Prosper Personal Loans review


Prosper AA-Grade Debt

It’s free, and you’ll get tools and info that can help you improve your financial health:

  • Credit scores and reports
  • Credit monitoring
  • Personalized recommendations

Company Overview

Prosper is America’s fastest growing online peer-to-peer lending marketplace. Encouraging people to invest in each other, Prosper facilitates the loan service on behalf of borrowers and investors.

Borrowers can apply online and list loan requests ranging from $2, 000 to $35, 000. In return, investors can create an account and elect to loan out as little as $25 through listings that detail a borrower’s credit scores, ratings and community affiliations along with other details. All loans are unsecured with fixed rates, making monthly payments easy for borrowers to manage.

Founded in 2006, Prosper is headquartered in San Francisco, California. There are currently more than 2 million members, with over $2 billion in loans funded on prosper.com.

**Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based on analysis of information provided by the consumer and available rate information from lenders. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 2% to 12%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information, credit usage and history. All loans are subject to credit review and approval. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. restrictions may apply. When evaluating offers, please review the lender’s Terms and Conditions for additional details.

Interesting facts

  • The Nishihara Loans (西原借款, Nishihara Shakkan) were a series of loans made by the Japanese government under the administration of Prime Minister Terauchi Masatake to the Anhui clique warlord Duan Qirui from January 1917 to September 1918, in exchange for territorial concessions and rights in northern China.
    In January 1917, Prime Minister...
  • GE Money is the direct-to-consumer financial services arm of General Electric, one of the largest companies in the world. Formerly known as GE Consumer Finance, the company has undergone a rigorous rebranding campaign to advertise the GE Money brand globally. Today, GE Money has a presence in 50 countries, providing products such as credit...

Additional information


Prosper Loans - Personal Loans
Prosper Loans - Personal Loans
Prosper.com Review!
Prosper.com Review!
Prosper Loans Review.
Prosper Loans Review.

Popular Q&A

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What would your personal review of Prosper.com be?

I've been a lender on Prosper for six months now.  My first investment as $500 which I spread around 10 loans at $50 each.  I stuck mainly with A-C credit types. All loans have been timely paid to date.