Universal Credit: Want to be debt free? Get quick loan $1,000 to $50,000

Universal Credit: Want to be debt free? Get quick loan $1,000 to $50,000

Universal Credit quick loan offers a variety of tools and resources to help borrowers build their credit, such as free credit score monitoring and quick recommendations. You can borrow $1,000 to $50,000 with Universal Credit.


  • Quick loan funding
  • Free credit score monitoring, educational tools, and quick recommendations to help you build your credit
  • If you’re using your quick loan to consolidate credit card debt, you might get a lower rate by allowing Universal Credit to pay off the cards directly


  • Rates can be higher than other lenders
  • Origination fees from 4.25% to 8%
  • Not available in Arkansas; Kansas; Maine; South Carolina; Vermont; Washington, D.C.; Wisconsin; or West Virginia

Best for:

  • Borrowers who want to build their credit
  • Quick loan funding

Universal Credit is a lending platform powered by Upgrade, a San Francisco-based quick loan broker. Upgrade, in turn, provides and services quick loans funded through partner banks.

If you’re considering Universal Credit for a quick loan, here’s what you should know first.

Universal Credit interest rates and loan details

Universal Credit offers fixed-rate quick loan from $1,000 to $50,000 with flexible repayment terms. If you’re approved, you could get your loan funds within one business day after clearing any necessary verifications.

Also keep in mind that Universal Credit offers quick loans for bad credit and fair credit — which means you might have an easier time qualifying even if your credit is less than perfect.

Fixed rates from (APR)     –

Quick Loan amount         

$1,000 to $50,000

Min. credit score  


Quick Loan terms 

3 to 5 years8

Time to get Quick funds 

Within one day, once approved9


  • Must be a U.S. citizen or permanent resident
  • Not available in AR, DC, KS, ME, SC, VT, WI, WV


  • Origination fee: 4.25% to 8%
  • Prepayment penalty: None

Quick Loan use      

Debt consolidation, home improvements, auto repairs, weddings, moving, boats, and other quick expenses

Key benefits

  • If applicants opt for a credit card payoff loan, Universal Credit will pay off the cards directly. They might also get a rate discount
  • Free credit score monitoring, educational tools, and quick recommendations to help you build your credit

 Universal Credit quick loan review

Universal Credit quick loans can be used for a wide variety of quick expenses, such as debt consolidation and home improvement.

In addition to a fast application and loan funding process, Universal Credit also provides access to free credit score monitoring, educational tools, and quick recommendations to help you understand and build your credit.

However, keep in mind that Universal Credit loans have origination fees ranging from 4.25% to 8% of the loan amount. This fee is deducted from your loan amount before it’s disbursed to you.

For example: If you wanted to borrow $10,000 to consolidate credit card debt and were charged a 5% origination fee, you’d have to borrow $10,500 to net the $10,000 you need to pay off your cards.

 How to qualify

To get a quick loan through Universal Credit, you must:

  • Be a U.S. citizen or permanent resident
  • Be 18 or older (19 or older in some states)
  • Have a verifiable bank account
  • Have a valid email address
  • Not live in Arkansas; Kansas; Maine; South Carolina; Vermont; Washington, D.C.; Wisconsin; or West Virginia

You’ll also need to meet Universal Credit’s other quick loan requirements, such as its criteria for credit and income.


With Universal Credit, you can choose a term of three or five years. You’ll have a fixed rate and monthly payment, which means you’ll have an exact date for when your loan will be paid off.

You also have the option of signing up for automatic payments. This can be a great way to ensure you won’t miss payments in the future.

Learn More: Quick Loans From Banks: Where to Get Loans

Best for

  • Fast funding
  • Building credit
  • Borrowers with good credit
  • Credit card refinancing
  • Borrowers with strong credit and low debt-to-income ratio
  • Paying off credit card debt

How to take out a quick loan with Universal Credit

To take out a Universal Credit loan, you’ll need to:

  1. Fill out an initial form on the Universal Credit website. You have to provide basic information such as your name, address, and income as well as content to Universal Credit performing a soft credit check.
  2. Pick your loan option. If you’re eligible for preapproval based on the information you provide, you’ll be shown the quick loan options and rates you qualify for. If you see a loan option you like, you can select it.
  3. Fill out the full application. At this point, you’ll need to complete a full application and undergo a hard credit check. You might also have to submit documentation, such as income verification. Your application will then be approved or declined based on your credit, your income, the amount requested, and any other debt you might owe.

Before you take out a quick loan, remember to consider as many lenders as you can to find the right loan for you. Credible makes this easy — you can compare your prequalified rates from Universal Credit and several other vetted lenders in just two minutes.

You can apply for a Unicersal Credit Quick Loan from HERE

To learn more about Unicersal Credit, CLICK HERE

Quick Loan Arena is not a loan agency and we do not give out loan to anybody. We are however a quick loan review blog that seeks to inform and educate individuals and small businesses about instant loan opportunities to help them take informed decisions. We also provide loan advisory services.  Speak with any of our Quick Loan Consultants for more information! Call or Whatsapp +234 (0)803 385 7245.
Do remember to give us a feedback about your quick loan experience after the lending process is executed.

READ ALSO! How I Was Lured Into Debt Trap With N2.5m Specta Quick Loan From Sterling Bank

READ ALSO! EasyMoni: Stop Sending Threats To Customers’ Contact List: Do Your Homework If You’re Real!

READ ALSO! How some quick loan platforms are exploiting the poor

READ ALSO! GTB Quick Credit: N500,000 – 5 Million Quick Loan Offer With 1.5% Interest

READ ALSO! Can Prosper Quick Loan Make You Prosper? Check It Out!

READ ALSO! 5 sure ways to spot quick loan scams

READ ALSO! BBNaija Dorathy Launches Lingerie Line, Says Priority Is Making Busty Women Look Good

READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds

READ ALSO! Skytrend Loans Series: Getting quick loans from Page Financials

Please follow and like us:

You May Also Like

About the Author: Susan Adeyemi


  1. 276861 44704Admiring the time and energy you put into your blog and in depth data you offer. It is excellent to come across a blog every once in a even though that isnt exactly the same old rehashed material. Fantastic read! Ive bookmarked your website and Im adding your RSS feeds to my Google account. 873027

  2. 81163 705564This design is steller! You naturally know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own weblog (well, almostHaHa!) Great job. I genuinely enjoyed what you had to say, and more than that, how you presented it. Too cool! 260521

  3. 793814 164044I dont normally have a look at these kinds of web sites (Im a pretty shy person) – but even though I was a bit shocked as I was reading, I was surely a bit excited as nicely. Thanks for giving me a big smile for the day 570972

Leave a Reply

Your email address will not be published.