LoanUp short-term loan connection service review

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Find quick funding from $100 to $10,000.

  • Best for finding a lender you can qualify with — especially if you've been denied in the past.
  • Pick something else if you live in New York or want to avoid tribal lenders.


Min. Amount


Max. Amount

As fast as one business day

Turnaround time


Product NameLoanUp Personal Loans
Min. Amount$100
Max. Amount$10,000
Loan TermVaries
Loan SecurityUnsecured
Turnaround TimeAs fast as one business day
RequirementsSteady income, valid bank account, meet minimum income requirements, Social Security number, valid phone number and email address, US citizen or permanent resident, ages 18+

Review by

Anna Serio is a trusted lending expert and certified Commercial Loan Officer who's published more than 1,000 articles on Finder to help Americans strengthen their financial literacy. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Today, digital publications like Business Insider, CNBC and the Simple Dollar feature her professional commentary, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020.

Expert review

This connection service could be a good choice if you’re looking for a fast, small-dollar loan. It partners with both direct and tribal lenders, so it could potentially help you find funding even in states that have restrictions on short-term loans.

But watch out — tribal lenders tend to charge higher rates than the alternative. And it’s hard to tell which lenders will see your information when you fill out its online form.

You’ll also want to stay away from any texts claiming you’ve been approved for a loan you didn’t apply for through — this is a tell-tale sign of a scam.

Rather apply with a lender directly? Compare short-term loan providers below.

First, do I qualify?

You must meet the following requirements at a minimum to qualify for a loan with one of LoanUp’s partners:

  • Steady source of income
  • Checking or savings account
  • Social Security number
  • Phone number and email address
  • Live in any state but New York
  • US citizen or permanent resident
  • Over 18 years old

Many lenders also have minimum income requirements that you need to meet before you can qualify.

What states are LoanUp short-term loans available in?

LoanUp offers short-term loans to residents in all states but New York.

What is LoanUp?

LoanUp is a loan connection service that works with short-term and installment loan providers. The lenders in its network offer loans from $100 to $10,000, though how much you can borrow depends on your state and income. Rates and terms vary by lender, and you may also be on the hook for an origination fee of up to 8% of the loan amount depending on who you borrow from.

You can get your funds as fast as the next business day.

What are the benefits of using LoanUp to find a short-term loan?

From its minimal requirements to its wide state availability, here are a few perks of using LoanUp:

  • Minimal requirements. It might be easier to find a loan through this service than going directly to a lender if you’ve struggled to qualify in the past.
  • Licensed lenders. All of LoanUp’s nontribal partners are licensed to lend in the states they work in.
  • Transparent about state laws. LoanUp’s website makes it easy to learn how much your state allows you to borrow based on your income.
  • Available in 49 states. The only state you won’t be able to find a short-term loan through LoanUp in is New York.

What to watch out for

Consider these potential drawbacks before using LoanUp:

  • No customer service number. LoanUp doesn’t publish contact information you can call — or even email — to get in touch with a customer service representative.
  • Bank account required. You’ll need to look elsewhere for a loan without a bank account.
  • Works with tribal lenders. While tribal lenders can work in states that prohibit payday loans, they don’t have to follow state laws and can be more expensive.

Stay away from

Several customers report being contacted by a separate company with a similar name, for a loan they didn’t apply for — a big red flag of a scam. A few others reported other suspicious behavior, such as being asked to buy a Walmart gift card before receiving their loan funds. And several other customers were asked to share their bank account login credentials.

If you receive an unsolicited text claiming to be from LoanUp — or any other company offering a loan you didn’t apply for — don’t respond.

Compare other short-term loan providers

Name Product Filter Values Loan amount Turnaround time Requirements
OppLoans Installment Loans
$500 to $5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
$1,000 to $25,000
2 to 3 business days
Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.
No green card? You could still qualify for a personal loan.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 to $2,500
Same business day to 1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.

Compare up to 4 providers

Is it safe to use LoanUp?

Generally, yes. LoanUp uses SSL encryption to protect the information you submit through its website. However, by submitting the online form, you’re consenting to let LoanUp share your information with its network of lenders. While all of its nontribal lenders have state licenses, there’s a chance you’ll get text messages, emails or calls from them even after you’ve received your funds.

LoanUp reviews and complaints

BBB accreditedNo
BBB ratingB-
BBB customer reviews1 out of 5 stars, based on 1 customer reviews
BBB customer complaints1
Trustpilot score1.5 out of 5, based on 106 customer reviews
Customer reviews verified as of16 October 2020
LoanUp gets mostly negative reviews — though it’s possible the reviews aren’t all about Several said they were required to purchase Walmart gift cards before they could receive money in their account — a hallmark of a scam.

But a few positive reviews claim that another is company posing as LoanUp. A few also said they had a positive experience with customer service.

How do I get started?

You can get connected with a lender by filling out a quick form on LoanUp’s website. Follow these steps to get started:

  1. Click the Go to site button on this page.
  2. Enter the amount you want to borrow and click Find My Loan.
  3. Enter your phone number and the last four digits of your Social Security number. Click Continue.
  4. Follow the directions to complete the required fields.
  5. Read the terms and conditions, then check the box agreeing to them. Click Continue.
  6. Continue filling in the required fields with information about yourself, your income and your bank account — clicking Next between steps.
  7. Read the disclosures and authorizations before checking the box agreeing to them. Click Find My Loan.

What documents do I need?

You don’t need any documents to get connected with a lender through LoanUp. However, many lenders require you to provide pay stubs, bank statements and a valid photo ID along with your application.

What happens after I submit the online form?

Once you fill out the form, LoanUp runs your information with its partner lenders — which can take up to five minutes. If it can match you with a loan, you’ll receive an offer. If you like what you see, you can click through to the lender’s website to fill out a full application.

I got connected to a lender through LoanUp. Now what?

Follow the lender’s directions to complete the application and submit any required documents. Depending on the provider, you might have to fill out a prequalification application. From there, you can review your potential rates and terms before submitting your full application. You might be able to receive your funds as soon as the next business day.

If you have any questions or concerns about your repayments, contact your lender — not LoanUp.

Find out how this services compares to other providers with our guide to short-term loans.

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