New York Best Personal Loan Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current personal loan options available to borrowers in New York include: Hudson River Community Credit UnionHudson River Community Credit Union312 Palmer Ave, Corinth, NY, 12822 offering Share Secured Loan at 4.25% APR, Haverhill Fire Department Credit UnionHaverhill Fire Department Credit Union110 John Muir Dr, Amherst, NY, 14228 1148A+5.0 ★Texas Ratio: 0.13% offering Share Secured/Credit Building Loan at 4.49% APR, First New York Federal Credit UnionFirst New York Federal Credit Union795 E Main St Ste 1, Cobleskill, NY, 12043 1263A+5.0 ★Texas Ratio: 4.11% offering Solar Loan at 4.74% APR, Sunmark Credit UnionSunmark Credit Union1616 Broadway, Schenectady, NY, 12306A5.0 ★Texas Ratio: 11.04% offering Share Secured Loan at 4.74% APR, and IAM Federal Credit UnionIAM Federal Credit Union498 Fashion Ave Fl 2, New York, NY, 10018 6708A5.0 ★Texas Ratio: 8.75% offering Non-Collateral Signature Loans at 5.00% APR. Personal loan rates as of September 22, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare personal loan rates across New York side-by-side. New York personal loan rates currently start as low as 4.25% APR from Hudson River Community Credit Union at 312 Palmer Ave, Corinth, NY, 12822. Rates are continually updated, so we recommend checking back frequently.
We empower borrowers with transparent, proprietary financial health metrics, including A-F Safety Grades, verified Star Ratings, and Texas Ratios, so you can confidently borrow from a stable, highly-rated institution in New York.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in New York. Rates shown are typically “as low as” APRs for borrowers with excellent credit. Your final approved rate will depend on your credit history, credit score, income, and loan amount. Personal Loan Rates Last Updated and Verified: September 22, 2026
New York Personal Loan Rates
As Low As; Rates listed are for $3,001 minimum amount financed and include a .25% APR discount for having automatic payments. Member must credit qualify. Rates listed are for credit scores of 740+. Other rates available. A credit report fee of $5.00 may be charged. Terms and conditions may apply. Offers/terms listed above are subject to change without notice. HRCCU reserves the right to alter or withdraw these offers or certain features thereof without prior notification. All secured loans with the exception of a share secured loan must pay the Vendor Single Interest (VSI) insurance payment of $250 per car or truck loan. All other collateralized loans will incur a fee of $250 per loan.
No additional details available.
Annual Percentage Rate (APR) is fixed. Actual rate offered may vary. Rates are subject to change at any time and all loans are subject to approval. Monthly payment amount is calculated per $1,000 and is based on a 30 day month.
Secured by Shares; Maximum Amount: $50,000
Annual Percentage Rate (APR) is fixed. Actual rate offered may vary. Rates are subject to change at any time and all loans are subject to approval. Monthly payment amount is calculated per $1,000 and is based on a 30 day month.
Up to 100% Collateralized Share Balance; As Low As; **Payment As Low As $85.61
*
Minimum Loan: $4,000
Credit Limit: $10,000 Single / $20,000 Joint Maximum
Credit Grade: A+
As Low As; Auto Pay Discount: 6.39%
Credit Grade: A+,A
As Low As; Special fixed up to 15 months!
As Low As; Especial!
Credit Grade: B
No additional details available.
Published APR range: 6.74% - 10.74%.
Credit Grade: A+,A
No additional details available.
$4,999
Credit Grade: C
As Needed
new rates require a minimum advance of $1,000.00
*
APR with Discount as low as*: 6.45%
Rates as low as
Borrow up to $20,000
As low as
No additional details available.
As Low As; Repayment terms available up to 60 months. Maximum loan about $20,000.00.
As low as*
Secured by Share Certificate
No additional details available.
Credit Grade: A+,A
No additional details available.
No additional details available.
