Upgrade Card Personal Credit Line

Upgrade Card Personal Credit Line Review

Upgrade Card Personal Credit Line is offered through Upgrade Inc, a nonbank financial services provider founded in 2016 and based in San Francisco, CA. Upgrade personal line of credit are available in 47 states across the USA.

Upgrade personal line of credit FAQ

What APRs does Upgrade Card Personal Credit Line offer?

Upgrade Card Personal Credit Line offers a fixed APR product that ranges from 14.99% APR up to 29.99% APR. Rate is quoted with autopay discount*.

Does Upgrade personal line of credit charge an origination fee?

No, they do 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 the Upgrade personal line of credit charge a cash advance fee?

No, they do not 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 Typically, fees range from 0.5% to 10% of the amount withdrawn.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 the Upgrade Card Personal Credit Line charge a statement balance fee?

No, this lender does not charge a statement balance fee.

Does Upgrade Card Personal Credit Line charge a late fee?

How much can you borrow via Upgrade personal line of credit?

Upon approval and based on your credit score and credit history, your personal line of credit will be assigned a credit limit of at least $500 and as much as $50,000. .

What do you need to qualify for Upgrade Card Personal Credit Line?

Upgrade Card Personal Credit Line does not have or does not disclose a minimum annual income eligibility requirement. Upgrade Card Personal Credit Line only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Upgrade Card Personal Credit Line. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Upgrade Card Personal Credit Line.

To qualify, applicants may need to provide the following documentation:

• Applicants must have an active and valid personal checking account
• Proof of income
• Driver's license
• Proof of identity
• Proof of citizenship or residence permit

Does Upgrade Card Personal Credit Line report your account activity to credit bureaus?

Yes, Upgrade Card Personal Credit Line reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How does Upgrade personal line of credit compare to other personal lines of credit?

Is Upgrade Inc a legit company?

Upgrade Card Personal Credit Line was founded in 2016. It is an established company that has been in business for 7 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.

How to apply for Upgrade personal line of credit

• Visit the website.
• Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
• Check the information is accurate and submit your application.