Goldman Sachs Loans: What Happened to Marcus and Your Options

Many people still search for how to get a Goldman Sachs loan, often remembering the personal loans the bank used to offer through its Marcus brand. The situation has changed significantly in recent years, and it is important to understand what is still available before you plan to borrow.

In this article, you will see what happened to Marcus personal loans, what Goldman Sachs offers consumers today, what is changing with Apple Card and which alternatives you can consider.

Goldman Sachs and its move into consumer banking

Goldman Sachs was founded in New York in 1869 by Marcus Goldman and became one of the best-known investment banks in the world. For most of its history, it served corporations, governments, institutions and wealthy clients, not everyday consumers.

That changed in 2016, when the bank launched Marcus by Goldman Sachs, named after its founder. Marcus offered online savings accounts and unsecured personal loans with no fees, and it quickly attracted customers.

What happened to Marcus personal loans

After a few years, Goldman Sachs decided to scale back its consumer business. The bank stopped accepting new applications for Marcus personal loans in early 2023 and later sold parts of its existing personal loan portfolio to investment firms.

In practice, this means:

You cannot apply for a new personal loan from Marcus or Goldman Sachs.
Existing borrowers kept their original terms. If you have an old Marcus loan, check your statements and the servicer’s official communications to know where to make payments.
Be careful with websites or messages that still offer “Goldman Sachs personal loans.” They may be outdated or, in some cases, scams.

What Marcus still offers

Marcus did not disappear. Through Goldman Sachs Bank USA, it continues to offer deposit products, such as:

High-yield online savings accounts.
Certificates of deposit (CDs) with different terms.

These products can be useful for building an emergency fund or saving for a goal, but they are not loans.

Apple Card: a change in the issuer

Goldman Sachs is also known as the issuer of Apple Card, launched in 2019. In January 2026, Apple and JPMorgan Chase announced that Chase will become the new issuer of Apple Card. The transition is expected to take about two years and depends on regulatory approvals.

According to the announcements, current cardholders can keep using their cards normally during the transition, and Mastercard will remain the payment network. If you have an Apple Card, follow official notices from Apple and the issuer for any changes to your account.

Alternatives if you need a personal loan

Since Goldman Sachs no longer offers new personal loans, here are some alternatives to compare:

Banks: some large banks offer personal loans, often with better terms for existing customers.
Credit unions: they usually offer competitive rates and flexible terms to members.
Online lenders: many allow you to check your rate with a soft credit inquiry, which does not affect your credit score.
0% intro APR credit cards: for smaller amounts you can repay before the promotional period ends.

How to compare personal loan offers

When comparing loans, look beyond the monthly payment:

APR: the annual percentage rate includes interest and certain fees and is the best way to compare costs.
Fees: check for origination fees, late fees and prepayment penalties.
Term: longer terms reduce the monthly payment but usually increase the total interest paid.
Funding time: some lenders fund loans in a day or two, others take longer.
Requirements: credit score, income and debt-to-income ratio affect approval and rates.

Tips before you borrow

Check your credit reports for free at AnnualCreditReport.com and fix any errors.
Borrow only what you need and make sure the payment fits your budget.
Prequalify with several lenders to compare real offers.
Read the loan agreement carefully before signing.
Avoid lenders that ask for upfront payments to “guarantee” approval.

How to choose a personal loan today

With Marcus no longer offering new personal loans, borrowers need to compare other lenders. A practical approach:

Check your credit: review your reports for free at AnnualCreditReport.com and correct errors.
Define the amount and purpose: borrow only what you need.
Prequalify with several lenders: many allow you to see estimated rates with a soft inquiry that doesn't affect your score.
Compare the APR and total cost: not just the monthly payment.
Read the terms: look for origination fees, late fees and prepayment penalties.
Choose the shortest term you can afford: to reduce total interest.

Credit unions and community banks

Credit unions often offer competitive rates on personal loans, particularly for members with fair or good credit. Community banks may also provide personalized service. Membership in a credit union may depend on where you live, work or study, but many have broad eligibility rules.

Alternatives to borrowing

Before taking a loan, consider whether other options could work: using savings, negotiating payment plans directly with a provider, such as a hospital or contractor, or using a 0% introductory APR credit card for smaller amounts you can pay off before the promotion ends.

Avoiding high-cost loans

Payday loans and car title loans can carry extremely high costs and can trap borrowers in cycles of debt. If you are in financial difficulty, a nonprofit credit counseling agency can help you review options.

Saving with Marcus

Although Marcus no longer offers new personal loans, it continues to offer savings products through Goldman Sachs Bank USA, which may be FDIC insured up to applicable limits. Compare rates with other banks before opening an account.

Improving your credit before applying

Better credit usually means better loan offers. Paying every bill on time, reducing credit card balances, avoiding many new applications in a short period and correcting errors on your credit reports can improve your profile within a few months. Even a modest improvement may lower the rate you are offered.

Related reading:

Conclusion

If you were planning to get a Goldman Sachs loan, the most important thing to know is that Marcus personal loans are no longer available to new applicants. Goldman Sachs still offers savings products through Marcus, and Apple Card is moving to a new issuer. For borrowing, compare banks, credit unions and online lenders, and always confirm current conditions on each lender’s official website.

ACCESS THE BANK HERE

Source of information: www.goldmansachs.com

Brasil Acima de Tudo is not affiliated with Goldman Sachs. This article is for informational purposes only and is not financial advice. Check the official website for current terms and rates.