5.99 - 21.49 %
APR
2 - 6 years
Loan Term
Check rates
On partner's site

Best Personal Loans in Fort Wayne (IN)

We have found 117 personal loans to apply for in Fort Wayne, IN. Add more criteria to compare personal loans and find the best one for you.

By Myfin Team
Updated March 28, 2024
Showing 117 personal loans
APR
5.99 - 21.49 %
with Autopay
Term
2 - 6years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.5%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Low rates
    • No fees
    • Fast approval and funding
    • Rate discount for autopay
    • Digital experience
  • Cons:
    • Minimum loan amount is a bit high
    • Requires a long credit history

LightStream is the online lending division of Truist (formerly SunTrust Bank).

The key feature of LightStream's online personal loans is that they can be up to $100,000 and used for nearly any reason.

LightStream charges no fees on its personal loans. Plus, it offers to send you $100 if you’re unsatisfied with the loan process.

See LightStream full product review
Check rates
On partner's site
APR
6.99 - 24.99 %
with Autopay
Term
3 - 6years
Loan amount
$3,500 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    5 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No fees
    • Autopay discount
  • Cons:
    • Long time to receive funds
    • No Cosigner Option

Marcus offers unsecured personal loans up to $40,000 with rates from 6.99% to 24.99%.

Marcus does not charge origination, late payment and check processing fees.

See Marcus by Goldman Sachs full product review
Check rates
On partner's site
APR
5.6 - 35.99 %
Term
3 - 5years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    10%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment penalty
    • Next day funding
  • Cons:
    • Origination Fee
    • Extra Fees

Upstart loans range from $1,000 to $50,000. Not all applicants will qualify for the full amount.

The minimum loan amount: $7,000 (MA), $6,000 (Ohio), $5,100 (NM), $3,100 (GA), $2,100 (HI).

Borrowers need credit scores of 580 or higher.

Upstart offers fixed-rate APRs that vary from 5.60% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 0% to 8%.

See Upstart full product review
Check rates
On partner's site
APR
8.99 - 29.99 %
Term
2 - 5years
Loan amount
$5,000 - $40,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    5%
  • Funds available in:
    3-6 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • No prepayment or late fees
    • Free monthly FICO score updates
  • Cons:
    • Co-signers are not accepted
    • Origination Fee
    • Slow funding
    • Not available in all states

The Payoff Loan™ is an unsecured personal loan designed to consolidate your credit cards into one monthly payment. Payoff requires a minimum FICO credit score of 640 or higher. It provides loans of up to $40,000.

The Payoff platform provides loans with rates between 8.99% and 29.99% APR. Minimum loan amount and APR may vary in certain states.

See Payoff® full product review
Check rates
On partner's site
APR
8.3 - 36 %
Term
3 - 5years
Loan amount
$1,000 - $40,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    3 - 6%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Quick, easy online application
    • Fast funding
  • Cons:
    • Origination fee

LendingClub offers loans of $1,000 to $40,000.

The APR range is from 8.30% to 36.00%. Loan terms are available for 3 or 5 years.

LendingClub charges an origination fee of 3% to 6% on personal loans.

See LendingClub full product review
Check rates
On partner's site
APR
7.99 - 23.43 %
with Autopay
Term
2 - 7years
Loan amount
$5,000 - $100,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Autopay discount:
    0.25%
  • Origination fee:
    No origination fee.
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Rate discount for autopay
    • No Fees
  • Cons:
    • Not available to residents of Mississippi
    • No secured loan option

SoFi loans range between $5,000 to $100,000.

The APR range is from 7.99% to 23.43% (with discounts). Loan terms are available for 2 or 7 years.

The loan is not available in Mississippi.

SoFi personal loans have no fees: no origination fees, no late fees, no prepayment penalties.

See SoFi full product review
Check rates
On partner's site
APR
9.95 - 35.95 %
Term
1 - 5years
Loan amount
$2,000 - $35,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    4.75%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Low minimum credit score requirements
    • No prepayment fees
  • Cons:
    • Fees
    • No Autopay discount
    • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.95%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

See Avant full product review
Check rates
On partner's site
APR
7.95 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $40,000
  • Minimum credit:
    scorer
    Fair (580-669)
  • Origination fee:
    2.41 - 5%
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval and funding
    • Simple application process
  • Cons:
    • Origination fee
    • Extra Fees
    • No Autopay Discount
    • Not available in all states

Prosper offers fixed-rate APRs that vary from 7.95% to 35.99%. Loan terms are available for 3 or 5 years.

The origination fee ranges from 2.41% to 5%. Prosper charges $15 for failed payments or returned checks. Payments that are 15 or more days late are assessed a late fee.

If you don't qualify for a personal loan with Prosper, consider applying with a co-applicant.

