,000. Other personal loan lenders in Nebraska let you borrow up to $100,000. Therefore, Upstart may not fit your needs if you are looking for higher loan amounts.
Pros
Low interest rate of 3.22%
Low minimum credit score limit
A+ rating from the BBB
No prepayment penalty
Conducts soft credit inquiry first

Cons
Maximum loan amount of $50,000
Has a debt-to-income limit of 45% or less
Minimum gross income requirement of $12,000
APR range: 3.22%–35.99%
Minimum/maximum loan amount: $1,000–$50,000
Minimum credit requirements: 300
Repayment terms: 36–60 months
Time to receive funds: Next day

Best Personal Loan Lender for Good Credit in Nebraska: 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 has a credit score requirement of 680 or a good credit standing. Because Nebraska residents have an average credit score of 726, it’s an ideal option.
Garnering an A+ rating from the BBB, SoFi is also a trusted lender. The company has a maximum loan amount of $100,000, which is more than some lenders. SoFi also has a mobile app to help you check your credit score and manage your account remotely.
To qualify for a loan from SoFi, you’ll need a minimum of $50,000 gross income.
SoFi was established in 2011 and offers a variety of financial products and services.
Pros
No prepayment penalty
No late fees
0.3% discount for automatic repayment
No origination fee
A+ rating from the BBB

Cons
Good to excellent credit score is required
$50,000 minimum gross income
No co-signers
APR range: 5.74%–20.28%
Minimum/maximum loan amount: $5,000–$100,000
Minimum credit requirements: 680
Repayment terms: 12–60 months
Time to receive funds: Two days

Best Personal Loan Lender for Debt Consolidation in Nebraska: 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
Established in 2017, Upgrade is available nationwide and has originated more than $10 billion in credit. As a neobank, its entire operation is online.
Individuals in Nebraska with fair credit may like Upgrade because it has a minimum credit score requirement of 560. It also has no prepayment penalty, so you don’t need to pay extra fees if you pay your loan early.
Upgrade might not fit your needs if you need a loan amount above $50,000. Other lenders have a maximum loan amount of $100,000. Overall, it’s a great choice for those looking to consolidate debt in Nebraska.
Pros
No minimum gross income requirement
No prepayment penalty
Accepts both online and in-person applications
Fair minimum credit score
1% auto payment discount

Cons
High origination fees
$50,000 maximum loan amount
Loan can’t be used for investments
APR range: 5.94%–35.47%
Minimum/maximum loan amount: $1,000–$50,000
Minimum credit requirements: 560
Repayment terms: 36–60 months
Time to receive funds: Same day

Best Personal Loan Lender for Home Improvement in Nebraska: 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
With an A+ rating from the Better Business Bureau, Best Egg is your best option if you want to renovate your home.
With Best Egg, you aren’t charged a prepayment penalty and it doesn’t have debt-to-income limits. If you use their automatic payment process, you get a 0.5% discount and save some money.
However, Best Egg doesn’t always fit everyone’s needs. The company requires a $50,000 minimum gross income and also charges late fees. Best Egg doesn’t accept applications if you have a credit score below 700.
Best Egg was established in 2014 and has funded more than 1 million loans.
Pros
0.5% discount for auto payments
Receive your loan the next day
No debt-to-income limits
No prepayment penalty
Conducts a soft credit inquiry

Cons
Charges up to 6% origination fee
High minimum credit score
Gross income requirement of $50,000
APR range: 4.99%–35.99%
Minimum/maximum loan amount: $2,000–$50,000
Minimum credit requirements: 700
Repayment terms: 36–60 months
Time to receive funds: Next day

How to Choose the Best Personal Loan Lender in Nebraska for You

In Nebraska, personal loan debts average out to $24,901. Personal loans can help you with expenses for unseen emergencies or post-secondary education. When assessing your application, lenders consider factors such as your income, current debts, employment history and more.

If you need help in your personal loan journey, MoneyGeek listed key steps to help you out.

Ask Yourself the Important Questions

It’s never too early to start asking yourself questions that will help you discern what kind of personal loan you need. Figure out what qualifications your preferred lender requires and assess if their loan packages fit your needs. The following questions can help you make a good financial decision.

How much funding do you need?
What is your credit score?
Can you afford the monthly payment?
How much debt do you already have?

Do Your Research

It’s best to shop around and compare different lenders. Personal loans usually require a two- to four-year commitment. Therefore, you should be ready for the responsibilities a personal loan entails. Lenders may also have certain qualifications and restrictions about funding usage, so consider your unique situation and what you need the loan for.

To save you some time, MoneyGeek gathered information about personal loans in Nebraska. In case our recommendations don’t meet your needs, there are many alternatives in Nebraska for you.

Wait

It’s completely alright to take a few days off after doing your research. This will help you make a more objective decision when deciding which lender is best for you. MoneyGeek advises revisiting your choices after a day or two.

Read the Fine Print

Sometimes, small yet important details are overlooked in a personal loan. It’s beneficial to thoroughly read the fine print, especially in the long run. Look at the lender’s late fees, origination fees or other important requirements. This can help you narrow your options down to one or two lenders.

Apply

After you’ve chosen a lender and noted all their requirements, you can apply for your personal loan. Generally, lenders will ask for your address verification, proof of income and identification to be included in your application. Depending on which is most comfortable and available, you can apply online, visit or call your lender.

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

While loans may not get approved, it shouldn’t stop you from applying for a personal loan in Nebraska. A lender can deny an application for various reasons, whether it’s your credit score, gross income or employment history.

We recommend you reach out to your lender and ask for the specific reason your application was denied. It may be possible to modify your loan by decreasing the amount or repayment terms.

If that doesn’t work, try applying for a loan with another company. You should only do this after you’ve improved the factor that caused your loan to be denied by the first lender. You might receive a more favorable response.

A payday loan sounds appealing at first, but it has huge disadvantages. Payday loans have quick payback terms along with astoundingly high interest rates.

Frequently Asked Questions About Personal Loans in Nebraska

It’s important to find the best personal loan in Nebraska for you and your needs. To help you get started, MoneyGeek answered commonly asked questions about personal loans.

METHODOLOGY

We reviewed more than 30 personal loan lenders using 35+ individual data points across six key categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

Within each ranking criteria category, we considered several individual data points that we feel carry the most weight when choosing a personal loan lender. These factors include APR ranges, available loan amount, minimum credit score, minimum income amount, application fees and disbursement time.

Here at MoneyGeek, we value you, the consumer, so we also factor in each lender’s customer support, business ratings and additional features that could make your experience easier and more accessible — like prequalification, payment options and mobile apps.

After careful consideration and calculation, our picks are decided and chosen with your best interest in mind. Our personal loan recommendations and expert tips are meant to help you make the best decision when choosing a lender that meets your needs.

sources

Best Egg. "About Best Egg." Accessed March 9, 2022.
Upgrade. "Who We Are." Accessed March 9, 2022.
Upstart. "Overview." Accessed March 9, 2022.

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.