topic Re: Just Applied and got approved for an Upstart Loan in Personal Finance

Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Sun, 10 Apr 2022 19:23:08 GMT

Hello all

I was browsing the credit karma app and notice for a while I had outstanding pre approval offers for and Upstart loan

So finally I decided to pull the trigger

I was approved for 20,000 @Anonymous.39 %

my payments are 460.00 ...

My plans are to pay off my credit cards and cut them up keeping only 1 major for emergencies

this loan was my first and only inquiry In over 3 years

my income including bonuses is 66,888

Im excited I never thought I'd make it here

stay tuned

Re: Just Applied and got approved for an Upstart Loan

MySunrise271 — Sun, 10 Apr 2022 20:54:13 GMT

Congratulations on your approval🎉🎉🎉😉

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Mon, 11 Apr 2022 00:16:35 GMT

Actually my apr is 13.25% I read it wrong ... I'm excited to get rid of this debt

Re: Just Applied and got approved for an Upstart Loan

babygirl1256 — Mon, 11 Apr 2022 04:15:09 GMT

Congrats on your Upstart Loan.

Re: Just Applied and got approved for an Upstart Loan

AlanGJP — Mon, 11 Apr 2022 05:48:16 GMT

Congrats! As someone that is self-employed, I'm curious, did they ask for proof of income?

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Mon, 11 Apr 2022 10:04:17 GMT

Yea they did . I had to show paystubs

Re: Just Applied and got approved for an Upstart Loan

sportsguy83 — Mon, 11 Apr 2022 22:45:12 GMT

Congrats!! I know how you feel. I was quoted at an almost identicle rate for 35k with Upstart but am holding off for another month or two. I just paid off five cards and want them to all report $0 before I pull the trigger, hopefully my rate and lender options will improve slightly once those report.

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Mon, 11 Apr 2022 23:59:02 GMT

Im super excited too just to pay the cards off I know my score will jump in time ... how long did it take your score to start really moving

Re: Just Applied and got approved for an Upstart Loan

sportsguy83 — Tue, 12 Apr 2022 01:11:13 GMT

Mine have already come up from what they were in March. My TU has increased 17 points as of Friday. Interested to see how much they increase after the May statements close when those five cards report $0.

Re: Just Applied and got approved for an Upstart Loan

Anonymous — Wed, 13 Apr 2022 11:44:31 GMT

What's your credit score?

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Wed, 11 May 2022 04:13:39 GMT

They pulled my Equifax it's at 640

my Experian is the lowest at 616

and my Transunion is 636

Re: Just Applied and got approved for an Upstart Loan

CYBERSAM — Wed, 13 Apr 2022 21:18:58 GMT

Congrats on your Upstart Loan!

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Wed, 13 Apr 2022 22:28:29 GMT

Thank you

Re: Just Applied and got approved for an Upstart Loan

Creditbuilder36 — Wed, 11 May 2022 04:14:35 GMT

Update: tomorrow is my first official payment of my loan and my scores are this so far

experian :626. Transunion : based oN my discover card :713 Equifax : 671

untilization is at 14% no new inquiries other than the loan

Im hype

I left some balances so I'll see how it goes once I pay them off