Is Upstart a legitimate loan provider?

Upstart is indeed a legitimate loan provider. It operates as a lending platform that utilizes artificial intelligence to offer personal loans, primarily to individuals with limited credit history but other potentially positive indicators of creditworthiness. Upstart's approach differs from traditional banks, as it uses non-conventional variables such as employment history and education in its credit decision process. This model aims to provide more accurate risk assessment and easier loan accessibility. Furthermore, Upstart is registered to do business in various states across the U.S., partners with banks and credit unions to issue loans, and is compliant with the federal laws regulating consumer loans. It has also been recognized by various financial industry analysts and publications for its innovation in the lending space.