Upgrade Review > Debt Consolidation

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Upgrade Review

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What is Upgrade & how does it work?

Upgrade’s founding team pioneered online lending on the premise that an online platform would operate at a lower cost and deliver a better customer experience than traditional banking. In 2016 Upgrade was created, a platform that combines a decade of online lending experience with the latest technology to further reduce the cost of credit, and deliver access to new products designed to help consumers better understand their credit and make responsible credit decisions. 

Upgrade's one-page application is quick and easy. Get a decision in seconds – with no negative impact to your credit score. Choose from amounts you qualify for—between $1,000 and $50,000—and pay it back over 36 or 60 months* with a rate that will never increase. Accept your loan offer and Upgrade will send your money to your bank account within a day of clearing necessary verifications.

​Upgrade Fees & Features
Upgrade Fees
1% to 6% Origination fee
Credit Inquiry
Soft pull, does not hurt credit to see if you are pre-approved. Hard inquiry when you apply.
Loan Amounts
$1,000 - $50,000
Upgrade feature APRs of 6.99% - 35.97%
Loan Terms
36 or 60 months
Upgrade Summary
With personal loans, personal credit lines, and free credit health tools Upgrade is a great option to obtain your financial goals. Whether you want to purchase a boat, consolidate high interest debt, or look for other financing options without putting your home up as collateral Upgrade has the products and technology.
Prosperment Recommended