Upgrade – Personal Loan
Upgrade offers personal loans from $1,000 to $50,000 with flexible terms up to 7 years and accepts joint applicants and co-signers.
Applying does not obligate you to accept a loan offer.
Upgrade Personal Loan – 2026 Review
Upgrade is a San Francisco-based fintech offering personal loans, credit cards, and rewards checking. Upgrade is known for accepting joint applications and co-signers, which can help applicants with weaker credit access better rates.
Upgrade Loan Details
Loans range from $1,000 to $50,000 with terms of 24 to 84 months. APRs run from 7.99% to 35.99% with an origination fee of 1.85% to 9.99% of the loan amount.
✓ Pros
- Co-signer/joint application option
- Fast funding
- Pre-qualification with soft pull
- Discounts for autopay
✗ Cons
- Origination fee 1.85%-9.99%
- Late fee of $10
- APR can reach 35.99%
Loan Example
Example: $12,000 loan for 60 months at 14.99% APR with 5% origination fee = monthly payment of $285.49, total payable $17,129.40.
Eligibility Requirements
- ✓ Age 18+ years (19 in AL, NE)
- ✓ US citizen, permanent resident, or eligible visa
- ✓ Verifiable income
- ✓ Credit score 580+
- ✓ Valid US bank account
Loan Features
- Joint applicants accepted
- Loans from $1,000
- Direct creditor payments
- Free credit monitoring
- Mobile app for management
Frequently Asked Questions
1-4 business days after submitting your application.
The minimum amount at Upgrade is $1,000 USD.