How it Works

What Are Personal Loans?

A personal loan is simply an installment loan, which is repaid over an extended period of time with a set number of scheduled payments. Loan amounts typically range between $500 to $10,000 depending on the lender and state.

Our Process

Our goal at Liftup Capital (“we”) is to help get you a personal loan offer that can meet your needs. To do this, we have made the process of receiving loan offers fast and easy from start to finish. The first step is to fill out a brief loan request form here on our website, which can take just a few minutes. As long as you meet the basic borrower eligibility requirements, you can submit your request for a personal loan. Once you submit a request with us, we then pass your information to our large network of lenders and to other third-party networks of lenders that we work with so that lenders can review your information and choose whether to offer you a loan. Once we get a list of offers, we will be in touch with you via the contact information you provided to show you the details of your offer(s). If you accept an offer, then you may need to provide additional information to the lender before you can receive your loan. If we can’t find a loan offer for you, we may pass some limited information about you to marketing partners* so you can receive offers for credit repair, debt relief or similar services.

Eligibility Requirements

The requirements that a prospective borrower must meet to be able to request a personal loan are simple and few in number. They include the following:
  • - Be at least 18 years old
  • - Be a U.S. citizen or permanent resident
  • - Be employed for at least 90 days and meet your Lender’s income minimum specific requirements
  • - Have a checking account in your name
  • - Be able to provide work and home phone numbers, as well as a valid email address

Please note that meeting these requirements does not mean that you will be connected with a lender. After you submit your loan request, we show your information to the lenders and lending partners* in our network so they can choose whether to offer you a loan.

Loan Terms, Disbursement and Repayment

If a lender makes you a loan offer, you will have an opportunity to review the offer before deciding to accept it. The method, frequency and exact terms of receiving your loan and repaying it can differ by state and lender, so it is your responsibility to review those terms before accepting any loan conditions. If you accept a loan offer, your lender will present you with the exact fees and interest rate of your loan prior to you formally accepting their offer. Liftup Capital is not a lender and cannot predict the exact fees and interest that will be attached to the loan offer presented to you. You are not under any obligation whatsoever to accept the terms that the lender presents to you. If you find yourself unable to follow the repayment schedule after accepting a loan, make sure to contact the lender ahead of time so you can inquire about an extension. Many lenders may offer extensions so individuals don’t risk damaging their credit because of non-repayment.

Data Safety and Security

LiftUp Capital uses industry standard encryption technology to protect your information, so that you may request a loan with peace of mind safely from your home or anywhere else.

APR Explanation

The Annual Percentage Rate (APR) is the annual rate charged for borrowing and is expressed as a percentage that represents the actual yearly cost of funds over the term of the loan. As loans can vary in terms of interest-rate structure, transaction fees, late penalties and other factors, a standardized computation such as the APR provides borrowers with a bottom-line number they can easily compare to rates charged by other lenders. LiftUp Capital is not able to supply you with the exact APR that you will be charged by your lender. APRs can vary based on the information that you supply in your loan request as well as the information that your lender supplies. Your lender will provide you with details on the APR, loan finance charges and other terms after they offer you a loan and before you decide whether to accept their offer.

Non-Payment Implications and Collection Practices

When you accept the terms and conditions for a particular loan offer, you are agreeing to pay back the loan principal and finance charges in the amount of time specified in the documents that your lender supplies. Additional charges or fees may apply in the event that you are not able to repay your loan in full or make a late payment. Liftup Capital cannot predict the amount of the charges or fees that you will incur as a result of partial payment, late payment or nonpayment. Please refer to the partial payment, late payment and nonpayment policies detailed in the loan documents that your lender provides you with. If you do not repay your loan on time your lender may report this delinquency to one or more credit reporting agencies, which could have a negative impact on your credit score. Liftup Capital encourages consumers with credit problems to consult a credit counseling company. Your lender will disclose their collection practices to you in their loan documents. If you are not sure of the collection practices used by a specific lender we recommend that you discuss this issue with the lender directly. All lenders and debt collectors are required under federal law to engage in fair debt collection practices.

Loan Renewal

Loan renewal policies are largely governed by state regulatory laws. Loan renewal options will be presented to you by your lender prior to your acceptance of their loan offer. Please be sure to carefully read the renewal policy presented to you before you sign the loan documents.

Who will see my information?

We show all the information you submit to the lenders in our direct network that have expressed an interest in making loans to consumers like you. If none of them want to pay us to be connected with you, we send all of your information to our extended network of non-lender third-party lender networks so they can try to find a lender in their network that is willing to pay us to be connected with you. All of the parties described above, and, in many cases, their service providers, will see all of your information to try to find or make you a loan. After we try to connect you with a lender, we may show you other ads. If you click these ads, we may share your contact info with these advertisers so they can contact you about their products or services which may include offers for lenders and/or other credit-related products or services like debt relief, credit repair, credit monitoring. We may also send you additional marketing communications. If so, the service providers we use for this marketing may see your contact information to facilitate this additional marketing to you.

*Our Partners:

  • JGW Debt Settlement, LLC
  • JKB Financial Inc dba Level Debt
  • Simplicity Solutions
  • Century Support Services LLC
  • Debt Advisors of America
  • Century Consulting Services LLC
  • Nationwide Financial Group
  • Pacific Debt Relief
  • National Debt Relief
  • First Choice Debt Relief
  • New Haven Funding
  • Clarity Debt Resolution
  • Upside Legal LLC