LendUp Payday Loans

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LendUp offers credit cards, loans, free financial education, and, where available, the opportunity to build credit, right from your phone.

LendUp offers a unique borrowing platform where you can rebuild your credit history as you move up the LendUp Ladder and take free financial education courses. Although you’ll be limited to small loan amounts at first, you can keep borrowing over time to help build your credit and get access to better loan terms.

LendUp loans follow a unique ladder system where borrowers may choose to improve their credit by successfully borrowing and paying back short-term loans. You can borrow anywhere from $100 to $250 your first time.

If you repay your loan successfully, you’ll be able to earn points and borrow more the next time you need money. You can also choose to complete free education courses offered by LendUp to increase the amount of points you have. This allows you to borrow more money at lower rates, and when you reach LendUp’s platinum and prime loan rungs, you can choose to have your credit reported.

Interest rates will vary based on your state of residence and how many times you’ve borrowed from LendUp. Your term could range from 7–30 days and depends on when you get paid.

Why a LendUp loan might work for you

LendUp loans have received positive mention from CNN, TIME, Wired and Financial Times. While these loans are essentially short-term payday loans, they come with a number of helpful features.

  • Good credit not required. LendUp approves people with poor credit. Their mission is to provide money to qualified applicants when they need it.
  • Instant decision on loan. Applying takes no more than a few minutes to complete, and you can find out if you’re approved instantly after submitting your application.
  • Credit education. LendUp offers free credit education courses through its website where everyone (whether they’re customers or not) can learn about topics including credit-related rights, how to establish credit, how to go through their credit reports and how to find out about the true cost of borrowing.
  • Online personal dashboard. You can check your loan’s status at any time by signing into LendUp’s online platform.

Once you repay your first loan, you can earn points that place you higher on the LendUp Ladder. If you’re eligible to move up the ladder, you may be able to borrow more money for a longer term and at a lower rate.

Borrower requirements
  • Age 18 years or older
  • Have a fair credit rating
  • US citizen or permanent resident
  • Have a valid bank account
Obtaining methods
  • Bank account
  • Credit or Debit card
Contact information
Working days:
8 - 19
10 - 19
Day off
LendUp rating
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LendUp reviews 2
Your credit score will be dropped the moment you take out a Prime loan and not when you take a PayDay loan here. Once you have paid off the Prime loan, your account will get closed and this will be reported to the credit bureaus. Your score will be dropped by the closed account. On this loan, people can take a huge hit. Additionally, they say that if you report how successful it was to pay off a loan in this company, your credit card will improve.
Easy to apply
Approval time
No hidden conditions
Renewal rules
Service quality
Customer support
Fast and easy and great customer service.
Pros: Fast and easy
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Easy to apply
Approval time
No hidden conditions
Renewal rules
Service quality
Customer support
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