You may want to get a personal loan during a recession to consolidate your debt, finance an emergency, or invest in new skills. The higher your credit score, the better your chances of qualifying.
Debt isn’t always bad; it’s in how you manage it. Prosper covers what is consumer debt and how to manage it in part 2 of our money management series.
One of the most common questions consumers ask is this: what is principal and interest? They’re both terms related to loans, but what do they mean? We believe that financial literacy is a core component of achieving financial empowerment. And understanding principal and interest is key to paying off debt. So let’s take a look […]
Do you have questions about personal loans and your credit score? Prosper will help break down some of the important details.
Should you apply for a secured or unsecured loan? Find out the difference between secured vs unsecured loans before you apply.
What is a personal loan? There are many reasons a personal loan may work for you. But before applying, you need to understand how they work.
A credit card balance transfer lets you move debt from one card to another that has a lower interest rate. Many credit card issuers offer a 0 percent, or otherwise low, introductory APR on balance transfers.
Most adults in the United States have at the very least, heard of a FICO® Score. However, most lack knowledge of the nitty-gritty of a FICO score – its meaning, how it differs from other credit scores, what it’s used for, why it changes, what a “good” FICO score is, and more. Luckily, Prosper is […]
Valentine’s Day is traditionally a time to celebrate what’s truly most important in life: love, in all its aspects. Finding your soulmate, building a life together, celebrating your partner and all that they mean to you: that’s Valentine’s Day. Love and money—that seems less intuitive for a romantic holiday. But what’s more romantic than setting […]