Best Egg vs LendingPoint

The short version

Best Egg and LendingPoint both arrange fixed-rate installment loans for borrowers with fair-to-good credit, both deduct an origination fee from your proceeds, and neither publishes a hard minimum credit score. Best Egg is run by Marlette Funding, LLC, with loans made by Cross River Bank or Column N.A.; LendingPoint’s loans are funded through banks including FinWise Bank and Coastal Community Bank, or directly by LendingPoint where it holds its own license. Where they diverge most is loan ceiling and term: Best Egg can lend up to $50,000, against LendingPoint’s $36,500 cap — but LendingPoint’s terms stretch to 72 months, a year beyond Best Egg’s 60-month ceiling.

APRs, as of September 2026, run 6.99% to 35.99% at Best Egg and 7.99% to 35.99% at LendingPoint. Best Egg’s origination fee runs 0.99% to 9.99% of the loan (never less than 4.99% on a term of four years or more); LendingPoint’s runs 0% to 10%. Neither lender publishes a minimum credit score; Best Egg also doesn’t publish an income or age requirement on the pages we checked.

Rates and fees

Best Egg’s published range is 6.99% to 35.99% APR, with an origination fee of 0.99% to 9.99% deducted from your proceeds, rising to a floor of at least 4.99% on any term of four years or longer; there’s a $15 returned-payment fee and no prepayment penalty. LendingPoint’s published range is 7.99% to 35.99% APR, with an origination fee of 0% to 10% of the loan amount also deducted from proceeds, and no prepayment penalty; LendingPoint doesn’t publish a late-fee amount on the pages we checked.

Take a $10,000 loan over 36 months at the midpoint of each lender’s published ranges, to compare the two on equal footing.

Best Egg, 21.49% APR (midpoint of 6.99%-35.99%), using the midpoint of its 0.99%-9.99% fee range (5.49%). The fee is $549.00, so you’d receive about $9,451.00 in cash. An APR already includes the origination fee by definition, so we amortize the cash you actually receive at the APR rather than counting the fee a second time: a payment of about $358.45 a month, total payments of about $12,904.20, and a total cost of roughly $3,453.20. These are our own amortization figures, not a lender quote. Best Egg’s own example, at a specific rate rather than a range, is a 5-year $10,000 loan at 9.99% APR: 60 payments of $201.81.

LendingPoint, 21.99% APR (midpoint of 7.99%-35.99%), using the midpoint of its 0%-10% fee range (5%). The fee is $500.00, so you’d receive about $9,500.00 in cash. An APR already includes the origination fee by definition, so we amortize the cash you actually receive at the APR rather than counting the fee a second time: a payment of about $362.76 a month, total payments of about $13,059.36, and a total cost of roughly $3,559.36. These are our own amortization figures, not a lender quote. The LendingPoint review’s own illustration (our math, not a LendingPoint quote), at 29.99% APR with a 6% fee over 60 months, put the payment at about $304.06 a month and total payments at about $18,244.

Who qualifies

Best Egg doesn’t publish a minimum credit score, income, or age, but does ask for your name, address, date of birth, and identity documents for federal verification. It isn’t available in Iowa, Vermont, West Virginia, DC, or US territories, and charges a higher minimum loan in Massachusetts ($6,500), Ohio ($5,001), and Georgia ($3,001). LendingPoint asks for verifiable annual income of at least $35,000, an active US bank account, and an age of at least 18; it doesn’t publish a hard minimum credit score either, though third-party analyses put the practical floor around 640. It isn’t available in Connecticut, Iowa, Maryland, Maine, Nebraska, Nevada, Vermont, West Virginia, or DC.

Speed and funding

Best Egg says about half of its customers get their money the next day, and that after successful verification the rest typically see funds within 1 to 3 business days, depending on their own bank’s policies. LendingPoint says decisions are often available within minutes to hours of completing an application, with funds typically sent by ACH as soon as the next business day after you e-sign the final loan agreement.

Where each one wins

• Best Egg — a higher loan ceiling ($50,000 versus LendingPoint’s $36,500).
• Best Egg — a secured option using home fixtures, not the house, as collateral, which Best Egg says averages a 20% APR discount.
• Best Egg — a lower APR floor (6.99% versus LendingPoint’s 7.99%) as of September 2026.
• LendingPoint — a fee floor of 0%, so some borrowers pay no origination fee at all, versus Best Egg’s 0.99% minimum.
• LendingPoint — terms up to 72 months, a year beyond Best Egg’s 60-month ceiling, for a lower payment on a large balance.

Bottom line

If you need more than $36,500, or a lower APR floor matters more than a longer term, Best Egg’s higher ceiling and 6.99% starting rate make it the one to check first. If you’re in a state LendingPoint serves and might qualify for its 0% fee floor, or you want the extra payment flexibility of a 72-month term, LendingPoint’s wider term range is worth comparing against it. Origination fees and prepayment penalties, decoded is useful context before you accept either offer. Read the full Best Egg review and LendingPoint review, then start a loan request to see what you might actually qualify for.