Upgrade personal loan review

Do you want to learn about all the features of the Upgrade personal loan? At Responsible Economy, we present you with all the characteristics that Upgrade loans offer, along with a comparison to the best personal loans for bad credit scores. Let’s get started!


In this section, we analyze in detail all the features:


Upon loan approval, Upgrade may apply an origination fee ranging from 1.85% to 9.99%.

The good news is, you won’t have to worry about any prepayment fees.

Interest rate

The loan’s interest rate ranges from 8.49% to 35.99% APR. Keep in mind, this rate can vary based on factors such as your credit score, loan purpose, and requested amount. While a higher rate might appear tempting, it’s wiser to strive for the lowest rate to ensure the loan remains advantageous for you.


You have the option to repay the loan over a period of 2 to 7 years. Upgrade provides favorable terms for loan repayment in this range.


The minimum requestable amount is $1,000, and the maximum is $50,000. Both figures are favorable, considering many banks have significantly higher minimums.

Credit score

Upgrade does not provide information about a minimum credit score. You can apply for a soft credit to see your interest rate without it affecting your credit score.

Summary table

Here is a summary table with al features:

FeesOrigination Fee: 1.85% to 9.99%
Interest Rate8.49% APR to 35.99% APR
Terms2 to 7 years
Amount$1,000- $50,000
Credit ScoreUpgrade does not specify a minimum credit score requirement
Upgrade features

Best personal loans

We have created a comparative table of Upgrade with the best personal loans for bad credit score. You have 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


We have compiled a list of all the advantages of Upgrade loans:

  • Low minimum interest rate
  • Checking your rate won’t affect your credit score
  • No prepayment fees.
  • No required credit score.


You also have a list of all the negative features of Upgrade loans:

  • Very high highest interest rate.
  • Origination fees


The minimum requirements to obtain a personal loan with Upgrade are:

  • Being a resident of the United States.
  • Being over 18 years old.
  • Completing the online process
  • Having stable and steady income.

Loan Calculator

We’ve developed a personalized loan calculator that provides a clear overview of your interest payments. This tool enables you to perform different calculations, helping you plan effectively and minimize interest expenses. Employing this intelligent approach could lead to substantial long-term savings on interest:

Upgrade Loan Calculator

Upgrade Loan Calculator


Our analysis suggests that you should contemplate choosing Upgrade solely if you can secure the lowest attainable interest rate, as the higher rate might not be competitive. Moreover, it's essential to factor in the origination fee, which could potentially be relatively significant.

Frequent questions

Here is a list of the most frequently asked questions about Upgrade loans:

More information about Upgrade

We have created a table with information about Upgrade:

Phone(844) 319-3909
Information about Upgrade

Here you have related content about personal loans:

Updated the day 1 September, 2023 by Alfredo Barandiarán

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Abrir chat
Hola 👋
¿En qué podemos ayudarte?