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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.

Deadline watch
FOMC Meeting (Q3 rate decision)
September 16, 2026
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✓  Independently reviewed✓  No paid placement✓  Free calculators, no email gate✓  Not a lender
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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.

01Getting StartedNew to borrowing? Start here.02Personal LoansUnsecured loan rates and lender picks.03Loan TypesEvery flavor of alternative loan.04Lenders & ToolsReviews, marketplaces, prequal tools.05Applying & ApprovalCredit, DTI, prequal, denial fixes.06RefinancingLower your rate, combine debts.07Repayment StrategyPay off faster, protect your credit.08Niche GuidesAuto, student, business, medical.
Calculators built for borrowers

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Personal Loan Calculator
Drag to estimate your monthly payment and total interest.
$20,000
$1K$100K
12.0%
4%36%
48 mo
12 mo84 mo
Estimated monthly payment
$527
Total interest$5,280
Total of payments$25,280
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Estimates only. Confirm rates, fees, and eligibility directly with the lender.
More calculators:Debt consolidation·APR vs interest rate·Affordability & DTI·Refinance break-even·Early payoff·Business loan & DSCR
Lenders we actually recommend

Independently reviewed. Nobody pays for placement.

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SoFiExcellent credit

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

Visit site →
LightStreamLowest APRs

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

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UpstartFair credit

AI underwriting that weighs education and employment, not just FICO. Soft-pull prequal in five minutes.

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LendingClubConsolidation

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

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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% 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.

Early payoff calculator
Refinance Timing

Refinance windows open after every Fed cut

Alt-lender rate sheets reprice within 30 days of an FOMC decision. Knowing the calendar means catching the rate.

Refinance calculator
Worth reading right now

From the guides

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Applying

How to Prequalify for a Personal Loan Without a Hard Pull

Prequalifying for a personal loan lets you see rates and terms with only a soft credit pull that won't hurt your score. Learn which lenders offer it and how it works.

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Refinancing

Should You Refinance Now? A Break-Even Walkthrough for 2026

Learn how to calculate refinance break-even in 2026. Walk through closing costs, monthly savings, and real examples to decide if a refi pays off.

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Refinancing

Best Personal Loans for Debt Consolidation in 2026

Compare the best debt consolidation loans for 2026. Learn which lenders offer the lowest APRs, how to qualify, and when consolidating credit card debt saves money.

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Personal Loans

Where Loan Rates Are Heading After the Latest FOMC Meeting

The Federal Reserve's latest FOMC decision directly impacts personal loan rates. Learn how policy shifts affect your borrowing costs and when to lock in rates.

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Loan Types

Merchant Cash Advances and Why Small Businesses Often Regret Them

Merchant cash advances offer quick funding but come with sky-high effective APRs—often 40-350%. Learn why businesses regret MCAs and what to use instead.

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Getting Started

What Lenders Actually Verify on Your Application

Lenders verify identity, income, employment, credit, debts, and assets before approving your loan. Here's the full checklist and how to prepare for it.

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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.