In-ground pools only (can include hardscape - concrete and fencing); minimum loan amount $10,000; maximum loan amount $70,000; A mortgage will be filed on the property -mortgage tax, recording fees and flood certification will be paid by CU, if the loan is paid off within the first 24 months of origination the fees will be paid back by the borrower (TRID rule apply - LE and CD need to be issued - there will be a 3 day rescission period before funds can be disbursed); Items needed at application include estimate from the contractor installing the pool, copy of deed (showing ownership of property), income verification may be requested. Rates vary by loan to value. The rate will not exceed 14.95% APR. The floor rate is 3.95%. Prime rate as of 9/18/26 listed in the Wall Street Journal is 7.00%.
Maximum Financing: $20,000; Tier: A
As Low As; $500.00 minimum up to $14,999.00
Min/Max: 400/30,000
As Low As; APR = Annual Percentage Rate. Advertised rate is "as low as" and is determined by the credit worthiness of each applicant. Rates are subject to change without notice. Rates are for new ONE Credit Union loans, current ONE Credit Union loans are not eligible for rate refinancing.
$25,000 maximum credit 680 and higher; $35,000 maximum credit 700 and higher; $50,000 maximum credit 720 and higher
As Low As;
The disclosed rates reflect a .25% discount for automatic payment from payroll deduction or direct transfer from a TCT account.
Published APR range: 7.24% - 11.24%.
No additional details available.
Credit Limit: $10,000 Single / $20,000 Joint Maximum
No additional details available.
$8,000 - $10,000
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
As Low As;*
Borrow up to $20,000
No additional details available.
We will finance up to $20,000 for Qualified Borrowers. A Credit Report is pulled for each personal loan requested. Members can borrow more than one personal loan but cannot exceed the maximum of $20,000. No penalties for early pay-off. No down payment required. Fixed rates during the life of the loan.
As low as; $20,000 maximum
As Low As; Up to $25,000
As Low As
As Low As; Auto Pay Discount: 7.39%
No additional details available.
No additional details available.
As low as
Credit Score: 760+; Credit Tier: A+
As Low As; APR = Annual Percentage Rate. Advertised rate is "as low as" and is determined by the credit worthiness of each applicant. Rates are subject to change without notice. Rates are for new ONE Credit Union loans, current ONE Credit Union loans are not eligible for rate refinancing.
$25,000 maximum credit 680 and higher; $35,000 maximum credit 700 and higher; $50,000 maximum credit 720 and higher
As Low As
As Low As
As low as*
No additional details available.
Credit Grade: B
No additional details available.
No additional details available.
No additional details available.
$15
No additional details available.
As Low As; rates start at 7.9%
*
As Low As;*
APR with Discount as low as*: 7.75%
As Low As;*
No additional details available.
Loan Amount: $500+
As Low As;
APR=Annual Percentage Rate
No additional details available.
As low as; Loan Rate
No additional details available.
As low as; $20,000 maximum
No additional details available.
Amount: Up to $30,000
Credit Grade: B
No additional details available.
No additional details available.
No additional details available.
Borrow up to $10,000.00, Delay first payment for 60 days; APR as low as*
Maximum Financing: $20,000; Tier: A
+100
Promotional offer valid through September 30, 2026. Maximum loan amount is $4,000. Other terms and conditions may apply.
As Low As; APR = Annual Percentage Rate. Advertised rate is "as low as" and is determined by the credit worthiness of each applicant. Rates are subject to change without notice. Rates are for new ONE Credit Union loans, current ONE Credit Union loans are not eligible for rate refinancing.
Rates as Low As*
Rates as Low As*
No additional details available.
Loan Amount: $2,500+
Dollar Amount: up to $15,000
As low as*
No additional details available.
Published APR range: 8.24% - 12.24%.
No additional details available.
Credit Grade: B
No additional details available.
As Low As; *
Credit Limit: $10,000 Single / $20,000 Joint Maximum
No additional details available.
APR as low as*
No additional details available.
As Low As
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
Rates as Low As*
Term: 3 - 6 Years Unsecured; As Low As
up to $20,000
$8,000
As Low As;*
No additional details available.
Loan Amount: $3,000+
As Low As
No additional details available.
As low as*
Credit Grade: A+; Maximum Loan/Term: $20,000; APR: 7.99%
No additional details available.
As low as; $20,000 maximum
Rates start as low as 8.49% APR*
As low as; .25% rate discount with auto pay or direct deposit
Fixed
No additional details available.
As Low As; Auto Pay Discount: 8.39%
No additional details available.
