PYMNTS-MonitorEdge-May-2024

MoneyLion Still Rules Atop the PYMNTS Personal Loan App Provider Ranking

personal loan app

Sometimes change is a good thing, and sometimes entire business sectors find their level and stick with it. Until something changes.

Change isn’t in the cards for this edition of the PYMNTS Provider Ranking of Personal Loan Apps, where not a single app in this short list has shifted position since our last sounding.

The Top 5

The MoneyLion app is still king of the personal loan app jungle at No. 1.

Solid at the No. 2 position it’s SoFi.

Upgrade keeps its No. 3 ranking for another cycle.

At No. 4 we’ve got the LendingClub app, holding steady for another month.

The tie at No. 5 moves into another measurement cycle as Avant and PaySense apps stay locked in place. We’ll be keeping an eye on that one.

The Top 10

As we’ve said before, it’s lonely at the top, as proven by the LendingTree at No. 6, with no other personal loan apps making the cut.

That’s all there is to it — until something changes. We’ll let you know.