Company Profile Summary. Venmo, a subsidiary of Paypal (eBay), is a company that provides person-to-person payment services using its smartphone application. Venmo was founded by Andrew Kortina and Iqram Magdon-Ismailin in 2009 and maintains headquarters in San Francisco, CA.
What are the minimum credit requirements to receive a loan? Borrowers on Upstart must have a minimum FICO score of 620 as reported by a consumer reporting agency. Note, we do accept applicants with insufficient credit history to produce a FICO score. In addition, there cannot be any material adverse change in your credit report from the time the loan was offered to you and your funding.
A high score shows lenders that you are more likely to pay the loan back. A poor credit score is a big red flag to almost all lenders. What Kind of Score You Need. To get âconventionalâ rates on auto loans, an individual usually needs a credit score above 660. Anything less, and lenders will start to look at your loan application with a bit of skepticism.