Each of these personal loan companies has pros and cons. It was very hard to find low-interest personal loans online because there are so many to choose from. But these lenders don’t charge any dirty origination fees or pre-payment penalties and they have instant approval, which is sometimes hard to find. Personal loans can be very expensive. Keep in mind that you’ve gotta have good credit to be approved for these loans. Bad credit won’t work with these lenders. So if you’re looking for a personal loan for debt consolidation or medical bills, then you’re making the right choice.