A personal loan for your personal needs
Check your rate in 5 minutes.
Get funds sent in as fast as 1 business day.²
33% lower rates than a traditional model.³
Won't affect
your credit score¹Why choose Upstart for your online personal loan?
You're more than your credit score—Our model looks at factors such as your education⁴ and employment to help you get a rate you deserve.
Flexible loan amounts
You can get a personal loan from $1,000 to $50,000⁵.
Fixed rates and terms
Choose between personal loans in 3 or 5 year terms, with fixed rates of 6.6% - 35.99% APR.⁶
No prepayment fees
You can prepay your loan at any time with no fee or penalty.
We've helped more than 3 million customers⁷
Dayana was able to pay down her debt with an $8,000 personal loan through Upstart
"You have no idea what that loan did for me. Thank you Upstart for really being that light at the end of a tunnel."
How to easily apply for a personal loan online in 3 steps
Get your rate
It takes less than 5 minutes to check your rate—and it won’t affect your credit score.¹
Get approved
Most borrowers are instantly approved with no paperwork required.⁸
Get funds
Once approved, you could get funds sent in 24 hours or less.²
Won't affect
your credit score¹Online personal loan FAQs
What can a personal loan be used for?
The funds from a personal loan can typically be used for a variety of purposes. Personal loans are commonly used to help with debt consolidation, medical expenses, home improvement projects, student debt, a move, a wedding, or a vacation.What is an unsecured 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. While most loans through Upstart are unsecured, certain credit unions may place a lien on other accounts you hold with the same institution. There may be an option to secure your personal loan through Upstart with your vehicle, which will require a lien to be placed on the vehicle. It is important to review your promissory note for these details before accepting your loan.How fast can I get my personal loan?
If you accept your loan before 5 p.m. ET Monday - Friday, your funds will be transferred the next business day. If you accept the online loan after that time period, the funds will be transferred the following business day.How much can I borrow with a personal loan?
You can borrow between $1,000 and $50,000⁵ on a personal loan. Note that certain states have specific minimum loan amounts. The exact amount you may borrow depends on what you qualify for based on your application information.Can I get a loan with bad credit or no credit?
It's possible. Some lenders and lending platforms provide personal loans for bad credit or no credit at all. Different lenders have different minimum credit requirements for their personal loans. At Upstart, our model considers other factors such as your education⁴ and employment in addition to your financial background. It's important to remember that while you may qualify for a personal loan with low credit, your loan may come with higher interest rates.If I check my personal loan rate, will it impact my credit?
It will not. When you check your rate, we make a soft credit inquiry on your report, which doesn't impact your credit score. If you accept your rate and proceed with your application, we will make a hard credit inquiry to verify your information. This action will be recorded as a hard inquiry on your report and it may impact your credit score.What are the interest rates on a personal loan?
All personal loans through Upstart offer a fixed interest rate and range between 6.6% - 35.99%.⁶ The rate you qualify for is based on various factors including your education⁴, work experience, and credit history. As a reminder, the interest rate is only one factor of the cost of the loan. The total cost of your loan is reflected in the APR (annual percentage rate), which is the annual cost of a loan that includes both interest rate and all other associated fees.
See what you can save with a personal loan through Upstart
Won't affect
your credit score¹More personalized loan options
1. When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information may be reported to the credit bureaus.
2. If you accept your loan by 5pm EST (not including weekends or holidays), your funds will be sent on the next business day. When the funds will be available to you will depend on your bank’s transaction processing time and policies.
3. As of publication in April 2025, and based on a comparison between the Upstart model and a hypothetical traditional model using Upstart data from Jan - Dec 2024. For more information on the methodology behind this study, please see Upstart’s Annual Access to Credit results here.
4. Neither Upstart nor its bank partners have a minimum educational attainment requirement in order to be eligible for a loan.
5. Applicants can now apply for loan amounts over $50,000. 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. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000).
6. The full range of available rates varies by state. A representative example of payment terms for an unsecured Personal Loan is as follows: a borrower receives a loan of $10,000 for a term of 60 months, with an interest rate of 19.60% and a 6.90% origination fee of $690, for an APR of 23.22%. In this example, the borrower will receive $9,310 and will make 60 monthly payments of $264. APR is calculated based on 5-year rates offered in March 2025. There is no downpayment and no prepayment penalty. 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.
7. As of 3/31/2025, across the entire Upstart marketplace.
8. The majority of unsecured loan borrowers on the Upstart marketplace are able to receive an instant decision upon submitting a completed application, without providing additional supporting documents, however final approval is conditioned upon passing the hard credit inquiry. Loan processing may be subject to longer wait times if additional documentation is required for review.
Upstart is not the lender. All loans on Upstart's marketplace are made by regulated financial institutions.