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

4

Repay your loan every month

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

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. Prosper loans are 36 month, fixed rate, fully amortized loans.


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