Where does Upstart do business?
Upstart is a marketplace based in San Carlos, CA. It was founded in 2012 and offers financing opportunities to investors in 50 states (and Washington, DC).
What rate of return can investors expect?
The average rate of return is 6.6%. However, past performance does not guarantee future results.
What is the range of investment terms with Upstart?
Upstart offers investment terms ranging from 36 to 60 months.
What is the minimum investment you can make?
You must invest at least $100 to open an account with Upstart.
What fees does Upstart charge?
Fees may vary but you can expect to pay 0.5% of the amount invested.
What are the requirements to invest with Upstart?
In fact, only investors accredited by the U.S. Securities and Exchange Commission qualify. The SEC defines accredited investors as people with a net worth of at least one million dollars without including the value of their primary residence.
Only U.S. citizens and permanent residents can invest in Upstart.
To qualify, applicants may need to provide the following documentation:
- Proof of Identity
- Proof of Income
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Immigration Status Considered||
|Only Available to Accredited Investors|
|Verification Documents Required||
|Investment Term Range (months)||36 - 60|