Credit Score: 680 & Above
New York Personal Loan Rates
*
Minimum Loan: $4,000
Credit Grade: A+
As Low As; Auto Pay Discount: 6.39%
As Low As; Special fixed up to 15 months!
Credit Grade: B
No additional details available.
Credit Grade: C
As Needed
*
Rates as low as
Borrow up to $20,000
No additional details available.
As low as*
No additional details available.
No additional details available.
Maximum Financing: $20,000; Tier: A
As Low As;
The disclosed rates reflect a .25% discount for automatic payment from payroll deduction or direct transfer from a TCT account.
No additional details available.
No additional details available.
Borrow up to $20,000
No additional details available.
We will finance up to $20,000 for Qualified Borrowers. A Credit Report is pulled for each personal loan requested. Members can borrow more than one personal loan but cannot exceed the maximum of $20,000. No penalties for early pay-off. No down payment required. Fixed rates during the life of the loan.
As Low As; Up to $25,000
As Low As
As Low As; Auto Pay Discount: 7.39%
No additional details available.
No additional details available.
Credit Score: 760+; Credit Tier: A+
As Low As
As low as*
No additional details available.
No additional details available.
No additional details available.
As Low As; rates start at 7.9%
*
As Low As;*
No additional details available.
Loan Amount: $500+
APR=Annual Percentage Rate
No additional details available.
Amount: Up to $30,000
No additional details available.
No additional details available.
Maximum Financing: $20,000; Tier: A
+100
Promotional offer valid through September 30, 2026. Maximum loan amount is $4,000. Other terms and conditions may apply.
No additional details available.
Loan Amount: $2,500+
Dollar Amount: up to $15,000
As low as*
No additional details available.
No additional details available.
No additional details available.
As Low As; *
No additional details available.
APR as low as*
No additional details available.
Term: 3 - 6 Years Unsecured; As Low As
No additional details available.
Loan Amount: $3,000+
No additional details available.
As low as*
Credit Grade: A+; Maximum Loan/Term: $20,000; APR: 7.99%
Fixed
No additional details available.
As Low As; Auto Pay Discount: 8.39%
No additional details available.
Credit Score: 680 & Above
New York Debt Consolidation Loan Rates
Credit Limit: $10,000 Single / $20,000 Joint Maximum
Credit Limit: $10,000 Single / $20,000 Joint Maximum
No additional details available.
Borrow up to $10,000.00, Delay first payment for 60 days; APR as low as*
Credit Limit: $10,000 Single / $20,000 Joint Maximum
No additional details available.
APR* (as low as) with Direct Deposit
No additional details available.
Credit Limit: $10,000 Single / $20,000 Joint Maximum
As low as; * Minimum Amount May Apply. Please call (518) 483-8668 for more information.
APR* (as low as) with Direct Deposit
As low as; The above annual percentage rates (APR) are the lowest rates offered to applicants with direct deposit of net pay and a checking account. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. All loan requests and rates are subject to credit approval. Does not apply to member with existing equity loans.
No additional details available.
As Low As; The above annual percentage rates (APR) are the lowest rates offered to applicants with direct deposit of net pay and a certain checking account. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. All loan requests and rates are subject to credit approval.
APR* (as low as) with Direct Deposit
No additional details available.
As low as; * Minimum Amount May Apply. Please call (518) 483-8668 for more information.
APR* (as low as) with Direct Deposit
No additional details available.
As low as
No additional details available.
As low as; The above annual percentage rates (APR) are the lowest rates offered to applicants with direct deposit of net pay and a checking account. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. All loan requests and rates are subject to credit approval. Does not apply to member with existing equity loans.
No additional details available.
Without Direct Deposit; As Low As
As Low As
As Low As
As low as; * Minimum Amount May Apply. Please call (518) 483-8668 for more information.
As low as
As low as; * Minimum Amount May Apply. Please call (518) 483-8668 for more information.
As low as; (5K Plus); * Minimum Amount May Apply. Please call (518) 483-8668 for more information.
Published APR range: 13.50%-18.00%. As Low As
discount with direct deposit; $20 application fee; 1% origination fee* (upon approval of the loan)
New York Signature Loan Rates
Up to 100% Collateralized Share Balance; As Low As; **Payment As Low As $85.61
Published APR range: 6.74% - 10.74%.
