Grow households and expand consumer lending safely with more accurate credit decisioning
Grow consumer lending with two unique personal lending solutions. With the Upstart Referral Network, loans from applicants that meet your credit criteria are referred to you via Upstart.com, while our Lender-Branded Platform can be deployed on your financial institution's website.
Expand your auto portfolio profitably with Upstart Auto Retail Lending which gives your institution direct and easy access to auto loans originated at Upstart-powered dealerships without the cost or complexity of acquiring and managing new dealership relationships.
Accelerate loan growth with Upstart’s turnkey auto refinance solutions. With the Upstart Referral Network, auto refinance loans that meet your credit criteria are referred to your institution from Upstart.com. Our Lender-Branded Platform can power your website to offer a digital auto refinance experience.
1 In an internal study, Upstart evaluated the performance of our personal loan underwriting model as compared to the underwriting criteria used by a traditional bank. The results presented are based on loans originated on Upstart’s platform with at least one payment due prior to June 22, 2022.
2 Based on analysis of Upstart internal performance data, as of July 29, 2022, tracking annualized default rates for all originations made 2018-Q1 to 2021-Q4 “vintages”, separated by Upstart Risk Grades and FICO scores. For more details, reference page 4 of the credit performance FAQ.
3 To determine Net Promoter Score (NPS) score, Upstart used a third-party service to administer surveys to personal loan applicants following an applicant’s acceptance of a loan on Upstart’s platform.While the NPS methodology used by Upstart’s third-party service was designed to be consistent with the methodology used in the referenced benchmark study, any differences in the timing or method in which the surveys were administered could negatively impact the comparability of such NPSs. Source of bank NPS scores: Forbes, citing Temkin Group Insight Report, NPS Benchmark Study, 2018, October 2018.
