PrimeRates provides access to personalized loan offers through our simple and quick pre-qualification application. Once you’re pre-qualified, you can select the best offer for you and finalize the loan application with the lender.
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Simple pre-qual application in less than 1 minute.
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Choose the offer that best fits your needs.
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Finalize your loan offer, get approved, and receive funds.
A $40,000 personal loan can help cover expenses ranging from medical bills and car repairs to home improvements and debt consolidation. Many lenders offer quick online applications with funding as fast as the next business day.
Compare your options below to find the best rate and terms for a personal loan of $40,000.
These lenders offer personal loans that include $40,000 in their available range.
| Lender | APR range | Max. loan | Min. credit |
| SoFi | 7.99% – 29.99% | $100,000 | 680 |
| LightStream | 7.49% – 25.49% | $100,000 | 660 |
| Upgrade | 6.94% – 35.97% | $50,000 | 580 |
| Marcus | 6.99% – 24.99% | $40,000 | 660 |
| Best Egg | 8.99% – 35.99% | $50,000 | 640 |
At 10% APR with a 60-month term, your monthly payment on a $40,000 loan would be approximately $848. Your actual payment depends on your APR and chosen term length.
Yes. Lenders like Upgrade (580+ score), Upstart (AI-based, no strict minimum), and OneMain Financial (no minimum) work with borrowers who have lower credit scores. Rates will be higher, but approval is possible.
Many online lenders offer same-day or next-business-day funding after approval. LightStream offers same-day funding, while Upgrade, Best Egg, and Upstart typically fund by the next business day.
SoFi offers loans up to $100,000 with no fees and member benefits including unemployment protection.
LightStream offers same-day funding, no fees, and a Rate Beat program.
Marcus charges zero fees — no origination, prepayment, or late fees.
Best Egg has funded over $24 billion in loans with next-day funding.
Upgrade accepts credit scores as low as 580 and offers loans starting at just $1,000 with next-day funding.
The 10-year Treasury yield fell 17 basis points to 4.96% on October 22, its largest one-day drop since August 2024 and its first close below 5% in a month.
The one-year Treasury yield reached 4.50% on October 19, a full 50 basis points above the Fed’s 4.00% ceiling, pricing two more hikes before the October 28 FOMC vote.
Treasury auctions $13 billion of the 5-1/8% bond due August 2046 on October 21, with the 20-year yielding 5.53% against 5.48% at 30 years.
China’s U.S. Treasury holdings fell to $590.7 billion in August, the lowest since August 2008, while Britain topped $1 trillion and official accounts kept selling.
Federal debt held by the public reached $32.538 trillion on October 15, the first reading above $32.5 trillion on record, after $391 billion of Treasury auctions settled that day.
Fed Chair Kevin Warsh declined to signal the October 28 vote during Friday remarks in Bangkok, his last comments before the FOMC communications blackout began October 17.