LendingClub: Banking and More vs Prosper: Personal Loans Usage & Stats

Explore new personal loan options or manage your existing loan through the Prosper: Personal Loans App. New to Prosper? Take two minutes to estimate your personal loan amount, interest rates, and monthly payments all without sharing your phone # or email. Like what you see? Submit your application in less than 5 minutes through the Prosper: Personal Loans App, and get ready for next-day funding(in as little as one business day if you meet required conditions). Access fixed rate, low interest personal loans from $2,000 to $50,000. - Get an estimated loan amount and interest rate in three taps & two minutes - Choose between a minimum 2 year term or a maximum 5 year term (1) - Submit an application directly from your phone in less than minutes - Annual Percentage Rate (APR) ranges from 8.99% to 35.99%, with the lowest rates for the most creditworthy borrowers - Application got interrupted? Pick up right where you left off - Get next-day funding in as little time as one business day if you meet required conditions - All personal loans made by WebBank Already a borrower? Manage your personal loan with ease from anywhere through the Prosper: Personal Loans App. Now you can log in to your My Prosper Account easily and securely with Fingerprints or Face Recognition . Make a payment, set up automatic payments, and track the progress of your loan. All from the palm of your hand. Forget passwords & boost security. Use Face Recognition/Fingerprints to access your My Prosper Account - Keep an eye on automatic payments or make a manual payment anytime, anywhere (1)For example, a three-year $10,000 personal loan would have an interest rate of 9.38% and a 9.99% origination fee for an annual percentage rate (APR) of 16.74% APR. You would receive $9,001.00 and make 36 scheduled monthly payments of $319.77. A five-year $10,000 personal loan would have an interest rate of 11.14% and a 9.99% origination fee with a 15.84% APR. You would receive $9,001.00 and make 60 scheduled monthly payments of $218.12. Origination fees vary between 1% and 9.99%. Personal loan APRs through Prosper range from 8.99% to 35.99%, with the lowest rates for the most creditworthy borrowers. Eligibility for personal loans up to $50,000 depends on the information provided by the applicant in the application form. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account and that you meet credit and other conditions. Refer to Borrower Registration Agreement for details and all terms and conditions. All personal loans made by WebBank. About Prosper was founded in 2005 as the first peer-to-peer lending marketplace in the United States. Since then, we've facilitated over $19 billion in personal loans to more than one million people. Through Prosper, people can invest in each other in financially and socially rewarding ways. Borrowers apply online for fixed-rate, fixed-term loans between $2,000 and $50,000. Individuals and institutions can invest in the loans and earn solid returns.