No, Upstart does not approve everyone. To qualify for a personal loan through Upstart, you need to be at least 18 years old (19 in NE and AL), have no bankruptcies or public records on your credit report, and have an annual income of at least $12,000, among other requirements. Even if you meet all the requirements, you still may not get approved.
Requirements for a Personal Loan Through Upstart
- Age Requirement: 18+ (19 in NE and AL)
- Credit Score Requirement: None
- Income Requirement: At least $12,000 annual income
- Bank Account Requirement: Personal bank account from a U.S. financial institution with a routing number
- Identification Requirement: SSN, verifiable name and date of birth, and valid email address
- Residency Requirement: Reside in one of the 50 U.S. states
- Credit Report: No bankruptcies or public records on your credit report
- Delinquency: No accounts currently in collections or delinquent
For more information, check out the full Upstart review on WalletHub.
This answer was first published on 06/22/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
