The listings featured on this site are from companies from which this site receives compensation. This influences where, how and in what order such listings appear on this site.


How We Calculate Rating

Ratings on Trusted Company Reviews are given by experts in that particular industry. Our experts monitor the brand closely and then give the brand a rating which you can trust.

Our rating score is based on 10 Points and a Five-Star shown alongside the score to easily understand the rating.

We frequently update the ratings of all brands so that you don’t choose a brand by their old  ratings.

Advertiser Disclosure offers free content, reviews and ratings for consumers to read, aimed at helping them compare their options. We may receive advertising compensation from companies featured on our website, influencing the positioning and sequence in which brands (and/or their products) are displayed, as well as affecting the assigned ratings. Please note that the inclusion of company listings on this page does not constitute an endorsement. We do not feature all available providers in the market. With the exception of what is explicitly outlined in our Terms of Service, we disclaim all representations and warranties regarding the information presented on this page. The details, including pricing, displayed on this site may undergo changes at any time.

Top Personal Loans - Iowa

The best personal loans in Iowa may not be what you’d expect. Traditional financial institutions have been the go-to for borrowing cash. However, times have changed, and so have financing options. Personal loans, as well as small business, home equity, auto, and just about any other borrowing choice you can think of, are now available without having to visit a brick-and-mortar bank location.

Additionally, online lending companies tend to offer some benefits that traditional lenders typically don’t. Instant pre-approvals and allowing customers to choose from a large menu of borrowing options are all part of the new normal. Personal and other loan terms from online lenders generally follow the same principles as traditional borrowing. However, there are some things to keep in mind to protect yourself from potential trouble

To help you take advantage of the best online loan rates and terms available, we’ve evaluated a long list of the top companies. We then listed the best personal loans, including the best personal loans for bad credit in Iowa here, along with information to help you decide which is best for your situation.

Deane Biermeier
Home Product and Financial Expert

Why trust Trusted Company Reviews

  • Comprehensive review rating system.
  • We work closely with consumers and experts to create editorial ratings.
Our process aggregates a company or product's market share, reputation, service, values, consumer interest, pricing, fees and features to generate a fair rating and comprehensive review. Some of our Trusted Experts who write reviews have appeared in U.S. News & World Report, Forbes, and many other publications.

Trusted Company Reviews #1 Pick for 2024

Top Personal Loans, Iowa Company
  • Pre-qualify without affecting your credit score
  • Many lending companies and financial products available
  • Some lenders have no minimum credit score requirements

Why we love it 💖

Credible offers numerous loan options from many lenders with surf-inquiry pre-approvals that won’t affect your credit score.

Our Highest Rated Personal Loans, Iowa Companies

9.5 Excellent

  • Loans from $600 to $100,000 available
  • 12-year loan terms available
  • Origination fees may apply for some lenders
  • Many lenders on the platform require no minimum credit score
9.2 Great

  • Partners with more than 500 lenders
  • Loans available as small as $1,000
  • 12-year loan terms available
  • Banking and other financial services are also available
  • A+ grade at the BBB
9.1 Great

  • Great for customers with short credit histories
  • Funding available in as little as 24 hours
  • Flexible payment-date options
  • No minimum credit score needed
  • Pre-qualify without affecting credit score
8.7 Very Good

  • Other banking and borrowing services are available
  • Consolidation loans can include direct creditor payments
  • Flexible payment date choices
  • Repayment terms between 2 and 5 years
  • Co-signers accepted
Check Rates

Via's website

8.6 Very Good

  • Choose your best payment date option
  • Early payment fees don't apply
  • 12 to 84-month terms
  • Banking and credit lines are also available
  • No application fees

The Best Personal Loans – Iowa

Trusted Company Reviews Rating Loan Amounts Min. Qualifying Annual come Min. Qualifying Credit Score Best For
Credible 9.5 $600 to $100,000 Varies by Lender None Overall
Lendingtree 9.2 $1,000 to $50,000 Varies by Lender 580 Best Borrowing Options
Upstart 9.1 $1,000 to $50,000 $12,000 None Best for Short Credit Histories
LendingClub 8.7 $1,000 to $40,000 Nondisclosed 600 Best for Additional Services
Upgrade 8.6 $1,000 to $50,000 Nondisclosed 580 Best for Repayment Flexibility

How Do Online Companies Provide the Best Personal Loans in Iowa?

