Upstart 503 views

Upstart is an online lending platform that goes beyond the traditional FICO score to offer personal loans. Their proprietary underwriting model identifies high-quality borrowers despite limited credit and employment history by evaluating non-traditional variables including schools attended, area of study, academic performance, and work experience to predict creditworthiness.

Upstart offers 3-year and 5-year fixed interest loans, and are primarily used to pay off credit cards, consolidate debt, eliminate student debt, start a business, or pay for a personal development bootcamp. Mission: Their mission is to enable effortless credit based on true risk. Why? Because credit really matters. Money is a fundamental ingredient of life, and unless you’re in the few percent of Americans with significant wealth, the price of borrowing affects you every day. Through all of history, affordable credit has been central to unlocking mobility and opportunity.