Eloan Personal Loans: Top 2026 Alternatives
Quick take: Eloan, a division of Banco Popular de Puerto Rico, stopped offering new personal loans back in early 2022. Services for existing loans were handed over to Systems & Services Technologies Inc.
The good news? There are plenty of strong alternatives in 2026 that offer the same kind of no-hassle, fixed-rate personal loans Eloan used to be known for; often with better perks, lower rates or more flexible terms. Whether you want to consolidate credit card debt, fund a home project or cover an unexpected expense, we'll walk you through the top 4 personal loan lenders worth considering right now.
MoneyLion offers a service to help you find personal loan offers. Based on the information you provide, you can get matched with offers for up to $100,000 from our top providers. You can compare rates, terms, and fees from different lenders and choose the best offer for you.
Key Takeaways
Eloan stopped offering new personal loans in early 2022, but your existing loan is likely serviced by Systems & Services Technologies Inc.
Top alternatives in 2026: MoneyLion for comparing multiple offers up to $100,000, LightStream for excellent credit with rates from 6.49% APR, SoFi for member perks and Best Egg for fast funding.
Pick your lender based on credit score, loan size and fees. Prequalify with two or three lenders through MoneyLion with no credit hit, then pick the lowest total cost.
Summary generated by AI, verified by MoneyLion editors
Eloan Personal Loan Alternatives at a Glance
Lender | APR Range | Loan Amounts | Best For |
6.53% - 35.99% | Up to $100,000 | Comparing multiple personal loan offers | |
6.49% - 24.89% | Up to $100,000 | Excellent credit | |
8.74% - 35.49% | Up to $100,000 | Large loans with member perks | |
6.99% - 35.99% | Up to $50,000 | Fast funding |
1. Best Overall: MoneyLion
With MoneyLion, you can shop real loan offers from a network of lending partners with rates as low as 6.53% APR and loan amounts up to $100,000, all without a hard pull on your credit. Repayment terms run from 12 months to 84 months on the marketplace, which gives you room to customize your monthly payment to something that actually fits your budget.
Beyond personal loans, MoneyLion bundles a whole suite of money tools into one app: Instacash cash advances up to $500 with no interest and no credit check, Credit Builder Plus loans for building credit from scratch, and even financial tools to help you take care of your money. That all-in-one design is why we think MoneyLion is the best overall alternative to Eloan for most borrowers.
Pros
Check your rate with no impact to your credit score
Wide APR range means more borrower profiles can find a match
Large loan amounts up to $100,000
Access to additional tools like cash advances, credit building and financial monitoring tools
Cons
MoneyLion is a marketplace, not a direct lender, so final rates and fees come from the partner
Some marketplace lenders charge origination fees
You may need to compare offers carefully to find the best fit
2. Best for Excellent Credit: LightStream
If your credit score is in great shape and you want the lowest rate you can possibly find, LightStream may be hard to beat. The online lending arm of Truist Bank offers fixed APRs starting at 6.49% with autopay and loan amounts from $5,000 up to $100,000, with no origination fees, no late fees and no prepayment penalties.
The tradeoff is that LightStream is strict. You'll generally need a credit score around 660 or higher, several years of credit history and solid income to qualify. There's also no prequalification, so applying means accepting a hard credit pull.
Pros
Some of the lowest starting APRs in the industry
No fees of any kind
Loan amounts up to $100,000
Same-day funding may be available
Cons
$5,000 minimum loan amount
Requires strong credit and an established credit history
No prequalification option
3. Best for Large Loans with Member Perks: SoFi
SoFi offers unsecured personal loans from $5,000 to $100,000 with APRs ranging from about 8.74% to 35.49% (after autopay and member discounts). There are no required fees on most loans. Which means no late fees, no prepayment penalties and you can choose a no-origination-fee option or pay a small origination fee for a lower rate.
What sets SoFi apart is the member experience. Borrowers get access to unemployment protection (which can pause payments if you lose your job) and even member rate discounts. You can prequalify with a soft credit pull and get funded as quickly as the same business day.
SoFi generally looks for borrowers with good to excellent credit, typically a FICO score of 680 or higher, so it's best suited for people who've already built a solid credit profile.