See Prosper full product review
Check rates
On partner's site
APR
7.99 - 35.99 %
Term
3 - 5years
Loan amount
$2,000 - $50,000
  • Minimum credit:
    scorer
    Good (670-739)
  • Origination fee:
    0.99 - 8.99%
  • Funds available in:
    1-3 business days.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Fast approval
    • Low fixed rates
    • Fast funding
  • Cons:
    • Fee charged

Best Egg is a national online lending platform offering personal loans starting at $2,000 for a variety of purposes.

Best Egg’s personal loans are ideal for consolidating debt or funding major expenses. Borrowers cannot use loans toward securities or postsecondary educational expenses.

There are no prepayment penalties, so you can pay off the loan ahead of schedule without extra fees.

Best Egg origination fees vary from 0.99% to 8.99%.

The quote you receive is based on multiple factors, including: Credit score and history, Income, Debt obligations, Loan amount, Repayment term (36 vs. 60 months).

See Best Egg full product review
Check rates
On partner's site
APR
18 - 35.99 %
Term
2 - 5years
Loan amount
$1,500 - $20,000
  • Minimum credit:
    scorer
    Poor (300-579)
  • Origination fee:
    $25 - $500
  • Funds available in:
    1 business day.
  • Loan Purpose:
    Personal Loan
  • Pros:
    • Secured and unsecured options
    • Poor-credit applicants considered
  • Cons:
    • Origination fee
    • Extra Fees
    • High Rates

OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.

You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.

OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.

The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.

See OneMain Financial full product review
Check rates
On partner's site
For example, if you apply for a 2-year $5,000 personal loan with an interest rate of 15% and an origination fee of 5% you would receive $4,750 and make 24 payments of $242.43. The total amount paid would be $5,818.
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Showing 117 personal loans
Amount
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City, state or Zip
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Loan Purpose
  • Personal Loan
  • Home Improvement Loan
  • Medical (Dental) Loan
  • Debt Consolidation Loan
  • Major Purchase
  • Refinance Credit Card
  • Moving Expenses (Relocation)
  • Travel
  • Other

TOP 5 banks offering personal loans in Fort Wayne

Showing 5 banks
Sort by: Branches
Branches 15 bank branches
Total Assets (US$M)3,380,824,000
Branches 11 bank branches
Total Assets (US$M)24,847,064
Georgetown Branch
6302 East State Boulevard, Fort Wayne, IN, 46815
Chestnut Branch
10325 Chestnut Plaza Drive, Fort Wayne, IN, 46814
Indiana Center Branch
111 East Wayne Street, Fort Wayne, IN, 46802
Show all departments
Branches 9 bank branches
Total Assets (US$M)534,346,587
State - Coliseum
Thursday: 9:00 AM - 6:00 PM
Northrop - Coliseum
Thursday: 9:00 AM - 5:00 PM
Dupont - Coldwater
Thursday: 9:00 AM - 6:00 PM
Show all departments
Branches 6 bank branches
Total Assets (US$M)205,546,136
Dupont Crossing Branch
720 East Dupont Road, Fort Wayne, IN, 46825
Southtown Mall Branch
1110 East Tillman Road, Fort Wayne, IN, 46816
Georgetown North Branch
6411 East State Boulevard, Fort Wayne, IN, 46815
Show all departments
Branches 4 bank branches
Total Assets (US$M)45,500,554
Fort Wayne Branch
116 East Berry Street, Fort Wayne, IN, 46802
Dupont Branch
10140 Lima Road, Fort Wayne, IN, 46818
Southwest Branch
9898 Illinois Road, Fort Wayne, IN, 46804
Show all departments

How to Choose the Ideal Personal Loan in Fort Wayne, Indiana?

Personal loans can provide valuable financial flexibility and help bridge budget gaps when used wisely. To find the right personal loan that meets your financial needs in Fort Wayne, Indiana, consider the following strategies:

