Overall (8.7/10)
Interest Rates & APY (8.9/10)
Fees & Minimums (9.1/10)
Customer Service (8.7/10)
Mobile App & Digital Banking (8.9/10)
Rewards & Perks (9.1/10)

Upstart Review:

Intro

Upstart (NASDAQ: UPST) is the leading AI lending marketplace in the United States, partnering with 100+ banks and credit unions to approve personal loans ($1,000-$50,000) and auto refinance loans by evaluating education, employment, and cash flow alongside traditional credit scores.

Full Review

Upstart (San Mateo, CA, USA) is a prominent U.S. financial institution evaluated on MoneyCompared. Upstart (NASDAQ: UPST) is the leading AI lending marketplace in the United States, partnering with 100+ banks and credit unions to approve personal loans ($1,000-$50,000) and auto refinance loans by evaluating education, employment, and cash flow alongside traditional credit scores.

In our comprehensive 2026 review, Upstart earned strong marks across rate competitiveness (7.80% - 35.99% Fixed APR), fee transparency, digital mobile experience, and U.S. regulatory consumer protections. Customers can apply online directly at Upstart.

Pros

  • AI underwriting approves 43% more borrowers at 36% lower APRs than traditional credit-score-only models
  • 99% of approved personal loans are funded the next business day
  • Accepts fair and thin credit files (minimum 300-600 FICO depending on partner bank)
  • No prepayment penalties on personal or auto refinance loans

Cons

  • Origination fee ranges from 0% to 12% depending on credit profile
  • No co-signers or joint personal loan applications currently supported
Feature Value
Overall Rating 4.7
Savings APY / AER 7.80% - 35.99% Fixed APR
Deposit Insurance FDIC / NCUA Insured ($250k+)

Upstart: Products

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Upstart AI-Powered Personal Loan

Upstart AI-Powered Personal Loan

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Upstart Auto Loan Refinance

Upstart Auto Loan Refinance

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Upstart: Categories

Auto Loans

Auto Loans

Rated 9.2

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Personal Loans

Personal Loans

Rated 9.1

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