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SMALL LOANS

Protect your savings with a small personal loan

Checking your rate won't impact your credit score1

What is a small loan?

A small loan from Happen Bank is a fixed-rate personal loan that can help you get exactly what you need to pay down high-interest debt or cover your expenses now while keeping your monthly payment the same for the duration of your repayment plan. A small personal loan can start as low as $1,000 and offers competitive rates.

When you need to borrow a small amount of money to cover unexpected expenses and don’t want to dip into savings, a personal loan is a smart alternative to high-interest credit cards or other expensive options like payday or auto title loans.

Join over 5 million members

  • Borrow a small amount, only what you need

  • Quick and easy online application

  • Eligibility based on credit history

  • Funded in as little as 24 hours

  • No prepayment fees

Check Your Rate

Why get a small loan?

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Funded in as little as 24 hours

Once your loan is approved for funding, we’ll pay your creditors directly or send the money in as little as 24 hours.
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Protect Your Savings

Avoid dipping into savings or retirement funds and keep your finances on track.
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Lock in a Fixed Rate

With a fixed rate, your monthly payment will never increase.
Check Your Rate

Small loans offer big flexibility, allowing you to cover nearly any expense with fixed monthly payments.

  • Debt consolidation

  • Car repairs

  • Home repairs and upgrades

  • Major appliance purchases

  • Electronics purchases

  • Veterinary bills

  • Medical expenses

  • Moving and relocation

With LendingClub, you can check your rate on a personal loan for small expenses or debt consolidation without obligation or impacting your credit score. Once you’ve found the best option, you’ll complete the application process, including a hard pull of your credit report, and a review of your debt-to-income ratio, overall debt, and income.

In many cases, you can complete the process entirely online. Once your loan is approved, money is deposited directly into your bank account typically within two days, so you can cover your expenses right away. You’ll then be able to make fixed monthly payments for the duration of your repayment term. If at some point you decide to pay off your loan early, no prepayment fees will be applied.

When deciding which personal loan lender is right for you, you’ll want to compare:

  • Loan amounts: Loan amounts vary by lender and eligibility criteria. Some lenders may set minimum loan amounts higher than you need.

  • Repayment terms: A longer loan term can lower your monthly payment, but a shorter term will cost you less overall.

  • Interest rate ranges: Interest rates and APRs vary by lender. The lower your APR, the less your loan will cost overall.

  • Eligibility requirements: Loan approvals are typically based on your credit score, payment history, and income, among other factors.

  • Fees: Application costs, origination fees, and prepayment penalties vary by lender and may impact your total cost. Compare APRs between different lenders to understand the true cost of each loan offer.

  • Joint applications: If you think you might not qualify on your own based on your credit history, work with a lender that accepts co-borrowers and apply together for a joint personal loan.

Personal loans vs. Credit cards

Personal loans

  1. Installment loans can help you pay down debt and take control of your budget
  2. Single, fixed rate monthly payment is easy to manage
  3. Fixed monthly payment and payoff date saves you money over time
  4. Lower average APRs compared to credit cards2

Credit cards

  1. Revolving credit accounts can lead to overspending
  2. Managing multiple credit cards with variable due dates, limits, and terms is time consuming and stressful
  3. Low minimum monthly payments and revolving compound interest can trap you in a cycle of debt
  4. Higher average APRs are an expensive way to pay for large purchases

What our members are saying

I applied for a small loan and was approved the next day. Within a day or two later, I had my loan. It could not have been easier. This is the second time I have used this bank and I am extremely satisfied.3

—Dagney, a member from Maryland 


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How Happen Bank personal loans work

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How Happen Bank personal loans work

Check Your Rate
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88 Kearny Street, Suite 600
San Francisco, CA 94108

  • 1Checking a rate through us generates a soft inquiry on a person’s credit report, which does not impact that person’s credit score. A hard credit inquiry, which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person.

  • 2On average, Personal Loans from Happen Bank Bank are offered at an APR of 17.63% with an origination fee of 6% and a principal amount of $19,234 for loans with term lengths of 36 months, based on current credit criteria and an analysis of historical borrower data between April 2025 and June 2025. Between April 2025 and June 2025, the average APR for credit cards was 21.16%, according to publicly available information published by Federal Reserve https://www.federalreserve.gov/releases/g19/current/. If a borrower pays off a credit card balance of $18,080 with an APR of 21.16% over 36 equal monthly payments, the borrower will pay $6,495 in total finance charges. If the borrower obtains a Personal Loan with a term of 36 months and an amount financed of $18,080 (principal amount of $19,234 with an origination fee of $1,154) at 17.63% APR, the borrower’s monthly payment will be $692 and the borrower will pay $5,670 in total finance charges over the term of the loan, a savings of $825 as compared to the average credit card finance charges over the same 36-month term for Happen Bank Personal Loan borrowers with average credit scores. 

  • 3Based on reviews collected by Trustpilot. All such reviews can be accessed at trustpilot.com/review/happen.com. This is one person's experience. Individual results may vary.

A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $27,198 for a term of 36 months, with an interest rate of 14.49% and a 6% origination fee of $1,632, for an APR of 17.32%. In this example, the borrower will receive $25,566 and will make 36 monthly payments of $936. Loan amounts range from $1,000 to $75,000 and loan term lengths range from 24 months to 84 months. Some amounts, rates, and term lengths may be unavailable in certain states, and may not be available for all Personal Loan products.

Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and credit usage and history.

Unless otherwise specified, all credit and deposit products are provided by Happen Bank, N.A., Member FDIC, Equal Housing Lender (“Happen Bank”), a wholly-owned subsidiary of Happen, Inc., NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit products are subject to approval, which may include credit approval. 

Our mailing address is: Happen Bank, N.A., 88 Kearny Street, Suite 600, San Francisco, CA 94108. 

“Happen” and the “H” symbol are trademarks of Happen Bank.

© 2026 Happen Bank. All rights reserved.

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