Lending Money

Search for listings

Search listings by borrower credit grade, debt-to-income ratio, and other criteria. When you find the listing you want to bid on, review the listing, the borrower, and the borrower's credit rating.

Along with the terms of the loan the borrower is looking for, listings may include a picture and a description of the requested loan.

If you click on the number of bids, you can see the bid history for your listing, which shows the lenders who are bidding, the amounts they're bidding, and (over time) will show the interest rate dropping as more bids come in.

Bidding on Prosper occurs in a Dutch auction format, which means that multiple lenders can get a piece of the same loan at varying amounts of participation. All winning lenders, however, will receive the loan at the same interest rate.

When you're ready to bid, click the "Bid Now" button.