To apply for a loan through LendUp, visit the LendUp homepage, use the sliders to choose the amount and length of the loan, then click Get Your Money Now, as LendUp.com indicates. On the page that appears, enter an email address and choose a password to create a LendUp account.
LendUp provides loans to people who need rapid access to credit, states LendUp.com. People who pay their loans back on time and take free credit education courses with LendUp move up the LendUp ladder, which allows them to access cheaper credit in future.
After registering with LendUp, potential borrowers receive an email titled "Welcome to LendUp." This email contains a verification code that borrowers need to enter on the LendUp site to confirm their email address. Borrowers also receive a phone call that provides a similar code, which they can use to verify their phone number, according to LendUp.com.
After going through the verification process, borrowers can apply for a loan through their LendUp dashboard, as LendUp.com notes. If LendUp approves the application, it deposits the money in the borrower's bank account at 5 p.m. PST. Eligible borrowers can instead choose to receive an instant deposit, which means they receive the money via their debit card within two hours of approval.