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990,000 members
$204,000,000 in personal loans funded

Personal Loans and Online Investing

Prosper connects people who want to invest money with people who want to borrow money.
Learn more about how Prosper works
I want to Invest Money
 
Online Investing

Online Investing
in Personal Loans

You can earn a great return. Prosper makes it easy to invest like bankers do.

Lender Returns 10.4%
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Become a Lender
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Estimated Returns*

Make peer to peer lending part of your investment strategy. These short term investments in Prosper personal loans provide a new and rewarding way to invest.

Choose from Three Ways to Invest in Individual Americans

  • Automated plans: An automated, easy way to get started with online investing. Learn more
  • Individual notes: Bid on listings one-at-a-time. View listings
  • Existing notes: Online investing option available for advanced lenders. Learn more

Institutional investors: Prosper is a great way for institutions to broaden their online investing. Learn more

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I want to Get a Loan
 
Personal Loans

Personal Loans for Creditworthy Borrowers

Low rates on unsecured personal loans. The interest rate is fixed and never changes!

Fixed Rates as low as 7.5% APR**
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From $1,000 to $25,000
Based on your Prosper Rating, your maximum loan amount may be less than $25,000.
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Pay off those variable rate personal loans with a 3-year fixed rate loan. Whatever your need for a personal loan - home improvement loans, auto loans, a debt consolidation loan, motorcycle loans, small business use... get a better rate on Prosper.

About Prosper Loans

  • Borrowers with good credit (640+) post a loan listing and lenders invest $25 or more towards your loan. Your rate may get bid down in our auction process.
  • The interest rate is fixed for the life of the loan and never changes!
  • Monthly payments are fixed, and will be automatically deducted from your bank account.
  • There are no hidden fees and you can pay off the loan early with no penalty.
  • All Prosper loans are unsecured 3-year fully amortized personal loans.
About Peer to Peer Lending
 

How Peer to Peer Lending Works

Creditworthy Borrowers create listings for fixed rate personal loans. Lenders looking for a better return and greater transparency invest in individual Americans.

Peer to Peer Lending Listing
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Prosper Loan Listing
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Peer to Peer Lending—Rewarding for Borrowers and Lenders

  • Peer to Peer lending is a financial community made up of individual people seeking lower rate personal loans and investment opportunities with higher returns.
  • Borrowers apply online for personal loans. Lenders who are interested in online investing bid on loan listings. Registered lenders have access to the borrower's credit information. They can view the borrower's Prosper Rating, personal story and more.
  • If the loan gets enough bids, funds are placed in the borrower's bank account. Payments are automatically deducted from their bank account.
  • Lenders enjoy the rewards of this alternative investment: they receive monthly payments of principal and interest.
  • The high costs of banks are removed because we connect people directly: everyone benefits.
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Prosper... connects prospective borrowers with people who have money and a willingness to lend it."
"
...solidarity, simplicity and cost savings..."
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...banks have become tightfisted, but creditworthy borrowers haven't gone away."

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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.

* Estimated Return is the projected average annual return on funds invested in all loans originated on our platform from July 15, 2009 - May 31, 2010. Estimated Return is calculated by subtracting the estimated impact of credit losses on those loans from the corresponding yields. The estimated impact of credit losses is based on the historical performance of Prosper loans for borrowers with similar characteristics, with adjustments 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.