Upstart stands out as a personal loan provider designed for flexibility and speed. With APRs that range from 6.5% to 35.99% and amounts from R$5,000 to R$375,000, borrowers can choose a repayment term of either 36 or 60 months. What makes Upstart unbeatable for many is its openness to applicants with little or no credit history, making it a prime option if you’re just starting your financial journey. Once approved, most users receive their loan funds as soon as the next business day, so urgent needs are handled smoothly.

How to Apply: Step-by-Step

• Visit the Upstart application portal
• Provide your personal and financial information
• Submit your application for a quick initial lending decision
• If approved, complete any required documentation and sign the agreement
• Receive your funds in your bank account, often by the next business day

Key Advantages

Upstart is accessible even if you have little or no credit history—this is rare among personal loan providers. The process from application to approval is swift, and there are no penalties for early payoff, giving you total flexibility.

Many applicants also appreciate not being penalized for paying off the loan early, which helps save on interest. The loan is funded quickly, supporting clients in urgent situations.

Points to Consider

A few factors can impact your experience. Origination fees can reach up to 12% of the authorized amount, and late fees are relatively high compared to some competitors. There is also a small charge for requesting physical copies of documents.

If you’re often late on payments, those late fees can add up. Additionally, while fast, approval isn’t guaranteed for everyone—certain criteria must still be met.

Our Verdict

Upstart Personal Loan is an excellent fit for those who need money fast and may not have had years to build credit. Its easy application, quick funding, and flexible eligibility requirements make it highly appealing for new borrowers and those facing urgent expenses.