Short-term Relief loans

A short-term relief loan lets you borrow money and repay it through fixed monthly payments over a shorter period, rather than repaying the full balance at once like a typical payday loan.

Short-term relief loans through Upstart let you borrow $200 to $2,500 with repayment terms from 3 to 18 months⁵. They charge no interest or late fees. Instead, there’s a one-time origination fee that makes up the APR. With fixed monthly payments and a set repayment schedule, you know your costs and when your loan will be paid off upfront.

A short-term relief loan through Upstart is an installment loan that you repay with fixed monthly payments over 3 to 18 months. A payday loan typically requires you to repay the full amount, plus fees, by your next payday.

Short-term relief loans through Upstart let you borrow $200 to $2,500 with no interest or late fees. Instead, you pay a one-time origination fee. With predictable monthly payments and a set payoff date, you can spread repayment over time and know your costs upfront rather than facing a single lump-sum payment.

A short-term relief loan through Upstart has no interest or late fees. Instead, you pay a one-time origination fee, which is included when calculating your APR. Your exact cost depends on your loan amount and repayment term.

For example, a $1,000 loan with a 12-month term and a $205 origination fee has a 35.95% APR, with 12 monthly payments of $100.44⁵. Your APR will never exceed 35.99%.

Other fees may apply in certain situations:

• Paper copies fee: $10 if you withdraw your eSign consent and request paper copies of your records.
• Term extension fee: A one-time, non-refundable fee may apply if you choose to extend your repayment term later.

With Upstart, you can see your costs and fixed monthly payment upfront, so you know what you’ll repay before accepting your loan.

Yes. You can apply for a short-term relief loan online through Upstart, without mailing paperwork. From checking your rate to reviewing and accepting your loan offer, the process is designed to be completed digitally.

The online process makes it faster and easier to see your options, and if approved, you could get your funds instantly⁴—helpful when you need money for an unexpected expense quickly.

Yes, it may be possible to get a short-term loan with bad credit, but approval isn’t guaranteed and depends on your overall financial profile.

Through Upstart, we consider more than your credit score when evaluating your application, including factors such as your income and other financial information. Short-term relief loans through Upstart are designed for smaller borrowing needs, from $200 to $2,500, so you can check your options without taking on a larger loan than you need.

Yes. Short-term relief loans through Upstart require a credit check, so they aren't no-credit-check short-term loans. However, your credit score is only one part of the evaluation. Upstart also considers factors such as your income and employment when reviewing your application.

This broader view gives us a more complete picture of your financial profile, rather than relying on your credit score alone.

There is no minimum income to qualify for a short-term relief loan through Upstart. Income is just one part of your application—Upstart also factors in things like employment and overall financial history.

No. Checking your rate for a short-term relief loan through Upstart uses a soft credit inquiry, which won’t affect your credit score¹. If you accept an offer and move forward, a hard credit inquiry will be performed, which will affect your score.

This means you can see what short-term loan options may be available through Upstart before deciding whether to move forward, without the rate check itself affecting your credit score.

Short-term relief loans through Upstart move quickly. Most borrowers who are eligible for instant funding receive their funds in as fast as 15 seconds⁴ after approval and loan acceptance. This means you can get the money you need quickly when an unexpected expense can’t wait.

Your first payment will be about 20-40 days from your loan origination date. Your specific repayment date will be listed on your promissory note.

Yes. Short-term relief loans through Upstart have no prepayment penalty, so you can pay off your loan early without an additional fee.

Because these loans charge a one-time origination fee rather than interest, paying early won’t reduce that origination fee, but you also won’t be charged extra for paying ahead of schedule. This gives you the flexibility to repay your loan sooner if your budget allows.

It’s possible. Short-term relief loans through Upstart come with terms from 3 to 18 months, so you can choose a repayment length that fits your budget from the start.