Get Short-Term Loans With No Prepayment Penalties

Sometimes a short-term loan is exactly what you need—a loan you can pay back in three years or five years. A longer-term loan won’t work when you’re looking for a relatively small loan amount, no prepayment penalties, and a quick and easy application process. And, of course, you want all of this at a good rate.

Loans through Prosper are ideal short-term loans for many reasons. There are never any prepayment penalties at Prosper, which means the loans can be paid off as quickly as you’re able. You create your entire listing online, any time of day. And the loan rates are competitive.

A Pro-Consumer Short-Term Loan Online

In the competitive world of finance, a person needs to be careful to choose a loan with the best terms. In recent years, payday loans and title loans have become wildly popular, offering convenient short-term loans to the public. There’s just one problem—they’re usually offered at insanely high rates, gouging the borrower who might not even realize how much they’re ultimately paying for their loan.

A loan through Prosper is not a payday loan; it’s an unsecured personal loan, available at a competitive rate. Rates depend on a borrower’s credit history and other information.

Loan proceeds are sent to your bank account when the loan is granted, and loan payments can be automatically withdrawn each month. Prosper makes it easy and convenient to pay off your loan in a timeframe that meets your needs.

Create a Listing for a Short-Term Loan Today

So don’t delay — get the loan you need and make your dreams a reality. Create your listing in just minutes..

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 if you’d qualify, we can help you find out now, for free, with no obligation.