Reviews
Learn to apply easily for the Prosper Personal Loan
Here is how you can apply quickly and easily for the Prosper Personal Loan. This online lender can help you with an emergency, a dream vacation, home improvements, and much more. Read on to understand the requirements!
Advertisement
Prosper Personal Loan application: Enjoy the convenience of an online application!
Do you want to learn how to apply for a Prosper Personal Loan? Here is everything you need to know.
This personal loan offers $2,000 to $50,000, with competitive rates suitable to your circumstances. Keep reading to learn more!
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Advertisement
Online application
Applying for a Prosper personal Loan is simple and convenient. You do it online on their website.
The first step you’ll take is to visit the Prosper website and create an account. Once you have created an account, you can qualify and apply for a loan.
To apply for a loan, you must provide basic information about yourself, including your name, address, phone number, and email address.
You will also need to provide financial information, such as your income and employment history.
After you have provided this information, you will be able to see if you qualify for a Prosper personal loan.
You can choose the loan amount and terms that best suit your needs if you qualify.
Requirements
To apply for a Prosper personal loan, you’ll need to be at least 18 years old, a U.S. citizen or permanent resident, and have a regular source of income.
You’ll also need a valid email address, phone number, and bank account in the United States.
Advertisement
Apply using the app
You can use the Prosper app to download it. You can pre-qualify and get approved for your personal loan.
The mobile platform is available on Android and iPhone devices alike- it’s free.
Prosper Personal Loans vs. LendingClub Personal Loans: which one is the best?
Prosper Personal Loan is good for bad credit borrowers looking for competitive rates and quick funds for their projects.
On the other hand, LendingClub’s most attractive feature is direct deposit to debt consolidation loans.
These options are very similar, but you can find their main differences below.
Advertisement
Prosper Personal Loans
- APR: From 6.99% to 35.99%;
- Loan Purpose: Debt consolidation, home improvement, medical bills, financing a car, going on vacation, etc.;
- Loan Amounts: From $2,000 to $50,000;
- Credit Needed: 560 or higher;
- Origination Fee: The origination fee ranges between 1% and 5%;
- Late Fee: The late fee will be 5% of the monthly payment amount or $15, whichever is greater;
- Early Payoff Penalty: It doesn’t charge an early payoff fee.
LendingClub Personal Loans
- APR: It ranges from 8.30% to 36.00%;
- Loan Purpose: Credit card and debt consolidation, Balance transfers, and Home improvements;
- Loan Amounts: $1,000 – $40,000;
- Credit Needed: 600 or higher;
- Origination Fee: It ranges from 3.00% to 6.00% of the loan amount;
- Late Fee: 5% of the late payment amount or $15, whichever is greater;
- Early Payoff Penalty: LendingClub Personal Loan doesn’t charge an early payoff penalty.
Do you want to learn more about the LendingClub Personal Loan? Check out the application post below.
How to apply for LendingClub Personal Loan
Whether you want a loan for home remodeling or debt consolidation, here are some steps you'll need to apply
Trending Topics
Qtrade Direct Investing Review: Build Your Wealth
Explore our Qtrade Direct Investing review for exceptional customer service and a user-friendly platform, ideal for smart investing choices.
Keep Reading
Net First Platinum card application: how does it work?
Learn how to apply for the Net First Platinum card, and enjoy exclusive benefits for members at the Horizon Outlet website.
Keep Reading
How to build credit to buy a house: 10 best tips
Here are the best tips on how to build credit to buy a house and get approved for that mortgage loan. Read on!
Keep ReadingYou may also like
How to download the best offline GPS apps?
No more getting lost! Learn how to download the best offline GPS to help you get around town without using data or a cellular signal.
Keep Reading
Pick a Lender Personal Loan review: how does it work and is it good?
Looking for a financial boost? Then read this Pick a Lender Personal Loan review and find out! Get up to $40K in no time!
Keep Reading
Sable Card application: how does it work?
You can have a Sable card even if you don't have a credit score. Sable debit card has no fees and gives cashback. Learn how to apply for it.
Keep Reading