LendUp Review
Payday Loans from $100 to $500
Fast approval • Secure application • No commitment
LendUp at a Glance
About LendUp
LendUp (LendUp Inc) is a direct lender specializing in payday loans for American borrowers. With a 7.8/10 customer rating and 33% approval rate, LendUp has established itself as a trusted option in the online lending space.
As a direct lender, LendUp uses its own capital to fund loans, allowing for faster approval decisions and more flexible lending criteria. This means you work directly with the lender from application to repayment, with no middlemen involved.
Example Loan Cost
Representative example of a typical LendUp loan:
*This is a representative example only. Your actual APR and costs will depend on your credit profile, loan amount, and state regulations. Always review your loan agreement before accepting.
Pros & Cons of LendUp
Advantages
- ✓ High approval rate (33%)
- ✓ Fast funding (1 hour)
- ✓ Accepts first-time borrowers
- ✓ Direct lender (no middlemen)
Disadvantages
- ✗ High APR (200% - 350%)
- ✗ Short repayment terms (7 days typical)
- ✗ Income verification required
- ✗ Limited loan amounts (max $500)
- ✗ Expensive if not repaid quickly
How to Apply for a LendUp Loan
Start Your Application
Visit LendUp's website or use our comparison tool to submit your application. You'll need basic personal information, employment details, and bank account information.
Get Approved
LendUp will review your application and make a lending decision within 1 hour. You'll receive notification via email or SMS.
Review & Accept
Carefully review the loan terms, including APR, fees, repayment schedule, and total cost. Only accept if you understand and agree to all terms.
Receive Funds
Once you accept the loan, LendUp will deposit funds directly into your bank account. Funds typically arrive within 1 to 2 hours.
Frequently Asked Questions
How do I apply for a loan with LendUp?
You can apply for a LendUp loan online through their website or by using our comparison tool. The application typically takes 5-10 minutes and requires basic personal information, proof of income, and a valid bank account.
What are the requirements for LendUp?
To qualify, you must be at least 18 years old, have a regular source of income, and maintain an active bank account. First-time borrowers are welcome. Proof of income is required.
How fast can I get money from LendUp?
LendUp typically approves loans within 1 hour of submitting a complete application. Funds are usually deposited into your bank account within 1 to 2 hours after approval.
What is the APR range for LendUp loans?
LendUp charges APRs ranging from 200% to 350%. Your actual rate depends on your credit profile, loan amount, and repayment term. Always check the loan agreement for your specific APR before accepting.
Can I get a loan from LendUp with bad credit?
Yes, LendUp considers applicants with bad credit or no credit history. They focus on income and ability to repay rather than credit scores alone.
Is LendUp a direct lender or broker?
LendUp is a direct lender, meaning they fund loans with their own capital and make lending decisions directly.
What fees does LendUp charge?
LendUp charges interest based on their APR range (200% - 350%) plus any applicable origination or service fees. For example, a $1000 loan for 7 days would cost approximately $38.36 in interest. Always review the loan agreement for complete fee details.
What states does LendUp operate in?
LendUp operates nationwide across the United States, subject to state regulations. Availability and loan terms may vary by state. Check their website to confirm service in your specific state.
Alternatives to LendUp
While LendUp is a solid choice, you may also want to consider these alternatives:
- → Credit Union Payday Alternative Loans (PALs) – Lower APRs (28% max) but slower approval
- → Installment Loans – Longer terms (6-24 months) with smaller monthly payments
- → Cash Advance Apps – $50-$250 advances with low/no fees (Earnin, Dave, Brigit)
- → Compare Other Lenders – See all 30 lenders in our network
Ready to Apply with LendUp?
Get started in minutes. Fast approval, secure application, no commitment.
Apply Now at LendUp →⚠️ Important Disclosure
High-Cost Loan Warning: LendUp loans have APRs ranging from 200% to 350%, which is significantly higher than traditional bank loans. These loans are intended for short-term financial needs only and can be expensive if not repaid quickly.
Responsible Borrowing: Only borrow what you can afford to repay on time. Late or missed payments can result in additional fees, collection actions, and damage to your credit score.
Editorial Independence: Credizen.net is a comparison service. We may earn a commission when you click on lender links or apply for a loan through our platform. All reviews and ratings are based on publicly available data and user feedback. LendUp has not influenced this review.
Emergency Financial Help
If you're experiencing financial difficulties, contact your local financial counseling service.
- South Africa: National Credit Regulator - 0860 627 627
- Romania: ANPC - 0213142200
- Colombia: Superintendencia Financiera - (571) 594 2222
- Poland: KNF - 22 262 5000