CLEARBORROW · PUBLISHED NOVEMBER 12, 2026
Best Egg review: APR, origination fee and eligibility
Best Egg offers personal loans made by Cross River Bank or Column N.A. of $2,000 to $50,000 at 6.99% to 35.99% APR, usually over 3 to 5 years. The origination fee is 0.99% to 9.99% (at least 4.99% on terms of 4 years or longer). Its lowest APR requires at least a 700 FICO score and $100,000 individual income.
Independent review. Best Egg is not a ClearBorrow partner and we earn nothing from it. Facts come from Best Egg’s own published pages, checked November 12, 2026; we did not apply for a loan. Terms differ by state.
On this page
Published terms
| Published terms | |
|---|---|
| Amounts | $2,000–$50,000; minimums MA $6,500, OH $5,001, GA $3,001 |
| APR | 6.99%–35.99% fixed |
| Term | 36–60 months on its personal loans page; other pages mention 24–84 |
| Fees | 0.99%–9.99% origination fee (at least 4.99% for 4+ year terms); $15 returned-payment fee |
| Not available | Iowa, Nebraska, Vermont, West Virginia, D.C. and U.S. territories |
Sources: Best Egg personal loans ↗, loan information ↗, Best Egg Support ↗.
What it costs
| Best Egg’s published examples | Payments | Total (our arithmetic) |
|---|---|---|
| $10,000, 5 years, 9.99% APR | 60 × $201.81 | $12,108.60 |
| $5,000, 3 years, 6.99% APR | 36 × $152.83 | $5,501.88 |
Best Egg also offers a “Cover the Fee” option that raises the loan amount so you receive the full sum you asked for — you then repay the fee with interest (Best Egg ↗).
Strengths and weaknesses
| Strengths | Weaknesses |
|---|---|
| Low starting APR for strong applicants | Lowest APR needs 700+ FICO and $100,000 income |
| No prepayment penalty | Fee of at least 4.99% on longer terms |
| Secured home-backed option for homeowners | Not offered in five states and D.C. |
Who it may fit
Good-credit, higher-income borrowers consolidating debt over 3 years, where the fee can be as low as 0.99%.
Alternatives to compare
- Credit union loans and PALs — often the cheapest option if you are a member.
- Best Egg, SoFi and LendingClub for good credit.
- Upstart, Upgrade, Avant and OneMain for fair credit.
- Our loan calculator to compare total repayment.
Questions
What credit score does Best Egg need?
For its lowest APR, at least 700 FICO plus $100,000 individual income; it does not publish a general minimum on the pages we checked.
Is Best Egg a bank?
No. Loans are made by Cross River Bank or Column N.A., both Member FDIC.
Can I prepay a Best Egg loan?
Yes, at any time without penalty.
Sources and limits
- Best Egg: personal loans (APR, fee, amounts, excluded states) ↗
- Best Egg: personal loan information (lowest-APR requirements) ↗
- Best Egg Support: what costs will I pay ↗
Sources checked November 12, 2026. Lenders change rates, amounts and state coverage; confirm on the lender’s own rates page for your state before applying. Worked examples are our own arithmetic unless marked as the lender’s published example. How we use sources.