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.
Daniel CohenFeb 1, 2022
Editor’s Note
Advertising Disclosures
At Bills.com, we strive to help you make financial decisions with confidence. While many of the products reviewed are from our Service Providers, including those with which we are affiliated and those that compensate us, our evaluations are never influenced by them.
Best for fair credit but on the upswing
| Fixed APR | 7.98 - 35.99% |
|---|---|
| Loan Amounts | $1,000 - $50,000 Varies by state |
| Repayment | 36 - 60 months |
| Fees | Origination fee: 0% - 8%, late fees. |
| Time to fund | Next business day after accepting the loan. |
| Min. Credit Score | 620 |
Pros:
- Flexible credit and qualification requirements.
- Offer low dollar amounts.
Cons:
- High fees.
- No co-borrowers.
- High rates.