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Borrowing Money

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1. Create
your listing
 >  2. Let the
bidding begin
 >  3. Receive
your money
 >  4. Make monthly
payments

Automatic monthly payments


Every month, Prosper will make an automatic withdrawal from your bank account for the amount of your monthly payment, and divide that payment among your lenders.

At any time you can make a manual loan payment or pay off your loan early. There is never a penalty for making an early or full payment on your loan.

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