Upstart Review: Features, Use Cases & Alternatives

Upstart is an AI-driven lending platform that offers personal loans based on sophisticated machine learning algorithms. It aims to enhance credit access by analyzing non-traditional data alongside credit scores for a more comprehensive evaluation of creditworthiness. With loans ranging from $1,000 to $50,000, Upstart provides flexible repayment terms typically spanning three to five years. Its innovative approach allows even those with limited credit histories to secure funding, often within a day. Although Upstart provides a transparent fee structure with no origination fees, borrowers should be aware of potential high-end interest rates based on individual credit profiles.