Online lenders, also known as fintech lenders, provide a wide range of banking and borrowing service options. Bank accounts, personal loans, debt consolidation, business loans, auto and boat loans, peer-to-peer lending, and home loans are all available online, where traditional banks used to be the only option.

Typically, the best personal loan lenders and the best debt consolidation companies that operate strictly or mostly online can offer benefits even beyond the convenience of not having to leave home to apply for or receive a loan. While some online lenders also act as lending institutions, many don’t. Instead, online loan marketplaces allow borrowers to shop around for the best deals from institutions that provide the funding.

With fewer costs and more specialized abilities, online lenders can provide better flexibility regarding who can borrow, how much, and for what purposes. They can often approve loans for borrowers who may not otherwise qualify for a loan from a traditional lender.

Additionally, online lenders normally provide a simple application process, often including pre-qualifying for your financial product. Pre-qualifications are generally not subject to hard credit inquiries and therefore, don’t affect your credit score or appear on future inquiries. Pre-qualification also allows the lenders to offer several borrowing options to choose from.

Features of the Best Personal Loans In Iowa

At first glance, online lending can appear either daunting or perhaps a little too easy. . Modern advertising methods are great at attracting customers but don’t always provide much product details.

While online lenders generally offer unique product selections, most fintech companies are quite similar in nature. On that note, there are some features to look for to start sorting through all the hype. The best personal loans in Iowa generally offer versions of the following aspects.

  • Easy and intuitive application process
  • Pre-qualifying that won’t affect your credit score
  • Rapid funding after approval
  • Reasonable approval requirements
  • Acceptable borrowing costs.
  • Flexible payment terms and options

Qualifying for Personal Loans: Iowa

Every personal loan provider in Iowa will have some kind of minimum eligibility and approval requirements. Some are based on credit scores while many rely on other criteria, such as income level and bank records. Typically, as in traditional lending, the strength of a customer’s borrowing capacity depends on several factors and will affect the interest rates and other repayment factors.

While online loans are easy to apply for, there are some basic minimum approval requirements that most lenders share in Iowa.

  • Minimum credit score determined by each lender—Many lenders have no minimum requirement.
  • Lenders that don’t require a credit score may use AI to determine eligibility.
  • Stable income—Some lenders have minimum requirements
  • No recent bankruptcies
  • Bank account for most loans
  • Proof of identification and address

Pros and Cons of Online Personal Loans, Iowa

Understanding the pros and cons of borrowing from one of the best personal loan lenders in Iowa is essential for protecting your financial well-being. While online lending is simple, fast, and convenient, it may not be the best option for every borrower.


  • Good loan management can help to improve a poor credit score.
  • Debt consolidation can reduce monthly payments and streamline budgeting.
  • Many online lenders offer pre-qualifications that won’t affect your credit score.
  • Many lenders offer flexible repayment terms and even dates.


  • Interest rates are often higher than some traditional borrowing options.
  • Loan origination and other fees may apply with some lenders
  • Late payments can negatively affect credit scores
  • The initial application will temporarily impact your credit score.

How to Choose the Best Personal Loans: Iowa

Because of the large number of available online lenders, choosing the best personal loan provider in Iowa may seem overwhelming.

Identifying your borrowing needs and capacity before diving in can help you choose the right personal loan platform or provider. To get started, identify the answers to these financial questions.

  • How much do I need to borrow, or what financial product do I need?
  • Do I meet the minimum qualifications for approval with the lender I’m considering?
  • How much will borrowing cost, and can I afford the monthly payments now and in the future?
  • Will my payment be significantly lower if I’m consolidating debt?
  • Do I need a personal loan for bad credit in Iowa?
  • Can I put off getting a loan until I can improve my credit score to save interest money?

Which Are the Best Personal Loans In Iowa?

The best personal loan provider in Iowa based on our research is Credible. Our criteria place Credible at the top of the list in nearly every category. However, the indicators we use may not apply as well to your personal financial needs. Therefore, the best option for you may be another company on our list.


Best Overall

Credible tops our list of the best personal loan providers in Iowa. As an online lending platform and not a lending institution, the company works with multiple organizations to provide a wide range of borrowing and financial product choices.

Borrowers in Iowa pre-qualify when using Credible without affecting their credit scores. Additionally, Credible customers can choose from several borrowing offers before formally applying for a loan or other financial service.

