What fees am I charged?

Origination Fee
0% - 12% of the target amount
One time
This is a one-time, non-refundable fee that will be deducted from the loan proceeds before they are delivered to the borrower.
Late Payment Fee
The greater of 5% of monthly past
 due amount or $15
Per occurrence
If a borrower fails to pay us the full amount of any monthly payment within 10 calendar days of its due date we may charge a late fee in an amount equal to the greater of 5% of the past due amount or $15.
ACH Return or
 Check Refund Fee
Per occurrence
We will charge this fee if bank transfers (ACH) or checks are returned or fail due to insufficient funds in your account or for any other reason. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds your designated account may assess its own fee in addition to the fee we assess.
Paper Copies
Upon request
In the event that you withdraw your eSign consent and request paper copies of your records, we reserve the right to charge up to $10 (one time) for this request.

As a reminder, your promissory note states a 10 day grace period and Upstart offers 5 additional days as a courtesy before assessing a late fee, for a total of a 15 day grace period.

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