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Find the right alternative loan, without the runaround.

Plain-English guides, free calculators, and lender comparisons for personal, business, consolidation, and refinance borrowers.

FOMC Meeting (Q2 rate decision)June 17, 2026
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What kind of loan are you shopping?

Guides, lender comparisons, and tools for every part of the borrowing process — from prequal to payoff.

Getting Started

New to borrowing? Start here.

Personal Loans

Unsecured loan rates and lender picks

Loan Types

Every flavor of alternative loan

Lenders & Tools

Reviews, marketplaces, prequal tools

Applying & Approval

Credit, DTI, prequal, denial fixes

Refinancing & Consolidation

Lower your rate, combine debts

Repayment Strategy

Pay off faster, protect your credit

Niche Guides

Auto, student, business, medical

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The sources we follow for rate moves, lender news, and CFPB rulemaking.

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Calculators built for borrowers

Free, no signup, no email gate — just punch in your numbers.

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Personal loan
Personal Loan Calculator

Estimate the monthly payment, total interest, and payoff date on an unsecured personal loan.

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Personal loan
Loan Payment Calculator

Universal amortization calculator — monthly payment and total interest for any fixed-rate loan.

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Business loan
Business Loan Calculator

Project payments, total cost, and DSCR for a term loan, line of credit, or SBA loan.

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Lenders we actually recommend

Independently reviewed — nobody pays for placement here.

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SoFi Personal Loans
Excellent credit, fast funding

No origination fees, soft-pull prequal in under two minutes, and same-day funding for prime borrowers ($5K–$100K).

From 8.99% APRVisit site →
LightStream
Lowest fixed APRs

Truist-backed online lender with no fees and rate-beat guarantees — strongest rates we see for 720+ credit borrowers.

From 7.49% APRVisit site →
Upstart
Fair credit (640–700)

AI underwriting that weighs education and employment, not just FICO. Prequal in 5 minutes with a soft pull.

From 7.80% APRVisit site →
LendingClub
Debt consolidation

Direct-to-creditor disbursement for consolidation borrowers, plus joint applications for couples paying off debt together.

From 8.98% APRVisit site →
Smart Moves

Three borrower moves that quietly save thousands

Tactics most borrowers leave on the table because no lender flags them.

Debt Consolidation
Collapse five 24% APR cards into one 11% loan

A consolidation loan can cut your blended rate by half. The math is dramatic — calculate what you'd save before applying.

Read the guide →
Early Payoff
$100 extra a month can erase a year of interest

On a typical 5-year personal loan, modest extra principal compounds into thousands of dollars in interest saved. Run the numbers.

Early Payoff Calculator →
Refinance Timing
Refinance windows open after every Fed cut — and most borrowers miss them

Alt-lender rate sheets reprice within 30 days of an FOMC decision. Knowing the calendar means catching the rate, not the rebound.

Refinance Calculator →
See all refinance & consolidation guides →
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Loan TypesLine of Credit vs Installment Loan: Which Should You Choose?Confused by lines of credit versus term loans? Learn how each works, what they cost, and which fits your cash-flow needs...Personal LoansWedding Loans: Should You Borrow for the Day?Thinking about a wedding loan? Learn how personal loans work for weddings, what they cost, which lenders offer the best ...Getting StartedFixed vs Variable Rate Loans: Which Is Right for You?Fixed-rate loans lock your APR for the entire term. Variable-rate loans fluctuate with market benchmarks. Learn which fi...Loan TypesCash Advance Loans and Their True CostCash advance loans carry APRs of 25–400%+ and fees that start accruing immediately. Understand how they work, what you'l...Getting StartedOrigination Fees: Why They Matter More Than the RateOrigination fees can add hundreds or thousands to your loan cost. Learn how to compare APR vs. interest rate, decode fee...RefinancingClosing Costs on a Refinance: What's Negotiable and What Isn'tRefinance closing costs average 2–5% of the loan amount. Learn which fees are negotiable, what you can't change, and how...
New to borrowing

Your first loan, the credit factors that matter, and how to compare offers — all in one place

A starter path for first-time borrowers: how credit and DTI drive your rate, how to prequalify without a hard pull, and how to read a truth-in-lending disclosure.

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Alternative Loans provides free educational information about alternative loans. We are not a lender, loan broker, or licensed financial advisor. Nothing on this site is a loan offer or professional advice. Confirm rates, fees, and eligibility directly with the lender before borrowing.