But that doesn't mean they're free money. Personal loan APRs average 12.17%, according to the Fed's most recent data. Meanwhile, the average credit card interest rate is around 21.19%.

Learn how to get a $5,000 loan, even if you have a bad credit score. This guide covers requirements, interest rates and where ...

: Best for same-day funding and multiple rate discounts Borrowers can get same-day funding on a SoFi personal loan if they sign their loan documents by 6 p.m. E.T. on a business day.