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Upstart Personal Loan Review 2022

Upstart underwrites personal loans to borrowers with fair to excellent credit. While their minimum credit score is 620, they have a unique model to help qualify borrowers with fair credit, short credit history, and large income.

Best for fair credit but on the upswing

upstart logo
Overall rating:
4.5
Bills.com rating
Fixed APR7.98 - 35.99%
Loan Amounts$1,000 - $50,000 Varies by state
Repayment36 - 60 months
FeesOrigination fee: 0% - 8%, late fees.
Time to fundNext business day after accepting the loan.
Min. Credit Score620
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Pros:
  • Flexible credit and qualification requirements.
  • Offer low dollar amounts.
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Cons:
  • High fees.
  • No co-borrowers.
  • High rates.