Fund the unexpected with a personal loan.
Easy Online Application
Complete the entire process online from home, at your own pace.
Competitive Fixed Rates
Fixed APRs available in 3, 5 or 7 year loan terms.†
Borrow up to $80,0001
Practicing doctors and last year residents with a signed contract are eligible.
AutoPay Discount2
Automatic payment option reduces interest rate by 0.25%.
Calculate Your Payments
Estimate your monthly payment with a Laurel Road Personal Loan
The calculated payments are only an estimate. Your actual payments will depend on the actual amount for which you are approved. Eligibility and rates offered will depend on your credit profile and other factors. Rates include a 0.25% discount for making automatic payments from a bank account.2
Personal Loan Fixed Rates
Find the right loan for you with our competitive fixed rates
| Term | Fixed APR |
|---|---|
| 3 year | 8.49%—19.75% |
| 5 year | 8.99%—21.50% |
| 7 year | 9.49%—23.25% |
Eligibility and rates offered will depend on your credit profile and other factors. Rates in the above table include a 0.25% discount for making automatic payments from a bank account.2 View Payment Examples below.
Quick tips for getting a personal loan.
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All U.S. Citizens or permanent residents with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date) are eligible to apply for a Laurel Road Personal Loan. Loan eligibility also depends on your credit history and financial profile. If eligible, Laurel Road will perform a soft credit pull to provide you with conditional rates, so you can check your eligibility with no impact to your credit score.
Yes, customers with a current personal loan can apply for a new personal loan or to refinance their existing personal loan.
If you are a physician or dentist in practice or within 12 months of completing training with a signed contract to practice, the maximum loan amount is $80,000. If you are a physician or dentist still in training without a contract to practice, the maximum loan amount is based on your training year as follows: Match Letter or PG1 is $30,000, PG2 is $35,000, PG3 is $40,000, PG4+ or Fellow is $45,000.
Once an application is complete, most approved loans are funded in about seven business days. However, this timing can vary depending on the complexity of the application and the volume of applications.
A Laurel Road Personal Loan can be used for almost any purpose except for education-related expenses. Some examples include consolidation of high rate debt, making home improvements, or financing major family purchases.
It’s actually pretty simple – the entire application can be completed online, and you can receive conditional rates in as little as two minutes.
- Fill out a short application with basic information including information about your employment and history. Once you authorize a soft credit pull and assuming you have provided enough information, we will provide you with conditional interest rates.
- Upload your supporting documents to Laurel Road’s secure dashboard to complete your online application. Once we have received your application, we will underwrite your loan and provide you with your final rates and loan terms.
- Select your loan type and term; you can e-sign all necessary disclosures and the promissory note in the Laurel Road dashboard.
The loan will be disbursed on the date shown in your final Truth in Lending statement.
