Prosper Loans Reviews
Prosper is a lender offering Personal Loans up to $40000 online and in-store in the majority of states. The company can also provide you with debt consolidation and home improvement loans. Applying is easy. You can get approved even with bad credit score.
Prosper Rates and Fees
| MAX Loan Amount ▲ MAX Loan Amount It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements. | $40000 |
| MIN APR ▲ MIN APR The maximum percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan. | 6.95% |
| Collateral or Guarantor ▲ Collateral or Guarantor Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor. | None, Unsecured |
| MIN Loan Amount ▲ MIN Loan Amount It’s the minimal amount of cash advance you can apply for. It’s not always stated, the average sum is $100. But it may vary depending on the lender and the state’s regulations. | $2000 |
| MAX APR ▲ MAX APR The maximum percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan. | 35.99% |
| Terms ▲ Terms It’s the period of time within which you are to pay off your loan. | 3 - 5 years |
| Turnaround Time ▲ Turnaround Time The time within which you are to get the money. | 1 - 2 business days |
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States where Prosper is available
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Wisconsin
- Wyoming
Prosper Bank
The company was founded in 2005. Almost a million people received $16 billion in loans. Borrowers apply online for a fixed-rate, fixed-term loan between $2,000 and $40,000. Prosper is the discoverer of a personal loan. The company, which became the first firm to enter the peer-to-peer lending arena when it launched in 2006, offers people unsecured personal loans with fair and excellent credit. The average credit score among borrowers of this Bank is 710. The minimum credit score is 640.
Prosper Loans
Prosper offers different types of Loans:
- Debt Consolidation Loans. A debt consolidation loan can help you pay your debt by credit card or any other type of loan.
- Home Improvement Loans. You can use this type of loan to repair your home. Choose the amount you need and find out everything you need.
- Short Term & Bridge Loans. This is not a payday loan, it is an unsecured personal loan that can be taken for any needs, for a period of 3 to 5 years
- Auto & Vehicle Loans. If you need money to buy or repair a car, this type of loan is specifically for you. Fair interest rates are guaranteed. There is no exact amount set. You specify the amount that you need.
- Small Business Loans. Whether you need money for equipment or to start a small business, a fixed interest rate is specially selected for you.
- Baby & Adoption Loans. Newborns always require constant care and a lot of Finance. You can apply for this type of loan and Prosper will help you.
- Engagement Ring Financing. You want to make your beloved an offer, but you do not have enough money for a ring. Or newlyweds, you need money for wedding rings. Prosper will help you in this difficult financial situation.
- Special Occasion Loans. If you do not have enough money to celebrate a wedding, anniversary, this type of loan is chosen for you.
- Green Loans. Ecology is becoming more and more the main problem of the whole world. Prosper will help you Fund your project for the protection of the environment.
- Military Loans. When you go through military service, you may need money urgently. This type of loan can provide you with up to $40,000
Prosper Sign in
Registration on the site is necessary in order to see the latest offers for you to solve your financial problem. Enter the loan amount, your monthly income, contact email, and prosper will help you.
Prosper Loan login
It is very easy to log in to your personal account on the site:
- Head to the Prosper offer for loan login page linked above on a mobile browser.
- In the first box, type in the email address linked to your account.
- In the second field, type your password.
- Tap on the “continue” button to access your account.
Prosper Personal Loans
Personal loan APRs through Prosper range from 6.95% (AA) to 35.99% (HR) for first-time borrowers, with the lowest rates for the most creditworthy borrowers.
Take money for absolutely any needs. Prosper offers fair lending rates. The minimum credit score is 640.
Prosper Loans
Prosper offers the following types of Personal loans:
- Debt Consolidation Loans
- Home Improvement Loans
- Short Term & Bridge Loans
- Auto & Vehicle Loans
- Small Business Loans
- Baby & Adoption Loans
- Engagement Ring Financing
- Special Occasion Loans
- Green Loans
- Military Loans
Prosper offers fixed rate, “fully amortizing**”, unsecured loans from $2,000 to $40,000. Loan terms of 3 and 5 years are available, depending upon Prosper Rating and loan amount. Along with attractive rates, these loans are offered with no penalties for paying off your loan early or for making partial prepayments.
Why Prosper Personal Loans?
Prosper Personal Loans benefits are:
- A fixed interest rate
- A clear payment plan
- A set payoff date
How you can use Prosper Personal Loans?
Consolidating debt? Paying for a large expense like home improvement or a special occasion? Apply for a low interest, fixed term personal loan with no prepayment penalty fees through Prosper.
You can use the funds from a personal loan to pay for a range of needs, such as a special occasion, adoption fees, unexpected expenses, medical costs or remodeling project. You can also use a personal loan to consolidate other debts. In fact, personal loans often allow you to consolidate multiple types of debts, including credit card debt and medical debt at a lower rate than you might be paying on a credit card.
How to apply for Prosper Personal Loans?
Borrowers can receive their money in as little as 3 days after accepting a personal loan offer from Prosper.
1. At first, you are to state the loan amount
2. Then you choose the purpose of your loan
3. Choose if you apply alone or with somebody
4. Then you need to fill in your personal information: name, date of birth and e-mail and address
5. Choose your income source
6. Fill in financial information
7. Submit the application
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Prosper customer reviews
Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments. Further, the author is not liable for its’ readers’ statements nor the laws which they may break in the USA or their state through their comments’ content, implication, and intent.
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The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.
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The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.
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Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments. Further, the author is not liable for its’ readers’ statements nor the laws which they may break in the USA or their state through their comments’ content, implication, and intent.