Emergency Loans: What They Are and How to Get Them

Emergency loan lenders with fast funding

Get Personalized Rates



Alliant Credit Union

 Great credit union for emergency loans
Alliant Credit Union offers unsecured personal loans at competitive interest rates, depending on the loan length:

  • 6.24% APR for 12-month loans
  • 7.24% APR for 24-month loans*
  • 9.24% APR for 48-month loans*
  • 10.24% APR for 60-month loans

To borrow a personal loan from Alliant, you’ll have to become a member. Fortunately, membership requirements for this credit union are fairly relaxed. If you don’t work or live in an eligible area, you can still join by becoming a member of the nonprofit Foster Care to Success.

*APR accurate as of 10/13/2021


Best Egg

 Great overall emergency loan
Best Egg is a good choice for emergency loans because this lender works with borrowers of a variety of credit histories. Plus, Best Egg offers same-day funding, which can be critical if you need money in an emergency situation.

To qualify for the lowest available APR of 5.99%, borrowers must have a FICO Score of at least 700 and a minimum annual income of $100,000.

Best Egg reviews page
Read all customer reviews

Read all customer reviews




 Great emergency loan for fair credit
While LendingPoint charges the highest minimum APR on this list, it is the only lender that considers borrowers with subprime credit. Still, if you need emergency funding fast, you might try your other options, such as a credit union loan or a secured loan, before borrowing through LendingPoint.

If you don’t have the credit necessary to get a reasonable APR, you could also consider enlisting the help of a cosigner, but you’ll have to look elsewhere, as LendingPoint doesn’t allow cosigners.



 Great emergency loan for excellent credit
LightStream offers competitive APRs for borrowers with excellent credit. If you’ve found yourself in an emergency situation and you need money now — but you still have a good credit score — then you might consider borrowing from LightStream.

One drawback is that, unlike many of the other lenders on this page, LightStream doesn’t let you estimate your APR and other loan terms with a soft credit check. You’ll have to submit to a hard credit inquiry, and there’s no guarantee you’ll be eligible for a LightStream loan.

LightStream reviews page
Read all customer reviews

Read all customer reviews




 Best emergency loans for borrowers without an established credit history
Upstart factors in your education and job history in addition to your credit history when determining eligibility and APR. This makes Upstart a good choice for people who have a less established credit history, but who have a college degree or a stable job.

Upstart charges an origination fee of 0.00% – 8.00% of the loan amount, which is a definite drawback.

Upstart reviews page
Read all customer reviews

Read all customer reviews