Upstart Personal Loans Review
Upstart brings a new approach to personal loans. The secret is that they consider more than your credit score, which means that education, job, and other variables all factor in to lower your interest rates. The net result is a lending service that connects personal loan applicants to banks who will lend you more money for less.
When you apply for a personal loan from Upstart, it will not impact your credit score. The whole process is done online and only requires a few minutes. Personal loans start at $3,000 and go up to $35,000. Upstart is a great choice if you have credit card or other high interest debt, a job, and you're looking for a smart way to lower your interest payments. Upstart lets you check your rate in only a few minutes and you can get your money tomorrow! Save money, get better rates from Upstart.
Personal loan service
Unsecured personal loans
Minimum loan amount
Maximum loan amount
3 & 5 year terms
Starts at 4.66% to 29.99%
Upstart Representative Sample
A consumer borrowing $4,000 at a 6% APR over a 24-month period would end up paying a total of $4,254.78.
Online application time
A few minutes
A few minutes
US citizen or permanent resident
Active bank account
Good credit score
Years of Credit
Area of study
Upstart is a fantastic choice for personal loans. Their innovative approach makes applying for a personal loan fast and simple. Unlike traditional loans, applying for a personal loan does not affect your credit score so there is no risk. Relative to other companies we've reviewed, Upstart offers lower interest rates for its personal loans. Rates are based on loan grades with lenders classified as AAA (best).
Six months continuous employment is minimum and qualifying for a loan is relatively easy. Low interest rates and a fast application process make Upstart an attractive option for personal loan shoppers especially if you have a job and want to lower the interest payments you're making.
- You: have a college education, a job & good credit
- Upstart: can get you $1,000 to $50,000 tomorrow
- Rates from 4.66%-29.99%, 3 & 5 year terms.
- Applications do not affect your credit score