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Cash Rebate Fall Promotion for Lenders

Starting on October 12 if you invest $1,000 - $4,999 you will receive a 1% cash rebate into your Prosper account or, invest $5,000 or more and receive a 2% cash rebate into your Prosper account.

Lenders must invest the funds during the promotional period of October 12 through December 31 by being a winning bidder on loan listings that result in funded loans. Notes purchased through the trading platform are excluded from the promotion.

Once you have bid and invested on the loan listings your 1% or 2% cash rebate will be deposited into your Prosper account by January 22. If you met the original promotion requirements by November 15, an initial transfer will be deposited into your Prosper account by December 4.

To add money to your account click here and start investing in fellow Americans.

 

Lenders are doing well on Prosper since our relaunch in July

  • The average credit score for loans originated in September was 714.
  • The average yield to lenders is nearly 15.9%.
  • The average expected loss on the loans originated since inception is 5.9%.
  • The expected return to lenders is 10.0%.
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