Get funded in three simple steps. Our AI-powered platform makes borrowing fast, fair, and transparent. See the complete process below.
Getting started is quick and easy. Fill out our simple online application in just 2 minutes. You'll provide basic information about yourself, your employment, and your financial needs. The best part? Checking your rate uses a soft credit inquiry, which means no impact to your credit score.
This is where Upstart differs from traditional lenders. Our advanced AI model analyzes over 1,000 data points to evaluate your creditworthiness - going far beyond just your credit score. We consider your education, employment history, and other factors that paint a complete picture of your financial responsibility.
Once you're approved and accept your loan offer, the money is on its way! Funds are deposited directly into your bank account as fast as 1 business day. You'll receive a clear breakdown of your loan terms, payment schedule, and total costs before you commit to anything.
Traditional lending relies heavily on credit scores. We use artificial intelligence to see the full picture of your financial story.
Your college degree, major, and academic performance can indicate future earning potential and financial responsibility. We factor this into our decision, unlike traditional lenders.
Job stability, career progression, and industry trends matter. Our AI evaluates your employment history to understand your income reliability and growth trajectory.
How you manage money day-to-day tells a story. We analyze spending patterns, savings habits, and income consistency to assess your financial health beyond just credit scores.
| Factor | Traditional Lenders | Upstart AI |
|---|---|---|
| Credit Score | Primary factor (often only factor) | One of 1,000+ data points |
| Education | Not considered | Factored in decision |
| Job History | Rarely considered | Analyzed in detail |
| Income Potential | Current income only | Future earning power |
| Decision Time | Days to weeks | Instant (87% of cases) |
| Approval Rate | Lower (strict requirements) | Higher (holistic view) |
Make sure you have these basics ready before you start your application.
Be at least 18 years old and a U.S. citizen or permanent resident with a valid Social Security number.
Have a minimum annual income of $12,000 from regular employment, self-employment, or other verifiable sources.
A valid checking or savings account in your name for loan disbursement and automatic payments.
Valid email address and phone number where we can reach you for verification and important updates.
Credit scores as low as 300 accepted! We consider much more than just your credit score in our decision.
Proof of identity (driver's license) and income (pay stubs or tax returns) may be requested for verification.
See how our simple process has helped thousands achieve their financial goals.
"I was denied by three banks because of my credit score, even though I have a stable job and a master's degree. Upstart approved me in minutes! Their AI really does look at the whole picture. Got my money the next day and consolidated all my high-interest debt."
"The whole process took less than 24 hours from application to funds in my account. I needed money for emergency home repairs and couldn't wait weeks for a traditional bank loan. Upstart's technology made it so fast and easy. Zero complaints."
Apply now and get an instant decision. No impact to your credit score when you check your rate.