You are more than your credit scoreTM

You are more than your credit scoreTM

Fair & fast online loans from
$1,000 - $50,000§

Fair & fast online loans from $1,000 to $50,000§
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Fair & fast personal loans

Loans from $1,000 - $50,000§

3 & 5 year loan terms with an APR range from 7.98% - 35.99%‡

Next day funding

99% of personal loan funds are sent just 1 business day after signing**

No prepayment penalty

You may pay off part or all of the loan at any time with no fee

All loans are from Upstart-powered bank partners. Loans in MD and NV are by Cross River Bank, an FDIC New Jersey state chartered commercial bank.

We’ve helped more than 580,000 customers◊

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Check Your Rate

Won't affect your credit score††

Upstart is different

Traditional credit scores leave people behind. We use artificial intelligence to expand access to reasonably priced credit.

27%

more approvals

than traditional models†

16%

lower rates

than traditional models†

1,600+

data points

not just your credit
score

1

monthly payment

vs multiple credit
card payments

Check your rate to see the difference

Check Your Rate

Won't affect your credit score††

Upstart in the news

Upstart in the news

  • Forbes
    left quote

    Many people are growing increasingly savvy and want an alternative to high interest credit cards

  • The Wall Street Journal
    left quote

    Upstart’s model has expanded credit access, and encouraged other lenders to explore ways to lend to more people with no or limited credit history

  • CNBC
    left quote

    Rather than looking at a credit score alone, [Upstart] evaluates education, area of study and job history when considering applicants

Upstart is fast

Upstart is fast - step 1

Check your rate

Fill out a form to check your rate in 5 minutes

Upstart is fast - step 2

Verify your information

Most borrowers are instantly approved◊◊

Upstart is fast - step 3

Get your money

99% of personal loan funds are sent just 1 business day after signing**

Let us answer your questions

    faq caret

    What is a personal loan?

    An unsecured personal loan is money borrowed from a lender that is not secured by property such as a house or car over a fixed period of time.

    faq caret

    What’s the difference between an interest rate and an APR?

    The interest rate is only one factor of the cost of the loan. The total cost can be understood by the APR which is the annual cost of a loan inclusive both of interest rate and all other associated fees. For example, the cost of an origination fee is included in the APR. When comparing loan products, it is important to compare the APR of each product.

    faq caret

    How long will it take to get my money?

    Personal loan funds are transferred on the next business day if the terms are accepted before 5pm ET Monday-Friday excluding holidays. If the terms are accepted after 5pm ET, on a weekend, or on a holiday, the funds will be transferred on the following business day provided that funds are not being used to directly pay off credit cards. For loans that are being used for education-related purposes, there is an additional 3 business day period between when you accept your loan and when you will receive the funds.

    faq caret

    Will it affect my credit score?

    Checking your rate on Upstart will not affect your credit score. If you proceed with your application after receiving a rate your credit score may be impacted. When you check your rate, we make a "soft credit inquiry." Soft credit inquiries on your report do not lower your credit score, but you may see when you view your report that this inquiry was made. If you are offered a loan and proceed with the application, a "hard credit inquiry" will be completed to verify the accuracy of your application. This action will be recorded as an inquiry on your report and it may impact your credit score.

    faq caret

    Do I pay a fee if I pay off my loan early?

    There is no prepayment penalty for paying off a loan on Upstart early. You may pay off part of all of the loan at any time with no fee. By prepaying, you will pay less overall interest because the loan is outstanding for a shorter time.

Is Upstart right for you?

Check Your Rate

Won't affect your credit score††

§ Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. The minimum loan amount in MA is $7,000. The minimum loan amount in Ohio is $6,000. The minimum loan amount in NM is $5,100. The minimum loan amount in GA is $3,100.

‡ The full range of available rates varies by state. The average 3-year loan offered across all lenders using the Upstart platform will have an APR of 25.16% and 36 monthly payments of $37 per $1,000 borrowed. There is no down payment and no prepayment penalty. Average APR is calculated based on 3-year rates offered in the last 1 month. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

** If you accept your loan by 5pm EST (not including weekends or holidays), loan funds will be sent to your designated bank account on the next business day, provided that such funds are not being used to directly pay off credit cards. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law.

◊ More than 580,000 loans have been originated on the Upstart platform as of October 1, 2020.

◊◊ The majority of borrowers on the Upstart platform are able to complete the application process automatically without providing additional supporting documents. Final approval is conditioned upon passing the hard credit inquiry.

† As reported by the Consumer Financial Protection Bureau, based on an internal Upstart study which compares outcomes from Upstart’s underwriting and pricing model against outcomes from a hypothetical model that uses traditional application and credit file variables and does not employ machine learning (traditional lending model).

Images are not actual customers, but their stories are real.

* Estimated savings are calculated based on the credit profiles of all loans originated by our Partners using the Upstart Platform as of July 1, 2020 in which the funds were used for credit card refinancing. Estimated savings are calculated by deriving current credit card APR using minimum monthly payment and 1% of the principal balance. The estimated credit card APR is then compared to the accepted loan to determine median savings per borrower. To evaluate savings on a loan you are considering, it is important to compare your actual APR from your existing debt to the APR offered on the Upstart Platform.

9 out of 10 Upstart users surveyed internally reported that they would recommend Upstart.

Use of funds must be in accordance with Upstart's Acceptable Use Policy.

Neither Upstart nor its bank partners have a minimum educational attainment requirement in order to be eligible for a loan.