* This type of loan within the Upstart platform is a short term loan with no interest and an origination fee that makes up the APR calculation. Representative example of payment terms for this type of loan is as follows: a borrower receives a loan of $1,000 for a term of 12 months, and an origination fee of $205, for an APR of 35.95%. In this example, the borrower will receive $1000 and will make 12 monthly payments of $100.44