Grace Enfield, Content Writer
@grace_enfield
Upgrade may approve you within one business day, but it can take longer if the company needs extra documentation to verify your information. After your application is approved and you accept the offer, you can get your money via electronic bank transfer within one business day.
Key Things to Know About Upgrade Loan Approval
- Minimum Credit Score: 580, according to multiple third-party sources
- Approval Timeline: 1 - 4 business days (longer if extra verification needed)
- Funding Timeline: 1 business day after approval
- Fund Delivery Method: Electronic bank transfer
- Loan Amount: $1,000 - $50,000
- APR: 7.74% - 35.99%
- Repayment Period: 24-84 months
- Origination Fee: 1.85% - 9.99%
If you think an Upgrade loan is right for you, check out the full Upgrade personal loan review on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.
People also ask
Is Upgrade legit?
Upgrade is legit because it has an A+ rating from the Better Business Bureau and has been BBB-accredited since 2017. Upgrade personal loans also received a rating of 3.6/5 from WalletHub's editors, as they offer $1,000 - $50,000 with decent interest rates to people with bad credit or better.
Why Upgrade is a Legit Company
- Upgrade is registered as a business in the states it services.
- Upgrade has a Better Business...
How long does it take to get money from an Upgrade personal loan?
It takes 2 business days to get money from a Upgrade personal loan, in most cases. The Upgrade loan timeline includes around 1 day to get approved for a Upgrade loan and another 1 business day after approval to receive the funds after approval. Keep in mind that this is a typical applicant’s experience, and in some cases it could take longer.
How to Get Money From Upgrade as Fast as Possible
- Fill out the application...
What credit score do you need for an Upgrade personal loan?
Upgrade's minimum credit score for a personal loan is of 580, according to multiple third-party sources. That means you can get a personal loan from Upgrade with bad credit, but a higher credit score will give you better approval odds and should get you better loan terms.
Upgrade Credit Score Requirement & Loan Terms
| Category | Requirements and Terms |
| Minimum Credit Score ... | 580 |
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