Best Personal Loans For Bad Credit (Upstart vs Upgrade vs LendingPoint)

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Best Personal Loans For Bad Credit (Upstart vs Upgrade vs LendingPoint). In this video I will talk about the best personal loans for bad credit.

Links to the personal loans:
https://www.upstart.com/personal-loans
https://www.upgrade.com/personal-loans/
https://www.lendingpoint.com/

Upstart -Best for minimum credit score
Upstart Loan believes that a person is more than their credit score. Therefore, they consider other factors when giving out personal loans. You can still get a good rate with this loan even if you have the minimum credit score, as they will base on your education and employment. You can get a loan amount ranging from $1000 to $50,000, which you can repay within three to five years. The best thing about this loan is its low fixed rates, ranging between 7.8%- 35.99% APR. It also uses an artificial intelligence tool that may allow loan approvals for applicants who may have been unqualified.

Upgrade-Best for a quick small loan
With a minimum score of 600, you can get a quick personal loan from Upgrade. This lender offers a loan amount ranging from $1000-$50,000 with a fixed rate of 8.49%-35.99% APR. The best thing about this app is that it doesn’t charge prepayment fees. The Upgrade also disburses the money from as little as one business day after the loan has been approved, making it very fast and reliable.

LendingPoint- Best for a low minimum rate
Like the Upstart loan, LendingPoint believes a person is more than numbers on papers or filled-in form fields. You can get a loan amount from LendingPoint ranging from $2,000 to $36,500, with little requirements. The minimum credit score accepted by this lender is 600, which is fair. The best thing about this loan is that it has the lowest APR, ranging from 7.99% to 35.99%. Also, it does not affect your credit score, making it a good choice.

So, which is the best loan from the list?
Our top pick is Upstart. We loved this loan because it accepts bad credit scores from as low as 300, enabling many bad credit holders to get personal loans.
Please note that these rates and fees are current and subject to change in the future.

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