Life happens, we get it. Because repayments are directly tied to your income they always stays manageable. If you become unemployed your payments stop until you find another job.
Simply put, ISAs are much more forgiving than typical student loans. Students with little or no credit history are also eligible for our ISAs. We care about your future, not your past.
The US education system overburdens students with billions in loans each year, and compound interest makes it worse.
Traditional loans come with strict payment terms, high interest rates, and harsh penalties for missed payments.
Traditional loans can go on and on, and many student loans can even follow you through bankruptcy.
If school doesn't work out, we don't want you to worry about paying us back. Payments adjust with your income to stay affordable.
When you do land your dream job, we don't want to take all your earnings. ISAs have a hard cap, after which we consider you square.
Unlike a loan, ISAs don't go on forever. Once it expires, your payments are over, even if you’ve paid back less than you borrowed.
You don’t need a credit score, co-signer, or collateral to apply. TradeUp invests in your future potential, not your past history.
Sometimes, life happens - we understand. If you have an emergency or get laid off, payments are paused. No fees or penalties.
ISAs have no principal and no interest. There is no minimum amount either: you may even pay back less you initially borrowed.