Can I apply for a second loan with Upstart?

Do you currently hold a personal loan with Upstart and are considering applying for a second one? At Responsible Economy, we’re here to outline all the requirements you need to meet in order to successfully request a second loan with Upstart.

How to Apply for a Second Loan with Upstart

If you’ve already obtained a loan through Upstart, meeting the criteria for another personal loan entails:

  • Ensuring timely monthly payments over the course of the preceding six months. Timely payments denote receiving a payment within the 15-day grace period.
  • Maintaining a record without any ongoing or presently overdue payments.
  • Possessing no more than a single outstanding loan via Upstart during the application process. Having outstanding principal not exceeding $50,000 at the time of loan initiation.
  • Upon completing the repayment of an existing Upstart loan and maintaining on-time monthly payments for the preceding six months, you become eligible to apply for a second loan once your most recent payment is processed and cleared (within 14 days from the payment date).
  • If you’ve successfully paid off a previous Upstart loan but any of the last six monthly payments weren’t punctual, or if you repaid the loan prior to reaching six monthly payments, a 60-day cooling off period is required before you can reapply.

To submit a second application, you might need to use an alternate email address than the one previously utilized in another application. To initiate a second loan application, please check your rate here!

Other loans similar to Upstart include

Here is a comprehensive list of other loans similar to Upstart. You will be able to see the key features of each loan:

Logo SoFi loans
  • APR: 8.99-25.81%
  • Terms: 2-7 years
  • Amount: $5,000-$100,000
  • Credit Score: no
Logo LightStream loans
  • APR: 7.99-25.49%
  • Terms: 2-12 years
  • Amount: $5,000-$100,000
  • Credit Score: 660
Logo Upstart loan
  • APR: 6.50-35.99%
  • Terms: 3-5 years
  • Amount: $1,000-$50,000
  • Credit Score: no
Logo Happy Money loans
  • APR: 10.50-29.99%
  • Terms: 2-5 years
  • Amount: $5,000-$40,000
  • Credit Score: 640
Logo upgtrade loans
  • APR: 8.24-35.97%
  • Terms: 2-7 years
  • Amount: $1,000-$50,000
  • Credit Score: 560
Best Egg loan
  • APR: 8.99-35.99%
  • Terms: 3-5 years
  • Amount: $2,000-$50,000
  • Credit Score: 600
Logo Universal credit loans
  • APR: 11.69-35.93%
  • Terms: 3-5 years
  • Amount: $1,000-$50,000
  • Credit Score: 560
Logo Discover personal loans
  • APR: 6.99-24.99%
  • Terms: 3-7 years
  • Amount: $2,500-$40,000
  • Credit Score: 660
logo rocket loans
  • APR: 9.116-29.99%
  • Terms: 3-5 years
  • Amount: $2,000-$45,000
  • Credit Score: 640

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Updated the day 1 September, 2023 by Alfredo Barandiarán

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