Choosing a Personal Loan
Personal loans have exploded in popularity. As such, there are hundreds of options available for consumers looking for this type of loan. Many banks and credit unions offer personal loans. There are also many online platforms, such as Upgrade, where you can receive you loan online.
Upgrade provides personal loans for people with fair or better credit. Customers can check their approval rate online without completing a full application. There will be no impact to your credit score when you check your loan terms.
Let’s take a look at some of the features offered from Upgrade for their personal loans.
Loan Features – Upgrade Personal Loans
- Loan amounts range from $1,000 to $50,000
- Repayment terms can be selected from 36 to 60 months
- Disbursement issued within one day of approval
- Credit approval starting around approximately a 600 credit score
- Interest rates range from approximately 6.98-35.89%
- Origination fees range from 1.5-6%
- No prepayment fees
The primary appeal for Upgrade is that they offer loans to individuals who may not have been approved elsewhere. A higher debt to income ratio is allowed than some other competitors.
If you have been denied approval with other lenders it is possible you will still qualify for a competitive rate with Upgrade. The best strategy is to shop around and get preapprovals from several lenders to determine what your best loan offer is.
Save With Upgrade Mail Offer
Upgrade provides select consumers with mail offers for personal loans. If you have received an offer you will be directed to apply online (www.savewithupgrade.com). Here you will find the following form:
Potential customers will be required to provide several pieces of information to get started with their offer. First, you will need to provide your 15 digit code included with the mail offer you received. You will also need to select a loan amount you are interested in receiving and the purpose of the loan.
Customers will be asked to provide some basic personal information to view their rate. As mentioned above, there is no impact to your credit score and you can check your loan rate for free.
Other Popular Loan Reviews:
Helpful Links and Upgrade Contact:
275 Battery Street, 23rd Floor
San Francisco, CA 94111, USA
Mail Offer: www.SaveWithUpgrade.com