Never a lull at PYMNTS’ Research Center and Vendor Ranking Cafe, deep in a hidden mountain fortress whose location cannot be disclosed at this time. Or at any time. Index: It’s hidden.

There, we sip coffee through masks (Halloween, not HEPA, at this point) and analyze player field data in this new update to the Personal Loan App Provider Rankings.

This ranking is usually quite sleepy, without much movement – ​​loan is serious business, after all.

There are always exceptions, however, and this month’s ranking is one of them.

The Top 5

No surprises as we open the SoFi app at #1, having added a record 523,000 new members in Q4 2021. You could say “SoFi, so good” if you thought you were funny.

The MoneyLion app has been booming at SoFi since its second place. Stamina is the key to ranking.

Still at No. 3 and not moving, the Avant app branched out into banking late last year.

Here with the Top 5 big dogs, we have the Upgrade app again at #4. After patiently conquering the Top 5, we didn’t expect any movement there.

This brings us to catwalk position #5, where we find that a new name has entered those hallowed ranks.

We welcome the PaySense app to the Top 5, taking 5th place.

Tea is at 4 p.m. sharp in the conservatory. You will hear the bandage gong.

Top 8

Personal loans may be our shortest ranking, usually with around eight applications in total. It’s because it’s not easy to reach the Top 8. You need courage, determination and loans.

One such winner is the LendingClub app, which moves up a spot to take sixth place this time around.

Meanwhile, the LendingTree is rooted at #7. No changes here.

Now we come to #8 where, to our surprise, we find that a new name has materialized.

It’s the Earnest app, coming out of nowhere to grab eighth place in the leaderboard. Well done, you.

This is the end of this edition of PYMNTS Personal Loan Application Provider Rankings.

You even have time to download one of these apps and borrow a few dollars.

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NEW PYMNTS DATA: ACCOUNT OPENING AND LOAN SERVICE IN THE DIGITAL ENVIRONMENT

On: Forty-two percent of US consumers are more likely to open accounts with financial institutions that facilitate automatic sharing of their bank details upon sign-up. The PYMNTS study Account opening and loan management in the digital environmentsurveyed 2,300 consumers to explore how FIs can leverage open banking to engage customers and create a better account opening experience.