Program Overview

  • Simple installment loans with fixed rates and payments.
  • Loan sizes from $2,000 to $35,000
  • Three and five year terms*
  • Annual Percentage Rates range from 5.99% to 36.00%*

*Annual percentage rates through Prosper range from 5.99% to 36.00% for first-time borrowers, with the lowest rates for the most creditworthy borrowers. For example, a three year $10,000 loan with a rate of 5.99% APR would have 36 scheduled monthly payments of $302. A five year $10,000 loan with a rate of 9.68% APR would have 60 scheduled monthly payments of $201. Actual rate depends on credit history, income, and other factors. Eligibility is not guaranteed, and requires that a sufficient number of investors commit funds to borrower’s account and that borrower meet credit and other conditions. Refer to Borrower Registration Agreement for details. All loans made by WebBank, a Utah-chartered industrial bank, member FDIC.