Auto loans

Get moving with a personal loan

Checking your rate won’t affect your credit score

auto loans

Why use a Personal Loan to buy a vehicle?

When you use a personal loan through Prosper to get your dream ride, or refinance the one you have, you’ll have fewer restrictions on how to use the funds, flexible terms and affordable financing options.

You find it. We can finance it

Conventional automotive loans may have restrictions on which vehicles can be financed. That’s why smart buyers turn to Prosper for options that fit their unique needs. Fast, flexible financing through Prosper may be the answer for buying vehicles of all kinds. What can Prosper finance?



Personal loans through Prosper may help you finance cars that may not qualify for traditional funding. From fixer-uppers to vintage cruisers, Prosper’s fast funding helps you close the deal before you get outbid.

Scooters and e-bikes

Many urban dwellers are turning to scooters and e-bikes to avoid traffic and go green. Prosper can help you get mobile without stressing about making ends meet. Reasonable interest rates and simple payment terms mean a smooth financing experience.


Motorcycles are an attractive option for commutes and running around town. Whether you’re eyeing a sleek cruiser, a fast sport bike, or a fuel-efficient daily commuter, Prosper can get you on the road.

Golf carts, ATVs, and 4-wheelers

Bring home some family fun by using a personal loan through Prosper to buy a golf cart, ATV, 4-wheeler, or other recreational vehicle. 

Gold carts atvs


Who needs wheels to get a loan? Personal loans through Prosper can help you buy a boat, jet ski, or even a submarine. Whether your plans are for fishing, water sports, or just family cruises at sunset, Prosper will have you setting sail for fun in no time.


With Prosper, you can check your potential rate without affecting your credit score. You may be eligible for a lower rate than your existing auto loan, especially if you’ve improved your credit. Check out our rate calculator and let’s save you some money on your existing ride.
Mother and black daughter peeping outside car

Personal Loans: Flexible, fast funds

It can be difficult to get the loan for the type of vehicle you want if it’s older or unique. Some lenders offer loans only if you buy a new car or one with very low mileage. Other lenders may limit the type of vehicle you can buy.

But what if you want to save money by purchasing an older used car? What if you’re looking into buying a motorcycle or truck, but you can’t satisfy other lenders’ restrictions on loans for these vehicles? What if you want to refinance an existing auto loan? Prosper may have the right loan option for you.

The benefits of choosing a personal loan through Prosper

  • Borrow any amount from $2,000-50,0001: A personal loan through Prosper isn’t tied to the vehicle. You can add accessories or aftermarket modifications and roll it up in the same loan!
  • Receive funds as soon as a single business day2: When buying used, you’ve got to move fast to win the car you want. With a personal loan through Prosper, you can receive your funds in as little as a single business day so you can outbid your opponents and secure your ride.
  • Flexible payment terms with no prepayment penalties: Prosper offers flexibility to pay off your loan when you want. We provide simple, fixed payments for a set term of 2-5 years1, but you can pay your loan off earlier with no penalties!



To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.


What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.


1 For example, a three-year $10,000 personal loan would have an interest rate of 11.74% and a 5.00% origination fee for an annual percentage rate (APR) of 15.34% APR. You would receive $9,500 and make 36 scheduled monthly payments of $330.90. A five-year $10,000 personal loan would have an interest rate of 11.99% and a 5.00% origination fee with a 14.27% APR. You would receive $9,500 and make 60 scheduled monthly payments of $222.39. Origination fees vary between 1% and 5%. Personal loan APRs through Prosper range from 6.99% to 35.99%, with the lowest rates for the most creditworthy borrowers. Your actual rate depends on credit history, income, loan term, and other factors. The average APR for a funded 3-year personal loan between January 1, 2022 and December 31, 2022 was 22.48% APR. Eligibility for personal loans up to $50,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions.


2 You may receive your funds one business day following your acceptance of the loan offer, completion of all necessary verification steps and final approval. One business day funding is also dependent on your bank’s ability to quickly process the transaction.


All personal loans made by WebBank.


Prosper and WebBank take your privacy seriously. Please see Prosper’s Privacy Policy and WebBank’s Privacy Policy for more details.