Fixed-rate personal loan offered through Upgrade.
Upgrade Personal Loan
Upgrade ·
- APR
- 7.74% to 35.99%
- Loan amount
- $1,000 to $50,000
- Term
- 24 to 84 months
- Origination fee
- up to 9.99%
Borrowers who want to apply with someone else or secure the loan to improve their rate
- Joint applications, and loans secured with a car or home fixtures, are available
- No prepayment fees
- The origination fee, 1.85% to 9.99%, is taken from the loan proceeds
Our verdict
Upgrade Personal Loan scores 3.6 out of 5 (72.4 of 100 points) in our method, which ranks it #7 of 10 verified personal loans we compare. Best for: borrowers who want to apply with someone else or secure the loan to improve their rate.
Key terms
| APR | 7.74% to 35.99% |
|---|---|
| Loan amount | $1,000 to $50,000 |
| Term | 24 to 84 months |
| Origination fee | up to 9.99% |
| Terms verified | 11/03/2026 |
Pros and cons
Pros
- Joint applications, and loans secured with a car or home fixtures, are available
- No prepayment fees
Cons
- The origination fee, 1.85% to 9.99%, is taken from the loan proceeds
Who it is for
- A good fit: Borrowers who want to apply with someone else or secure the loan to improve their rate.
- Look at other options if any of these is a dealbreaker: the origination fee, 1.85% to 9.99%, is taken from the loan proceeds.
How it compares
| Loan | APR | Loan amount | Term | Origination fee | Our rating |
|---|---|---|---|---|---|
| Wells Fargo Personal Loan | from 6.74% | $3,000 to $100,000 | 12 to 84 months | none | 5.0 |
| SoFi Personal Loan | 6.99% to 35.49% | $5,000 to $100,000 | 24 to 84 months | none | 4.9 |
| Discover Personal Loan | 6.99% to 24.99% | $2,500 to $40,000 | 36 to 84 months | none | 4.6 |
| Upstart Personal Loan | 6.30% to 35.99% | $1,000 to $75,000 | 36 to 60 months | — | 4.5 |
| Citi Personal Loan | from 10.24% | $2,000 to $30,000 | — | none | 4.2 |
| OneMain Financial Personal Loan | 11.99% to 35.99% | $1,500 to $35,000 | 24 to 60 months | — | 4.1 |
| Upgrade Personal Loan | 7.74% to 35.99% | $1,000 to $50,000 | 24 to 84 months | up to 9.99% | 3.6 |
| Prosper Personal Loan | 8.99% to 35.99% | $2,000 to $50,000 | 24 to 72 months | up to 9.99% | 3.5 |
| Best Egg Personal Loan | 6.99% to 35.99% | $2,000 to $50,000 | 36 to 60 months | up to 9.99% | 3.4 |
| Avant Personal Loan | 9.95% to 35.99% | $2,000 to $35,000 | 24 to 60 months | up to 9.99% | 3.2 |
See it in our full comparison: Personal Loans: Lenders Compared.
How we scored it
The score uses only the loan’s published terms. Whether a provider pays us, or whether we have any agreement with it, plays no part. Read the full method.
| Part | Weight | This loan |
|---|---|---|
| APR | 35 | 94 / 100 |
| Origination fee | 20 | 0 / 100 |
| Amounts and terms | 15 | 91 / 100 |
| Funding speed | 10 | 86 / 100 |
| Soft-check prequalification | 10 | 100 / 100 |
| Credit requirement | 10 | not scored |
Frequently asked questions
What is the APR on the Upgrade Personal Loan?
Upgrade advertises an APR of 7.74% to 35.99% (verified 11/03/2026). The rate you are offered depends on your credit and the loan you choose, and the lowest rates usually go to the strongest applicants.
Does the Upgrade Personal Loan have an origination fee?
Upgrade states an origination fee of up to 9.99% of the loan amount, taken from the proceeds (verified 11/03/2026). That means you receive less than the amount you borrow.
Does checking my rate affect my credit score?
Upgrade says that checking your rate does not affect your credit score. Read its terms for what happens when you accept an offer.
How fast can I get the money from Upgrade?
Upgrade says funds can arrive as soon as one business day after approval or signing. Timing depends on your bank and on verification.
What could a $10,000 loan cost per month?
At the lowest advertised APR (7.74%) over 36 months, the payment on $10,000 would be about $312 a month, or $11,238 in total. This treats the APR as the interest rate, so your real payment will differ with your offer and any origination fee. Use the loan calculator for your own numbers.
Sources
- Upgrade product page, read 11/03/2026
Terms change; confirm them on the provider’s site. Not financial advice.