Prosper – Apply for a Loan

4.2 / 5  (3,920 reviews)
Maximum Amount $50,000 USD
APR from 8.99%
Term 24 – 60 mo.
Funds in 1-3 business days
Apply on the Official Prosper Website ad

Applying does not obligate you to accept a loan offer. Loans are approved by Prosper subject to eligibility and terms.

Contact Information

Company Prosper Marketplace, Inc.
Address 221 Main Street, Suite 300, San Francisco, CA 94105

Prosper – Repayment Schedule

Estimated monthly payments at APR 8.99%. Actual payment is determined at loan approval.

Amount \ Term 24 mo. 36 mo. 60 mo.
$5,000 USD $228.40 $158.98 $103.77
$10,000 USD $456.80 $317.95 $207.54
$15,000 USD $685.20 $476.93 $311.30
$20,000 USD $913.60 $635.90 $415.07
$25,000 USD $1,142.00 $794.88 $518.84
$30,000 USD $1,370.40 $953.85 $622.61

Representative Example

Loan Amount $6,000 USD
Repayment Term 60 months
APR 8.99%
Monthly Payment $124.52
Total Interest Cost $1,471.26
Total Amount Payable $7,471.26

* This example is for illustrative purposes. APR includes the interest rate and any applicable fees. Actual terms are determined upon signing the loan agreement.

Quick Overview

Loan Amount $2,000 USD – $50,000 USD
Term 24 – 60 months
APR from 8.99%
Approval 1-3 business days
Eligible Age 18+ years
Online Application Yes

Eligibility Requirements

  • ✓ Age 18+ years
  • ✓ US citizen or permanent resident
  • ✓ Verifiable income
  • ✓ Credit score 640+
  • ✓ Debt-to-income ratio under 50%

Loan Features

  • Joint applicants accepted
  • Loans up to $50,000
  • Pre-qualification with soft pull
  • Direct creditor pay option
  • Peer-to-peer model