When does interest start to accrue? Dane August 03, 2018 16:35 Updated Follow Interest begins to accrue the day your loan originates. Related articles Are there any penalties for paying my loan off early? What kind of travel can I buy with UpLift Pay Monthly? Which forms of payment can be used to make loan payments? Can I apply before booking a trip, or do I need to book the trip first? Can I change my payment due date? Comments 0 comments Please sign in to leave a comment.