Upgrade: Bankrate 2025 award winner for first-in-class customer experience
Upgrade: Bankrate 2025 award winner for first-in-class customer experience
Upgrade: Bankrate 2025 award winner for first-in-class customer experience
Overview: While several lenders we reviewed offer loans to fair credit borrowers, most don't offer terms as long as 84 months. Upgrade caters to borrowers with scores as low as 580, and even offers a low loan amount minimum for smaller borrowing needs.
- Option to add a co-borrower
- Perks like credit monitoring and seven-day-a-week customer service
- Low credit score minimum and flexible repayment terms
- Fees up to almost 10 percent
- Qualifying requirements not disclosed on website
- High APR maximum
Borrowers with low scores due to maxed-out credit cards may qualify for an Upgrade debt consolidation loan, putting them on track for a better credit score future. While several lenders we reviewed offer loans to fair credit borrowers, most don't offer terms as long as 84 months. It's also a good fit for people with busy work schedules, with access to customer service every day of the week.