Upstart is UNIQUE!
First of all, this is a real customer review! I emphasize on it because if I - myself - read so many positive reviews anywhere about anything, my first reaction would be that the reviews are fake and written by the company/service owners. This is not the case here folks! The reason you see so may positive reviews for Upstart here is because people have actually had REALLY good experience with Upstart, and in fact, what happened to me at the end of the smooth and easy application process, when the loan was approved and originated to my bank account, I was asked by Upstart website to leave a review here at Credit Karma, and I'm more than happy to do it for other readers' benefit. So, here it goes:
I've been a long time student (darn!) living with my family, so you can imagine that how much debt and interests have been accrued on my **** high interest credit cards! I've never had a single missed payments, deragotory info whatsoever on my credit report; however, those **** credit card balances that I've been carrying from month-to-month are enough to pull down my scores and freeze it in the subprime range of 630-660ish scores in all different scoring systems. I really had no way to come out of this destructive cycle. Bad credit score --> no approval for lower rates/zero APR balance transfers nor personal loans --> increasing credit card debt ... and the destructive cycle continues on and on and deeper and deeper!
Not anymore, because Upstart is unique in the sense that it takes into account other factors like your education and the job prospects for you based on your background and skills. That's why Upstart was the only financial instituition that approved me for this amount of loan with realtively low rates. No it's not yet below 10% but much lower than my credit card APRs, and yes there is an origination fee, but even including that I'm still gonna pay lower than third of the interest paid to credit card companies. More importantly, I'm gonna get a boost in my credit score after a long time due to zeroing my revolvng balances and zero credit usage ratio, so I'm up to a healthier financial life-style of hopefully living debt-free in a few years or at least living under a way lower and managable debt. My next steps? Avoiding carrying balances with credit cards EVER AGAIN! Paying my loan installments on time and waiting for a while until my score improves and I can get even a lower APR.
Thank you Upstart for respecting my education!
Applied and was approved within 24hrs
After battling my local banks for years, trying for them to help us out to consolidate our debts, they couldn't do it. Decided to check out Upstart one evening and to my surprise was approved and funded withint 24hrs. Something a traditional bank cannot do. The whole process was electronic, secure, and trusted. We have high income and can definately make it work, but having one payment for everything is much easier. So we are now in the process of planning to pay the Upstart balance off early and walk away debt free!!!!
Fastest approval I've ever had!
Quick and easy!
Great for consolidating debt
Very helpfull, quick and no issues.
Quick and easy approval!
Upstart quoted me at a better rate than my credit union and I was approved within three hours of applying!
Unbelievably easy; unbelievable relief!
Within 5 minutes I was approved and spent the rest of my night feeling giddy!
Paying down credit card debt
Easy to apply and money will be in my account tomorrow. Simple and easy way to pay down credit card debt when your rates have gone up on cards that you have for a while/ have large balances.
LIFE SAVER!!
I always had my finances in place. Everything was perfect with me. All of the sudden life hit me with a divorce due to unfaithfulness from my husband and a NASTY battle in court for custody of our daughter. I am now struggling to pay off some credit cards. Thank you to upstart sending their services via mail, I applied and got approved for MORE THAN I NEEDED. Now I can pay off all the debt and focus on ONE payment only. Thank you guys so much and thank you to the investors.
Moving/Funeral Loan
My family and I had some moving and funeral expenses and Upstart went above and beyond to provide excellent, timely service. I would recommend heartily!
Great Way to Pay off CC
36 Month - Great!
QUick and helpful
The process of signing up was very easy! I really appreciate that.