Prosper

https://www.prosper.com/
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Why Prosper?

What People Are Saying about Prosper

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  • Check your rate today - It won't affect your credit score
  • Loan amounts: Borrow between 2,000 $ - 35,000 $ fast and easy!
  • Loan period: Choose to pay back the loan between 3 Years - 5 Years
Apply for loan at Prosper »

Briefly about Prosper

Today, peer-to-peer lending is becoming more popular than applying for a loan at your local bank. Prosper is the perfect example of this, as it is able to offer low rates because it isn’t an actual bank. There is no need for branches scattered around the country or the world because everything the potential borrower needs is in one place online.

Prosper’s motto is to “Make Loans Simple” by offering low-interest rates, fixed terms for three or five years, a single monthly payment, no hidden fees, and no prepayment penalties. You’ll find that low overhead has much to do with why the company can offer rates that are 5 percent better than those on its credit cards.

Prosper offers loans to borrowers in all states except Maina, Iowa, North Dakota, and Pennsylvania.

Applying for a Prosper Loan

The low cost can make applying for a Prosper.com loan attractive. The fixed rates are attractive, as well, since you’d never need to worry about payments increasing over time, even if the payment is late.

Once you consider this Prosper review and do research of your own, you can apply for a loan by doing the following:

  1. Use the online interest rate checker. The form asks a few questions, such as contact information and salary, so that the lowest eligible rate can be determined in minutes. The credit check that is performed is a soft check that doesn’t harm your credit score.
  2. Once presented with a rate and approval for a loan, choose from the loan amounts presented to you at either a 3- or 5-year term.
  3. Provide details so Prosper can verify your identity. 2048-bit encryption protects the personal information you share.
  4. Once the process is completed, the funds from the loan will be deposited into your bank account within 48 hours.

The funds are made possible because of investors that invest in personal loans. Investors should review Prosper thoroughly to determine if the estimated 6.84% return is ideal and if Prosper will add to the diversity of their investment portfolio.

Prosper offers personal loans from $2000 to $35,000 with an interest rate starting from 5,99 %.

Origination fee for the loans is from 1 – 5 % of the loan amount.

Prosper Loans Have Many Uses

Prosper loans can be used for all types of purposes, including:

  • Debt consolidation
  • Home improvement
  • Adoption
  • Auto and vehicle
  • Small business
  • Special occasion

These loans are funded by investors all around the world that receive a return as the loans are paid back by the borrowers. That’s the premise of peer-to-peer lending, which is why it works so well.

If you’re looking for a relatively fast and easy loan with a low rate, Prosper could be a good option.

Borrow money from Prosper »

Lender specifications

Loan requirements & info

No bad credit history

Be of age 18 or older

Declare at least 70000 kr yearly

Credit check company: TransUnion

Payout information

Quick payout to the following banks:

Unknown

Payout during weekends: Not possible

Payout hours: Depending on your bank, it may take 1-3 business days to receive funds in your bank account

E-identification: Not used

Opening hours

Monday - friday: 8am – 9pm (ET)

Saturday: 9am – 5:30pm (ET)

Sunday: closed

Contact Information

Company name: Prosper is operated by Prosper Funding LLC

Telephone: 1-(866) 615-6319

Email: support@prosper.com

Address: 221 Main Street, Suite 300, San Francisco, CA 94105

Lend 2,000 $ - 35,000 $ at Prosper

Loan amount
Loan period
Interest
Monthly payback
Total cost
2,000 $
All
3 Years
5.99 %
61.39 $
210.05 $
2,000 $
All
5 Years
5.99 %
39.66 $
379.38 $
2,500 $
All
5 Years
5.99 %
49.57 $
474.22 $
2,500 $
All
3 Years
5.99 %
76.74 $
262.57 $
3,000 $
All
5 Years
5.99 %
59.48 $
569.07 $
3,000 $
All
3 Years
5.99 %
92.09 $
315.08 $
4,000 $
All
5 Years
5.99 %
79.31 $
758.76 $
4,000 $
All
3 Years
5.99 %
122.78 $
420.11 $
4,000 $
All
3 Years
5.99 %
122.78 $
420.11 $
4,000 $
All
5 Years
5.99 %
79.31 $
758.76 $
5,000 $
All
5 Years
5.99 %
99.14 $
948.45 $
5,000 $
All
3 Years
5.99 %
153.48 $
525.13 $
6,000 $
All
5 Years
5.99 %
118.97 $
1,138.13 $
6,000 $
All
3 Years
5.99 %
184.17 $
630.16 $
7,000 $
All
5 Years
5.99 %
138.80 $
1,327.82 $
7,000 $
All
3 Years
5.99 %
214.87 $
735.19 $
8,000 $
All
3 Years
5.99 %
245.56 $
840.21 $
8,000 $
All
5 Years
5.99 %
158.63 $
1,517.51 $
9,000 $
All
3 Years
5.99 %
276.26 $
945.24 $
9,000 $
All
5 Years
5.99 %
178.45 $
1,707.20 $
10,000 $
All
3 Years
5.99 %
306.95 $
1,050.27 $
10,000 $
All
5 Years
5.99 %
198.28 $
1,896.89 $
15,000 $
All
5 Years
5.99 %
297.42 $
2,845.34 $
15,000 $
All
3 Years
5.99 %
460.43 $
1,575.40 $
20,000 $
All
3 Years
5.99 %
613.90 $
2,100.53 $
20,000 $
All
5 Years
5.99 %
396.56 $
3,793.78 $
25,000 $
All
3 Years
5.99 %
767.38 $
2,625.67 $
25,000 $
All
5 Years
5.99 %
495.70 $
4,742.23 $
30,000 $
All
3 Years
5.99 %
920.86 $
3,150.80 $
30,000 $
All
5 Years
5.99 %
594.84 $
5,690.67 $
35,000 $
All
3 Years
5.99 %
1,074.33 $
3,675.93 $
35,000 $
All
5 Years
5.99 %
693.99 $
6,639.12 $

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