Best Egg debt consolidation loan, reviewed
Best Egg lends $2,000 to $50,000 on 3 or 5 year terms. Its rates, its fee and who it suits, from Best Egg’s own terms.
$359 to $594 a month with Best Egg on $15,000 over four years
$489 a month to clear the same $15,000 on 24% cards in four years
| APR range | 6.99% to 35.99% |
|---|---|
| Loan sizes | $2,000 to $50,000 |
| Terms | 36 or 60 months |
| Fee | Origination fee up to 9.99% |
| Bank average, 24-month loans | 11.9% |
A Best Egg debt consolidation loan replaces several card payments with one fixed payment. Its fee can reach 9.99% and comes out of the loan, so borrow enough to clear every card.
Below are its rates, sizes and fees from its own disclosure, and who it suits.
Rates and loan sizes
Best Egg lists fixed APRs from 6.99% to 35.99% (Best Egg). It lends from $2,000 to $50,000.
Its terms are 36 or 60 months. So compare one offer on 3 years and one on 5 years.
Credit score needed
Best Egg publishes no score minimum. Its range does not tie a score to a rate.
This review sets no approval odds.
Fees
Best Egg’s origination fee runs up to 9.99%, taken out of the loan before you get it (Best Egg).
On $10,000, a 9.99% fee leaves you $9,001. You still repay the full $10,000 plus interest.
How the money reaches your cards
Because the fee comes off the top, the money that reaches you is smaller than the loan. Size the loan so every card still clears.
Who the Best Egg debt consolidation loan fits
It fits a borrower with $2,000 to $50,000 of card debt who is happy with a 3 or 5 year term.
It is a poor pick if a no-fee lender offers a similar APR.
Complaints about Best Egg are public in the CFPB database: 262 personal loan complaints under Marlette Funding.
Other choices
Put a Best Egg offer next to two others before you sign. The best loans page lists all 16 lenders with their fees.
Run the offer through the debt consolidation calculator to see the payment next to what your cards cost.Compare Best Egg with
Lender APR Loan sizes Fee 
PenFed6.39% to 17.99% Up to $50,000 No origination fee 
LightStream9.99% to 23.94% with autopay $5,000 to $100,000 No origination fee 
Discover6.99% to 24.99% $2,500 to $40,000 No origination fee 
Wells Fargo6.74% to 26.74% $3,000 to $100,000 No origination fee 
SoFi6.99% to 35.49% $5,000 to $100,000 Optional fee of 0% to 7% 
LendingClub5.96% to 35.99% $1,000 to $75,000 Origination fee of 0% to 8% 
Reach Financial5.99% to 35.99% $3,500 to $40,000 Origination fee of 0% to 8% 
Achieve6.25% to 35.99% $5,000 to $50,000 Origination fee of 1.99% to 9.99% 
Upstart6.3% to 35.99% $1,000 to $75,000 Origination fee, 8.15% in Upstart’s own example loan 
Upgrade7.74% to 35.99% $1,000 to $50,000 Origination fee of 1.85% to 9.99% 
Happy Money8.95% to 35.99% $5,000 to $50,000 Origination fee set by amount, term and credit 
Prosper8.99% to 35.99% $2,000 to $50,000 Origination fee of 1% to 9.99% 
Avant9.95% to 35.99% $2,000 to $35,000 Administration fee up to 9.99% 
Universal Credit11.69% to 35.99% $1,000 to $50,000 Origination fee of 5.25% to 9.99% 
OneMain Financial11.99% to 35.99% $1,500 to $30,000 Flat $25 to $500, or 1% to 10%, by state
Related topics
About this lender
What are Best Egg’s rates?
Best Egg lists fixed APRs from 6.99% to 35.99%.
Does Best Egg charge an origination fee?
Yes, up to 9.99%, taken out of the loan before you receive it.
What terms does Best Egg offer?
36 or 60 months, on loans of $2,000 to $50,000.
Check your Best Egg offer today
You hold a Best Egg offer, or you are about to apply. The fee and the term change what it really costs. Call and a specialist goes through the offer line by line against your cards.