$4,999
new rates require a minimum advance of $1,000.00
Maximum Financing: $20,000; Tier: A
As Low As; $500.00 minimum up to $14,999.00
Min/Max: 400/30,000
Published APR range: 7.24% - 11.24%.
$8,000 - $10,000
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
As Low As;*
As low as; $20,000 maximum
No additional details available.
No additional details available.
As Low As;*
As Low As;
No additional details available.
No additional details available.
As low as; $20,000 maximum
Maximum Financing: $20,000; Tier: A
Rates as Low As*
Rates as Low As*
Published APR range: 8.24% - 12.24%.
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
Rates as Low As*
As Low As;*
As Low As
No additional details available.
As low as; $20,000 maximum
Rates start as low as 8.49% APR*
As low as; .25% rate discount with auto pay or direct deposit
New York Personal Loan Rate Trends
Compare local New York personal loan rates against the statewide average
Daily personal loan rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
New York personal loan rates rose 0.206 points over the past 7 days to 10.125% APR.
New York signature loan rates rose 0.181 points over the past 7 days to 9.803% APR.
New York Personal Loan Rate Forecast, Next 12 Months
Personal loan APRs follow lender funding costs and credit conditions. Our model projects the likely path of personal and signature loan averages from the current New York figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; unsecured lenders reprice new offers within one to two policy cycles, and advertised as-low-as rates move before average approved rates do.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Would Your Monthly Payment Be?
Estimated monthly payments at the current NY average personal loan APR of 10.13%, across the terms lenders serving New York most commonly offer. Personal loans are fixed-rate and fully amortizing, so the payment never changes and the balance reaches zero on schedule.
| Loan Amount | 24 Months | 36 Months | 48 Months | 60 Months |
|---|---|---|---|---|
| $5,000 | $231.01/mo | $161.63/mo | $127.11/mo | $106.54/mo |
| $10,000 | $462.03/mo | $323.26/mo | $254.23/mo | $213.09/mo |
| $15,000 | $693.04/mo | $484.89/mo | $381.34/mo | $319.63/mo |
| $25,000 | $1,155.07/mo | $808.15/mo | $635.57/mo | $532.72/mo |
| $35,000 | $1,617.10/mo | $1,131.41/mo | $889.80/mo | $745.81/mo |
Principal and interest only. Does not include any origination fee, which some lenders deduct from your loan proceeds. Your APR depends on credit score, income, loan amount, term, and lender underwriting.
Consolidating Credit Card Debt in New York
Debt consolidation is the most common reason people take a personal loan, and the math is usually straightforward: credit cards carry variable double-digit APRs, while a personal loan locks in a fixed rate and a fixed payoff date. Below is the total interest on a $15,000 balance repaid over 48 months at the NY personal loan average versus a range of typical credit card APRs.
| Repayment Option | APR | Monthly Payment | Total Interest | Interest Saved |
|---|---|---|---|---|
| Personal Loan (NY average) | 10.13% | $381.34 | $3,304 | — |
| Credit card at 18% APR | 18.00% | $440.62 | $6,150 | $2,846 |
| Credit card at 22% APR | 22.00% | $472.59 | $7,684 | $4,380 |
| Credit card at 26% APR | 26.00% | $505.76 | $9,276 | $5,972 |
The 18%, 22%, and 26% figures are illustrative points across the range card issuers commonly charge, not a published average. Check your own statement for your actual APR, then use the calculator below to run your real numbers. This comparison assumes a fixed 48-month payoff in both cases; paying only the card minimum would stretch the timeline and raise interest substantially. Consolidation only helps if you avoid rebuilding a balance on the paid-off cards.
How to Get the Best Personal Loan Rate in New York
Prequalify With a Soft Credit Check
Most lenders serving New York will show you an estimated APR using a soft inquiry that does not touch your credit score. Prequalify with several before formally applying. The advertised rate is the best-qualified rate, and the number you personally receive can differ by many percentage points.
Compare APR, Not the Interest Rate
Origination fees run as high as 10% of the amount borrowed and come straight out of your proceeds, so a loan with a lower interest rate can cost more than one with a higher rate and no fee. APR folds the fee in, which makes it the only number worth comparing across lenders.
