Best Personal Loan Rates in Memphis, Tennessee - July 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 Memphis, Tennessee include: U TU T910 Madison Ave, Memphis, TN, 38103A+5.0 ★Texas Ratio: 1.45% offering Liberty Summer Loan Special at 6.99% APR, Espeeco Federal Credit UnionEspeeco Federal Credit Union2650 Thousand Oaks Blvd, Memphis, TN, 38118A+5.0 ★Texas Ratio: 3.82% offering Signature Loan at 7.00% APR, Hope Federal Credit Union Jackson, MSHope Federal Credit Union Jackson, MS1451 Madison Ave, Memphis, TN, 38104A+5.0 ★Texas Ratio: 7.39% offering 48 Months Loan at 7.50% APR, Memphis City Employees Credit UnionMemphis City Employees Credit Union2608 Avery Ave, Memphis, TN, 38112 4821A+5.0 ★Texas Ratio: 1.64% offering 4-Wheelers New Loan at 7.99% APR, and Firefighters First Federal Credit UnionFirefighters First Federal Credit Union5150 Stage Rd Ste 102, Memphis, TN, 38134 3169A+5.0 ★Texas Ratio: 1.51% offering Signature Loan at 8.74% APR. Personal loan rates as of July 6, 2026 according to verified data from MonitorBankRates.
Memphis has 12 local institutions in our database, with personal loan rates as low as 6.99% APR from U T at 910 Madison Ave, Memphis, TN, 38103. Use the tabs below to compare all available personal loan types. Rates are continually updated — 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 Memphis, Tennessee.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Memphis, Tennessee. 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: July 6, 2026
Memphis Personal Loan Rates
As Low As; New money only. Eligibility required. NCUA insured.
As Low As
Maximum Amount: 20% of Gross Income - Depends on Credit Score
Maximum Amount: 20% of Gross Income - Depends on Credit Score
No additional details available.
No additional details available.
No additional details available.
Maximum Amount: $1,000
No additional details available.
No additional details available.
No additional details available.
Member's interest rate decreased from 13.99% to 8.99%.
No additional details available.
Models 2015 - 2016
No additional details available.
maximum $35,000
No additional details available.
APR* Up To: 18.00%
As Low As
No additional details available.
No additional details available.
No additional details available.
As Low As
Up to $10,000
As Low As
As Low As
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
Amount: Up to $2000
No additional details available.
No additional details available.
As Low As; 100% Retail
As Low As
No additional details available.
As low as
As Low As
Credit Rating: A+
Credit Rating: A+
Appraised Value or Purchase Price (whichever is less). The rate show is the lowest available rate. Your rate may be higher depending on your credit score.
No additional details available.
Credit Rating: A
Credit Rating: A+
No additional details available.
No additional details available.
Appraised Value or Purchase Price (whichever is less). The rate show is the lowest available rate. Your rate may be higher depending on your credit score.
Credit Rating: A
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Credit Rating: A
No additional details available.
As Low As
No additional details available.
No additional details available.
No additional details available.
As Low As
Loans up to $250,000. No prepayment penalties. Personal guarantees may be waived.
As Low As; Fixed
Credit Rating: B
No additional details available.
Credit Rating: B
Limits: $500-$50,000
As Low As; APR = Annual Percentage Rate. Rates subject to change without notice.
Amount: Up to 100%
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
The rate show is the lowest available rate. Your rate may be higher depending on your credit score.
Credit Rating: B
No additional details available.
Purchase Price Plus Sales Tax. The rate show is the lowest available rate. Your rate may be higher depending on your credit score.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As
As Low As; Rate accurate as of July 3, 2026
Credit Rating: C
No additional details available.
As Low As; Including Debt Consolidation
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Credit Rating: C
As Low As; Rate accurate as of July 3, 2026
$1,500; As Low As
As Low As
$26,000; As Low As
No additional details available.
No additional details available.
No additional details available.
As Low As
Rate accurate as of July 3, 2026
As Low As; Rate accurate as of July 3, 2026
Credit Rating: D
Limits: $500-$25,000
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As; APR* 36 Months
As Low As; See disclosure section below for details
No additional details available.
No additional details available.
Unsecured loan rate as low as 10% for limits less than $2000. Terms at 12 months.
No additional details available.
Rate accurate as of July 3, 2026
No additional details available.
Credit Rating: D
Credit Score: 850-750
Credit Score: 850-750
As Low As
Rate accurate as of July 3, 2026
Credit Score: 749-700
No additional details available.
No additional details available.
No additional details available.
No additional details available.
As Low As; APR* 48 Months
Credit Score: 749-700
Max $50,000
Rate accurate as of July 3, 2026
Credit Score: 699-650
Max $50,000
Variable
As Low As
Credit Score: 699-650
As Low As; APR* 60 Months
No additional details available.
No additional details available.
No additional details available.
Single payment
Rate accurate as of July 3, 2026
No additional details available.
No additional details available.
As Low As; Fixed
No additional details available.
No additional details available.
No additional details available.
Limits: $500-$7,500
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
Regular APR: 25.15%
Memphis Personal Loan Rates
As Low As
As Low As
As Low As
Amount: Up to $2000
As Low As
No additional details available.
As Low As
Rate accurate as of July 3, 2026
As Low As; See disclosure section below for details
As Low As; APR* 36 Months
Rate accurate as of July 3, 2026
No additional details available.
Rate accurate as of July 3, 2026
As Low As; APR* 48 Months
Rate accurate as of July 3, 2026
As Low As; APR* 60 Months
Rate accurate as of July 3, 2026
No additional details available.
No additional details available.
Memphis Debt Consolidation Loan Rates
maximum $35,000
$26,000; As Low As
No additional details available.
No additional details available.
Memphis Signature Loan Rates
As Low As
Maximum Amount: 20% of Gross Income - Depends on Credit Score
No additional details available.
Member's interest rate decreased from 13.99% to 8.99%.
No additional details available.
No additional details available.
APR* Up To: 18.00%
No additional details available.
No additional details available.
No additional details available.
As Low As
As Low As; APR = Annual Percentage Rate. Rates subject to change without notice.
The rate show is the lowest available rate. Your rate may be higher depending on your credit score.
No additional details available.
As Low As
As Low As; Including Debt Consolidation
No additional details available.
No additional details available.
As Low As
No additional details available.
No additional details available.
Credit Score: 850-750
Credit Score: 850-750
As Low As
Credit Score: 749-700
No additional details available.
Credit Score: 749-700
Max $50,000
Credit Score: 699-650
Max $50,000
Credit Score: 699-650
As Low As
Variable
No additional details available.
As Low As; Fixed
No additional details available.
As Low As
No additional details available.
As Low As
Memphis, TN Personal Loan Rate Trends
Compare local Memphis, TN 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.
Tennessee personal loan rates currently average 10.819% APR.
Tennessee signature loan rates currently average 11.189% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Memphis, Tennessee 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 Memphis, Tennessee 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 Memphis, Tennessee. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in TN.
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 Tennessee?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in Tennessee?
Are credit unions or banks better for personal loans in Memphis, Tennessee?
What are the best personal loan rates in Memphis, Tennessee?
- U T: 6.99% (Liberty Summer Loan Special)
- Espeeco Federal Credit Union: 7.00% (Signature Loan)
- Hope Federal Credit Union Jackson, MS: 7.50% (48 Months Loan)
- Memphis City Employees Credit Union: 7.99% (4-Wheelers New Loan)
- Firefighters First Federal Credit Union: 8.74% (Signature Loan)
Personal Loan Calculators