Credible Pros and Cons


  • Platform is free to use
  • Pre-qualifying won’t affect credit score
  • Loan terms of up to 12 years
  • Many lenders require no minimum credit score


  • Borrowers with poor credit can face high APRs of up to 36%
  • Some lenders have relatively low customer satisfaction ratings

Credible Features and Benefits

Credible is a leader in providing financial tool options simply by offering numerous products that meet the needs of many types of customers. Personal loans for bad credit in Iowa are even available. The company’s marketplace structure allows customers to choose the best option for their situation.

  • Pre-qualify without affecting credit score
  • No fees for using Credible
  • Large selection of companies and financial products available
  • No minimum credit score necessary for some lenders
  • A+ grade at the BBB
  • Loan amounts from $600 to $100,000
  • Terms of up to 12 years
  • Fees and eligibility vary by lender

Credible Editorial Rating

Trusted Company Reviews Rating Score for Credible: 9.5
Review ratings from multiple platforms give Credible an average of 4.4 out of 5 stars. Our company evaluation returned the same general findings and produced a score of 9.5 out of 10 possible points.

Credible earned points for its ability to provide a wide range of products to a large number of consumers. Its ability to allow customers to choose from a variety of borrowing choices, including options for those with less-than-great credit, also scored well in our review.

Read Full Review: Credible

Loan Amounts $600 to $100,000
Terms (Months) 12 to 144
Origination Fee Varies by Lender



Best Borrowing Choices

Lendingtree stands apart from typical lenders and providers of personal loans for bad credit in Iowa. The company’s online financial marketplace features a virtual menu of borrowing and banking products and options. Lendingtree partners with over 500 lending partners to provide a huge selection of various financial products, many of which are obtainable by those with underwhelming credit scores.

Lendingtree Pros and Cons


  • Partners with 500+ lending organizations
  • Wide range of loan terms of up to 12 years
  • Banking and other products are also available


  • Maximum borrowing amount of $50,000
  • Potential for high APR of nearly 36% for some borrowers

Lendingtree Features and Benefits

As one of the best online lending companies, Lendingtree offers a long list of features and benefits related to its personal loan, debt consolidation, and other financial products.

  • Partners with more than 500 lending companies and organizations
  • Graded A+ at the BBB
  • Offers lending, banking, and other products
  • No hard credit inquiry during pre-qualification
  • Choose from multiple borrowing options from various lenders
  • Offers free credit score monitoring
  • Peer-to-peer lending available for some borrowers
  • 580 minimum credit score is necessary for some services
  • Several lenders allow co-signers
  • Fees vary by lender

Lendingtree Editorial Rating

Trusted Company Reviews Rating Score for Lendingtree: 9.2

A prominent feature that Lendingtree offers to those with imperfect credit is the ability to add a co-signer to help qualify them for some of its loan products. Of course, approval will still depend on the partner company involved. In our review, Lendingtree earned additional points for offering that feature. For borrowers with fair or poor credit, having a cosigner option can fetch a better interest rate and better loan terms overall.

Read Full Review: Lendingtree

Loan Amounts $1,000 to $50,000
Terms (Months) 12 to 144
Origination Fee Varies by Lender



Best for Short Credit Histories

Upstart is our top pick for those with short credit histories that are often associated with lower credit scores and personal loans for bad credit in Iowa. Upstart’s list of features also includes the ability to choose your payment dates, no minimum credit score, and pre-qualifying that won’t appear on your credit report or affect your score.

Upstart Pros and Cons


  • Options for those with short credit histories
  • 24-hour funding is often available
  • Flexible payment dates
  • No minimum credit score requirements


  • Origination fees may apply
  • No discounts for autopayments
  • Cosigners not accepted

Upstart Features and Benefits

Upstart offers services to a wide range of customers in various financial situations. Many individuals with lower credit scores also contend with short credit histories, making it even more difficult to get approval for an unsecured personal loan. Upstart can often work with borrowers in tricky situations and doesn’t automatically refuse service on that basis alone.

