Why BHG Offers the Best Personal Loan for Good Credit in 2025

While lenders don’t always disclose their minimum credit score requirements, a good credit score is at least 670 on the FICO scoring model. Those with exceptional credit scores (800 and above) are deemed especially low-risk borrowers and are most likely to qualify for the most competitive loan terms.

When you apply for a personal loan, lenders look closely at your credit history to understand how you’ve managed debt in the past. A strong score indicates that you are a responsible borrower and are likely to repay your loan on time.

Good credit applicants should have no problem meeting most personal loan eligibility rules. If you find yourself in a position with multiple offers, it's wise to compare loan offers available to you and choose the option that works best for your needs and budget.

Most online lenders, including BHG Financial, allow you to prequalify for a loan. Prequalification enables you to view potential loan offers using a soft credit check only. You can get a personal loan comparison without affecting your credit score.¹

With BHG Financial, prime borrowers have a unique opportunity to leverage their income and credit scores to secure more favorable personal loan terms. Here are a few reasons why BHG offers one of the top personal loans in 2025:

• Larger loan amounts: Many personal loan lenders have maximum loan amounts ranging from $50,000 to $100,000. BHG Financial can offer larger loans, up to $250,000,² unlocking more financing to help you consolidate significant debt or cover a large expense. 
• Fixed rates and predictable payments: BHG loans have fixed rates, which ensure your monthly payment remains consistent throughout the loan term. This makes budgeting and financial planning easier.  
• Competitive rates and flexible terms: BHG’s fixed-rate loans may offer lower APRs compared to traditional lenders, particularly for borrowers with strong financial profiles. Plus, you can extend your repayment terms up to 10 years,^2,3 which helps keep your monthly payments manageable, even with a larger loan.

Monthly Payment Comparison
$40K Balance  |  14.63% APR

* BHG monthly payment based on BHG’s minimum available APR for a 10-year term, which is 14.63% as of [10/10/25] and includes an origination fee. Your actual loan size, loan term, and monthly payment amount may vary based on your individual credit profile and other information provided in your loan application. Terms subject to credit approval.

Lenders typically reserve the lowest rates for borrowers with prime credit. Personal loan APRs typically range from 6.99% to 35.99%. The lower your rate, the less interest you’ll have to pay over the life of your loan. Qualifying for a lender’s lowest rate typically requires excellent credit, high income compared to your debt, and choosing a shorter repayment term.

With good credit, you may also qualify for a higher loan amount and more flexible repayment terms, which can be very helpful for managing your finances effectively.

Before you apply for a personal loan, carefully compare offers to find the best fit. Here are a few features to consider:

Cost of borrowing

The total cost of your loan is determined by the APR, fees, and your repayment terms. Taking a lower APR offer may save you thousands of dollars, depending on your balance. The average APR for a two-year personal loan is 11.66%, according to the Federal Reserve's data, but a good credit score can result in more competitive rates.

Also, be sure to note the fees associated with your loan and when they will apply, such as origination fees, late fees, application fees, and prepayment penalties.

Finally, compare your repayment terms. Longer repayment terms typically result in lower monthly payments, while shorter terms yield higher payments.

FYI: BHG Financial offers flexible repayment terms, allowing you to tailor your payoff plan to get a monthly payment that works best for your budget.

Loan amounts and flexibility

Good credit doesn't always guarantee that a lender will offer you the maximum loan amount or the amount you requested in your application. The lender will likely determine a figure based on additional factors such as your income and credit.

Make sure the loan amount offered meets your needs. Also consider if the lender offers unsecured personal loans, meaning you don’t have to put up collateral like a car or house to get the loan.

FYI: BHG Financial offers larger loan amounts than most competitors, up to $250,000.² This allows many borrowers to access their full requested amount or more and use the funds to handle major expenses or several goals at once.

Service and support

Strong credit often unlocks greater borrowing power, so it’s important to work with a lender that provides personalized service and support to ensure you borrow responsibly. When comparing personal loan lenders, consider the level of support they offer. Many online lenders, for example, operate digital-only or call centers to process loan applications. While convenient, the level of attention may not be enough for those with good credit and complex finances.

FYI: BHG Financial’s loan concierge approach combines the speed and convenience of an online platform with the personalized support and expertise of a loan expert who will tailor solutions to your specific needs.

At BHG Financial, we believe financing should fit seamlessly into your life and goals. You’ve worked hard to build a strong credit profile–that’s why we offer personal loans tailored for prime borrowers with complex financial profiles and urgent financing needs. Our unsecured personal loans extend as high as $250,000² and have flexible terms of up to 10 years.^2,3 You can also apply online and get an approval decision in 24 hours⁴. 

Plus, you’ll enjoy dedicated, U.S.-based concierge service that works around your schedule—because your time is valuable. Ready to see what’s possible? Use our quick and easy payment estimator to get your personalized loan estimate in just seconds.⁴

Can I negotiate the interest rate on a personal loan with good credit?

While you typically can’t negotiate an interest rate for personal loans like you could the price of a car, having good credit increases your chances of qualifying for a lower rate. Lenders often reserve their most competitive rates for borrowers with strong credit profiles. To improve your chances of getting a low-interest personal loan, wait to apply until you have a clean credit record and a lower debt-to-income ratio. Higher earners can sometimes be approved for a loan even if their debt-to-income (DTI) ratio exceeds the recommended threshold.

Are there fees associated with personal loans for good credit?

Some personal loans have fees, even for borrowers with good credit. Common fees include origination fees, prepayment penalties, and late payment fees.

How quickly can I receive funds from a personal loan?

The time it takes to receive funds from a personal loan can vary. Many online lenders offer quick approval decisioning, and it can take several days to disburse the funds to you after approval. BHG Financial can fund your lump sum within as few as five days.⁴

Will applying for multiple personal loans affect my credit score?

When you prequalify for a personal loan, it usually involves a soft credit inquiry, which doesn’t affect your credit score. However, if the loan funds, the lender will conduct a hard credit inquiry. This hard inquiry can temporarily lower your credit score. While one or two hard inquiries won’t significantly impact your score, applying for many loans in a short period could increase the negative effect. It’s best to compare offers through prequalification and then apply only for the loan that best suits your needs.

What is the typical repayment term for personal loans?

Personal loan repayment terms typically range from 24 to 60 months (two to five years). Some lenders may offer shorter terms, like 12 months, while others, like BHG Financial, provide extended terms up to 10 years^2,3. Longer repayment terms allow for lower monthly payments.