Original research
Which programs in the study publish a no-fee personal-loan option?
Quick answer
Nine of the 17 programs in this dated study had a no-fee choice. That means no fee for making the loan. Interest and other charges can still apply. Check the full cost for the same cash need and time to repay. Your own offer sets the terms you can get.
This 17-program sample is not the whole market and cannot predict your offer. CC BY 4.0 covers Rung-owned work, with third-party material excluded. This working report is public. Publisher review and third-party source clearance remain pending; no completed reviewer approval is claimed.
What does a $0 loan fee change?
With no fee taken out, a $10,000 loan can send $10,000 before any other deduction. You still need to repay it, usually with interest. Check late fees and any other charges in the offer.
A no-fee loan at a higher rate can cost more or less than one with a fee. Use the total paid minus cash received to compare the cost. Keep the monthly payment beside that total so you can judge both.
No-fee options close the proceeds gap, not the full cost
Scroll across to see all columns.
| Program | Fee structure | Important limit |
|---|---|---|
| Happen Bank | No-fee and fee-bearing options | The LendingClub consumer brand changed to Happen Bank on June 22, 2026. |
| SoFi | No-fee and fee-bearing options | The 6.99% floor includes two conditional discounts. |
| Discover | No origination fee | Discover is now a division of Capital One. |
| Wells Fargo | No origination fee | Only existing Wells Fargo customers with at least 12 months of relationship history can apply. |
| U.S. Bank | No origination fee | Non-clients can borrow no more than $25,000 and no longer than 60 months. |
| PNC | No origination fee | A ZIP-code tool is required to establish lower APRs. |
| Citi | No origination fee | New-to-Citi customers can borrow no more than $30,000; up to $50,000 is limited to eligible existing customers. |
| Alliant Credit Union | No origination fee | A member must wait at least 90 days before applying. |
| PenFed Credit Union | No origination fee | The public page contained blank placeholders for the current APR range and payment example when checked. |
No fee means loan amount before fees and cash received can match
With no fee for making the loan, a $10,000 loan can send $10,000. Check for any other amount taken out. You may still pay interest.
A higher APR can outweigh a $0 fee
Check the next part of your offer
Compare the cash and total cost in your own disclosure.
Use the research to ask better questions. Check the final terms before you sign.