As of today, borrowers on Upstart who accept their loan by 5PM ET will receive their funds the next day*. We’ve accomplished this by automating all investing on Upstart, so that all approved loans fund virtually instantly.
As a company at the forefront of personal loans, we love that you’re asking questions. So, here’s everything you always wanted to know about personal loans.
Ignoring your finances and delaying developing good habits, is basically tossing your financial fate to luck— and you’re smarter than that.
Why would someone borrow money to pay off debt? As counterintuitive as it may sound, it can be a savvy way to save money and repay your high-interest debt quickly.
Today, we’re excited to announce our partnership with Victory Park Capital (VPC), who will invest $100M in Upstart loans over the next two years. The firm began purchasing loans on Upstart earlier this month.
Borrowing money has a reputation for being complicated, expensive and intimidating. We want to change that.