Your maximum personal loan amount depends on your credit score, income, and debt-to-income ratio. Here's what to expect from each credit tier.
$1,000Min. Loan
$100,000Max Loan
580+Min. Credit Score
The amount you can borrow depends on several factors: your credit score, income, existing debt obligations, and the lender's maximum loan limits. Understanding these factors before you apply helps you set realistic expectations and find the right lender.
How Much Can You Borrow? By Credit Score
Rates verified May 2026 · Updated weekly
Credit Score Range
Typical Loan Amount
Typical APR Range
Best Lenders
720–850 (Excellent)
$5,000–$100,000
6%–15%
SoFi, Marcus, LightStream
690–719 (Good)
$3,000–$75,000
12%–20%
SoFi, LendingClub, Upgrade
630–689 (Fair)
$1,000–$40,000
18%–28%
LendingClub, Avant, Upgrade
580–629 (Poor)
$500–$20,000
25%–36%
Avant, Upstart, Prosper
Below 580 (Bad)
$500–$5,000
30%–36%
OneMain, secured loan options
Key Factors That Determine Your Loan Amount
Credit Score
Higher scores unlock larger loan amounts and lower rates. Most lenders offer their maximum amounts to borrowers with 720+ scores.
Income
Lenders typically allow monthly loan payments up to 15–20% of your gross monthly income.
Debt-to-Income Ratio
Most lenders require your total monthly debt payments to be below 40–45% of gross monthly income.
Employment History
Stable, verifiable employment history increases lender confidence and can unlock higher amounts.
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Improve your credit score — Even a 20-point improvement can unlock significantly higher loan amounts and lower rates.
Pay down existing debt — Reducing your debt-to-income ratio is one of the fastest ways to qualify for more.
Add a co-signer — A co-signer with strong credit and income can dramatically increase your borrowing power.
Apply with multiple lenders — Different lenders have different underwriting criteria. Pre-qualifying with 3–4 lenders gives you the best picture of your options.
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Frequently Asked Questions
How much personal loan can I get with a 700 credit score? +
With a 700 credit score, you can typically borrow $5,000–$50,000 from most lenders. The exact amount depends on your income and debt-to-income ratio. Lenders like SoFi and LendingClub are good options at this score range.
What is the maximum personal loan amount? +
The maximum personal loan amount varies by lender. SoFi and LightStream offer up to $100,000. Most lenders cap at $35,000–$50,000. The maximum you qualify for depends on your credit score and income.
How much personal loan can I get based on my income? +
A general rule: lenders allow monthly payments of up to 15–20% of your gross monthly income. For a $60,000 annual income ($5,000/month), that's a maximum monthly payment of $750–$1,000, which corresponds to roughly $25,000–$40,000 over 5 years at 15% APR.
Can I get a $50,000 personal loan? +
Yes, if you have a credit score of 680+ and sufficient income. Lenders like SoFi, LightStream, and Upgrade offer loans up to $50,000–$100,000. Use our calculator to estimate monthly payments.
Does pre-qualifying affect my credit score? +
No. Pre-qualification uses a soft credit pull and does not affect your credit score. A hard inquiry only occurs when you formally apply and accept a loan offer.
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Most personal loan lenders require a minimum score of 580–640. The best rates (under 10% APR) typically require a score of 720+. Some lenders like Upstart consider education and employment history alongside credit scores.
Online lenders like Upstart can approve and fund loans in as little as 1–3 business days. Traditional banks may take 1–2 weeks. Pre-qualification takes just minutes and doesn't affect your credit score.
The average personal loan APR is 11–12% for borrowers with good credit. Rates range from 6% for excellent credit to 36% for poor credit. Always compare at least 3 lenders before accepting an offer.
Yes — lenders like Upstart, Avant, and OneMain Financial specialize in loans for borrowers with scores below 640. Expect higher rates (20–36% APR) and consider a co-signer to improve your terms.