How to Invest
Become a part of driving America's economy by joining the thousands of Prosper lenders who are already helping fellow Americans get loans at fair rates on Prosper—the most transparent lending community in the world.
Prosper enables people to invest money in loans in a safe and transparent manner. Prosper provides an opportunity for borrowers to request loans at fair rates and lenders to invest in fellow Americans in a way that is socially and financially rewarding.
Prosper borrowers are people with good credit (a credit score of 640 and above) who want a loan at a fair rate. Prosper lenders are members who are US residents of states where Prosper is currently available, with a bank account and have transferred money to bid on loans.
You have the choice of how to invest—listings directly from borrowers, or bidding on Notes offered for sale on the Trading Platform.
To start investing, you will need to become a member of Prosper. This is a simple process that will request some basic information. You do not need to be licensed to be a lender on Prosper.
The Notes that correspond to specific borrower listings are offered pursuant to the prospectus. Investors should read the complete description of the Notes and risks associated with making an investment in the Notes as well as other information about us and our platform in the prospectus.
Three Ways to Invest on Prosper
To provide investment flexibility there are three ways to bid on loans:
Search Listings
You can browse the listings by visiting the Invest tab. Look through featured, ending soon, or listings with high Prosper Ratings. Advanced and saved search options let you easily view listings by specific criteria.
Borrowers can request loans up to $25,000, and they indicate the maximum interest rate they wish to pay. All loans are personal, unsecured, three year fixed-rate loans. As a lender, you select listings you like, and using Prosper's auction model, you can bid on the listings. Learn more
Portfolio Plans
A portfolio plan is an easy way to automatically bid on listings that match your specific criteria. Prosper has created three portfolio plans templates—Balanced, Moderate and Aggressive—to help you get started.
Portfolio plans enable you to set the amount you want bid per listing, so you can more quickly create a portfolio of smaller loans across many borrowers, diversifying your risk. Learn more
Trade Existing Loans
You can put your Notes (purchased after July 13, 2009) up for sale at any time on the Note Trader by Folio Investing. Or you can purchase Notes for sale. It is quick and easy to establish brokerage account for trading.
Open a Trading Account
Why not get started today in helping your fellow Americans and become a financial hero?
