UpStart Review

8.2 Total Score
UpStart Review

UpStart is a form of peer to peer lending that allows clients to borrow money from others. P2P lending is gaining in popularity as traditional financial institutions are making it increasingly difficult to get approved for funding. However, their loan agreement terms remain rather challenging for applicants with poor credit as a minimum credit score of 620 is required. Loans range from $1,000 to $50,000 making them highly versatile and the loan duration varies from 3 to 5 years. No prepayment penalties occur in case you wish to pay off the loan at a sooner time.

Fees & Rates
9.1
Approval & Funding Time
7.8
Support Staff
8.6
Requirements & Ease of Approval
7.4
PROS
  • No prepayment penalties
  • Personal loans up to $50,000
  • Next day funding available in most cases
  • Choose to borrow or invest
CONS
  • Minimum credit score of 620
  • Must have a minimum annual income of $12,000
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APR
7.37 - 29.99%
Loan Amounts
$1,000 - $50,000
Time to Receive Funds
1 - 3 days
Max Loan Duration
3 - 5 year terms
Cash Advance Loans
Installment Loans
Personal Loans
Auto Loans
Mortgage Loans
Business Loans
Minimum Age
18
Minimum Monthly Income
$1,000+
Time at Current Job
3+ months
Credit Score
620+
Additional Requirements
Proof of income, driver's license, proof of citizenship & recent pay stubs
Phone Number
1-855-438-8778
Address
Upstart Operations Dept. P.O. Box 1503 San Carlos, CA 94070
Email Address
support@upstart.com
Website
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