Funeral services

Personal loans for funerals

Losing loved ones is hard. Personal loans through Prosper take the stress out of financing a memorial service.

Checking your rate will not affect your credit score


Why use a personal loan to finance a memorial service?

You don’t want to make difficult financial decisions while grieving those you love. Personal loans through Prosper offer a simple, flexible, and reasonable option to help cover end-of-life decisions.

Checking your rate will not affect your credit score

Funerals are expensive. Prosper can help

In 2021, the average funeral with burial services cost approximately $7,848 while a funeral with cremation cost $6,971 on average.

With funeral costs continuing to rise, understanding the other costs of a funeral can help you figure out your financial obligation when planning funeral arrangements. 

Funeral service fees

Service fees

Funeral homes charge basic service fees common to all funerals that cover securing permits and getting death certificate copies, coordinating service arrangements, overhead expenses, and sheltering the remains until the burial or cremation.

Funeral services

These charges can include the costs to use the funeral home facilities (and staff) for the viewing, funeral ceremony or memorial service and printed materials.

Funeral services
Casket and urns

Caskets and urns

Casket costs vary widely and will depend on the materials you choose. If your loved one wanted to be cremated, you’d also need to pay for an urn for the ashes or a cremation casket.

Cemetery fees and grave markers

Fees can include using a hearse to transport the remains from the funeral home to the burial site and the cost of a limousine (or other transportation) to bring the family to the cemetery.

You may also have to pay for equipment and staff for a graveside service. Other expenses are burial plots and a headstone or grave markers.

Cemetery fees

Embalming, makeup, and hair styling

These costs cover things like preparing and embalming the body and cosmetic preparations such as makeup and hair styling.

Cremation costs

While cremation avoids many of the burial fees, it’s not inexpensive. Cremation costs depend on the required services needed and your state.


Fast, flexible funding in your time of need

Personal loans through Prosper give you the fast, flexible funding you need to give a loved one the funeral they deserve. 

  • An easy online application: You’ve got enough on your mind. Prosper’s application process is quick and painless.
  • No rate hikes or payment increases: A simple payment schedule for a set term of 2-5 years¹ gives you peace of mind. There are no rate hikes or payment increases. 
  • No prepayment penalties: Even if your loved one left money for their funeral in their will, it can take time to sort out finances. Prosper has no prepayment penalty, making this an excellent choice to cover expenses while waiting for the legal process to release any inheritance, bequest, or financial arrangements made by the departed.
  • Fixed rates range from 6.99% to 35.99% APR¹: Prosper offers reasonable interest rates based on your credit history and unique financial situation, providing affordable funds.
  • Flexible usage: Personal loans through Prosper are disbursed directly to you, allowing you to use them however you need. From booking a funeral home to covering travel expenses, Prosper gives you the financial flexibility to handle expected and unexpected expenses in your time of grief.
  • Fast Funding from $2,000-50,000¹: Personal loans through Prosper are disbursed as quickly as the next business day² after approval, giving you access to the funds you need right away.

Checking your rate will not affect your credit score


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 9.88% and a 6.99% origination fee for an annual percentage rate (APR) of 14.93% APR. You would receive $9,301 and make 36 scheduled monthly payments of $322.11. A five-year $10,000 personal loan would have an interest rate of 11.64% and a 7.99% origination fee with a 15.36% APR. You would receive $9,201 and make 60 scheduled monthly payments of $220.63. Origination fees vary between 1% and 7.99%. Personal loan APRs through Prosper range from 6.99% to 35.99%, with the lowest rates for the most creditworthy borrowers. 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. All personal loans made by WebBank.


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.


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