Prosper Personal Loan Lender Profile



As low as 6.95%*

3, 5 years



Prosper is America’s first marketplace lending platform, with over $8 billion in funded loans.  Debt consolidation loans through Prosper have a fixed interest rate, and your loan principal goes down as you make your loan payments.  Prosper’s online electronic payment system lets you manage your entire consolidation loan directly and with ease.  Prosper Marketplace is backed by leading investors including Sequoia Capital, Francisco Partners, Institutional Venture Partners, and Credit Suisse NEXT Fund.

Residency: US residents with a bank account and social security number.

Loan Size:  Prosper loans can range between $2,000 and $35,000.

Loan Uses:  Debt consolidation, home improvement, vehicles, small business, new baby expenses and other uses.

No Collateral Required: All loans through Prosper are unsecured - you qualify for a loan based on your credit history.


Fixed Term

Terms (Years)

Rate (APR)

3, 5

6.95 - 35.99%

Rates Valid as of November 1, 2018

*All rates are APR

For example, a three-year $10,000 loan with a Prosper Rating of AA would have an interest rate of 5.31% and a 2.41% origination fee for an annual percentage rate (APR) of 6.95% APR. You would receive $9,759 and make 36 scheduled monthly payments of $301.10. A five-year $10,000 loan with a Prosper Rating of A would have an interest rate of 8.39% and a 5.00% origination fee with a 10.59% APR. You would receive $9,500 and make 60 scheduled monthly payments of $204.64. Origination fees vary between 2.41%-5%. 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. Eligibility for loans up to $40,000 depends on the information provided by the applicant in the application form. Eligibility is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions. All loans made by WebBank, member FDIC.


  • Make single monthly payments
  • No hidden fees, early payment penalties or tricky fine print
  • Your money goes straight to your bank account via direct deposit

Key Benefits




Prosper Loan

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