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Last Updated: 01/07/2026

Upstart Personal Loans

in Personal Loans from Upstart Mortgage LLC

Last Updated: 01/07/2026

Created by:

SuperMoney

Fact Checked by:

Andrew Latham

Strongly not recommended52 total votes

10 users recommend

5 users are unsure

37 users don't recommend

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Highlights

Community Rating

Strongly not recommended

APR (Fixed APR)

6.53% - 35.99%(Verified 07/11/2024)

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Amount Range

$1,000 - $50,000

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Loan Term (Months)

36 - 60

Number of Reviews

Upstart Personal Loans Review

Upstart Personal Loans is offered by Upstart Mortgage LLC, a marketplace lending platform founded in 2012 and based in San Mateo, CA. Upstart loans are available in 49 states and Washington, DC.

Key Takeaways

APRs starting at 6.53%. Personal loan interest rates typically range between 9% and 36%. The starting rates for Upstart Personal Loans are on the lower end of the spectrum.
Fast access to funds. If approved, you can sometimes get your money within 1 business day*.
Large loan amounts. You can apply for loan amounts of up to $50,000 with Upstart Personal Loans .
Prequalified rate. You can check your prequalified rate at Upstart Mortgage LLC with a soft pull that will not affect your FICO or VantageScore.
Origination fees of 0% to 12%. This is on the high end for lenders on SuperMoney's database. Don't forget that these fees are deducted from the loan amount, so take them into account when deciding how much money to borrow.

Upstart loans Pros & Cons

Pros

Cons

Low APRs available to qualified borrowers.
No prepayment penalty.
Considers applicants with fair credit.
Get funded in as little as 1 business day.

APRs as high as 35.99%.
Charges an origination fee of up to 12% of the loan amount.
No co-sign option available.

Upstart loans FAQ

What interest rates and personal loan terms does Upstart loans offer?

Upstart loans has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Upstart loans offer?

Upstart loans offers a fixed APR personal loan product that ranges from 6.53% APR up to 35.99% APR.

How much can you borrow via Upstart loans?

Personal loan amounts start at $1,000 and go up to $50,000

What is the maximum loan term you can get with Upstart loans?

Upstart loans offers loans with terms of up to 60 months.

Upstart loans Interest Rates & Loan Terms

Personal Loan Amount

$1000 - $50000

Loan Term

36 - 60 months

APR

6.53% - 35.99%

What fees does Upstart loans charge?

Does Upstart loans charge an origination fee?

Upstart loans may charge a personal loan origination fee of 0% to 12% of the personal loan amount . Upstart loans deducts the origination fee directly from your personal loan amount, so make sure you take this fee into account when deciding how much you need to borrow.

Does Upstart loans charge a late fee?

Yes, Upstart loans may charge a late payment fee if you miss one of the regularly scheduled payments of up to $15.

Does Upstart loans charge prepayment fees?

No, Upstart loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

Upstart loans Fees

Origination Fee

0% - 12%

Prepayment Fee

Late Payment Fee

$15

What do you need to qualify for Upstart Personal Loans?

Applicants with a credit score of at least 620 and up to 850 may be eligible for Upstart Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Upstart Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Upstart Personal Loans.

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

Applicants must have an active and valid personal checking account
Recent pay stubs
Proof of income
Driver's license or other government photo ID
Proof of citizenship or residence permit

Upstart loans Eligibility Criteria

Minimum Age

Bank Account Required?

Yes

Credit Score

620 - 850

What is the estimated funding time for a personal loan via Upstart loans?

Upstart loans will typically fund loans within 1 to 7 business days of approval and clearing necessary verifications.

Does Upstart Personal Loans report your account activity to credit bureaus?

Yes, Upstart Personal Loans reports to the following credit bureaus:

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 build your credit.

Does Upstart Mortgage LLC perform a hard credit pull?

As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates.

Upstart loans allows you to check your rates with a soft credit pull.

Are Upstart Personal Loans legit?

Upstart was founded in 2012, it is a well-established company that has been in business for 14 years. Upstart Personal Loans is strongly not recommended by SuperMoney community users.

Upstart Personal Loans Disclosure: This offer is conditioned on final approval based on our consideration and verification of financial and non-financial information. Duplicate offers received as a result of multiple injuries by the same person are void. This offer may be accepted only by the person identified in this offer and legally able to enter into a contract for the extension of credit and a U.S. citizen or permanent resident and currently a resident in the US. You may be eligible for loan amounts from $1,000 to $50,000, subject to final loan approval. The minimum loan amount is $6,000 for borrowers in Ohio and $7,000 for borrowers in Massachusetts. APRs range from 6.00% - 29.99%. Not all applicants will qualify. Loan approval, APR and loan amount will be determined based on your credit, income and other information provided in the application. Closing your loan is contingent upon you meeting our eligibility requirements, our verification of your information and your agreement to all of the terms and conditions on the www.upstart.com website. If you accept your loan by 5 PM ET (except weekends and holidays) you will receive your funds the next business day. Education-related loans are subject to a mandatory 3 business day waiting period, following the applicant’s acceptance of the loan terms.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message from Upstart loans

This is Upstart. Our mission is to enable effortless credit based on true risk. Why? Because credit really matters. Money is a fundamental ingredient of life, and unless you’re one of the few percent of Americans with significant wealth, the price of borrowing affects you every day. Throughout history, affordable credit has been central to unlocking mobility and opportunity. Upstart is a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. By leveraging Upstart's AI platform, Upstart-powered banks can offer higher approval rates and experience lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart is one of the first to apply AI to the multi-trillion dollar credit industry. Upstart goes beyond the FICO score, using non-conventional variables at scale to provide superior loan performance and improve consumers' access to credit.

You are more than your credit score. Fair and fast personal loans, next day funding, no prepayment penalty.

Message from our editor

What we love about Upstart

Upstart is a company that looks at more than just your credit score. For example, Upstart will look at things like your employment history, education, and future earnings potential when making a lending decision. That means that you may be able to qualify for a loan from Upstart, even if you have poor credit.

The company offers a quick and easy online application process and lets people borrow up to $50,000, which is sufficient to cover most expenses that people would need to use a personal loan for. If approved, Upstart can get the funds to your bank account as soon as the next business day.

Borrowers can work with Upstart from almost anywhere in the US. The only state where Upstart isn’t available is West Virginia.

What could Upstart do better?

Upstart does have some flaws to consider. One is that because it has an unusual process for determining creditworthiness, those with strong credit might get denied. If you have great credit but little education and work history, Upstart may not approve your application.

The company’s rates may also be higher than some of its competitors’ rates because of its unusual process.

Upstart’s backstory

Upstart is an online lending marketplace that matches lenders with borrowers using non-traditional methods to determine creditworthiness. The company was founded in 2012 and is headquartered in California.

The Verdict

If you need to borrow money but haven’t had time to build credit, Upstart can be a good choice of lender. If you have good education history and high earning potential, Upstart can offer strong loan options. If you have good credit, you’ll probably be able to get a loan from a more traditional lender, removing one of the main benefits of Upstart.

Contact

Headquarters

2950 S Delaware St

San Mateo, CA 94403

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