Childcare Loans
Quality child care for your children shouldn’t depend on your credit history. When daycare costs are stretching your budget, or you need help with after-school programs, get the childcare financing that keeps your family running smoothly.
Get a decision in 3 minutes
Cover any childcare expenses
Applications open 24/7
No upfront fees or costs
Representative Example: $1,000 loan over a 12-month term would have a total cost, including interest, a total payback amount of $1,134.72. APR 29.82%. Rates between 5.99% APR and 35.99% APR for qualified customers2. Loan term lengths from 3 to 36 months for qualified consumers.
Why Choose Yup Loans for Childcare Loans
Fast Approval Process
Complete our straightforward application and connect with lenders who understand that childcare costs can’t wait. Our streamlined process takes about 3 minutes¹, so you can get back to what matters most – your family.
Quick Access to Funds
Once approved, you could receive money for your childcare expenses as soon as the next business day*. Whether it’s covering this month’s daycare fees or enrolling your child in a new program, we help you manage costs without disruption.
Childcare Financing for All Credit Types
Our lending partners understand that raising kids is expensive and credit challenges happen to good parents. Many specialize in helping families who’ve been turned down elsewhere get the funds they need³.
How Child Care Loans Work
Childcare loans are personal loans designed to help parents cover the costs of daycare, preschool, and after-school programs when monthly expenses exceed your budget. Families in the US will spend between 8.9% and 16.0% of their median income on full-day care for just one child, and if there’s another unexpected expense, this can be hard to pay for.
When you apply through Yup Loans, we’ll quickly connect you with lenders who understand that quality childcare is essential for working families, not an optional expense³. The application process is completely online and designed for busy parents, and after submitting your info through our secure platform, we’ll instantly match you with direct lenders who specialize in family financing.
If approved, you’ll receive offers with clear terms showing interest rates, payment schedules, and total costs. You’re never obligated to accept an offer that doesn’t work for your family budget.
Once you accept an offer, funds are deposited directly into your checking account as soon as the next business day*. You can then pay your childcare provider directly or use the funds for any related expenses.
You repay through scheduled installments over the agreed term, making it easier to budget alongside your other household expenses. Unlike credit cards with changing rates, these typically offer fixed payments, so you know exactly what you’ll pay each month⁴.
Get a Daycare Loan in 3 Easy Steps
1
Quick Application
Fill out our simple online form in minutes to connect with lenders.
2
Review Your Offer
Check the terms from our matched lender and decide if it fits your family budget.
3
Get Your Funds
Once approved, money can be deposited directly into your account as soon as the next business day*.
You Can Use Childcare Loans For…
Raising children comes with countless expenses, and childcare costs can strain even the most carefully planned budgets. Our lending partners provide financing that can cover virtually any childcare-related expense, including:
- Daycare and nursery fees
- Preschool and pre-kindergarten programs
- After-school care and supervision
- Summer camps and holiday programs
- Nanny or au pair services
- Babysitting and childminder costs
- Before-school care and breakfast clubs
- Registration fees and deposits
- School supplies, equipment and materials
- Educational toys and learning resources
- Transportation to and from childcare
- Late pickup fees and emergency care
- Backup childcare when regular arrangements fall through
Reviews
Maria T., Phoenix, AZ⁵: “I got offered a really good job, but I had to start in two weeks and needed daycare for my daughter right away. The place we liked wanted almost three grand upfront for first month, last month, plus the deposit. After my divorce my credit was pretty bad, so I didn’t think I had many options. I found Yup Loans and honestly wasn’t expecting much, but they got me connected with someone straight away. I had the money in my account two days later.”
James R., Charlotte, NC⁵: “Our babysitter quit with basically no notice and we were scrambling to find something. We found a preschool that was actually a better fit for our son anyway, but they needed the month paid upfront before she could start. We’d had some credit issues in the past so regular bank loans were out of the question. I got approved faster than I expected and my daughter started the next week.”
Personal Loans for Day Care Fees FAQs
What credit score do I need for childcare financing?
There’s no minimum credit score requirement through our network³. Our lending partners focus on your current financial situation and ability to repay, not just your credit score. A lot of parents with credit challenges, including those with past financial difficulties or limited credit history, have successfully got childcare financing through us.
How quickly can I get funds for childcare expenses?
Once approved, you could receive money for your childcare costs as soon as the next business day*. Our streamlined application process takes about 3 minutes to complete¹, and you’ll get a lending decision quickly so you can secure your child’s spot in their program without delay.
Will a childcare loan affect my credit score?
This financing can affect your credit score both positively and negatively. Making your payments on time can help improve your score over time, while missed or late payments will hurt it. Our lenders can perform credit checks during the application process, and the financing will appear on your credit report once approved, so it’s important to only borrow what you can comfortably repay alongside your other expenses.
Can I use the loan for multiple children’s childcare costs?
The loan funds can be used to cover any childcare expenses you need, even if it’s for one child or multiple children. Many parents use childcare financing to manage costs for siblings in different programs, cover various types of care throughout the week, or pay for both regular daycare and occasional backup care.
Getting a Childcare Loan is Child’s Play!
Don’t let budget constraints keep your children from quality care and learning opportunities. Your family’s needs are too important to wait. Our quick application takes just minutes to complete¹, and you’ll get a decision faster than scheduling a daycare tour*.