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Best personal loans for fair credit

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There are plenty of good personal loans to consider — even with fair credit.

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Economic conditions have been challenging for a while. And though inflation is cooling and interest rates are poised to drop soon, many consumers are still struggling financially.

For those feeling financially strapped, personal loans can sometimes be worth exploring. 

Not all personal loans are created equal, though — especially if your credits not pristine. Are you considering a personal loan with a few issues on your credit report? Here are the best options for borrowers with fair credit.

Find out how affordable the right personal loan could be now.

Best personal loans for fair credit

If you’re looking for a loan with less-than-perfect credit, here are some of the best personal loans for fair credit, broken down into five categories.

Best overall: Upstart

Online lender Upstart is our pick for best personal loan. The company offers a blend of low, fixed interest rates, fasting funding times and high loan amounts (up to $50,000), and it considers non-credit information when evaluating your application — things like education and employment.

Applying for a loan takes less than five minutes, and most borrowers can get approved instantly. Funds are then issued in 24 hours or less for many applicants. Upstart offers three- and five-year terms.

Learn more about Upstart loans here.

Best for large amounts: PenFed

PenFed is another option if you’re looking for a large loan amount. The credit union offers personal loans with limits up to $50,000 and terms of up to five years. You can use the loan for debt consolidation, home improvements, adoption, weddings and more, and there are no origination, early payoff or balance transfer fees. Funding happens as quickly as the next business day. 

Learn more about your PenFed loan options here.

Best for quick approval: Prosper

Prosper’s a smart option if you’re looking to get your personal loan quickly. You can check your rate online in minutes, customize your term and monthly payment, and then receive funding in as little as one business day. Funds are direct-deposited into your bank account for immediate use. Prosper’s loan terms range from two to five years.

Best for low rates: LightStream

If snagging the lowest interest rate is your goal, look to LightStream. The lender offers the lowest potential APRs of all companies we considered, with rates starting at just 6.99% (with a 0.50% autopay discount included). 

Loans can be used for home improvements, debt consolidation, car purchases or refinancing, boat/RV/aircraft purchases, K-12 education, medical costs, buying a timeshare and more. And if you’re approved, you can even receive your funds the same day. 

Explore your LightStream loan options here.

Best for extended terms: SoFi

For a longer payoff time, consider SoFi. The online bank offers personal loans that range from two years to seven — much longer than the typical five years offered by most lenders. 

The lender also lets you prequalify in 60 seconds, and you can get funding the same day you apply. There are no fees and interest rates are fixed so your rate and payment will never change.

Learn more about SoFi personal loans here.

The bottom line

Make sure you shop around and compare at least a few lenders before getting a personal loan. Look at rates, terms, and repayment options — and consider customer reviews and ratings, too. This will ensure you get the best possible loan for your needs and budget.



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U.S. Air Force gives update on new B-21 stealth bomber: “Nobody on the planet can do what we’re doing”

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Air Force leaders gave an update on the B-21 Raider, a futuristic aircraft that is expected to become the United States’ next nuclear stealth bomber. 

The aircraft can deliver both “conventional and nuclear munitions,” according to a news release from the Air Force, but will be “critical to deterring conflict” around the world. Gen. Thomas Bussiere, commander of the Air Force Global Strike Command, said the stealth bomber will help the United States keep pace with threats worldwide.

“We are the free world’s only bomber force. … Nobody on the planet can do what we’re doing right now,” Bussiere said, adding that there will likely be an increased demand for the support the stealth bomber can provide in the coming years. 

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A B-21 Raider conducts flight testing, which includes ground testing, taxiing and flying operations, at Edwards Air Force Base, Calif. 

Air Force Global Strike Command


Currently, the stealth bomber remains in the test flight stage, and is doing two such flights a week, according to Thomas Jones, the Northrop Grumman Aeronautics Systems sector president. A photo shared by the Air Force shows one of the bombers during flight testing.

“We’re really starting to strike up quite a cadence … when we started this journey, we made a vow that we were going to design this system to be a daily flyer,” Jones said, according to the release. “It’s been a phenomenal year of progress, and we hope to continue that through the next year.”  

A recent notable test confirmed the stealth bomber’s structural design and integrity, according to officials. The plane is now going through a fatigue testing campaign.

Once the planes are tested, some of the aircraft will be delivered to the Ellsworth Air Force Base in South Dakota to help train Air Force squadrons on the stealth bomber. When the B-21 enters the service, this site will be the main operating base for the stealth bomber.  

Whiteman Air Force Base in Missouri will be a secondary base, and Dyess Air Force Base in Texas a third. 

The stealth bomber is set to replace the B-1 Lancer and B-2 Spirit bombers in the Air Force’s fleet. 



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The best mountain bikes in 2024 for every kind of rider

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Whether you’re barreling down a mountainside or taking a leisurely ride along your local trail, a great mountain bike is key. But what exactly does a great mountain bike look like, in terms of features? It depends on the kind of terrain and riding style you do.

The best mountain bike for long, cross-country rides will have very different specs than a downhill bike. Some offer full suspension for a smooth ride on bumpy trails. Some have wider tires that are better at gripping wet or sandy terrain. Some are designed for maximum pedaling efficiency and serious stopping power so you can climb steep mountainsides without wearing yourself out. No matter where you and your new bike are headed this fall, we’ve rounded up the best mountain bikes for every rider and every terrain in 2024. Don’t forget to strap on your bike helmet.


