27/09/2021
17h18
Documents necessary for the application of Upgrade Personal Loan
- Copy of government-issued identification
- Recent pay stubs
- Bank statements
Interest and Administration fees
Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 7.46%-35.97%. All personal loans have a 1.85% to 8% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46.
Procedure for the loan application
- Check Your Rate
- Apply online in minutes and see your rate with no obligation or impact to your credit score.
- Choose Your Loan*
- Review multiple loan options and decide which offer is best to help you achieve your financial goals.
- Fast Funding
- Accept your loan offer and you should get your money within a day of clearing necessary verifications.