Best Egg
US online lender offering fixed-rate unsecured and secured personal loans
Updated · AppBreakup editorial · Web, iOS, Android
Is Best Egg free?
No, it's a paid product
2 alternatives with a free optionSwitch from Best Egg to
All 3
ProsperPaid
Credit KarmaFree
BankrateFree
- Verified facts
- 5 of 5
- Alternatives ranked
- 3
- Approved reviews
- 0
- Visits sent from here
- 0
About Best Egg
Best Egg is a US online lending platform best known for fixed-rate personal loans used to consolidate debt, refinance credit cards or pay for home projects and other large expenses. You check your rate online without a hard credit pull, compare the offers you qualify for, then accept one and receive the money by direct deposit, usually within a few business days. The loans themselves are made by partner banks rather than by Best Egg directly. Besides unsecured loans it offers a secured loan that uses a fixture on your home as collateral in exchange for a lower rate, plus a credit card and free financial-health tools for tracking credit and spending. Costs depend on your credit profile: the APR range is wide and an origination fee is taken out of the loan amount before you receive it, so the cash you get is less than the amount you borrow. It is aimed at borrowers with fair to excellent credit and is available on the web and through iOS and Android apps.
Best for: US borrowers with fair-to-good credit consolidating card debt into one fixed monthly payment.
Pros and cons
What works
- Rate check uses a soft pull, so shopping around doesn't hurt your score
- Secured option can lower the rate for homeowners
- Fixed rates and fixed terms make payments predictable
Why people leave
- Origination fee is deducted from the loan proceeds
- Only available to borrowers in the US
- Top APRs are high for people with weaker credit
Best Egg vs Prosper, Credit Karma and Bankrate
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
| Attribute | Best Egg | Prosper | Credit Karma | Bankrate |
|---|---|---|---|---|
| Pricing | Paid | Paid | Free | Free |
| Verified price | — | — | — | — |
| Free plan | No | No | Free app | Free app |
| Open source | No | No | No | No |
| Self-hostable | No | No | No | No |
| Platforms | Web, iOS, Android | Web | Web, iOS, Android | Web |
Top Best Egg alternatives
See all 3- 1Prosper68.8
Similar $2,000–$50,000 fixed-rate loans with a soft-pull rate check and funding as soon as one business day.
- 2Credit Karma52.6
Free marketplace that shows personal loan offers from many lenders side by side, so you can compare before committing.
- 3Bankrate51.2
Compare personal loan rates and lender reviews across the market before choosing who to apply with.
Why people left Best Egg
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
No switching stories yet. If you moved away from Best Egg, review the app you switched to and tell us why.
Reviews
No approved reviews yet. How we verify reviewers
Write a review of Best Egg
Best Egg: common questions
What is Best Egg?
Best Egg: US online lender offering fixed-rate unsecured and secured personal loans. Best for US borrowers with fair-to-good credit consolidating card debt into one fixed monthly payment. Available for Web, iOS and Android.
Is Best Egg free?
No, Best Egg is a paid product.
Is Best Egg open source?
No, Best Egg is not open source.
What platforms does Best Egg run on?
Best Egg is available for Web, iOS and Android.
What are the best alternatives to Best Egg?
The highest-ranked Best Egg alternatives right now are Prosper, Credit Karma and Bankrate. See the full ranked list for pricing, platforms and verified facts.
Best Egg vs Prosper: what's the difference?
Both Best Egg and Prosper are paid products. Only Best Egg runs on iOS and Android.