How do Best Egg loans work?

Keep reading to find out: How it works, fees, loan amounts, and much more.

Best Egg is one of the top online lenders offering loans to customers with fair to excellent credit score.

This customer lender offers fixed-rate loans, low-interest, a fast and easy loan process, and you can borrow up to $50,000.

See below for more information about it.

On personal loan page

How do Best Egg loans work?

Best Egg offers secured and unsecured personal loans for borrowers with fair to excellent credit. It comes with decent interest rates and borrowers can use them for whatever purpose they see fit, so you can consolidate debt, refinance credit cards, or cover large expenses.

Best Egg loans come with fixed interest rates and payments that allow you to repay your loan over a set period.

Also, most borrowers get the money within one day of approval. Therefore, if you are in need of quick funding, Best Egg loans can be a great choice.

How much can I borrow with Best Egg?

It is possible to get loans between $2,000 to $50,000 and repayment terms are from three to five years.

Does it have fees?

• Loan amounts: $2,000 to $50,000
• APR range: 99% to 35.99%
• Minimum credit score: 600.
• Loan terms: 3 to 5 years
• Fees: Origination (0.99% – 8.99%) / Returned check fee ($15).

How to qualify for a Best Egg loan?

There are many factors to qualify for a Best Egg personal loan, however, there are factors that are crucial that can determine whether you will get the loan or not. Check out below some of them:

• Must provide a valid U.S. address and Social Security number.
• Employment: Must provide proof of income.
• Minimum credit score: 600.
• Minimum debt-to-income ratio: 40%, or 65% with a mortgage.

How to apply for it?

First of all, you will have to access Best Egg’s website, then you will be asked for some information, as such:

• Contact and personal information;
• Loan purpose, term, and amount;
• Payment method;
• Employment information.

After that, you will be able to see the best loan options for you, and once you decide what works best for your needs, you will be able to pre-qualify for Best Egg loans.

How long does it take to be approved by Best Egg?

The approval process can take 1-3 business days. In some cases, customers can be approved the same day, but most of them have to wait a few days.

Frequently asked question:

How many best egg loans can you have?

Borrowers can have two Best Egg loans at one time.

Who is Best Egg owned by?

Best Egg is owned and operated by Marlette Holdings, Inc.

Does Best Egg require collateral?

It does not. Best Egg does not require collateral.