Need a $75,000 personal loan? What to know

Whether you need to install new appliances in your home, pay for a major event, or cover another personal expense, a personal loan could help.

If you need to borrow a large amount — such as a $75,000 personal loan — it’s important to carefully consider your lender options to find the right loan for you.

Here’s what you need to know before taking out a $75,000 personal loan.

Where to get a $75,000 personal loan

Here are a few of your lender options for getting a $75,000 personal loan:

Online lenders

Online lenders can be one of the more convenient options for getting a large personal loan, as they tend to offer easy applications and fast loan decisions. However, keep in mind that few online lenders offer loans as large as $75,000, so your options might be somewhat limited. 

The time to fund for most online loans is typically five business days — though some lenders will fund loans as soon as the same or next business day after approval.

You may be able to find a $75,000 personal loan from one or more of Credible’s personal loan partner lenders.

Banks and credit unions

Personal loans of $75,000 aren’t widely available at credit unions or banks. However, you do have some options. For example, Wells Fargo offers personal loans up to $100,000.

If you have the flexibility to borrow less than $75,000, here are a few banks and credit unions that offer $50,000 personal loans:

  • Alliant Credit Union
  • Citibank
  • Navy Federal Credit Union
  • TD Bank

How to apply for a $75,000 personal loan 

If you’re ready to apply for a $75,000 personal loan, follow these four steps: 

  1. Check your credit. You’ll typically need very good credit to qualify for a loan as large as $75,000. Because of this, it’s a good idea to check your credit before applying to make sure your credit is in as good shape as possible. You can use a site like to review your credit reports for free. If you find any errors, dispute them with the appropriate credit bureaus to potentially boost your credit.
  2. Compare lenders and pick a loan option. Before you apply for a personal loan, be sure to compare as many lenders as you can to find the right loan for your needs. Consider not only interest rates, but also repayment terms and any fees the lender may charge. After weighing your options, choose the loan you like best.
  3. Fill out the application. Once you’ve picked a lender, you’ll need to complete a full application. The lender might also ask you to submit required loan application documents, such as tax returns or pay stubs.
  4. Get your funds. If you’re approved, the lender will have you sign so you can get your money. The time to fund for personal loans is usually one week or less — though some lenders fund loans as soon as the same or next business day after approval.

Before you take out a personal loan, remember to consider as many lenders as possible to find a loan that works for you. Credible makes this easy — you can compare your prequalified rates from multiple lenders in two minutes

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