Payday Loan Alternative - Online Loans & Credit Cards 24/7 - LendUp
A better alternative to Payday Loans. LendUp offers online loans and credit cards with free financial education and the opportunity to build credit (where available).
LendUp offers a quick online application and instant decisions, 24/7. Good credit isn’t required. LendUp also offer a series of free online education courses designed to boost financial savvy fast.
The LendUp Features
- Apply in as few as 5 minutes
- Instant decision
- Good credit not required
- Trusted direct lender
- State-licensed
The LendUp Ladder
By earning points, LendUp borrowers can move up the LendUp Ladder and gain access to apply for more money at lower rates over time. Completing actions such as on time loan repayment or taking free credit education courses are just a couple of the ways borrowers can earn points!
LendUp is a direct lender, which means there’s no anonymous middleman involved, and they don’t sell personal information.
| Product Name | LendUp Payday Loans |
|---|---|
| Min Loan Amount | $100 |
| Max. Loan Amount | $250 |
| Loan Term | 7 - 30 days |
| Turnaround Time | 1 business day(s) |
| Bad Credit Loans | Yes |
| Direct Lender | Yes |
| Products | Installment Loans, Payday Loans |
| Rates | LendUp charges a variety of APRs for their loans. As of the time of this writing, this ranged anywhere from 199.53% to 748.77%, although once you reach the Prime tier, you may have access to APRs as low as 29%. |
| Company | Flurish, Inc. dba LendUp |
| Contacts |
225 Bush St., 11th Floor San Francisco, CA 94104 1-855-2LENDUP [email protected] |
| Social Accounts | https://www.facebook.com/LendUpLoans https://www.instagram.com/lendup https://www.twitter.com/LendUpLoans http://www.youtube.com/user/LendUpVideos |
Is LendUp Available In Your State?
LendUp is available in the following states: Alabama, California, Florida, Hawaii, Idaho, Illinois, Indiana, Kansas, Louisiana, Maine, Minnesota, Mississippi, Missouri, New Mexico, Ohio, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming.
How to Apply for a Loan from LendUp
Eligibility criteria- You have a valid checking account
- You are a permanent resident or a citizen of the US
- Personal details including your name, date of birth, and social security number
- Contact details including your home address, email address, and phone number
- Details about your financial situation
LendUp Business Ratings
BBB Accreditation
On 12/14/2016 this business's accreditation in the BBB was revoked by the BBB's Board of Directors due to its failure to adhere to the BBB requirement
BBB File Opened: 03/13/2012
Business Started: 11/29/2011
Business Incorporated: 11/29/2011 in DE
Business Management
Swati Karandikar, Compliance Risk Manager
Mr. Kirk Robinson, Operations
Mr. Sasha Orloff, CEO
Contact Information
Principal: Swati Karandikar, Compliance Risk Manager
Principal: Mr. Kirk Robinson, Operations
Alternate Business Names
Flurish Inc
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Number of Employees: 135
Customer Review Rating
LendUp has received 1.37 out of 5 stars based on 18 Customer Reviews and a BBB Rating of F.
Reviews: 18
Complaints: 66
LendUp Company Information
LendUp is a direct lender that provides financial education and gamification for responsible lending behavior.
LendUp loans to customers that banks usually decline, giving borrowers with poor credit scores access to short term loans without hidden fees, rollovers, and high interest rates.
In September 2016 Lendup was fined by the Consumer Financial Protection Bureau and a California state regulator over widespread violations of payday- and installment-lending laws and agreed to pay over $6 million in penalties. The CFPB found that the company didn’t give consumers the opportunity to build credit or access to cheaper loans, as it had claimed it would.
Borrowing from LendUp
LendUp Ladder
Over time, you can earn points to climb the LendUp Ladder to apply for larger loans at lower rates. Credit reporting to the major bureaus is offered at the top two levels (optionally at Platinum and automatically at Prime), which could eventually increase your credit score. Earning points is as simple as making on-time loan payments, taking our free financial education courses and referring friends who borrow from us.
How points work
There are a variety of ways to earn points to climb the LendUp Ladder. While the simplest is to repay your loans on time, you can also earn points by taking our free education courses — a series of short, animated videos about credit, saving and more, all designed to boost your financial knowledge. And if you love LendUp, you can even earn points by submitting a testimonial video or referring friends who borrow from us.
LendUp Offices
Mailing Address
237 Kearny St #372 San Francisco, CA 94108
Headquarters
225 Bush St., 11th Floor San Francisco, CA 94104
