How Peer-to-Peer Lending and Investing Works - Prosper

Peer-to-Peer Lending Means Everyone Prospers

Prosper is a market leader in peer-to-peer lending—a popular alternative to traditional loans and investing options. We cut out the middleman to connect people who need money with those who have money to everyone prospers!

How It Works: Diversify

Here's how it works:

  • Borrowers choose a loan amount, purpose and post a loan listing.
  • Investors view loan listings and invest in listings that meet their criteria.
  • Once the process is complete, borrowers make fixed monthly payments and investors receive a portion of those payments directly to their Prosper account.

Investors Get Better Returns

  1. Set your investment criteria
  2. Invest in loans
  3. Get borrower payments deposited directly to your Prosper account
  4. Enjoy great returns!
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Borrowers Get Better Rates

  1. Provide basic application information
  2. Post your customized loan listing
  3. Watch Prosper investors invest in your loan
  4. Get your money!
6.38% to 35.36% APR
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We Protect Your Privacy

Whether you're a borrower or an investor, protecting your privacy is our paramount concern. While we encourage borrowers to tell potential investors why they are looking for a loan, your actual identity is never revealed. And for investors, we offer an ID Theft Guarantee to protect you against fraudulent borrowers.

You are protected when you borrow or invest with Prosper.*** Read our privacy policy.

*** Prosper borrowers are responsible for making sure that their online descriptions do not reveal their identity.