  • Borrowing options for those with short credit histories
  • Uses AI to determine creditworthiness
  • No minimum credit score to hit
  • Pre-qualifying doesn’t affect credit score
  • Funds often available in a single day
  • Payment date flexibility options
  • Consolidation loans can feature direct creditor payments
  • Loan Amounts of $1,000 to $50,000
  • Loan terms or 36, 60, or 84 months

Upstart Editorial Rating

Trusted Company Reviews Rating Score for Upstart: 9.1
While Upstart offers some of the best personal loans in Iowa, the company dropped a few points in our review for its limited loan-length terms, the potential for origination fees, and lack of autopay or other discounts.

However, the company scored well in many other areas, including requiring no minimum credit score, offering payment date flexibility, and providing the potential ability to overlook a short credit history.

Read Full Review: Upstart

Loan Amounts $1,000 to $50,000
Terms (Months) 36,60, and 84
Origination Fee 0% to 12%



Best Additional Services

LendingClub provides some of the best personal loans in Iowa. Additionally, during our research, we learned that LendingClub also offers online banking services, including bank account availability and credit line borrowing. The company also scores well among its customers for allowing cosigners and providing payment date flexibility. LendingClub is another excellent option for potentially obtaining personal loans for bad credit in Iowa.

LendingClub Pros and Cons


  • Bank accounts and other services are available
  • Cosigners accepted
  • Flexible payment dates


  • Offers only two payment term options
  • Origination fees of 3% to 6% apply
  • No rate discount for autopayments

LendingClub Features and Benefits

By offering joint borrowing for customers with lower credit scores, LendingClub customers with a cosigner can realize a lower interest rate and better terms than their single credit score might allow.

  • Minimum credit score of 600 required for eligibility
  • Loans typically funded in one week or less
  • Payment date flexibility options
  • Cosigners allowed
  • Online application and approval
  • Deposit, banking, and credit line accounts are also available
  • 24 to 60-month borrowing terms
  • Loan origination fees apply

LendingClub Editorial Rating

Trusted Company Reviews Rating Score for LendingClub 8.7

LendingClub stands out in our review for multiple reasons. Providing the potential for flexible payment dates and the ability to add a cosigner are just the beginning. LendingClub also provides options for banking and other financial services to help consolidate accounts through a single source, making it more appealing to a wider audience. On the other hand, the company lost points for charging origination fees for personal loans.

Read Full Review: LendingClub

Loan Amounts $1,000 to $40,000
Terms (Months) 24 to 60
Origination Fee 3% to 6%


Best for Payment Flexibility

Upgrade features excellent personal loan and debt consolidation payment options. By offering customers several loan-length choices from one to seven years, allowing cosigners, and providing flexible payment dates, the company also makes finding one of the best personal loans for bad credit in Iowa easy.

Upgrade Pros and Cons


  • Payment date flexibility available
  • Credit lines and cards are also available
  • Cosigners allowed


  • Autopay discount not available
  • Origination fees may apply
  • $10 late payment fees

Upgrade Features and Benefits

Among Upgrade’s multiple features and benefits, the company also provides a selection of credit card options and other banking tools for borrowers in a wide demographic.

  • 12 to 84-month loan repayments
  • $1,000 to $50,000 loan amounts
  • Autopay discounts unavailable
  • Origination fees apply
  • Mobile app availability
  • A 580 credit score is necessary for eligibility
  • Accepts joint applicants
  • Deposit accounts and credit lines are also available

Upgrade Editorial Rating

Trusted Company Reviews Rating Score for Upgrade: 8.6

Upgrade scored points with our research team for its flexible personal and debt consolidation payment terms, along with other benefits. However, we deducted points from Upgrade for charging origination fees and not offering autopay discounts.

Read Full Review: Upgrade

Loan Amounts $1,000 to $50,000
Terms (Months) 24 to 84
Origination Fee 1.85% to 9.99%


Frequently Asked Questions

These are some of the most common questions surrounding personal loans for bad credit in Iowa

What credit score is needed for a personal loan?

Depending on your lender or online marketplace, you may not need a credit score at all to qualify for some personal loan options. However, loans of this nature tend to be more expensive in terms of APR than loans obtained using a high credit score. Typically, a minimum credit score of 580 is necessary for most lenders to start considering loan approval.

What are the easiest loans to get approved for?

Perhaps the easiest place to get a personal loan in terms of not having to prove your creditworthiness is at a payday loan lender. However, these businesses are often predatory and can cost far more than they are worth in terms of assisting you financially. Some payday lenders have been found charging over 400% interest to vulnerable borrowers.