Best mountain bike for beginners: Giant Talon 29 1

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Mike’s Bikes


The Giant Talon 29 1 is a solid entry-level mountain bike at a reasonable price point. With its balanced frame geometry and high-traction tires, it’s great for a comfortable, stable ride on most trails. While that means it’s not specialized for uphill climbs or cross-country speed, the balanced design is great for beginners or casual riders who aren’t planning to tackle those more challenging technical trails just yet.

With 80mm to 100mm of suspension travel, this hardtail mountain bike strikes that perfect balance of pedaling efficiency and shock absorption.

Riders can also adjust the suspension within that range by adjusting the air spring and the rebound damping. That gives you improved steering precision and a better ride feel since you can tailor it to your needs. If you’re a beginner, it may take some trial and error to fine-tune those settings, but playing around with them is a great way to learn how suspension impacts your ride.

Get this reliable entry-level mountain bike at Mike’s Bikes for $950.

Top features of the Giant Talon 29 1:

  • Grippy tires offer great traction in any trail conditions.
  • The balanced frame geometry makes this a comfortable bike for most riders.
  • The adjustable suspension fork allows you to fine-tune this mountain bike for your needs.

Best trail bike: Santa Cruz Tallboy C R

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Backcountry


A full-suspension mountain bike with 120mm and 130mm suspension travel on the rear and front, respectively, it doesn’t get cushier than the Santa Cruz Tallboy C R (at least, not at this price point). Built for cross-country or trail riding, this bike’s design allows you to glide through rocky terrain almost as if you were just cruising on a paved road. That suspension also helps cushion the impact on pops and short drops so you can build up speed while navigating the trail with confidence.

With that said, it can be a little sluggish on uphill climbs. But if you typically stick to more straightforward trails, you won’t have to deal with that issue. For those just-for-fun weekend trail rides, this is the mountain bike you want.

Get this comfortable, agile trail bike at Backcountry while it’s on sale for $3,849 (reduced from $4,799).

Top features of the Santa Cruz Tallboy C R:

  • Boasting full suspension, this mountain bike is a comfy ride no matter how bumpy the terrain.
  • The carbon C frame is both lightweight and stiff for better control and improved agility.
  • The four-piston brakes offer excellent stopping power.

Best fat tire mountain bike: State 6061 Trail+

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State Bicycle Co.


For wet or sandy trails, traction is everything, which means you need a fat tire bike like the State 6061 Trail+. With 4.5-inch wide tires that can handle running even at low PSI, this mountain bike can grip the trail no matter how loose or slippery.

Whether you want to cruise along sandy beaches or power through snowy mountain trails, the stability of this fat tire bike is the key to doing so safely and confidently. You won’t be building up much speed, but you’ll have a lot of fun plowing through trails that a standard trail bike couldn’t even touch.

Get this fat tire bike directly from State Bicycle Co. for $1,000.

Top features of the State 6061 Trail+:

  • Thick 4.5-inch tires provide extra grip for wet or loose terrain like snow, sand and mud.
  • With low PSI capabilities, you can lower the tire pressure to widen the surface area even further to maximize your grip on soft, slippery trails.
  • The alloy frame is stiff and strong without adding any more bulk than necessary.

Best mountain bike under $500: Huffy Stone Mountain

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Amazon


The Huffy Stone Mountain is a hardtail mountain bike that is lightweight and offers good traction for navigating trails. The budget-friendly bike is missing a lot of the features you’ll find on the more advanced mountain bikes listed above. However, if you’re just starting out and just want to get out on a trail to see if you like mountain biking, this is a good bike to start with.

While you can’t take it on any serious trails, it’s got the basics you need for easy local bike trails. Use it to get a feel for the sport and then upgrade to a mountain bike better suited to the kind of trails you want to tackle. Then, pass this Huffy Stone Mountain on to a friend or teen who’s curious about mountain biking.

A bestseller on Amazon, this budget mountain bike is available for as low as $200.

Top features of the Huffy Stone Mountain:

  • This budget entry-level bike is great for casual rides on easy bike trails.
  • A wide variety of frame and wheel sizes allows you to get the right fit for your height.
  • The lightweight, high-traction design is just enough to let you get a feel for mountain biking before committing to a higher-priced mountain bike with more advanced features and customizability.

Shop more top-rated mountain bikes:


What type of mountain bike should a beginner get?

The best mountain bike for a beginner is a balanced, versatile one. Since you’re probably not tackling steep inclines and declines yet, opt for a trail bike that offers great traction, strong brakes and easy maneuverability along bumpy, muddy trails. That means grippy tires and responsive steering so you can confidently control your bike over tree roots, up hills and on descents.

If the trails you’re eager to go on are largely uphill, look for a bike that’s lightweight with a firmer pedaling platform. Those two features will improve climb efficiency so you’re not wearing yourself out on those uphill stretches.


Do I need a full-suspension mountain bike?

You don’t need a full-suspension mountain bike, but they are nice to have. Unlike hardtail mountain bikes, which only have suspension in the front, full-suspension mountain bikes have suspension in both the front and rear. That extra suspension helps absorb shock, cushioning the impact as you hop over bumps or navigate downhill jumps and drops.

That cushier feel can be nice even on milder trail rides, but they tend to be significantly more expensive and require more maintenance than a hardtail mountain bike. So it might not be worth the extra expense and care if you don’t usually do technical trails or downhill riding. 




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Trump looking to appeal to Jewish voters on campaign trail

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Trump looking to appeal to Jewish voters on campaign trail – CBS News


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Former President Donald Trump is in Washington Thursday for an event aimed at combatting antisemitism and an address before the Israeli-American Council National Summit. CBS News campaign reporter Taurean Small has more.

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