For consumers wanting to consolidate their debt or maybe fix a leaky roof, Upgrade can offer flexible personal loans up to $50,000 with no impact to credit to prequalify.¹ The online application process is highly accessible, fast, and approvals can potentially come within minutes and funds deposited the same or next business day.⁵ Upgrade also has credit cards and rewards checking which earn cashback on debit card purchases.
Pros and Cons of Upgrade
For individuals looking for personal loans with convenient funding timelines and flexible ways to use your funds, Upgrade can be a practical option.⁵
- No prepayment penalties³
- Checking your rate is free
- Upgrade can even send funds directly to your creditors if you are consolidating debt.
- Flexible loan terms⁴
- Credit Check Required
- May not qualify for an unsecured loan without a stronger credit score⁵
How Upgrade Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | 24 to 84 months | Typically 24-48 months⁴ | N/A |
| Funding Timeline | Receive funds in as little as one business day | Receive funds in as little as one business day | Receive funds on the same day or by the next business day |
| Bottom Line | Upgrade offers personal loans up to $50,000 for debt consolidation or home repairs.¹ The fast, accessible online application can lead to potential approval in minutes and funding the same or next business day.⁵ |
Offers both personal loans and title loans to qualified borrowers, but the application process is not as streamlined as other options. Borrowers may have convenient options for repaying their loans.⁵ |
Oportun assists borrowers needing funds quickly with personal loans up to $10,000 with approvals and funding possible the same day.⁵ Loans come with fixed monthly payments, no hidden or prepayment penalties, but not available nationwide.³ |
Frequently Asked Questions about
Upgrade
Yes, Upgrade is a legitimate financial technology company that offers personal loans, credit cards, and other services.
Reaching an Upgrade Customer Support representative is possible by dialing toll-free (844)-319-3909 or by emailing support@upgrade.com.
Upgrade has been an accredited business with the Better Business Bureau (BBB) since 2017 and holds an A+ rating.
