Overview
Applying for a loan through Upstart is a simple and secure online process. While each loan type may have slightly different steps, all applications follow the same general structure—from checking your rate to reviewing and accepting your final loan offer.
This article outlines the typical journey so you know what to expect, no matter what kind of loan you're applying for.
Step 1: Check Your Rate
Start by checking your loan rate through Upstart. You’ll be asked to share basic personal, financial, and employment information. The rate check uses a soft credit inquiry. If you continue with an application or accept an offer, we may obtain a hard credit inquiry.
✔ Check your Personal Loan rate now
✔ Check your Auto Loan rate now
✔ Check your Relief Loan rate now
💡 Important: Upstart will never require the use of a third-party service or loan broker to apply. You should only apply directly through Upstart.com using your own personal information.
Step 2: Review and Select an Offer
If you're eligible, you'll receive one or more conditional loan offers. Each offer will show:
The total loan amount
Estimated monthly payment
Applicable fees (if any)
After reviewing your options, you can select the offer that works best for you.
💡 Offers are not guaranteed and are subject to verification of your information. If we’re unable to extend credit, we’ll notify you and provide information about any credit report used and how to obtain a free copy.
Step 3: Verify Your Information
To move forward, Upstart may ask you to complete certain verification steps. These could include:
Uploading documents
Providing additional details
Completing digital verification steps
The exact requirements may vary depending on your loan type and application details.
Step 4: Finalize Your Loan
Before your loan is issued, you’ll confirm your preferences and sign your final loan agreement. This may include:
Choosing a payment method and date
Agreeing to the terms and conditions
Completing any final tasks related to your loan type (e.g., vehicle details for auto loans)
💡 If you’re approved and complete all steps, funds are typically disbursed quickly—actual timing can vary by product, verification needs, and lending partner.