  • Annual Percentage Rates (APR). The APR is a crucial factor to consider when evaluating loan options. It offers a more accurate representation of the total cost of the loan, including fees, compared to just the interest rate. By comparing APRs, you can determine which loan will be more costly in the long run. In Fort Wayne, APRs can range from 4.49% to 36%.
  • Loan Amount. Research loan amount options and select a lender that offers the desired loan size. In Fort Wayne, you can find loans ranging from $100 to $500,000. Look for lenders that allow you to withdraw the loan in parts, paying interest only on the amount utilized. This flexibility is beneficial for projects where the funding needs may vary over time, such as home renovations or car repairs.
  • Monthly Payments. Ensure that the monthly payment amount comfortably fits into your budget. It's important to be able to meet your other financial obligations while repaying the loan, including interest.
  • Credit Requirements. Most lenders prefer borrowers with good to excellent credit scores (usually 670 or higher). However, some lenders may consider individuals with poor to fair credit. While a high credit score doesn't guarantee a lower interest rate, it increases your chances of loan approval. In Fort Wayne, the minimum acceptable credit score is Poor (300 - 579). Tailor your search to lenders offering favorable loan terms based on your credit score.
  • Collateral. While most personal loans are unsecured, meaning they do not require collateral, some loans may require it. Secured loans often come with lower interest rates as collateral reduces the lender's risk. Unsecured loans generally have higher interest rates. If you wish to avoid high interest rates (which can reach up to 36% in Fort Wayne), consider a secured personal loan.
  • Origination Fee. Many lenders charge origination fees in addition to interest charges. The origination fee, also known as the loan origination fee, is usually a percentage of the total loan amount. While the typical origination fee ranges from 0.5% to 1% of the loan amount, the actual amounts may vary among lenders. Choosing a personal loan with lower origination fees can save you money in the long run.

Compare and choose the best personal loan in Fort Wayne

To choose the best personal loan in Fort Wayne, compare the available loan options side by side. This comparison will help you identify a loan with favorable terms that suit your specific financial situation.

LenderAPRLoan AmountLoan termOrigination FeeScore RequiredApply
LightStream
6.49 - 21.99%$5,000 - $100,0002 - 6 yearsNo origination fee.From Fair (580-669) to Fair (580-669)Check rates
On partner's site
Marcus by Goldman Sachs
7.24 - 25.24%$3,500 - $40,0003 - 6 yearsNo origination fee.From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Upstart
5.6 - 35.99%$1,000 - $50,0003 - 5 years10%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Payoff®
8.99 - 29.99%$5,000 - $40,0002 - 5 years5%From Good (670-739) to Excellent (740-799)Check rates
On partner's site
LendingClub
8.3 - 36%$1,000 - $40,0003 - 5 years3 - 6%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
SoFi
8.24 - 23.68%$5,000 - $100,0002 - 7 yearsNo origination fee.From Good (670-739) to Excellent (740-799)Check rates
On partner's site
Avant
9.95 - 35.95%$2,000 - $35,0001 - 5 years4.75%From Poor (300-579) to Excellent (740-799)Check rates
On partner's site
Prosper
7.95 - 35.99%$2,000 - $40,0003 - 5 years2.41 - 5%From Fair (580-669) to Excellent (740-799)Check rates
On partner's site
Best Egg
7.99 - 35.99%$2,000 - $50,0003 - 5 years0.99 - 8.99%From Good (670-739) to Good (670-739)Check rates
On partner's site
OneMain Financial
18 - 35.99%$1,500 - $20,0002 - 5 years$25 - $500From Poor (300-579) to Excellent (740-799)Check rates
On partner's site

Tips to Increase Personal Loan Approval Odds in Fort Wayne

  1. Improve Your Credit. Increasing your credit score is the most effective way to improve loan approval odds. Focus on making timely debt payments, maintaining a low credit utilization ratio, minimizing new credit applications, and disputing any errors in your credit report.
  2. Increase Income. Lenders evaluate your debt-to-income ratio when assessing loan applications. Increasing your income, whether through a raise at your current job or a part-time job, improves this ratio and enhances your approval chances.
  3. Avoid New Debt. Avoid taking on new debt while applying for a personal loan. Lenders view existing debt as a risk factor, so reducing your current debt and avoiding new obligations strengthens your loan application.
  4. Set Realistic Loan Amounts. Requesting larger loan amounts poses higher risk to lenders. While the maximum amount available in Fort Wayne is $500,000, securing such a sum may be challenging. Lenders are more likely to approve smaller loan amounts that are easier to repay. Determine the precise amount you need and request the minimum required sum. In Fort Wayne, the minimum loan amount offered by lenders is typically $100.
  5. Consider Joint Applicants. Exploring the option of a joint applicant or co-signer can enhance your chances of loan approval. Lenders assess the credit scores and incomes of both applicants in a joint application. A reliable joint applicant or co-signer strengthens your financial standing during the loan approval process.

Conclusion

By following all strategies and tips, you can maximize your chances of being approved for a personal loan that suits your financial needs. Borrow responsibly and select a loan that aligns with your budget and repayment capacity.

FAQ

What is the highest interest rate on a personal loan in Fort Wayne, Indiana?

The highest interest rate on personal loan in Fort Wayne is 36%.

What is the biggest loan amount in Fort Wayne, Indiana?

The biggest personal loan amount in Fort Wayne is $500,000.

What credit score do I need to have to get a personal loan in Fort Wayne, Indiana?

To get approved for a personal loan in Fort Wayne you need to have at least a Poor (300-579) credit score.
Myfin TeamMyfin Team

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