Personal Loans with Great Rates
Prosper’s personal loan marketplace is easy to use
If you have good credit, you’re a perfect candidate for a personal loan through Prosper’s peer-to-peer lending marketplace. We connect people looking to borrow money with investors. Get low fixed rates without any of the hidden fees and red tape associated with other types of loans. Signing up is quick and easy. And of course, we always keep your personal loan information secure and anonymous.
It’s easy to apply for personal loans:
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Give us some basic information about yourself.
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Check your rates and review your loan options.
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Once investors commit funds to your loan, your loan will originate and be deposited in your bank account.
That’s it! Your monthly loan payments are fixed and, if you choose, will be automatically deducted from your bank account. There are no hidden fees or prepayment penalties, and your loan’s interest rate will never change.
Loans through prosper are unsecured – no collateral required
Looking for a loan to consolidate debt, start a small business, or remodel your kitchen, but find you lack the property or other collateral that some banks might require for such loans? Good news: All loans through Prosper are unsecured. You qualify for a loan based on your credit history.
You can use your loan for almost any purpose
You’re free to use the cash from your personal loan through Prosper in a wide variety of ways to enhance your life or business, such as:
- Debt Consolidation Loans – Free yourself from credit card debt
- Home Improvement Loans – Remodel your kitchen or bathroom
- Personal Loans for Business Use – Grow or start your small business
- Auto & Vehicle Loans – Get a new or used car, truck or motorcycle
- Short Term & Bridge Loans – With no prepayment penalties
- Green Loans – Financing for environmentally friendly projects
- See other Loan Purposes.
Does my credit score affect my loan?
Yes. If you are sure you have bad credit, you may want to consider improving it before you apply. If you are not sure of your credit score, we can help you find out now, for free, with no obligation. You need not have “perfect credit” to obtain a loan through Prosper.
What can I do to get my loan faster?
You can get your loan faster by submitting all required information and documents promptly. As we process your loan application, we’ll email you with any additional information you need to provide. You can track the progress on your loan application through our Verification Stage system which indicates how far along we are verifying the information you submitted.
