For most couples, discussing finances isn’t exactly romantic—at times, it’s downright awkward. This Valentines day, we want to help couples avoid those awkward and potentially damaging conversations. Here are seven important questions every couple should discuss before taking the next big step, whether that’s moving in together or getting married: How much have you saved? […]
Prosper Blog
What Does Financial Wellness Mean in the U.S.?
What does the term “financial wellness” mean to you? For some it means consistently making progress in your checking/savings accounts; for others it involves saving for big, and often unplanned, expenses or emergencies; and for many, it’s about paying off debt. At Prosper Marketplace, we believe that financial wellness starts with the feeling that you’re […]
Debt Consolidation 101: Is It Right For You?
If you’re struggling with debt, chances are there are two words you’ll hear repeatedly as a possible solution: debt consolidation. Even so, when it comes to the process, you might be confused where to start. Here’s a primer. First, what is debt consolidation? Let’s say you owe money on three credit cards. Each charges you […]
#MyProsperStory Q&A: How a Loan Through Prosper Helped Jerry Follow His Dream
Jerry’s #MyProsperStory is about making an impact in the world. In 2004 Jerry Hughes, a top advertising executive in Minneapolis, was diagnosed with HIV. His surprising diagnoses left him feeling uncertain about the future. The only thing Jerry knew for sure was that he wanted to help others. So, using all of his spare time, […]
What Higher Interest Rates Mean for You
Last month the Federal Reserve announced plans to raise short-term interest rates to between 0.25% and 0.5%—a move that affects millions of people’s lives. The good news for consumers is that this is a small hike. If you have no or low debt, the rate hike probably won’t affect you significantly. But the average U.S. […]
Six Simple Steps to Re-vamp Your Finances and Get Out of Debt in 2016
Looking forward to a financially successful 2016? Here are some simple tips that may help you get there. A new year often reminds us it’s time to get our finances in order. For many, that means committing to reducing their debt. But figuring out a way to do so often seems overwhelming. Take Sarah Thomas, […]
