After your application is approved, Upstart will work to pay off your prior lien holder, transfer your title, and “perfect” our lien. What does all of this mean? 

Upstart will pay off your existing loan and work to release the current lien on your vehicle’s title. You may be contacted via phone or email during this process if documentation or information is required for these steps to be completed. Subsequently, Upstart will work with your state’s Department of Motor Vehicles to ensure all state required documents are completed accurately and submitted on your behalf to record the new lien on your vehicle’s title. Upstart will also communicate with your vehicle insurance provider to obtain proof of lienholder status on your policy. 

We may reach out to approved applicants to request additional documents after the application has been submitted.