Upstart offers personal loans with flexible term lengths of either three years or five years, catering to varying borrower preferences and financial goals. Loan amounts range from $1,000 to $50,000, providing options suitable for a wide range of financial needs.

The approval process for the company's loans takes into account not only an applicant's employment and educational history but also their credit profile. This approach can benefit individuals with limited credit history but strong educational backgrounds by potentially offering them attractive loan terms. However, applicants with low credit scores coupled with a track record of missed payments or charge-offs on their credit report may still face rejection. Also, co-signers are not allowed.

The Annual Percentage Rates (APRs) on Upstart's loans span from 7.80% to 35.99%, reflecting competitive rates within the lending market. Additionally, Upstart's origination fees vary from 0% to 12%.