Highlights of Prosper Personal Loans
You can use a personal loan from Prosper for a wide range of purposes, including:
- Bill consolidation
- Home improvements
- Emergency or unexpected expenses
- College tuition expenses
- Major purchases
Prosper personal loans provide the cash you need with fixed monthly payments that you can afford and no prepayment penalties.
Prosper offers loans from $2,500 to $25,000. Prosper is America’s leading peer-to-peer lending marketplace, connecting borrowers with individual and institutional investors.
It’s a great alternative to traditional lenders because Proper’s members invest together to get you the money you need. Your loan has a better chance of getting approved as it can come from many sources.
Once your loan is approved it is packaged into one loan where you make affordable monthly payments. All borrower loans are fixed rate, unsecured, 4-year, fully amortizing with simple interest.
All credit types are welcome to apply, even consumers with bad credit. Prosper takes a fast and friendly approach in providing loans to borrowers. They make online lending easy.