Upstart

Advanced underwriting model that considers credit, income, and other information to provide competitive rates and faster decisions

Rate checking completed in 5 minutes without affecting credit score

Rate checking process that does not affect credit score, allowing customers to see rates without hard inquiry impact

Support for customers who have received mail offer codes to apply for loans

99% of personal loan funds are sent just 1 business day after signing if accepted by 5pm EST

Refinance existing car loans to potentially lower APR or reduce monthly payments, with average savings of $126/month

Short-term relief loans ranging from $200 - $2,500 for everyday bills and expenses with approval across broad income levels

Home equity lines of credit ranging from $26,000 - $250,000 with rates as low as 6.52% APR, offered by Upstart Home Lending

Unsecured personal loans ranging from $1,000 - $75,000 with fixed rates, no prepayment penalty, and next-day funding

Home equity line of credit with variable APR based on Prime Rate plus margin, ranging from 3.99% - 18.00%

Ability to consolidate existing debt through personal loans

Option to secure personal loan with vehicle, which will require a lien to be placed on the vehicle

Personal loans with fixed rates between 6.2% - 35.99% APR, protecting against rate changes

Short-term relief loans available with payment terms of 3-18 months

Ability to pay off loan early or in full with no fees, reducing overall interest paid

Partnership with credit unions to offer loans through Upstart marketplace, some with lien placement options

33% lower rates than traditional lending models based on Upstart's AI underwriting approach

Clear disclosure of all costs with no hidden fees across all loan products

Approval available across broad range of income levels with minimum annual income requirement of $12,000

Majority of unsecured loan applicants receive instant approval decisions upon submitting completed application