Check Local Credit Unions First
Credit unions consistently publish the lowest personal loan APRs in our New York data, and many charge no origination fee. Membership is usually easier than expected; many accept anyone who lives, works, or worships in the area. Federal credit unions are also capped by regulation on what they may charge.
Borrow Only What You Need, for as Short a Term as You Can
Lenders often price longer terms at higher APRs, so a 60-month loan can cost more per dollar borrowed than a 36-month loan on top of accruing interest for longer. Take the shortest term whose payment comfortably fits your budget, and resist rounding the amount up.
- Buying a vehicle? A secured New York auto loan will almost always beat an unsecured personal loan
- Home improvements and you have equity? Compare home equity rates, though your home becomes collateral
- Not urgent? Building the money in a New York high-yield savings account costs nothing and earns interest instead of paying it
New York Financial Snapshot
Local demographics and economic context for borrowers. Source: U.S. Census Bureau
A $381 monthly loan payment is roughly 9.0% of the median individual income in New York. Lenders generally want your total monthly debt payments, including housing, to stay under roughly 36% of gross income, so consider the new payment alongside everything you already owe.
Personal Loan vs. Other Ways to Borrow
A personal loan is fast and requires no collateral, but it is not always the cheapest way to borrow. Here is how it compares to the main alternatives available to borrowers in New York.
| Feature | Personal Loan | Credit Card | 0% Balance Transfer | Home Equity Loan / HELOC |
|---|---|---|---|---|
| Typical APR Level | ● Mid, fixed | ✗ Highest, variable | ✓ 0% for a promo window | ✓ Usually lowest |
| Collateral Required | ✓ None | ✓ None | ✓ None | ✗ Your home is at risk |
| Payment Predictability | ✓ Fixed payment and payoff date | ✗ Revolving, can last indefinitely | ● Rate jumps when promo ends | ● Fixed for loans, variable for HELOCs |
| Speed to Funding | ✓ Often 1–3 business days | ✓ Immediate if you hold the card | ● Card approval plus transfer time | ✗ Weeks (appraisal and closing) |
| Upfront Costs | ● Origination fee up to ~10% | ✓ None | ● Transfer fee, typically 3–5% | ● Closing costs possible |
| Best For | Consolidation and one-off costs, no collateral | Small balances paid in full monthly | Debt you can clear inside the promo window | Large projects when you have equity and time |
General comparison for educational purposes; terms, eligibility, and pricing vary by lender and borrower credit profile. Borrowing against your home converts unsecured debt into secured debt; missed payments can put the property at risk. MonitorBankRates is not a lender or financial advisor.
Personal Loan Payment Calculator
Estimate your monthly payment, total interest, and what an origination fee actually costs you. We’ve prefilled the APR with the current NY average, or click any rate on the right to apply it instantly.
Estimates assume a fixed-rate, fully amortizing loan with equal monthly payments and no prepayment. “Cash you actually receive” subtracts any origination fee deducted from proceeds; you still repay, and pay interest on, the full loan amount. Advertised APRs typically require strong credit; your approved rate may differ. This tool is for illustration and is not a loan offer.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our New York personal loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Personal Loan Rate Data: We aggregate personal loan rates for New York directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available personal loan products in New York. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in NY.
Regularly Updated APRs: Our rate updaters verify and update personal loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Personal loan APRs shown typically represent “as low as” rates for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, and loan amount.
Frequently Asked Questions
What credit score do I need for a personal loan in New York?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in New York?
Are credit unions or banks better for personal loans in New York?
What is an origination fee on a personal loan?
Does checking personal loan rates hurt my credit score?
Can I pay off a personal loan early?
What are the best personal loan rates in New York?
- Hudson River Community Credit Union: 4.25% (Share Secured Loan)
- Haverhill Fire Department Credit Union: 4.49% (Share Secured/Credit Building Loan)
- First New York Federal Credit Union: 4.74% (Solar Loan)
- Sunmark Credit Union: 4.74% (Share Secured Loan)
- IAM Federal Credit Union: 5.00% (Non-Collateral Signature Loans)
