What are the minimum credit requirements to receive a loan?

To be eligible for a loan, these are the minimum credit requirements:

  1. Different Upstart lending partners have different minimum credit scores. In addition, we may accept applicants with insufficient credit history to produce a credit score.

  2. Your credit report should not have any significant changes from the time the rate was offered to you until you sign the promissory note.

  3. We consider the amount of debt you have in relation to your income.

  4. Different Upstart lending partners may or may not review items on your credit report such as bankruptcies or public records.

  5. Additional minimum credit requirements may apply depending on the lender with which Upstart matches you.

Keep in mind that the credit score received by the lender may differ from the one reported by your credit monitoring services if the monitoring service is using a different credit bureau or scoring method.

If you believe there are any errors on your credit report, please reach out to TransUnion and/or Equifax. Here are their contact details:

Name: TransUnion
Telephone number: 1-800-916-8800
Website: www.transunion.com

Name: Equifax
Telephone number: 1-888-548-7878
Website: www.equifax.com

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