$50,000 Personal Loans

Get pre-qualified for a personal loan. Checking rates won’t affect your credit score

Enter $600 - $100,000
Our Lending Partner Network
$50,000 Personal Loans

$50k Personal Loans

Searching for a $50,000 personal loan? Whatever the reason may be for you to get a $50k personal loan, we are here to help you find the best rates. It can seem like a daunting task to apply for a personal loan or even understand all the details, but we will explain in detail what to expect and how to go about it.

At Pasha Funding, we simplify this process and promise to make you feel confident in getting one step closer to your dreams by obtaining the funding you need.

Get started by comparing rates on $50k loans from our partners.

Fill out a simple and fast online application in just minutes

Compare best personalized rates and choose your loan offer

Borrow up to $50,000

Checking rates won’t affect your credit score

Compare personal loan rates

Compare best personal loan rates in our network

Need help finding the right loan?

No worries, we've got you covered! Compare personalized loan options in just minutes.

How Pasha Funding Works

How it Works
Apply in minutes

Get pre-qualified in just minutes and compare offers from top lenders. Checking rates won’t affect your credit score.

Choose your offer

Compare and choose an offer that works best for you based on your timeline and budget needs.

Get funded

After your loan is approved with the lender of your choice, receive your funds.

Compare personal loan rates

Can I get a personal loan for $50,000?

Depending on a variety of factors, you should be able to get a personal loan for $50,000. The ease of getting approved for that loan depends entirely on credit score, income, etc. What will make the whole process easier and more likely to happen is if you have a credit score of 650 or higher. If you have a lower credit score, there’s no need to worry - you may still get approved. Read on to find out what you can do to get approved despite a poor credit score.

Where to get a $50,000 personal loan

When shopping for a lender, there are several options available. With each lending institution, there are pros and cons. Make sure you understand what your own preferences are and what’s important to you. Understand that with poor credit or lower income, you will most likely have to make compromises on your ideal loan circumstances like interest payments, repayment terms, etc.

Online personal loan lenders

Online personal loan lenders will offer the most variety. If you have poor credit, this is where you are most likely to be approved for a personal loan of this size. Additional benefits include that you’re likely going to get the funds quickly, and interest rates are likely to be on the lower end.

Traditional banks

Traditional banks can be pickier when it comes to approving larger personal loans. If not approved, they are likely to approve you with a co-signer. Something that can impact if you get approved by a bank is if you have an account with good standing with them. An existing relationship that demonstrates you are financially responsible and hold a significant amount of funds in your accounts with them helps tremendously.

Credit unions

Credit unions operate similarly to traditional banks, but often offer lower interest rates than banks do.

How much does a $50,000 loan cost?

The total cost of a $50,000 loan depends entirely on your interest rate and repayment plan. Often, there are additional fees that are applied to your loan, so make sure to ask about those in order to factor in what the total cost of your loan will be. Using a personal loan calculator will help you figure out the details and help you compare who the best lender will be for you and your personal financial situation.

$50,000 personal loan calculator

How much do you need to borrow?


Total Payment


Total Interest


Monthly Payment


Ready to apply for a personal loan?

Compare rates from top lenders with no impact on your credit, ever.

Find Your Personalized Rate

Compare personal loan rates

When is a good idea to take out a $50,000 personal loan?

Assuming you’re trying to reduce the stress in your life by getting this personal loan, it’s advisable that you only apply for a $50,000 personal loan if you can easily make the monthly payments. If making these monthly payments will lead to you counting pennies and putting back the extra loaf of bread at the grocery store, this may not be the best financial decision for you at the moment.

What is the minimum credit score required for a $50k personal loan?

For banks and credit unions, the minimum credit score required often lies around 650. However, if you have a lower credit score there are plenty of online lenders who will work with you if you have a credit score as low as 560. This is why it’s so important to shop around to see what options are available to you.

Can I get a $50,000 personal loan if I have good credit?

This is the ideal circumstance - if you have good credit, congratulations! You’re much more likely to get approved, get the best interest rates, and have more options available to you. You’re also more likely to avoid the higher total interest rate, and be able to have more flexible terms.

Can I get a $50,000 personal loan if I have bad credit?

Many assume that if they have poor credit that they shouldn’t even bother applying for a $50k personal loan. However, don’t be too quick to jump to an assumption! There are different ways you could still qualify for a $50,000 personal loan despite the bad credit.

If your income is high, then you may be able to qualify despite poor credit. Lenders want to see that there is a high likelihood that you’ll be able to pay back the loan, and a high level of income qualifies as one of these assurances. You still have chances of getting approved without a high income. Your best bet is to either go to an online lender or to ask a trusted and close relative or friend to co-sign with you. As long as you have someone co-sign who has a great credit score, you’re good to go!

What are the monthly payments on a $50,000 personal loan?

