Marcus Personal Loan Review 2024: Rates, Fees & Customer Experience

No fees, ever? We like the sound of that. The Marcus Personal Loan by Goldman Sachs¹ offers a straightforward approach to online lending, with simple loan terms and no hidden fees.

Although the name “Marcus” might not sound familiar, its operating bank, Goldman Sachs, will certainly ring a bell. Launched in 2016 as the retail banking brand of Goldman Sachs (think personal lending and high-yield savings accounts), Marcus offers a range of banking products, from its Marcus online savings to its no-fee, fixed-rate personal loans, which we’ll review here.

In this article

• An overview of Marcus by Goldman Sachs
• Which loan products does Marcus by Goldman Sachs offer?
• Personal loans at Marcus by Goldman Sachs
• Is Marcus by Goldman Sachs a good loan?
• FAQs about Marcus by Goldman Sachs
• Is Marcus good for personal loans?

An overview of Marcus by Goldman Sachs

Although Marcus by Goldman Sachs has only been around since 2016, the brand is fully owned and operated by Goldman Sachs Bank USA (which celebrated its 150th year in 2019). While Marcus by Goldman Sachs offers a range of retail banking products, the brand was originally created for the purpose of providing better, more consumer-friendly personal loans.

Within a year of its launch, Marcus reached the $2 billion lending mark, and it’s no wonder why. Its loan products are the result of extensive research and feedback from roughly 10,000 unhappy borrowers. That’s why when you get a loan from Marcus they offer things like fixed rates, no hidden fees, and a dedicated team of U.S. based borrowing specialists. Marcus borrowers also enjoy the flexibility of being able to apply online and customize their repayment plan by choosing their own payment dates.