Smarter personal loans
Personal loans are the fastest growing category in consumer lending. Upstart’s turnkey platform helps you offer a seamless, digital experience that has higher approvals and lower loss rates – all enabled by AI.

"We selected Upstart because of the dynamic nature of the AI underwriting model that allows us to approve credit-worthy applicants at competitive rates. Thanks to Upstart, we are able to provide our customers a digital-first consumer lending product as yet another step in the Bank’s digital transformation."
Jim Matera, Executive Vice President and Chief Retail Banking, Apple Bank
How you benefit

Build a profitable personal loan portfolio
Put excess deposits to work
Deepen relationships
Acquire new borrowers

Lend to more creditworthy borrowers safely
Price and predict risk accurately
Increase approvals within your risk tolerance
Maintain full control of credit policy

Deliver a modern, all-digital experience
Enable consumers to borrow anywhere, any time
Originate loans in minutes, not days
Automate approvals with minimal fraud rates
How borrowers benefit
more approvals than a traditional credit score-only model1
lower rates than a traditional credit score-only model1
monthly payment
vs. multiple credit card payments
How it works

Lender-branded, mobile-friendly application that allows user to finish their application in one sitting.
Pre-filled application with existing customer information creates a quick and easy process.
Credit decisioning

Risk-based AI model prices customers within your credit criteria resulting in higher approvals and lower losses.
Fraud & verifications

Upstart verifies customer application information providing 73% of borrowers with an instant funding experience.2
Document submission, when required, is seamless and mobile friendly.
Closing

Signature process happens same-day and is completely digital.
Borrower presented with option to directly payoff credit card balances.
How it works
Application
Lender-branded, mobile-friendly application that allows user to finish their application in one sitting.
Pre-filled application with existing customer information creates a quick and easy process.

Credit decisioning
Risk-based AI model prices customers within your credit criteria resulting in higher approvals and lower losses.

Fraud & verifications
Upstart verifies customer application information providing 73% of borrowers with an instant funding experience.2
Document submission, when required, is seamless and mobile friendly.

Closing
Signature process happens same-day and is completely digital.
Borrower presented with option to directly pay off credit card balances.

You're in control
Apply a wide array of qualifying criteria such as minimum credit score, maximum debt-to-income ratio, loan sizes, loan-to-value ratios, and more.
Configure rates to meet your desired return on assets tailored to your risk appetite.
Approve borrowers that meet your risk profile – our model predicts the probability and timing of default.
You're in control

Optional services
Applicant acquisition
Upstart can present your offer of credit to applicants on the Upstart.com site via the Upstart Referral Network to help you drive origination volume that compliments your existing marketing efforts.
Loan servicing
Upstart provides a comprehensive servicing solution that is lender-branded including U.S. based customer support, a payment platform, and collections services.
Request info
1 As of December 31, 2021, and based on a comparison between the Upstart model and a traditional credit-score only model. The APR calculation compares the two models based on the average APR offered to borrowers up to the same approval rate. The hypothetical credit-score only model used in Upstart’s analysis was developed in connection with the CFPB No Action Letter access-to-credit testing program and was built from a traditional credit score only model trained on Upstart platform data. APR for the scorecard was averaged for each given traditional credit score grouping.
2 As of 6/30/2022 Fully automated loans are defined as loans originated end-to-end (from initial application to final funding) with no human involvement.
3 To determine Net Promoter Score (NPS) score, Upstart used a third-party service to administer surveys to personal loan applicants immediately 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.
4 In an internal study, Upstart replicated three bank models using their respective underwriting policies for personal loans and evaluated their hypothetical loss rates and approval rates using Upstart’s applicant base in late 2017. Such results represent the average rate of improvement exhibited by Upstart’s platform against the three respective bank models.