Prosper: Personal Loans 1.3.17

Discover new personal loan options or conveniently manage your existing loan with the Prosper: Personal Loans App.

If you're new to Prosper, you can quickly estimate your personal loan amount, interest rates, and monthly payments in just two minutes, without the need to provide your phone number or email. If you're pleased with the terms, you can easily submit your application through the Prosper: Personal Loans App in less than five minutes and expect next-day funding. You can access fixed-rate, low-interest personal loans ranging from $2,000 to $50,000.

• Obtain an estimated loan amount and interest rate with just three taps and two minutes of your time.
• Select a term between a minimum of two years and a maximum of five years.
• Submit your loan application directly from your phone within minutes.
• The Annual Percentage Rate (APR) ranges from 6.99% to 35.99%, with the most favorable rates reserved for highly creditworthy borrowers.
• Don't worry if your application gets interrupted; you can pick up right where you left off.
• If you meet the required conditions, you can receive next-day funding as fast as one business day.

All personal loans offered are made by WebBank.

If you're already a borrower, managing your personal loan has never been easier thanks to the Prosper: Personal Loans App. You can conveniently access and manage your My Prosper Account from anywhere using Fingerprints or Face Recognition for easy and secure login. Whether you need to make a payment, set up automatic payments, or track the progress of your loan, you can do it all from the palm of your hand. Forget about passwords and enhance security by using Face Recognition or Fingerprints to access your My Prosper Account.

• Stay informed about automatic payments or make a manual payment at your convenience, all from any location.

The example provided demonstrates that a two-year $10,000 personal loan could have an interest rate of 5.5% and a 2% origination fee, resulting in an Annual Percentage Rate (APR) of 7.91% APR. With this example, you would receive $9,800 and make 24 scheduled monthly payments of $440.96. The total amount you would repay is $10,583.04. Additionally, a five-year $10,000 personal loan would have an interest rate of 11.99% and a 5.00% origination fee, with a resulting APR of 14.27%. In this case, you would receive $9,500 and make 60 scheduled monthly payments of $222.39. The total amount you would repay is $13,343.40. Please note that origination fees may vary between 1% and 5%. Prosper provides personal loan APRs ranging from 6.99% to 35.99%, with the most favorable rates offered to highly creditworthy borrowers. Eligibility for personal loans up to $50,000 is subject to the information provided by the applicant and is not guaranteed, as it depends on the commitment of sufficient investors and meeting certain credit and other conditions. For all details, terms, and conditions, refer to the Borrower Registration Agreement. All personal loans are made by WebBank.

About Prosper:

Founded in 2005, Prosper was the first peer-to-peer lending marketplace in the United States. Since then, we have facilitated over $19 billion in personal loans to more than one million individuals. Through our platform, people can invest in each other in socially and financially rewarding ways. Borrowers can conveniently apply online for fixed-rate, fixed-term loans ranging from $2,000 to $50,000, while individuals and institutions have the opportunity to invest in these loans and earn solid returns.