- APR range
- 8.49%–35.99%
- Loan amount
- $1K–$50K
- Min. credit score
- 580
- Funding time
- Within 1 business day
Why it stands out
Upgrade highlights
- Joint and secured applications improve approval odds
- Free credit health tools and score tracking
- Loans from $1,000 for smaller borrowing needs
- Autopay and direct-pay discounts available
The verdict at a glance
Pros and cons
Pros
- Works with borrowers who have bruised credit
- Co-applicant option can secure a better rate
- Fast funding within a day of clearing verification
Cons
- Origination fee of 1.85%–9.99% comes off the top
- Top-tier APRs are steep for weaker credit
- Smaller maximum loan than the leading lenders
Our full review
Our take on Upgrade
Upgrade accepts co-applicants and secured loans to widen approval, and it pairs each loan with free credit monitoring tools. Rates run high at the low end of the credit spectrum, and an origination fee applies.
Advertiser disclosure: Finmatchly may earn a commission when you visit a partner. This never affects our editorial rankings. Learn more
Figures shown are illustrative editorial examples and may change. Confirm current rates, fees, and terms on Upgrade’s own site before you apply.
The alternatives
How Upgrade compares
Other top-rated lenders in Personal Loans. Compare the numbers side by side before you decide.
| # | Provider | Rating | APR range | Best for | |
|---|---|---|---|---|---|
| 1 | SoFi | 8.99%–29.49% | Strong-credit borrowers who want extras | See Rates | |
| 2 | LightStream | 7.49%–25.99% | Excellent-credit borrowers chasing low APR | See Rates | |
| 3 | Marcus by Goldman Sachs | 9.99%–24.99% | Consolidating debt without any fees | View Offer | |
| 4 | Upstart | 7.80%–35.99% | Thin or fair credit files | See Rates |
- SoFi4.9Best for Strong-credit borrowers who want extras
- LightStream4.8Best for Excellent-credit borrowers chasing low APR
- Marcus by Goldman Sachs4.6Best for Consolidating debt without any fees
- Upstart4.4Best for Thin or fair credit files