We are an online community for lending and borrowing money. Borrowers enjoy fixed monthly payments, no hidden fees and no pre-payment penalties.
People who register as Prosper lenders set the minimum interest rate they are willing to earn and bid in increments of $50 to $25,000 on loan listings they select. In addition to criteria commonly used by institutional lenders, such as credit scores and histories, Prosper lenders can consider borrowers’ personal stories, endorsements from friends, and group affiliations.
Borrowers create loan listings for up to $25,000 and set the maximum rate they are willing to pay a lender. Then the auction …….>>> READ MORE at: