Loans

Upstart: overview on Upstart personal loan

If you need an online lender with great loan options, you might like Upstart. So, keep reading our overview to know more!

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by Victória Lourenço

10/01/2021 | Updated on 10/25/2021

Upstart personal loan

Check out our overview of Upstart personal loan! Source: Upstart
Check out our overview of Upstart personal loan! Source: Upstart

Upstart is an online lender that has great artificial intelligence features. This lender is designed to make loans get more accessible for people who do not have very good scores and personal finances.

Also, this lender takes into consideration some not-so-traditional data about its applicants. So, if you want to know more about this lender, keep reading our overview!

How to apply for Upstart personal loan

Are you looking for a good online personal loan platform? If so, Upstart loan can be a good choice. So, read more to know how to apply!

APRThe APR ranges from 4.37% to 35.99%
LOAN PURPOSEYou can make loans to pay off your credit cards, consolidate debt, and many more
LOAN AMOUNTSThe loan amounts offered range from $1,000 to 50,000
CREDIT NEEDEDAt least 580 points
TERMSThis lender offers the option to choose between a 3 or 5-year repayment term
ORIGINATION FEEThe fees offered can range from 0% to 8% of the amount of the loan
LATE FEEA late fee of 5% of the late amount or $15 of this amount, whichever is greater
EARLY PAYOFF PENALTYIf you pay a loan early, there is no penalty

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What is special about Upstart?

This lender offers different payment options. Source: Gettyimages
This lender offers different payment options. Source: Gettyimages

Upstart

Fast loans and no prepayment penalty charges

No prepayment penalty charges
Does not require a hard credit inquiry
Get loan funds within 1 or 2 days
You can get fast loans

You will be redirected to another website

This personal loan platform has great special features to offer. Such as a great artificial intelligence platform. This platform checks nontraditional data about its applicants, and that can be great for people who do not have a very high credit score and need loans.

Moreover, this platform can be great for young people who need to make loans for several different reasons. That is because of its high acceptance of people with not-so-good scores. Also, this lender has many different payment options, such as payment over the phone, automatic payments, online payments, mailed checks, and more!

Who can apply for the Upstart personal loan?

Find out who can apply for a personal loan on this platform. Source: Gettyimages
Find out who can apply for a personal loan on this platform. Source: Gettyimages

People who live in the United States can apply for a personal loan on this platform. Also, this platform can be great for those who really need a loan fast and do not have a great credit score. So, if you want to know more about this platform, check out our post below with a full review!

Upstart personal loan full review

Do you need to make a good and fast personal loan? Upstart personal loan can be a good choice. So, check out our full review to know more!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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