Updated September 30, 2026 · BorrowCue Editorial Team
Prestame vs Upgrade
Prestame vs Upgrade: the differences
| Compare |  Prestame |  Upgrade |
|---|---|---|
| Loan amount | €250 to €5,000 | $1,000 to $50,000 |
| Arrangement fee | 0 EUR (comparison service is free) | 1.85%-9.99% one-time origination fee, deducted from loan proceeds |
| Funding time | Same day, partners usually answer within minutes | Within 1 business day of clearing verifications |
| Lender type | Broker | Direct lender |
| Loan types | Personal, Debt consolidation | Personal, Debt consolidation, Secured, CarCovers more |
| APR | Not confirmed | 7.74% to 35.99% |
| Term | Not confirmed | 24 to 84 months |
| Credit check | Not confirmed | Soft prequal |
| Representative example | Not confirmed | $10,000 unsecured personal loan, 36-month term, 17.59% APR including 13.94% yearly interest rate and 5% one-time origination fee; $9,500 received, $341.48 monthly payment, $12,293.46 total |
| Rate type | Not confirmed | Fixed |
| Free early repayment | Not confirmed | Yes |
| Eligibility | Not confirmed | Be a U.S. citizen, a permanent resident, or living in the U.S. on a valid visa; be at least 18 years old (or older where the majority age is higher); provide verifiable bank account information and a valid email address |
| Origination fee (%) | Not confirmed | 1.85% to 9.99% |
| Use cases | Not confirmed | Home improvement |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Upgrade scores higher overall: 9.2 vs 8.4.
- Support channels: only Upgrade offers Phone, Help centre.
- Features: only Upgrade offers Credit line.
- Loan types: only Upgrade offers Secured, Car.
Our verdict on each
Prestame
Prestame is a euro comparison broker that sends your details to partner lenders, so it suits borrowers who want several offers checked at once instead of applying to a single lender directly. The comparison service itself costs 0 EUR (comparison service is free), and the loans it places cover €250 to €5,000 with same-day funding.
Upgrade
Upgrade lends directly through Upgrade, Inc. and suits US borrowers who want a fixed rate personal loan, debt consolidation or car finance with fast payout. Amounts run $1,000 to $50,000 over terms of 24 to 84 at a fixed rate, so the monthly figure is set at the start.
Score breakdown
| Area | Prestame | Upgrade |
|---|---|---|
| Cost | Not confirmed | 9.0 |
| Offer | 8.4Broker placement with personal and debt consolidation and Same day, partners usually answer within minutes, on amounts of €250 to €5,000. | 9.3HigherAmounts of $1,000 to $50,000 over terms of 24 to 84 at a fixed rate, fee taken from the payout. |
| Trust | 8.3 | 9.2Higher |
What each covers
| Loan types | Prestame | Upgrade |
|---|---|---|
| Personal | Yes | Yes |
| Debt consolidation | Yes | Yes |
| Secured | No | Yes |
| Car | No | Yes |
Where they rank in our lists
| Ranking | Prestame | Upgrade |
|---|---|---|
| Personal loans | 63 of 1920 | 91 of 1920 |
| Debt consolidation loans | 24 of 425 | 34 of 425 |
Every fact side by side
| Fact | Prestame | Upgrade |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Same day funding | Same day funding, Credit lineCovers more |
| Legal entity | Not confirmed | Upgrade, Inc. |
| Headquarters | Not confirmed | United States |
| Support channels | Email, Phone, Help centreCovers more |
Where each stands against the rest
| Fact | Prestame | Upgrade | Median |
|---|---|---|---|
| APR | Not confirmed | 7.74% to 35.99%below the median | 8.99 |
| Term | Not confirmed | 24 to 84 monthsabove the median | 60 |
| Origination fee (%) | Not confirmed | 1.85% to 9.99%above the median | 0.25 |
Median across 1152 listed lenders.
Pros and cons
Prestame
Pros
- Nothing is paid to the broker for the comparison step, which is 0 EUR (comparison service is free).
- Funding is quick, Same day, partners usually answer within minutes.
- Both personal loans and debt consolidation are covered under personal and debt consolidation.
Cons
- Support runs on email only, so there is no phone or chat desk.
- Prestame is a broker and not the lender, so the rate and the term belong to whichever partner answers.
- The overall score is 3.3 with an offer part of 3.3, so the offer itself is the weak point.
Upgrade
Pros
- Borrowing is priced at a fixed rate, so the monthly payment holds for the life of the loan
- Amounts of $1,000 to $50,000 cover consolidation, car and home improvement plans as listed in personal, debt consolidation and secured
- Free early repayment lets you clear the balance ahead of schedule without a charge
Cons
- The arrangement fee of 1.85% to 9.99% is deducted from the payout, so a loan can arrive smaller than the amount approved
- The top of 7.74% to 35.99% is well above the site median of 12%, so a thin credit file lands at the expensive end
- Eligibility is limited to US citizens, permanent residents or people in the US on a valid visa who can provide verifiable bank details
Who each suits
Prestame
Who it suits
- Borrowers after a personal loan or a debt consolidation, since personal and debt consolidation covers both.
- Anyone who needs a small sum quickly, with amounts of €250 to €5,000 and Same day, partners usually answer within minutes.
- Readers happy to complete a form and wait for a partner to reply, since Prestame is a broker.
Who should look elsewhere
- Borrowers who need more than €250 to €5,000, where Monzo Flex covers amounts of £10,000 to £35,000.
- Readers after a bigger loan book, since Cashspace ES starts lower at €100 to €5,000 in the same euro market.
- Anyone who wants to borrow in pesos rather than euros, since Cashspace offers amounts of PHP 500 to PHP 25,000 in pesos.
Upgrade
Who it suits
- US residents who want a fixed rate held across the whole term, as fixed shows
- Borrowers consolidating several balances into a single monthly payment
- Car buyers and home improvement planners, the two uses named in home improvement and personal, debt consolidation and secured
Who should look elsewhere
- Borrowers outside the US, since US is where the lender is based and licences are US only
- Anyone wanting a firm rate before a full application, given soft prequal is a soft prequal step
- People who want a fee paid after the fact, because the arrangement fee is taken from the amount borrowed
Country by country
| Country | Prestame | Upgrade |
|---|---|---|
| Spain | Yes | No |
| United States | No | Yes |
Questions about each
Prestame
Is Prestame a lender or a broker?+
Prestame is a broker: it passes your details to partner lenders and one of them decides whether to approve you. The rate, the term and the fees come from the partner who answers rather than from Prestame, so read the terms you are handed before you sign.
What does Prestame charge for checking offers?+
The comparison service is 0 EUR (comparison service is free), so asking for offers costs nothing through Prestame. Any charge that ends up inside your agreement comes from the partner lender, which is the number to look at once a partner responds to you.
Upgrade
What rate will I pay on an Upgrade personal loan?+
Pricing runs across 7.74% to 35.99% and is set at a fixed rate, so the monthly amount does not move once the loan starts. The top of that range is well above the site median of 12%, so your credit profile decides where you land.
Is there a fee for taking out an Upgrade loan?+
Yes, an arrangement fee of 1.85% to 9.99% applies to the loan. It is taken from the loan proceeds rather than added to your opening payment, which means the amount that reaches your account is smaller than the amount approved.
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