Overview
📌 Note: This article applies specifically to Cash Line accounts.
Cash Line works differently from other Upstart loan products. If you have a personal or auto loan, see the related articles for those products.
Cash Line is a revolving line of credit that allows you to request funds as needed and repay them based on your billing cycle.
Each draw is a single-use balance that must be repaid in full before you can request another.
How Draws Work
You can request a draw in $50 increments, up to your available credit limit (for example: $50, $100, $150, or $200).
📌 Important:
- Only one draw can be active at a time.
- You must repay your current draw in full before requesting another.
When You Receive Your Funds
Once your draw request is submitted and confirmed, funds are typically sent shortly after processing.
💡 Timing may vary depending on your bank’s processing times.
How Repayment Works
Repayment for your draw is due in full based on your billing cycle and will be reflected on your statement.
📌 Important:
Payments are not automatically processed, so you’ll need to make a manual payment to repay your balance.
If your draw is not repaid in full by the due date:
- Your account will become past due.
- You won’t be able to request another draw until the balance is paid.
How Payments Are Applied
Payments are applied:
- First to your outstanding draw balance
- Then to any subscription fee owed
Statements and Billing Cycles
Your statement reflects your balance as of the statement closing date.
- Draws made before your statement is generated will be included in that statement and due on the upcoming payment due date.
- Draws made after your statement is generated will appear on your next statement.
Additional Notes
- There are no late fees associated with Cash Line at this time.
- Cash Line does not offer alternative payment arrangements or modification programs.
