Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). In some cases, we receive a commission from our partners; however, our opinions are our own.
While Chase Bank is one of the largest US banks with a wide range of financial services and products, it does not offer personal loans. If you're looking for a personal loan, you may qualify for one of the best personal loans from another bank, credit union, or online lender.
We've rounded up some alternatives to Chase that you can consider if you're in the market for a personal loan.
Personal Loans From Banks Other Than Chase
Although Chase doesn't offer unsecured personal loans, many of the other largest brick-and-mortar US banks do. If you're looking for a personal loan and prefer to work with a traditional bank, consider these:
US Bank Personal Loans
A US Bank personal loan could be a good choice if you're an existing customer and want to take out a personal loan from the same institution where you already do your banking. The bank offers perks to its existing customers, including funding time as short as a few hours.
You can borrow as little as $1,000 from
Citi Personal Loans
Citi personal loans have competitive interest rates and no origination fees. They may be among your best choices if you have excellent credit. You'll need to have a Citi deposit account open for at least 12 months, as well as an annual income of at least $10,500, to qualify for a Citi personal loan.
Citi personal loan amounts range from
Wells Fargo Personal Loans
A Wells Fargo personal loan could be a good choice if you need a large amount of cash. It offers loan amounts ranging from
Instead of the more common auto-pay discounts offered by lenders to anyone who sets up automatic payments on their loans, Wells Fargo offers discounts to current customers who pay their loans through their consumer checking accounts.
Credit Union Personal Loan Alternatives to Chase
Borrowing from a credit union instead of a bank offers some advantages. The National Credit Union Administration caps interest rates at 18%. If you don't have a great credit score, you could get a lower interest rate from a credit union than a bank. You're also more likely to find smaller loan amounts available at credit unions.
These are some of the best credit unions for personal loans:
Service Credit Union Personal Loan
Service Credit Union may approve you within 24 hours of receiving your application, so it could be a good choice if you need a quick personal loan for fast cash. However, with a range from
You can take out a loan for
PenFed Credit Union Personal Loan
With an APRs ranging from
You have to be a member to get a PenFed loan. You can join by simply opening a savings account with a $5 minimum deposit.
Alliant Credit Union Personal Loan
An Alliant Credit Union personal loan could be a good choice if you have excellent credit and are looking to get your money as soon as the same day. However, with a range of
Alliant offers debt protection for its loans. For a small fee, you can cover death, disability, and involuntary unemployment, protecting you from unexpected events that may make you unable to pay back your loan.
Online Personal Loan Alternatives to Chase
Online personal loans offer interest rates, terms, and other features that are competitive with those you can get on loans from a bank or credit union. However, the process of getting one is completely online. Therefore, you won't be able to get the kind of in-person assistance you would find at brick-and-mortar lenders.
These are some of the best online loans to consider if you're looking for an alternative to a Chase personal loan:
LightStream Personal Loan
LightStream offers some of the lowest rates on personal loans available to borrowers with excellent credit scores. Its APRs range from
LightStream is one of the best debt consolidation loan companies and offers some of the best home improvement loans thanks to its low minimum APRs.
SoFi Personal Loan
SoFi personal loans can be a great choice if you have a high credit score. They come with perks like unemployment protection, and no fees are required. However, with a range of
SoFi's APRs range from
Avant Personal Loan
An Avant personal loan could be right for you if you have a lower credit score and need to receive your loan money quickly. You'll generally get your funds the day after your application is approved.
Avant offers some of the best personal loans for bad credit. But remember, the lower your credit score, the more you'll pay in interest. Avant's APRs range from
Chase Personal Loan Frequently Asked Questions
Does Chase issue personal loans?
You cannot get an unsecured personal loan from Chase. The bank does offer secured loans such as auto loans and home equity lines of credit that are backed by collateral.
What type of loans are available at Chase?
Chase offers a wide range of loans including mortgages, home equity lines of credit, car loans, commercial lines of credit, and business equipment financing. Chase also offers credit card accounts.
Is Chase a good place to get a loan?
Chase is one of the largest US banks, offering a wide range of financial services and credit products with competitive rates. The bank is listed in Insider's guides for best national banks, best credit cards, and best mortgage lenders.
Why You Should Trust Us: How We Rate Personal Loans
We rate all personal loan products in our reviews and guides on a 1-5 scale. The overall rating is a weighted average that takes into account seven different categories, some of which are judged more heavily than others. They are:
- Interest rate (20% of rating)
- Fees (20% of rating)
- Term lengths and loan amounts (15% of rating)
- Funding speed (15% of rating)
- Borrower accessibility (15% of rating)
- Customer support (7.5% of rating)
- Ethics (7.5% of rating)
Each category's weighting is based on its importance to your borrowing experience. Rates and fees have the most direct impact on the overall cost of your loan, so we weigh those the most heavily. Customer support and ethics are still very important parts of the borrowing experience, but do not directly tie to a personal loan's terms, so they have less of an impact on the overall rating.
See our full ratings methodology for personal loans ยป