Best Short Term Loans Similar to Upstart
Need fast cash but want options beyond Upstart? Discover the best short term loans similar to Upstart—quick approval, flexible terms, and choices for every credit score, all in one easy guide!
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If you’re searching for the best short term loans similar to Upstart, you’re likely looking for quick, hassle-free financing with flexible approval criteria and rapid funding. Upstart has made a name for itself by using artificial intelligence to assess borrowers for personal loans, but it’s not the only game in town. Whether you have fair credit, need money fast, or want to compare multiple lenders, there are plenty of alternative platforms and lenders that offer short term loans with easy online applications, competitive rates, and flexible repayment options. In this article, we’ll break down the top alternatives to Upstart, highlight their unique features, and help you find the right short term loan for your needs—so you can get back to what matters most, stress-free and financially secure.
What Makes a Loan Platform “Like Upstart”?
Upstart stands out for its AI-driven approval process, quick funding (often within one business day), and willingness to consider applicants with less-than-perfect credit or unconventional backgrounds. The best Upstart alternatives offer:
- Fast online applications and approvals
- Flexible loan amounts and repayment terms
- Options for borrowers with fair, poor, or limited credit
- Transparent terms and minimal fees
- Rapid funding, often within 24–48 hours
Top Short Term Loan Alternatives to Upstart
Here’s a rundown of the best short term loan platforms and lenders similar to Upstart, each with unique strengths for different borrower needs:
| Lender/Platform | Best For | Loan Amounts | Approval Speed | Key Features |
|---|---|---|---|---|
| SoFi | Good credit, no fees | $5,000–$100,000 | Same-day possible | No origination fees, unemployment protection |
| PersonalLoans.com | Wide credit range, variety | $1,000–$35,000 | As fast as 24 hours | Network of lenders, flexible terms |
| LendingClub | Peer-to-peer, debt consolidation | $1,000–$40,000 | 1–3 days | Flexible terms, joint applications |
| Avant | Fair credit | $2,000–$35,000 | Next-day funding | Installment loans, manageable terms |
| OppLoans | Bad credit | $500–$4,000 | Same-day possible | No credit check, transparent policies |
| MoneyMutual | Subprime borrowers | Up to $5,000 | 24 hours | Marketplace of lenders, easy prequalification |
| Prosper | Peer-to-peer, joint apps | $2,000–$40,000 | 3–5 days | Fixed rates, joint loans, investor-funded |
| Earnin | Small, no-interest advances | Up to $750 | Instantly | No fees, based on pay cycle |
| Possible Finance | Flexible repayments | Up to $500 | Minutes to hours | Installment loans, credit-building |
1. SoFi
Perfect for borrowers with strong credit who want no fees and extra perks, including career coaching and unemployment protection. SoFi’s loans are larger and come with member benefits, but approval is stricter.
2. PersonalLoans.com
This platform connects you to a broad network of lenders, making it ideal for those with a wide range of credit scores. You can compare offers and find the best fit quickly, with loan amounts as low as $1,000 and as high as $35,000.
3. LendingClub
A leading peer-to-peer lender, LendingClub is great for debt consolidation and offers flexible repayment terms. Joint applications can help you qualify for better rates.
4. Avant
Avant specializes in serving fair-credit borrowers, offering manageable installment loans and fast funding. It’s a solid pick if your credit isn’t perfect but you want a reputable lender.
5. OppLoans
If your credit is challenged, OppLoans is a top choice. They offer quick, transparent loans with no hard credit check, making them accessible for more borrowers.
6. MoneyMutual
MoneyMutual is a marketplace that connects you with lenders willing to work with subprime credit. The application is quick, and funds can be available in as little as 24 hours.
7. Prosper
As a peer-to-peer platform, Prosper matches borrowers with investors. It offers fixed-rate loans and the option for joint applications, which can help with approval and rates.
8. Earnin
Earnin is not a traditional lender but a cash advance app, perfect for small, short-term needs. There are no fees or interest, and you can access funds instantly based on your pay cycle.
9. Possible Finance
Possible Finance offers small installment loans with flexible repayment schedules and the added benefit of helping you build credit over time.
How to Choose the Best Short Term Loan for You?
When comparing short term loans like Upstart, consider:
- Credit requirements: Some platforms are more forgiving of low or limited credit.
- Fees and APRs: Look for lenders with transparent terms and no hidden fees.
- Funding speed: If you need cash fast, prioritize lenders with same-day or next-day funding.
- Repayment terms: Choose a loan that fits your budget and timeline.
- Customer support: Good service can make the borrowing process smoother.
Final Thoughts
The best short term loans similar to Upstart give you options—whether you need a large loan, have less-than-perfect credit, or just want the fastest approval possible. By exploring alternatives like SoFi, PersonalLoans.com, LendingClub, Avant, and others, you can find the right fit for your financial needs and avoid the pitfalls of payday loans or high-interest products. Always compare offers, read the fine print, and borrow responsibly.
FAQs
What is the fastest alternative to Upstart for a short term loan?
MoneyMutual and OppLoans both offer fast approvals, often with funds available as soon as the next business day.
Can I get a short term loan like Upstart with bad credit?
Yes, platforms like OppLoans, MoneyMutual, and PersonalLoans.com specialize in working with borrowers who have poor or limited credit histories.
