Prosper Marketplace, Inc. 111 Sutter Street, 22nd Floor San Francisco, CA 94104
Prosper, Prosper.com, and the Prosper logo are registered trademarks or service marks of Prosper Marketplace, Inc. Copyright © 2005-2010 Prosper Marketplace, Inc. All rights reserved.
All personal loans are made by WebBank, a Utah-chartered Industrial Bank. All Prosper personal loans are unsecured 3-year fully amortized personal loans.
Notes offered by Prospectus. Notes investors receive are dependent for payment on personal loans to borrowers. Not FDIC-insured; Investments may lose value; No Prosper or bank guarantee. Prosper does not verify all information provided by borrowers in listings. Investors should review the prospectus before investing.
* The Estimated Return is presented to help you evaluate this automated plan and set an appropriate minimum yield and bid amount. Estimated Return is the average annual expected return on funds invested in this plan and is calculated by subtracting the estimated weighted average loss impact of all slices from the minimum bid yield. The estimated impact of credit losses is derived from the following components: estimated average annualized loss rate for a portfolio of similar loans (based on the historical performance of Prosper loans for borrowers with similar characteristics) and an adjustment for accrued interest not collected and late fees on defaulted loans.
The calculation of Estimated Return requires significant assumptions about the repayment of loans and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
** Based on personal loans made to borrowers posting listings with an AA Prosper Rating. Repayment terms: For a borrower with an AA Prosper Rating, a typical rate on a $1000 loan is 7.5% APR, with 36 fixed monthly payments of $30.97. Typical APRs for personal loans of $1,000 to $5,000 to borrowers with other Prosper Ratings: A - 11.30% APR; B - 16.01% APR; C - 22.48% APR; D - 29.78% APR; E - 37.69% APR; HR - 38.72% APR. Rate and eligibility for loans are not guaranteed. Rate is determined in a bidding process, and your actual rate may differ after completion of an application and loan listing. Eligibility for a loan is subject to identity verification and may also be subject to income and employment verification. All loans are subject to a loan origination fee. In addition, borrowers may be subject to late payment and insufficient funds fees. Refer to Borrower Registration Agreement for all terms and conditions.
