Best Egg Personal Loan Review (2026)
Best Egg is an online lender headquartered in Wilmington, Delaware, that specializes in personal loans for good-to-excellent credit borrowers. The company is known for fast approvals (often within one business day) and competitive APRs for FICO 640+ borrowers. Best Egg is funded by Cross River Bank and Evolve Bank & Trust and operates in most U.S. states. It charges an origination fee of 0.99–8.99% but no prepayment penalty.
Pros and cons
Pros
- Fast approval, often same or next day
- Competitive APRs for 640+ borrowers
- No prepayment penalty
- Secured personal loan option (uses home fixtures as collateral)
Cons
- Origination fee 0.99–8.99%
- Shorter maximum term (60 months) than some lenders
- Not available in Iowa, Vermont, or West Virginia
Best Egg — common questions
What credit score does Best Egg require?+
Best Egg lists a minimum credit score of 600 FICO. In practice, borrowers with 640+ credit scores receive the most competitive APRs. Borrowers with scores below 620 may see approval rates lower and APRs closer to the 35.99% ceiling.
How fast does Best Egg fund loans?+
Best Egg typically provides an approval decision within one business day. Once approved and documents verified, funds are deposited as fast as the next business day.
Does Best Egg have an origination fee?+
Yes. Best Egg charges an origination fee of 0.99–8.99%. The fee is deducted from your loan proceeds at disbursement.
What is Best Egg's secured personal loan?+
Best Egg offers a secured personal loan that uses household fixtures (not real estate) as collateral. This option may offer lower APRs for borrowers who qualify but are willing to put up assets.
Alternatives to Best Egg
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Editorial disclosure: This review is prepared by Get Advance Loan’s editorial team and is independent of the reviewed lender. Get Advance Loan is a free loan marketplace and may receive compensation from lender partners when users accept loan offers through our platform. This compensation does not influence our editorial assessments. All rate data is sourced from the lender’s public disclosures and is accurate as of June 2026. Verify current rates directly with Best Egg before applying.