Even before COVID, expensive healthcare costs had many Americans wondering what happens if you don’t pay medical bills. If you’re struggling with medical bill debt, from emergency hospital stays or simply as a result of regularly scheduled doctor’s office visits, whether those bills are COVID-related or not, there may be long lasting damage’s from not […]
Nobody wants to think about getting divorced, and planning for an emergency scenario or major life event is hard enough as it is without juggling divorce and finances simultaneously. The unnerving reality of relationships, however, is that, statistically speaking, one third of marriages will end in divorce — and the divorce rate in 2020 may […]
As we begin the fourth quarter of what has been an unprecedented and challenging year, we would like to provide our investor community an update on the performance of the Prosper portfolio, as well as our view of the overall macro environment.
It’s a common question, what’s the difference between a HELOC vs second mortgage? The short answer is, not a whole lot aside from verbiage. A second mortgage is another loan taken against your property that’s already mortgaged. You’ll be borrowing again, not to buy a home this time, but against your home by using the […]
This year has already asked many complicated questions. Now that we’re halfway through 2020 and over six months into the pandemic, one of the question you might be asking yourself is about the size of your emergency fund. Having an emergency fund may help to ensure that you and yours are provided for, regardless of […]
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.