Upstart Holdings Inc. (UPST) has launched Cash Line, a new credit product designed to offer a more reliable and less predatory alternative to existing short-term credit options. This product guarantees a minimum of $200 and offers up to $5,000 in credit without extra fees for expedited access, and includes a “Rest Mode” for repayment control. The launch follows Goldman Sachs upgrading Upstart to Neutral, citing a more balanced risk-reward profile for the AI lending marketplace.
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Upstart Holdings Inc. (UPST) Counters Unreliable and Predatory Credit Lines with Cash Line
Upstart Holdings Inc. (UPST) has launched Cash Line, a new credit product designed to offer a more reliable and less predatory alternative to existing short-term credit options. This product guarantees a minimum of $200 and offers up to $5,000 in credit without extra fees for expedited access, and includes a “Rest Mode” for repayment control. The launch follows Goldman Sachs upgrading Upstart to Neutral, citing a more balanced risk-reward profile for the AI lending marketplace.