The year is almost ending, but do you still have some goals to achieve and dreams to come true? We’ll show you the best personal loans to apply for in November.

Personal loans are money that you borrow from a bank, credit union or other online lenders. Typically, borrows pay lenders back in fixed monthly payments, also known as installments.

Loan terms may vary from two to seven years, and most loans are unsecured. This means you do not need to make a security deposit (known as collateral) in order to get the loan.

This type of loan has a fixed annual percentage rate (APR) which usually ranges between 6% and 36%. The lower the rate, the less expensive the loan, which is what you should be aiming for.

Other features which make some loans stand out are no soft credit checks, no fees, and, if you are consolidating debt, the ability to make direct payments to creditors.

It is highly advisable that you know your credit score before applying. Being denied a personal loan is a process that shows up and looks bad in your credit report.

Also, you should strive to compare personal loans from multiple lenders before you come up with a decision.

And this leads us to our selection with the best personal loans for November 2022, in no particular order.

Discover offers loans for almost any purpose for borrowers with good or excellent credit. These are unsecured loans, which you can get through a quick and easy online application.

You can also apply for Discover Personal Loans over the phone with a Discover loan specialist. This personalized assistance makes it one of the best personal loans to apply for in November.

Once you have been approved for the loan, Discover is quick to deposit the funds, and you will get access to them in as little as one business day.

The lender offers a wide range of repayment terms, a loan guarantee of thirty days, and a free monthly credit scorecard.

With LightStream you will find personal loans with low interest rates and no fees. This loan is a good option for individuals with good to excellent credit.

LightStream loans allow borrowers to choose when to receive their money, and it can deposit funds on the same day or up to 30 days after approval.

These are just a few of this loan’s many consumer-friendly features. They allow you time to plan for your payments and the flexibility to align the loan with other projects.

Happy Money is especially interesting for individuals who are looking to consolidate credit card debt.

It offers personal loans at a fixed rate, rolling multiple credit card payments which are high-interest into one monthly payment.

This one monthly payment has a lower annual percentage rate, and it helps borrowers focus on building credit.

This is possible thanks to the fact that the card reports loan payments to the three major credit bureaus.

This is one of the fastest ways to get financing if you have a thin credit history. It makes Upstart one of the best personal loans to apply and get your money in November, before the year ends.

The lender uses its own underwriting model which relies on artificial intelligence and nontraditional data to qualify borrowers.

While most lenders focus almost entirely on borrowers’ credit report, debt, assets and income, Upstart’s method allows for less qualified borrowers to get access to loans.

The lender also offers pre-qualification on its website. This allows borrowers to check their rates without having to undergo a hard credit pull.

If you have a bad credit score, Universal Credit Personal Loans can help you fix that.

It gives borrowers free access to their VantageScore credit simulator, which monitors credit and offers educational resources about how to build credit.

Once you have been approved for the loan the lender is quick to fund your money, doing so in as little as two days after application.

The lender also offers a 0.5% discount if you set up automatic payments.

If you have fair credit and would like to consolidate debt while building credit at the same time, Upgrade Personal Loans might just be what you are looking for.

The lender has soft borrowing requirements, and it comes with extremely convenient features.

You’ll get direct payment to creditors on debt consolidation loans, rate discounts, super-long repayment terms on home improvement loans, and more. 

You will not find these perks with other bad-credit lenders so easily. The lender also offers secured and joint loan options, which are easier to qualify for, and also offer lower rates.

This is a five-star lender that offers zero fees, flexible repayment terms, and a wide range of loan amounts.

The lender is at such a level that they even offer referral bonuses, estate planning discounts, unemployment protection, and even free financial and career advising.

With SoFi Personal Loans, repayment terms can range from two to seven years. It also allows borrowers to qualify for multiple discounts, which can lower interest costs.

Plus, the lender offers joint loans, which can greatly increase the borrower’s chances of qualifying or getting a better rate.

If you have fair or even good credit with some cash at hand, you can make a security deposit and get a lower interest rate with Best Egg Personal Loans.

The lender offers convenient direct payment to creditors for borrowers who want to consolidate debt.

Loans come in a wide range of amounts which gives borrowers flexibility to cover both large and small expenses.

Best Egg also offers customers free access to their credit score. This allows borrowers how their payments have been contributing positively to their credit scores.

A few things you should consider when looking for the best loan for you include whether the lender performs a soft credit check. This is good because it does not impact your credit score.

Also check the loan’s APR. As a rule of thumb, you want it to be low. Repayment terms also play an important role, and it pays to remember that the shorter the term, the less interest you will pay.

Take into account the loan amount and whether the loan comes with any special features such as autopay rate discounts, financial coaching, or unemployment protection.

Perks can play an important role in helping you reach your financial goals

Some loans have specific purposes, and you’ll get a better advantage from them. Student loans have better payment conditions that will match your career path.

If you need this financial help to achieve your dreams, read the following article and we’ll tell you more about it.