Consolidate your high interest loans and save

While it's true that you can't borrow your way out of debt, consolidating all of your high interest debts into one Prosper debt consolidation loan with a great rate could save on the amount of interest you're charged on your debts each month.

Plus, Prosper debt consolidation loans have a fixed interest rate, and your loan principal goes down as you make your loan payments, so you can stop your high interest credit card debt from spiraling out of control. Prosper's online electronic payment system lets you manage your entire consolidation loan directly with ease.

Get off the credit card treadmill

Making your minimum monthly payments on your credit cards won't reduce your credit card debt if your loan principal isn't being paid down. And credit card interest rates can often be reset higher if you miss a payment or exceed your limit, or even for no reason at all. Replace your credit card debt with a Prosper consolidation loan, where your fixed interest rate won't change and your loan principal gets paid down as you make your payments.

Avoid bad credit—take advantage of debt consolidation today

At Prosper, our community understands the importance of maintaining the best credit score possible.

In fact, many of our lenders were also borrowers at one point and chose to consolidate their personal loans into one low interest, monthly payment. We can help you, too.

And since Prosper offers only unsecured loans, you need not own your home for debt consolidation. Apply today and see how much you can save.

What is Prosper?

Prosper is an online community where people come together for lending and borrowing money. By bidding for loans, lenders can get great returns and borrowers can get great rates—and that helps everybody.

Get a Personal Loan for Debt Consolidation