Prosper: Personal Loans

Prosper: Personal Loans

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Prosper: Personal Loans — Fast, Fixed-Rate Funding for Your Financial Goals

See your rate in just 2 minutes without sharing your phone number or email. Whether you’re consolidating high-interest debt or starting a home renovation, get next-day funding up to $50,000 through the pioneer of peer-to-peer lending.

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Publisher

Prosper Marketplace, Inc.

Category

Finance

Downloads

630K+

User Rating

4.8/5

Total Ratings

20K+

Locales

1

Your Loan, Simplified

Discover the interface used by 630K+ users.

Prosper mobile app screen showing personal loan estimation and management features

Prosper mobile app screen showing personal loan estimation and management features

Prosper app interface showing repayment progress of a debt consolidation loan

Prosper app interface showing repayment progress of a debt consolidation loan

Interface of the Prosper app showing a free FICO score of 759 and a score history graph for borrowers.

Interface of the Prosper app showing a free FICO score of 759 and a score history graph for borrowers.

Prosper app interface showing loan estimate options with no credit score impact

Prosper app interface showing loan estimate options with no credit score impact

A mobile screen from the Prosper app asking the user how much they would like to borrow with an entry for 8000 dollars

A mobile screen from the Prosper app asking the user how much they would like to borrow with an entry for 8000 dollars

Prosper app interface showing pre-approved personal loan offers with adjustable amounts and term options

Prosper app interface showing pre-approved personal loan offers with adjustable amounts and term options

Prosper app dashboard showing a debt consolidation loan with a seventy five percent paid off status and payment details

Prosper app dashboard showing a debt consolidation loan with a seventy five percent paid off status and payment details

Finance Your Goals with Confidence

The tools that make this app stand out, trusted by 630K+ users.

Next-Day Funding

Apply in under 5 minutes and receive your funds as soon as the next business day to tackle your priorities without the wait.

📉

Smart Debt Consolidation

Swap high-interest credit card debt for one predictable, lower-rate monthly payment designed for your financial optimization.

🔐

Secure Mobile Management

Track your progress and automate payments with ease using biometric security for a completely frictionless banking experience.

Loved by users worldwide

Trusted by 630K+ people who love this app.

"

"I was looking for a way to consolidate my credit card debt without the hassle of visiting a physical bank branch. Prosper made the entire process incredibly simple—I got my rate estimate in literally two minutes and the funds were in my account the very next day. It is the most seamless financial app I have ever used."

Marcus J., Digital Marketing Manager
"

"As a homeowner, I needed quick access to funds for an unexpected kitchen repair. Prosper's mobile experience is top-notch. I applied during my lunch break and was approved before dinner. The FaceID integration makes it so easy to check my balance and manage autopayments without digging for passwords."

Elena G., Project Coordinator

About the app

Everything you need to know about Prosper: Personal Loans.

Description

Explore new personal loan options or manage your existing loan through the Prosper: Personal Loans App. New to Prosper? Take two minutes to estimate your personal loan amount, interest rates, and monthly payments all without sharing your phone # or email. Like what you see? Submit your application in less than 5 minutes through the Prosper: Personal Loans App, and get ready for next-day funding(in as little as one business day if you meet required conditions). Access fixed rate, low interest personal loans from $2,000 to $50,000. - Get an estimated loan amount and interest rate in three taps & two minutes - Choose between a minimum 2 year term or a maximum 5 year term (1) - Submit an application directly from your phone in less than minutes - Annual Percentage Rate (APR) ranges from 8.99% to 35.99%, with the lowest rates for the most creditworthy borrowers - Application got interrupted? Pick up right where you left off - Get next-day funding in as little time as one business day if you meet required conditions - All personal loans made by WebBank Already a borrower? Manage your personal loan with ease from anywhere through the Prosper: Personal Loans App. Now you can log in to your My Prosper Account easily and securely with Fingerprints or Face Recognition . Make a payment, set up automatic payments, and track the progress of your loan. All from the palm of your hand. Forget passwords & boost security. Use Face Recognition/Fingerprints to access your My Prosper Account - Keep an eye on automatic payments or make a manual payment anytime, anywhere (1)For example, a three-year $10,000 personal loan would have an interest rate of 9.38% and a 9.99% origination fee for an annual percentage rate (APR) of 16.74% APR. You would receive $9,001.00 and make 36 scheduled monthly payments of $319.77. A five-year $10,000 personal loan would have an interest rate of 11.14% and a 9.99% origination fee with a 15.84% APR. You would receive $9,001.00 and make 60 scheduled monthly payments of $218.12. Origination fees vary between 1% and 9.99%. Personal loan APRs through Prosper range from 8.99% to 35.99%, with the lowest rates for the most creditworthy borrowers. Eligibility for personal loans up to $50,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans 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 personal loans made by WebBank. About Prosper was founded in 2005 as the first peer-to-peer lending marketplace in the United States. Since then, we've facilitated over $19 billion in personal loans to more than one million people. Through Prosper, people can invest in each other in financially and socially rewarding ways. Borrowers apply online for fixed-rate, fixed-term loans between $2,000 and $50,000. Individuals and institutions can invest in the loans and earn solid returns.

Latest Version

1.4.14

Size

67.7 MB

First Released

Dec 16, 2021

Get Your Personalized Loan Estimate in 2 Minutes

Join over 1 million people who trust Prosper for fast, fixed-rate personal loans. Download the app today and see your rate with no impact on your credit score.

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FAQ

Frequently Asked Questions

Everything you need to know about Prosper: Personal Loans

How does Prosper: Personal Loans estimate my loan rate?

The Prosper: Personal Loans app allows users to estimate their personal loan amount, interest rates, and monthly payments in under two minutes without requiring a phone number or email.

What is the maximum loan amount available through the Prosper: Personal Loans app?

The Prosper: Personal Loans app offers fixed-rate, low-interest personal loans ranging from $2,000 up to $50,000. Eligibility depends on applicant information and investor commitments.

Can I get next-day funding with Prosper: Personal Loans?

Yes, the Prosper: Personal Loans app facilitates next-day funding in as little as one business day if you meet the required conditions. Applications can be submitted in under five minutes.

What are the Annual Percentage Rate (APR) ranges for Prosper personal loans?

Annual Percentage Rate (APR) for personal loans through Prosper: Personal Loans ranges from 8.99% to 35.99%. The app offers the lowest rates to the most creditworthy borrowers.

Can existing borrowers manage their loans with the Prosper: Personal Loans app?

Yes, existing borrowers can manage their personal loans within the Prosper: Personal Loans app. Features include making manual payments, setting up automatic payments, and tracking loan progress.

Does Prosper: Personal Loans offer free FICO® Scores?

Yes, the Prosper: Personal Loans app provides FICO® Scores for free. This feature is available to active loan borrowers to help them track their credit health.

Who makes the personal loans offered through the Prosper: Personal Loans app?

All personal loans facilitated through the Prosper: Personal Loans app are made by WebBank. Prosper acts as a platform connecting borrowers with funding.

Does checking my rate with Prosper: Personal Loans affect my credit score?

No, researching your options or getting an estimate with the Prosper: Personal Loans app does not impact your credit score. Selecting a pre-approved offer also does not affect it.

What are the available loan terms for Prosper personal loans?

Prosper: Personal Loans offers loan terms with a minimum of 2 years and a maximum of 5 years. This provides flexibility in choosing a repayment schedule.

Can I use Face Recognition or Fingerprints to access my Prosper: Personal Loans account?

Yes, existing borrowers can securely log in to their My Prosper Account using Face Recognition or Fingerprints through the Prosper: Personal Loans app, enhancing security and convenience.