Applicants on Upstart must have a minimum credit score of 300 as reported by a consumer reporting agency. Note, we do accept applicants with insufficient credit history to produce a credit score.
In addition, there cannot be any material adverse change in your credit report from the time the loan was offered to you and your funding. Material changes include significant drops in your credit score or additional debt obligations. If this occurs, your loan approval will be declined.
You must not have any bankruptcies, or public records from within the last 3 years on your report unless the public records consist only of paid civil judgments or paid tax liens;
Your credit score may vary slightly between agencies, but any major differences may indicate an error or misconduct, so it is important to get in the habit of checking your credit score at each agency.
Additionally, the credit score Upstart receives may be different from the one reported by your credit monitoring services in the event that a credit monitoring service is reporting a score from a different bureau or different scoring method.
If you believe there are errors on your credit report, please contact the credit reporting agencies listed below.
TransUnion
Website: www.transunion.com
Experian
Phone: 1-888-397-3742
Website: www.experian.com
Equifax
Phone: 1-888-548-7878
Website: www.equifax.com
The information above relates to borrowers publishing on our platform on or after April 23, 2014.