IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT.
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.
* Pre-Selected credit offer: You received this offer because you met certain criteria for creditworthiness. Credit may not be extended to you if, after receiving your application, (i) you do not continue to meet the criteria used to select you, (ii) you do not meet minimum income requirements for your credit profile, (iii) or you do not meet any other applicable criteria bearing on your creditworthiness established prior to your selection, including electronic submission and verification of documents. By applying, you certify that all information provided by you at the time of acceptance is true, correct, and complete and that you are (a) at least 21 years old and legally able to enter into a contract for the extension of credit; and, (b) a U.S. citizen or permanent resident. This prescreened offer is for individual credit only. If you meet the selection criteria you may post a listing in an amount between $2,000 and $50,000 at the interest rate then in effect for your Prosper Rating. Eligibility for loans up to $50,000 depends on the information provided by the applicant in the application form. Eligibility for a loan is not guaranteed and funding of any amount greater than $2,000 ($3,001 for GA residents; $6,500 for MA residents) requires that a sufficient number of investors commit funds to your loan. If (i) your listing expires unfunded; and (ii) you continue to satisfy the criteria used to select you for the offer, funding is guaranteed for a $2,000 ($3,001 for GA residents; $6,500 for MA residents) 3-year loan listing at the interest rate then in effect for your Prosper Rating. Usage of your Personal Confirmation Number on or before the expiration date is required in order to receive this special offer. Refer to Borrower Registration Agreement for all terms and conditions. All personal loans made by WebBank.
1. Personal loans through Prosper have an annual percentage rate (“APR”) of 8.99% to 35.99%, terms between two and six years, and an origination fee from 1% to 9.99%. For example, a three-year $10,000 personal loan with an interest rate of 17.29% and an 8.99% origination fee results in a 24.19% APR. You would receive $9,101.00 and make 36 scheduled monthly payments of $357.97. A five-year $10,000 personal loan with an interest rate of 15.63% and an 8.99% origination fee results in a 20.02% APR. You would receive $9,101.00 and make 60 scheduled monthly payments of $241.22. Whether you are eligible for a specific APR or loan term will depend on a number of factors, including (but not limited to) your current credit rating and information you provide in your application. The lowest rates are for the most creditworthy applicants. Your actual rate may differ.
The average APR for pre-selected loans with a 3-year term funded between January 1, 2026, and March 31, 2026, was 24.8%. Eligibility for personal loans up to $50,000 depends on a number of factors, including (but not limited to) your financial history, credit score, monthly income, and monthly expenses. Eligibility for personal loans is not guaranteed, and requires sufficient investor commitments to fund. 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.
Prosper Marketplace, Inc. NMLS# 111473