All Upstart loans offer a fixed rate, but individual rates are determined based on each person's education, credentials, work experience, and credit history. 

Your interest rate is the daily cost of the loan. This is based on the agreed upon annual interest rate that was provided to you upon agreeing to your loan's terms.  

The annual percentage rate (APR) is a combination of your origination fee and the total expected accrued interest over the life of the loan expressed as a percentage.