| Community Rating | Mostly recommended |
| Loan Amount | $500 - $50,000 |
| APR (Fixed APR) | 6.46% - 35.89% |
| Number of Reviews | 5 |
Overview
Where is Upgrade Personal Credit Line available?
Upgrade Personal Credit Line is a personal line of credit offered by Upgrade, a marketplace lender based in San Francisco, CA that was founded in 2016. Upgrade Personal Credit Line is offered in 43 states (and Washington, DC).
What are the APRs offered via Upgrade Personal Credit Line?
Upgrade Personal Credit Line offers a fixed APR personal line of credit productDoes Upgrade Personal Credit Line charge an origination fee?
No, Upgrade Personal Credit Line does not charge an origination fee.
An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Upgrade Personal Credit Line charge a cash advance fee?
No, Upgrade Personal Credit Line doesn't charge a cash advance fee. Some lenders charge a cash advance fee every time borrowers withdraw cash from their line of credit. Typically, fees range from 0.5% to 10% of the amount withdrawn.
Does Upgrade Personal Credit Line charge a late fee?
Yes, Upgrade Personal Credit Line may charge borrowers a late payment fee.
Does Upgrade Personal Credit Line charge prepayment fees?
No, Upgrade Personal Credit Line does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the line of credit off and close the account.
How much can you borrow via Upgrade Personal Credit Line?
Upon approval and based on your credit worthiness, your Upgrade Personal Credit Line personal line of credit will be assigned a credit line of at least $500 and as much as $50,000.
What do you need to qualify for a line of credit with Upgrade Personal Credit Line?
Applicants with a credit score of at least 620 can apply for a line of credit via Upgrade Personal Credit Line. The minimum age to apply for a line of credit is 18 or the state minimum, whichever is higher.
Upgrade Personal Credit Line only considers borrowers who are employed, or have a regular source of income or benefits.
Active duty servicemembers and their covered dependents can apply for a line of credit via Upgrade Personal Credit Line. Their rates fall within the limits of The Military Lending Act.
Only U.S. citizens and permanent residents can apply for a line of credit.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Applicants must have an active and valid checking account
- Proof of identity
- Proof of citizenship or residence permit
- Proof of income
Does Upgrade Personal Credit Line report loan payments to credit bureaus?
Upgrade Personal Credit Line may report credit data to the following credit reporting agencies:
- Transunion
Contact
- Headquarters
-
275 Battery Street
San Francisco, CA 94104 USA
Message from Upgrade
Other Services by Upgrade
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Maine
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- Wisconsin
- Wyoming
Reviews
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