Prosper’s Monthly Performance Updates are designed to help our investor community understand performance trends on the Prosper Platform.
BBVA USA, the U.S. subsidiary of Madrid-based BBVA, today announced it is offering a digital Home Equity Line of Credit (HELOC) through its website, powered by Prosper, a leading online marketplace for consumer loans. Prosper’s digital HELOC platform, which was developed to simplify the process of applying for and obtaining a HELOC, is now available to BBVA USA customers in select states via the BBVA-branded version of the platform.
Prosper launched in 2006 as the first peer-to-peer lending platform in the U.S. and since then we have gone through many changes. But, more than 15 years after we were founded, one thing stays the same – our commitment to our borrowers and investors.
Over the past several months, as Americans across the country stayed home to help slow the spread of COVID-19, unemployment numbers have skyrocketed. Many people have been laid off or furloughed, making it difficult and stressful to stay on top of their finances. In response to the pandemic, Prosper has been actively working with its […]
One of the pandemic’s most maddening features is its lack of predictability. And, while the Prosper team can’t know the future, we can promise you this: We will continue to serve our borrowers by working with them to manage the challenges they’re sure to face in the coming weeks.
Nearly 15 years ago, Prosper launched as the first peer-to-peer lending platform in the U.S. As of today, more than 1 million people have gotten a personal loan through Prosper!