Upstart offers personal loans for professionals with limited credit history or low credit scores

Get the Full StoryUpstart; Alyssa Powell Business Insider

If you have a strong work and education history but not great credit, an Upstart Personal Loan could be a good choice for you.

Along with your credit score, Upstart considers education history and work history to make loan decisions.

Upstart personal loans can be used for a variety of purposes, and interest rates range from 4.66 - 35.99 APR. However, high origination fees can be costly.

See Business Insider's list of the best personal loans of 2020

An Upstart Personal Loan could be the right loan for people who have a strong work and education history, but not the best credit score or a limited credit history.

One of Upstart's main distinctions is its underwriting process, which is the process of deciding who gets a loan and how much to charge in interest. Like any lender, Upstart considers credit scores as part of the process, but also considers employment history and education history such as where you went to school and your area of study.See the rest of the story at Business InsiderNOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequenceSee Also:I've tried 3 different methods for building my savings automatically, and this new one is my favorite by far8 bank accounts that will process your paycheck up to 2 days faster with early direct depositThe average monthly mortgage payment by state, city, and year

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