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This range is small mostly because the company serves so few states. LendUp doesnt operate in many of the states with especially strict payday loan regulations, but it doesnt appear to take advantage of states with lax regulations.
LendUp offers smaller loans than other lenders, with a maximum amount of 500. If you need a loan for a costly emergency expense, you may be better off using another lender. Loan terms range from 14 to 30 days. In addition to loans, LendUp offers resources cc cash loans bethlehem tools to improve financial health in the form of the LendUp Ladder.
This gives you points for each loan you successfully pay off cc cash loans bethlehem for taking any of the financial courses it offers.
As you move up the ladder, you get better rates and higher loan amounts, and at certain levels, your loans are reported to the credit bureaus. Like most payday lenders, LendUp doesnt typically report to the credit bureaus, and getting loans that are reported can help you build your credit, giving you access to lower interest rate loans through banks.
LendUp has also begun offering credit cards with a similar goal of helping borrowers with bad credit improve their scores.