What are the minimum credit requirements to receive a loan?

To the extent the applicant has a credit score, the applicant has a score of 300 or above on at least one of the consumer reports received in connection with their application, or insufficient history to generate a credit score on each consumer report.

In addition, there cannot be any material adverse change in your credit report from the time the loan was offered to you and your funding. For more information about material adverse changes, please see here:

1) Material changes include significant drops in your credit score or additional debt obligations. If this occurs, your loan approval may be withdrawn.

2) Meets the minimum debt to income requirement that total monthly debt payments listed on each of the consumer’s credit report(s) not including rent or mortgage must not exceed (i) 45% if the applicant resides in Connecticut, Maryland, New York or Vermont, and (ii) 50% in all other  states, of projected pre-tax income except that such requirement will not apply to applicants that have been accepted to one of our partner institutions that provides vocational training; 

3) No bankruptcies on any of their consumer reports within the last 12 months;

4) No public records on any of their consumer reports within the last 12 months, unless the public records consist only of paid civil judgments or paid tax liens;

5) No current delinquent accounts listed on your credit report 

6) Fewer than 6 inquiries on your credit report in the last 6 months, not including any inquiries related to student loans, vehicle loans, or mortgages.

The credit score Upstart receives may be different from the one reported by your credit monitoring services in the event that a credit monitoring service is reporting a score from a different bureau or different scoring method.

If you believe there are errors on your credit report, please contact the credit reporting agencies listed below.


Phone: 1-888-397-3742

Website: www.experian.com


Phone: 1-800-916-8800 

Website: www.transunion.com


Phone: 1-888-548-7878

Website: www.equifax.com

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