How Long It Takes to Get Money From Upstart? (2024)

It takes as little as 1 business day after you sign the loan agreement to get money from a personal loan through Upstart, according to the company. Exactly when the funds will be available for use depends on your financial institution, and you should reach out to them for more information.

How to Get Money From Upstart as Fast as Possible in 2024

Fill out the application carefully.

You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from Upstart having to request additional information.

Check your credit report for errors.

Before you apply, you should verify that everything onyour credit reportis accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you shoulddisputethem right away to get them removed.

Raise your credit score.

There is no minimum credit score requirement to get a personal loan through Upstart. Having a high credit score will make it easier for the company to decide if you qualify and what your rates may be, though.

Once you get approved for a personal loan through Upstart, the money will be delivered through an electronic funds transfer to your bank account.

If you accept your loan by 5pm EST (not including weekends or holidays), you will receive your funds the next business day. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law.

The majority of borrowers on the Upstart platform are able to complete the application process automatically without providing additional supporting documents. Final approval is conditioned upon passing the hard credit inquiry.