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Upgrade personal loan: find out how to apply!

It is possible to find good loans even without an excellent credit score/history. Upgrade personal loans are proof of this. Read this article and learn how to apply:

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Disclaimer: Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 8.49%-35.99%. All personal loans have a 1.85% to 9.99% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade’s bank partners. Information on Upgrade’s bank partners can be found at https://www.upgrade.com/bank-partners/.

**Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds sent directly to you should be available within one (1) business day. Funds sent directly to pay off your creditors may take up to 2 weeks to clear, depending on the creditor.

Upgrade personal loan: $50,000 in your account with no surprise fees

Upgrade logo
Read on to learn how to apply for the Upgrade personal loan! Source: Upgrade

Indeed, apply for Upgrade personal loan can be interesting for people with fair or bad credit.

card

Loan

Upgrade personal loan

easy loans low APR

Up to $50,000 loan within one day in your account with a fixed APR and no surprises.

You will be redirected to another website

Thus, this is an opportunity to consolidate debts or do whatever you want with your money. Below, check out the application criteria. Basically, you need:

  • Be over 18 years old;
  • Be US residents.

Here’s how to proceed to apply on the website:

Online application

In fact, the entire process of applying for the Upgrade personal loan takes place on the official Upgrade website. So, you must access it and, in the top menu, click on “Personal Loans”.

Then, inform the desired amount, the reason for the loan, and click on “Check Your Rate”.

Next, you will have access to a form to inform your address, income, and your Social Security Number (SSN).

After entering this data, you will know if you can have these loans and what your APR will be instant. If approved, other documents will be requested to prove the information provided.

What are the requirements?

Basically, you need to have your annual income and SSN on hand. If you are going to apply for a joint account, you must provide the same data as your co-applicant.

Apply on the app

young man smiling using cellphone/smartphone (apply Upgrade personal loan)
Learn about the main advantages and disadvantages of an Upgrade loan. Source: Pixabay

Upgrade offers a mobile application service. Through it, you can apply for a loan on your smartphone.

In addition, the app provides an easy way to access other Upgrade services and manage your payments. So, to have access to this feature, download the Upgrade app from your mobile app store.

In fact, the loan application process is pretty much the same as described above.

Compare the Upgrade personal loan to other options: Personify personal loan

Personify personal loan is known as a credit agency that serves everyone regardless of credit score. Indeed, maybe it’s that kind of service you’re just looking for.

If so, first, take a look at the table below. Here’s a comparison between Upgrade and Personify’s loan services:

Upgrade personal loanPersonify personal loan
APRFrom 8.49% to 35.97% (based on creditworthiness) *The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths availableFrom 19.00% to 199.99% (variable according to the state you live in)
Loan PurposePay off credit cards, debt consolidation, business, home improvement, large purchases, and othersDebt consolidation, home remodeling, emergency expenses, wedding expenses, and more
Loan AmountsFrom $1,000 to $50,000From $500.00 to $15,000.00 (variable according to the state you live in)
Credit NeededAt least 560 points (fair, good, or excellent)Not the set minimum score (people with bad credit may be approved)
Origination FeeFrom 1.85% to 9.99% (the fees are deducted from the loan proceeds)5% (not charged to Georgia applicants or Carolina applicants after the first loan)
Late FeeLate payments can have feesNot specified on the official website
Early Payoff PenaltyNo early payoff penaltiesN/A.

Does the Personify personal loan sound interesting? So, check out our post below and learn more about this service:

Personify Financial logo (Personify personal loan)

Personify personal loan: find out how to apply!

Apply for Personify personal loan and get access to a great loan without having to worry about credit score or fee for upfront payments.

Disclaimer: Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 8.49%-35.99%. All personal loans have a 1.85% to 9.99% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade’s bank partners. Information on Upgrade’s bank partners can be found at https://www.upgrade.com/bank-partners/.

**Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds sent directly to you should be available within one (1) business day. Funds sent directly to pay off your creditors may take up to 2 weeks to clear, depending on the creditor.

About the author  /  José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

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