Monthly payments will greatly differ on these loan characteristics:

  • Length of loan
  • Interest rate
  • Additional fees

The easiest way to determine how much your monthly payment will likely be is to get all of the required information (see above this paragraph) from your lender or several lenders you’re considering, and then put this into a personal loan calculator.

How long does it take to pay off a $50,000 personal loan?

Each lender will have a different repayment plan tailored to you and your personal financial circumstances. Typically, a $50,000 personal loan will be paid back over the course of 1 to 5 years. However, there are some lenders who offer longer repayment terms. In some cases, you can pay back in seven or even twelve years. It really simply depends on your lender’s terms! This is another reason why shopping around is important to do.

How do I qualify for a $50k personal loan?

There are various factors that will determine if you qualify for a $50,000 personal loan. These include your debt to income ratio, credit score, annual income, if you have an account with this bank or credit union, and whether or not you have a co-signer.

An ideal debt to income ratio that is typically approved by lenders is below 36%. Your credit score on the other hand is not quite as straightforward of an indicator if you’ll be approved or not. Obviously, you’re more likely to be approved if your credit score is good. However, you still could be approved with a lower credit score based on the other factors.

Your relationship with the bank or credit union, should you choose either of those options, can also positively influence the approval process. Banks want to keep their clients happy and retain them, so they are often more willing to work with you than if you weren’t an existing client. Co-signers can also increase your chances of getting approved for a $50,000 personal loan.

How quickly can I get a $50,000 personal loan?

How quickly you can receive your $50,000 personal loan completely depends on the route you take in terms of lending. For faster access to cash, an online lender may be the best option for you. Banks and credit unions often take longer to go through the approval process. Online lenders can (sometimes) approve you in as little as 24 hours. You can simply ask your bank or lender what the average approval processing time is.

Will obtaining a $50k personal loan impact my credit score?

Obtaining a $50,000 personal loan can actually improve your credit score, believe it or not! What impacts your score negatively is for example credit cards with high charges and being close to your limit. A personal loan shows diversified credit, which can increase your credit score. There are some circumstances in which it can also affect it negatively, but these are less likely to happen.

What is the best way to obtain a $50,000 personal loan online?

There are several ways to find online personal lenders. Often when searching, you will find websites that automatically draw comparisons for you between online lenders. This can be incredibly helpful in determining which online lender to apply to.

Compare loan options for good and excellent credit:

Browse personal loans by amount:

Additional resources

Federal Trade Commission (FTC): The FTC is a U.S. government agency that focuses on consumer protection. They provide guidance on various financial topics, including personal loans. You can find information on understanding personal loans and tips for borrowing wisely on their website.

U.S. Small Business Administration (SBA): Although primarily focused on assisting small businesses, the SBA offers resources and information on personal loans for business purposes. It can be helpful for entrepreneurs seeking loans to fund their ventures.

Consumer Financial Protection Bureau (CFPB): The CFPB is another U.S. government agency that provides consumer financial information and resources. They cover various aspects of personal loans, including understanding loan terms, comparing offers, and avoiding scams.

Apply for a $50,000 personal loan

The application process for a $50,000 personal loan is quite simple and can be broken down into four steps.

  1. Search and compare different lenders and loan options.
  2. Fill out an application, submit it, and make sure to include any important documents that the lender might need (tax statements, etc.).
  3. Ace the interview (not always applicable - some lenders include an interview into their application process).
  4. Receive your $50,000 personal loan.

As you can see, applying and getting approved for a large personal loan isn’t as stressful and complicated as often made out to be. With the right tools and information, this can be a very doable process and help relieve any financial tension that may exist in order to get one step closer to your big dream.

Personal Loans for Every Occasion

Compare Personal Loans in Minutes

Apply online and find your rate. Checking rates won’t affect your credit score.

Loan rate & terms disclosure: Prequalified rates are based on the information you provide and a soft credit inquiry. Receiving prequalified rates does not guarantee that the Lender will extend you an offer of credit. You are not yet approved for a loan or a specific rate. All credit decisions, including loan approval, if any, are determined by Lenders, in their sole discretion. Rates and terms are subject to change without notice. Rates from Lenders may differ from prequalified rates due to factors which may include, but are not limited to: (i) changes in your personal credit circumstances; (ii) additional information in your hard credit pull and/or additional information you provide (or are unable to provide) to the Lender during the underwriting process; and/or (iii) changes in APRs (e.g., an increase in the rate index between the time of prequalification and the time of application or loan closing. (Or, if the loan option is a variable rate loan, then the interest rate index used to set the APR is subject to increases or decreases at any time). Lenders reserve the right to change or withdraw the prequalified rates at any time.

Requesting prequalified rates on Credible is free and doesn't affect your credit score. However, applying for or closing a loan will involve a hard credit pull that impacts your credit score and closing a loan will result in costs to you.