Name: Upstart
Author: Upstart Network

Customer Success Management Training

Help Desk

Web and Video Conferencing

Customer Support

Augmented Reality Development

Development

Academic Advising

Education

Board Management

Business Intelligence (BI)

Collaboration

Contract Management

Corporate Social Responsibility (CSR)

Desktop Publishing

Enhanced 911 (E911)

Environmental Health and Safety (EHS)

Manufacturing Execution

Project Portfolio Management

Enterprise

Accounting

Investor Relations

Merger and Acquisition

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Build Automation

Cloud Storage

Continuous Delivery

Converged Infrastructure

Data Center Cooling

Data Fabric

Fraud Detection

Integration Platform as a Service (iPaaS)

Managed File Transfer (MFT)

Mobile Device Management (MDM)

Network Behavior Analysis

Network Performance Monitoring

Threat Intelligence

Value-Added Resellers (VARs)

Workload Automation

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Audience Engagement

Audio Editing

Content Management

Email Marketing

Gamification

Local Marketing

Marketing Automation

Press Release Management

Product Information Management (PIM)

Screen and Video Capture

Search Engine Marketing (SEM)

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Proposal

Quote to Cash

Sales Coaching

Sales

Cloud Infrastructure Entitlement Management

Security

Apparel

Chargeback Management

Dental

Financial Services CRM

ID Card

Internet of Medical Things

Nonprofit Fundraising

Oil and Gas

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Priority Matrix

Appfluence

eMeetingsOnline

FastPIPE

FastEST, Inc.

ReportsNow

AspenOne Supply Chain Management

Aspen Technology

Crowdtap

Document Locator

ColumbiaSoft

Frosmo

Frosmo Ltd

Azurepath

Azurepath, LLC.

Aras PLM

Aras Corporation

Upstart is an AI lending marketplace provided by Upstart Network, Inc. It aims to connect consumers with banks and credit unions to provide affordable credit products. According to the vendor, Upstart serves individuals and consumers in various professions and industries seeking personal loans, wedding financing, home improvement loans, moving loans, and medical financing.

## Key Features

According to the vendor, Upstart offers the following features:

**Check your rate**: Upstart allows users to check their rate through a soft credit inquiry, which the vendor claims does not impact their credit score. If users proceed with the application and accept their rate, a hard credit inquiry may be performed, potentially affecting their credit score. The vendor also states that repayment information may be reported to credit bureaus if a loan is taken out.

**Next business day funding**: The vendor claims that if users accept their loan offer by 5pm EST on a business day, Upstart ensures that the funds will be sent on the next business day, allowing for prompt access to the funds.

**No minimum educational attainment requirement**: Upstart does not have a minimum educational attainment requirement for loan eligibility, according to the vendor, making it accessible to a wide range of individuals.

**Loan amount based on credit, income, and other factors**: The vendor states that the loan amount offered by Upstart is determined based on various factors such as credit, income, and information provided in the loan application. Not all applicants will qualify for the full loan amount, and the minimum loan amounts vary by state.

**Range of available rates**: Upstart offers a range of available rates, which the vendor claims vary by state. The APR is calculated based on credit, income, and other information provided in the loan application. However, not all applicants will be approved for a loan, according to the vendor.

**Upstart's marketplace**: Upstart operates across the entire Upstart marketplace, connecting users with a wide range of banks and credit unions to provide loan options, according to the vendor.

**Low fixed rates**: According to the vendor, Upstart offers personal loans with low fixed interest rates, providing borrowers with predictability and stability in their loan payments. The vendor suggests that this can potentially result in lower interest rates compared to high-interest credit cards.

**No hidden fees**: Upstart does not charge any hidden fees for its personal loans, according to the vendor, ensuring that borrowers have transparency and straightforward loan terms.

**Next day funds**: Once approved, the vendor claims that borrowers can receive their funds as quickly as the next business day, allowing for timely access to the funds they need.

**Flexible loan amounts**: Upstart offers personal loans ranging from $1,000 to $50,000, giving borrowers the flexibility to choose the loan amount that best suits their specific needs, according to the vendor.

Upstart

Loan Servicing Software automates the loan lifecycle from origination, credit decisioning, payment processing and collections, to accounting and reporting.

Loan Servicing

Upstart Network

Loan Workflow

Tools used by loan origination and servicing and servicing agents to streamline their workflows.

Loan Document Management

This feature allows users to store, manage, and track all loan-related documents, ensuring compliance and efficient processing.

Loan Workflow Automation

This feature helps to automate various stages of the loan process, improving efficiency and reducing manual errors.

Loan Software Integrations

This feature allows lenders to access credit reports and scores from major credit bureaus, aiding in the credit assessment process, and integrate with CRM tools and third-party databases to manage borrower relationships.

Loan Reporting and Analytics

Allows users to generate various reports and analyze data related to loan origination and servicing, helping to make informed decisions.

Financial Reporting and Compliance

Financial statements and regulatory filings

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

Data Security

Tools and features that help keep data secure from unauthorized access or internal exposure.

At-Rest Data Encryption

Data at rest is encrypted, requiring decryption to read the underlying data.

In-Transit Data Encryption

Data is transmitted in an encrypted state, preventing interception of raw in-flight data.

In-Use Data Encryption

Data remains encrypted even when stored in non-persistent storage (RAM, CPU caches, and CPU registers). This prevents access to data through malware on an individual device.

Data Redaction

The product's capability to return redacted data in place of actual data when queried. For instance, a redacted query for the phone number 555-5555 could return ***-**55.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Loan Servicing Software

Upstart

Overview

What is Upstart?