Key takeaways A high credit score and income are crucial to qualifying for the lowest rates on a personal loan. Improving your score before applying for a personal loan could help you secure a lower rate. Shopping for the best rates with at least three lenders or on a marketplace like Bankrate allows you to compare multiple offers. Low-interest personal loans are offered to the most creditworthy borrowers by banks, credit unions, online lenders and marketplace lenders. They come with competitive annual percentage rates (APRs) below the national average personal loan rate of 12.27% as of April 22, 2026, and often below 10%.…