As of today, borrowers on Upstart who accept their loan by 5PM ET will receive their funds the next day*. We’ve accomplished this by automating all investing on Upstart, so that all approved loans fund virtually instantly.
The Upstart loan timeline includes around 1 to 14 business days to get approved for an Upstart loan and another 1 to 3 business days to receive the funds after approval. Keep in mind that this is a typical applicant's experience, and in some cases it could take longer.May 18, 2021
To qualify for an Upstart loan, you'll need a credit score of 600 as well as a verifiable source of income. Upstart will also look at the length of your credit history and your educational and work history when evaluating your loan application (some exceptions do apply).Jul 27, 2021