Pros
Loan amounts up to $100,000
Multiple rate discounts (autopay, member rate and direct pay for debt consolidation)
Unemployment protection and other membership perks
No-fee loan option available
Cons
$5,000 minimum loan amount
Best rates require good to excellent credit
Not a fit for borrowers with lower credit scores
4. Best for Fast Funding: Best Egg
Best Egg is a solid middle-ground option. It offers personal loans up to $50,000 with APRs from 6.99% to 35.99% and repayment terms of 36 or 60 months. About half of approved borrowers get funded the next business day, with most receiving funds within 1 to 3 business days.
One unique feature: Best Egg offers both unsecured and secured personal loans. You can secure a loan using built-in fixtures in your home (think cabinets and light fixtures) for up to a 20% APR discount, or use your vehicle as collateral to borrow against your car's value.
The catch: Best Egg charges an origination fee of 0.99% to 9.99%, which comes out of your loan proceeds before you receive the funds.
Pros
Fast funding, often next business day
Both secured and unsecured loan options
Lower minimum credit score than many competitors
Prequalify with a soft credit pull
Cons
Charges an origination fee of 0.99% to 9.99%
Only two term options (36 or 60 months)
Lowest rates require high income and excellent credit
Why Doesn't Eloan Offer Personal Loans Anymore?
Eloan, a division of Banco Popular de Puerto Rico, stopped issuing new personal loans in early 2022. If you had an Eloan personal loan before the shutdown, your loan wasn't necessarily cancelled; it was most likely transferred to Systems & Services Technologies Inc. (SST), which now handles all servicing.
Website: https://www.accountinfo.com/ Toll-free phone number: (833) 604-0523
A quick heads up: scammers have been known to impersonate Eloan since the brand stopped originating new loans. If anyone calls, texts or emails you claiming to be Eloan and asks for an upfront payment, gift cards or confidential information, be careful because it could be a scam. Most legitimate lenders will not ask for money in advance to "secure" a loan.
How To Choose the Best Personal Loan Alternative
With Eloan out of the picture, the right replacement depends on your credit, how much you want to borrow and how fast you need the money. A few things to weigh before you apply:
Your credit score. Excellent-credit borrowers can unlock the lowest rates at LightStream or SoFi. Fair-credit borrowers will likely have better luck with Upgrade or MoneyLion.
Loan amount. Need less than $2,000? Upgrade and some MoneyLion partners can go as low as $1,000. Need more than $50,000? LightStream, SoFi and the MoneyLion Marketplace go up to $100,000.
Fees. LightStream and SoFi (on the no-fee option) don't charge origination fees. Best Egg does, and those fees get deducted from your funds before you see them.
Funding speed. LightStream and SoFi can fund the same day. Best Egg and MoneyLion typically fund within 1 to 3 business days.
Prequalification. Most personal loan providers on this list let you check your rate with a soft pull; the big exception is LightStream, which requires a hard inquiry upfront.
A good rule of thumb: Use MoneyLion to prequalify with two or three lenders, compare the actual offers side by side and go with the one that gives you the lowest total cost over the life of the loan. A slightly higher APR with no fees can sometimes beat a lower APR with a big origination fee, so do the math before you sign.
The Bottom Line
Eloan may no longer be an option for new borrowers, but there's no shortage of lenders picking up the slack in 2026. For most people, MoneyLion is the best all-in-one starting point because you can shop multiple loan offers, see your rate without a credit hit and tap into extra tools like Instacash, credit building and financial monitoring tools all in one place.
Ready to see what you qualify for? Check your rate with MoneyLion today with no impact to your credit score, and start making better money decisions.
FAQs
Can I still apply for a new Eloan personal loan?
No. Eloan stopped offering new personal loans in early 2022 and now operates as an educational site. If you want a similar product, check out the alternatives: starting with MoneyLion for a quick, no-credit-hit rate check.
Who services my existing Eloan loan?
Your loan is likely serviced by Systems & Services Technologies Inc. (SST). You can visit SST's website or call to make payments, update your account info or ask questions about your loan. Your loan terms most likely haven't changed just because servicing was transferred.
Can I refinance my Eloan loan with one of these lenders?
Yes. Refinancing means taking out a new personal loan and using the funds to pay off your existing Eloan balance. If your credit has improved or rates have dropped since you took out your original loan, you could lower your interest rate or monthly payment. Start by prequalifying with MoneyLion, to compare offers without affecting your credit score.
Sources
Eloan, Simply Smart Personal Loans – Eloan.com
SoFi Personal Loans – SoFi.com
Official Best Egg Personal Loans page - BestEgg.com
Personal Loans Official Website - Lightstream.com
Personal Loans Official Page - MoneyLion.com
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