Introducing Personal Credit Line

Flexible credit that fits your needs

  • Total line up to $50,000*
  • Use as much as you need, when you need it**
  • No origination fee
  • Low fixed rates for each advance
  • Affordable monthly payments
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How it Works

With your Personal Credit Line you get choice and flexibility

  1. Open your credit line

    Apply online and get a total credit line up to $50,000. This credit line is yours to use – use the amount you need, when you need it.**

  2. Pick your amount

    Select the amount you want from your credit line. You can do this as often as you want, up to your available credit.**

  3. Choose the payment plan

    Pick the loan length and your fixed rate from available options so you know your monthly payment and when it’ll be paid back.

  4. Funds sent directly to you

    Get your funds sent straight to your bank account. You can easily request an advance for the amount you need as you need it.

See How Easy It Is to Access Your Line

Here's How Personal Credit Line Stacks Up

Upgrade Personal Credit Line Upgrade Personal Loan Typical Credit Cards

Low rates

Yes Yes

Fixed rate for each advance

Yes Yes

Know your pay-off date for each advance

Yes Yes

Equal monthly payments for each advance

Yes Yes

Select rate and loan length for each advance


No origination fee

Yes Yes

Pay interest only when you use it

Yes Yes

Ongoing credit availability
(Personal Credit Line advances subject to underwriting)

Yes Yes

We’re Here to Help

  • Why use an Upgrade Personal Credit Line instead of a credit card?

    With a Personal Credit Line you can budget for predictable monthly payments when you access your line. You will be paying down your balance at a fixed rate over a payback period you can set when you request an advance. In contrast, borrowing with credit cards is open-ended with no set pay-off date, can come with variable rates that can increase, and can come with higher fees.

  • Why choose a Personal Credit Line instead of a home equity line of credit or HELOC?

    With a Personal Credit Line from Upgrade, you don’t have to use your home as collateral or spend a lot of time going through the lengthy application, appraisal and approval process. Plus, there’s no origination fee, no fee to open the line and no fee for advances. With a home equity loan or HELOC, you can use the value of your home as collateral to get a lower rate, but that means you have to first go through the process of getting an updated home appraisal and complete more documentation to know how much you qualify for. Additionally, using the equity in your home can work against you if your property values decline. HELOC rates may be adjustable, which means your HELOC payments may increase after you use the line. In contrast, your Upgrade Personal Credit Line balance comes with a fixed rate and fixed monthly payments.

  • How are the rates fixed on a personal line of credit?

    Each time you access money from your line you will be offered a set of fixed rate and loan length combinations that you can choose from. Since the rates are fixed for each time you use money from your line, you’ll know how much you need to budget each month and can circle the date and when the amount you borrowed will be paid off.

  • How do I decide my loan pay-off period?

    Each time you borrow from your line you can choose from different repayment periods which can include 12, 24, 36, 48, and 60-month options based on your requested amount. Choose the rates and loan lengths that meet your schedule. A shorter period allows you to pay it off quicker and also obtain a lower rate. If you are aiming to obtain the lowest monthly payment, you may want to choose a longer loan length.

  • How do I pay back the money I borrow?

    You’ll receive a monthly statement that will combine the payments for all of your advances into one tidy payment. Keep track of when each advance is paid off from your personal online dashboard. As you repay your balance, your available credit may be replenished by the amount repaid, up to the limit of your line.

(855) 997-3100 Monday - Friday, 6am - 6pm, Pacific Time