Prosper: Personal Loans

Editor's Review

Are you in need of a personal loan but unsure where to start? Look no further than the Prosper: Personal Loans App! This handy app allows you to explore new loan options or manage your existing loan seamlessly. With just a few taps on your phone, you can estimate your loan amount, interest rates, and monthly payments without having to provide any personal contact information. Once you're satisfied with the terms, you can complete your loan application in under 5 minutes and receive funding as quickly as the next business day. Whether you need a small loan of $2,000 or a larger sum up to $50,000, Prosper has you covered with fixed-rate, low-interest options.

Features

• Estimate loan amount & interest rate in 2 minutes

• Term options from 2 to 5 years

• Quick application process on your phone

• APR ranges from 8.99% to 35.99%

• Seamless application continuation

• Next-day funding available

Pros

• Fast and easy loan estimation

• Flexible term options

• Low-interest rates for creditworthy borrowers

• Quick application submission

• Next-day funding possible

Cons

• High APR for less creditworthy borrowers

• Limited maximum loan amount