Get a personal loan at a great rate

Personal Loans from 8.68% - Borrow up to $25,000 with fixed monthly payments

Unfortunately, if you have credit problems, Prosper might not be the right place for you. If you have too low of a credit score, you'll be unable to create a listing.

Use a service such as Credit Karma to check your credit score
Learn how to improve your credit at www.fdic.gov

What is Prosper?

Prosper is an online community where people come together for lending and borrowing money. Bidding on borrowers' loans, lenders get great returns by offering great rates. And that means everybody does better.

Prosper has over 830,000 members and $178,000,000 in loans funded.

How does it work?

Borrowers create a listing and set the interest rate they are willing to pay.
Lenders place bids toward the loan.
Bids with the lowest rates are combined into one simple loan to the borrower.
Loan proceeds are deposited directly into your bank account.

*Fees not included.
Source: Bankrate.com as of 10/6/08. More.

All loans are made by WebBank, a Utah-chartered Industrial Bank and sold to winning bidders registered as lenders with Prosper. Prosper "lenders" are loan purchasers. All loans are 3 year, fixed rate unsecured loans.