Upstart Student Loan Refinance Review

Upstart Student Loan Refinance is a student loan refinance offering by Upstart, . Founded in 2012, Upstart offers student loan refinancing in 50 states (and Washington, DC).

What APRs does Upstart Student Loan Refinance offer on its student refinancing loans?

The range of APRs you qualify for when refinancing a student loan vary widely by lender and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate. 

Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from 6.18% to 35.99% APR.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Upstart Student Loan Refinance charge prepayment fees?

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

What terms does Upstart Student Loan Refinance offer?

Upstart Student Loan Refinance provides refinancing loans of 3 to 5 years.

What type of borrowers will Upstart Student Loan Refinance consider?

Upstart Student Loan Refinance considers loans applications from:

• undergraduate degree holders
• graduate degree holders

What do you need to qualify for Upstart Student Loan Refinance?

Upstart Student Loan Refinance does not have or does not disclose a minimum annual income eligibility requirement.

What is the estimated funding time for a student loan refinance via Upstart Student Loan Refinance?

Upstart Student Loan Refinance will typically provide a credit approval decision in less than an hour and fund the loan within 7 to 14 days.